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Best Information Technology Service Stocks to Buy Now (2024)
Top information technology service stocks in 2024 ranked by overall Zen Score. See the best information technology service stocks to buy now, according to analyst forecasts for the information technology services industry.

Industry: Information Technology Se...
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
EXLS
EXLSERVICE HOLDINGS INC
NASDAQ
Information Technology Services
$4.74B$29.15-0.44%$323.82M26.65x0.42
G
GENPACT LTD
NYSE
Information Technology Services
$5.59B$31.05-0.29%$769.86M8.80x1.06
GDYN
GRID DYNAMICS HOLDINGS INC
NASDAQ
Information Technology Services
$730.01M$9.54-0.93%$19.87M318.00x0.14
GMM
GLOBAL MOFY METAVERSE LTD
NASDAQ
Information Technology Services
$25.55M$0.90-1.10%$8.40M3.44x0.30
GIB
CGI INC
NYSE
Information Technology Services
$22.99B$98.77-1.31%$2.03B19.15x0.78
FI
FISERV INC
NYSE
Information Technology Services
$87.47B$149.49-0.16%$8.17B27.84x2.19
EPAM
EPAM SYSTEMS INC
NYSE
Information Technology Services
$9.87B$170.25-2.36%$664.41M22.85x0.26
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
NASDAQ
Information Technology Services
$32.72B$65.810.44%$3.38B15.78x0.37
INOD
INNODATA INC
NASDAQ
Information Technology Services
$397.36M$13.82-8.72%$8.35M172.75x1.30
TASK
TASKUS INC
NASDAQ
Information Technology Services
$1.13B$12.850.78%$161.66M24.71x0.92
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
NASDAQ
Information Technology Services
$5.90B$115.210.12%$854.00M13.29x1.99
JKHY
JACK HENRY & ASSOCIATES INC
NASDAQ
Information Technology Services
$11.83B$162.21-1.71%$707.10M31.19x0.56
ACN
ACCENTURE PLC
NYSE
Information Technology Services
$191.39B$285.35-0.06%$11.50B25.57x0.86
DTST
DATA STORAGE CORP
NASDAQ
Information Technology Services
$43.92M$6.30-1.10%$2.16M57.27x0.27
CTLP
CANTALOUPE INC
NASDAQ
Information Technology Services
$494.38M$6.79-0.29%$29.21M42.44x0.77
IBM
INTERNATIONAL BUSINESS MACHINES CORP
NYSE
Information Technology Services
$156.67B$170.550.62%$14.86B19.01x4.89
INFY
INFOSYS LTD
NYSE
Information Technology Services
$74.30B$17.91-0.17%$4.68B25.23x0.66
IBEX
IBEX LTD
NASDAQ
Information Technology Services
$271.82M$15.79-1.93%$71.97M7.52x0.82
GLOB
GLOBANT SA
NYSE
Information Technology Services
$6.64B$154.21-2.44%N/A39.44x0.50
CDW
CDW CORP
NASDAQ
Information Technology Services
$30.99B$230.551.86%$1.92B28.43x5.17
HCKT
HACKETT GROUP INC
NASDAQ
Information Technology Services
$600.05M$21.73-1.23%$53.07M16.98x0.92
PRFT
PERFICIENT INC
NASDAQ
Information Technology Services
$2.62B$74.40-0.01%$143.94M30.24x0.96
NABL
N-ABLE INC
NYSE
Information Technology Services
$2.63B$14.22-0.91%$101.82M101.57x0.62
WNS
WNS (HOLDINGS) LTD
NYSE
Information Technology Services
$2.36B$51.70-0.44%$282.38M17.41x0.85
CNXC
CONCENTRIX CORP
NASDAQ
Information Technology Services
$3.85B$58.27-0.53%$1.11B12.16x1.99
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
NYSE
Information Technology Services
$23.55B$199.240.80%$1.28B33.60x2.62
CACI
CACI INTERNATIONAL INC
NYSE
Information Technology Services
$9.63B$431.870.36%$810.32M24.75x1.02
CSPI
CSP INC
NASDAQ
Information Technology Services
$135.77M$13.92-2.93%$5.64M24.86x0.33
MGIC
MAGIC SOFTWARE ENTERPRISES LTD
NASDAQ
Information Technology Services
$498.36M$10.15-4.34%N/A13.90x0.88
PSN
PARSONS CORP
NYSE
Information Technology Services
$11.41B$77.741.20%$194.82M287.93x1.33
ASGN
ASGN INC
NYSE
Information Technology Services
$3.99B$87.03-0.47%$450.70M19.96x0.87
IT
GARTNER INC
NYSE
Information Technology Services
$34.65B$446.300.82%$1.41B44.06x9.74
LDOS
LEIDOS HOLDINGS INC
NYSE
Information Technology Services
$19.45B$143.870.01%$1.08B60.96x2.00
FORTY
FORMULA SYSTEMS (1985) LTD
NASDAQ
Information Technology Services
$1.10B$72.000.00%N/A16.74x2.38
DXC
DXC TECHNOLOGY CO
NYSE
Information Technology Services
$3.28B$18.342.17%$1.85B39.87x3.84
WIT
WIPRO LTD
NYSE
Information Technology Services
$30.10B$5.763.04%$2.31B23.04x0.54
III
INFORMATION SERVICES GROUP INC
NASDAQ
Information Technology Services
$148.92M$3.06-1.92%$12.06M-306.00x1.45
VNET
VNET GROUP INC
NASDAQ
Information Technology Services
$544.76M$2.08-2.80%-$89.82M-0.81x3.65
NYAX
NAYAX LTD
NASDAQ
Information Technology Services
$776.51M$23.30-1.06%$4.40M-50.87x1.55
TWKS
THOUGHTWORKS HOLDING INC
NASDAQ
Information Technology Services
$871.87M$2.70-1.46%$5.18M-9.31x0.68
GDS
GDS HOLDINGS LTD
NASDAQ
Information Technology Services
$1.67B$8.780.80%$168.20M-2.77x3.01
CNDT
CONDUENT INC
NASDAQ
Information Technology Services
$628.07M$3.071.32%$179.00M-3.37x3.15
CLPS
CLPS INC
NASDAQ
Information Technology Services
$24.34M$0.950.00%N/A-9.50x0.63
DMRC
DIGIMARC CORP
NASDAQ
Information Technology Services
$551.22M$25.79-0.92%-$34.10M-12.52x0.18
BBAI
BIGBEARAI HOLDINGS INC
NYSE
Information Technology Services
$317.44M$1.29-2.27%-$135.99M-1.45x2.48
NOTE
FISCALNOTE HOLDINGS INC
NYSE
Information Technology Services
$181.41M$1.35-3.57%-$10.30M-3.97x2.37
AUR
AURORA INNOVATION INC
NASDAQ
Information Technology Services
$3.63B$2.34-4.88%-$717.00M-4.33x0.12
WYY
WIDEPOINT CORP
NYSEMKT
Information Technology Services
$26.72M$2.87-3.37%$12.14k-6.83x2.83
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
NYSE
Information Technology Services
$42.86B$77.051.22%-$3.03B-7.52x0.99
BTCM
BIT MINING LTD
NYSE
Information Technology Services
$33.34M$3.009.89%-$16.15M-1.00x1.89
VYX
NCR VOYIX CORP
NYSE
Information Technology Services
$1.76B$12.110.50%$443.00M-3.50x-140.21
KD
KYNDRYL HOLDINGS INC
NYSE
Information Technology Services
$5.86B$25.410.28%$1.14B-17.17x9.33
JFU
9F INC
NASDAQ
Information Technology Services
$23.19M$1.97-7.51%-$15.89M-1.19x0.13
TTEC
TTEC HOLDINGS INC
NASDAQ
Information Technology Services
$315.30M$6.633.27%$186.93M-25.50x2.52
CTM
CASTELLUM INC
NYSEMKT
Information Technology Services
$9.55M$0.18-2.70%-$11.92M-0.51x1.38
SLNH
SOLUNA HOLDINGS INC
NASDAQ
Information Technology Services
$18.94M$4.838.30%-$12.17M-0.21x1.94
WAVD
WAVEDANCER INC
NASDAQ
Information Technology Services
$4.63M$2.300.88%-$978.45k-3.43x1.20
CLVT
CLARIVATE PLC
NYSE
Information Technology Services
$3.56B$5.320.00%-$47.00M-3.22x1.12
ARBB
ARB IOT GROUP LTD
NASDAQ
Information Technology Services
$13.48M$0.51-13.71%$5.23M-0.44x1.66
NTRP
NEXTTRIP INC
NASDAQ
Information Technology Services
$1.48M$1.907.95%-$5.76M-0.17x0.44
XRX
XEROX HOLDINGS CORP
NASDAQ
Information Technology Services
$1.68B$13.53-2.66%-$17.00M-9.27x3.09
UIS
UNISYS CORP
NYSE
Information Technology Services
$290.07M$4.190.96%-$217.30M-0.71x-12.83

Information Technology Service Stocks FAQ

What are the best information technology service stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best information technology service stocks to buy right now are:

1. Exlservice Holdings (NASDAQ:EXLS)


Exlservice Holdings (NASDAQ:EXLS) is the top information technology service stock with a Zen Score of 65, which is 30 points higher than the information technology service industry average of 35. It passed 21 out of 33 due diligence checks and has strong fundamentals. Exlservice Holdings has seen its stock lose -3.32% over the past year, underperforming other information technology service stocks by -10 percentage points.

Exlservice Holdings has an average 1 year price target of $38.50, an upside of 32.08% from Exlservice Holdings's current stock price of $29.15.

Exlservice Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Exlservice Holdings, 25% have issued a Strong Buy rating, 75% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Grid Dynamics Holdings (NASDAQ:GDYN)


Grid Dynamics Holdings (NASDAQ:GDYN) is the second best information technology service stock with a Zen Score of 60, which is 25 points higher than the information technology service industry average of 35. It passed 19 out of 33 due diligence checks and has strong fundamentals. Grid Dynamics Holdings has seen its stock lose -0.83% over the past year, underperforming other information technology service stocks by -8 percentage points.

Grid Dynamics Holdings has an average 1 year price target of $15.50, an upside of 62.47% from Grid Dynamics Holdings's current stock price of $9.54.

Grid Dynamics Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Grid Dynamics Holdings, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Genpact (NYSE:G)


Genpact (NYSE:G) is the third best information technology service stock with a Zen Score of 60, which is 25 points higher than the information technology service industry average of 35. It passed 22 out of 38 due diligence checks and has strong fundamentals. Genpact has seen its stock lose -19.79% over the past year, underperforming other information technology service stocks by -27 percentage points.

Genpact has an average 1 year price target of $38.17, an upside of 22.92% from Genpact's current stock price of $31.05.

Genpact stock has a consensus Hold recommendation according to Wall Street analysts. Of the 6 analysts covering Genpact, 0% have issued a Strong Buy rating, 16.67% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 16.67% have issued a Strong Sell.

What are the information technology service stocks with highest dividends?

Out of 18 information technology service stocks that have issued dividends in the past year, the 3 information technology service stocks with the highest dividend yields are:

1. Clps (NASDAQ:CLPS)


Clps (NASDAQ:CLPS) has an annual dividend yield of 10.53%, which is 8 percentage points higher than the information technology service industry average of 2.66%.

Clps's dividend payout ratio of -100% indicates that its high dividend yield might not be sustainable for the long-term.

2. Ttec Holdings (NASDAQ:TTEC)


Ttec Holdings (NASDAQ:TTEC) has an annual dividend yield of 8.75%, which is 6 percentage points higher than the information technology service industry average of 2.66%. Ttec Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Ttec Holdings's dividend has not shown consistent growth over the last 10 years.

Ttec Holdings's dividend payout ratio of -223.1% indicates that its high dividend yield might not be sustainable for the long-term.

3. Information Services Group (NASDAQ:III)


Information Services Group (NASDAQ:III) has an annual dividend yield of 5.88%, which is 3 percentage points higher than the information technology service industry average of 2.66%. Information Services Group's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Information Services Group's dividend has not shown consistent growth over the last 10 years.

Information Services Group's dividend payout ratio of -1,800% indicates that its high dividend yield might not be sustainable for the long-term.

Why are information technology service stocks down?

Information technology service stocks were down -0.06% in the last day, and down -0.08% over the last week.

We couldn't find a catalyst for why information technology service stocks are down.

What are the most undervalued information technology service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued information technology service stocks right now are:

1. Magic Software Enterprises (NASDAQ:MGIC)


Magic Software Enterprises (NASDAQ:MGIC) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Magic Software Enterprises has a valuation score of 100, which is 72 points higher than the information technology service industry average of 28. It passed 7 out of 7 valuation due diligence checks.

Magic Software Enterprises's stock has dropped -26.02% in the past year. It has underperformed other stocks in the information technology service industry by -33 percentage points.

2. Cognizant Technology Solutions (NASDAQ:CTSH)


Cognizant Technology Solutions (NASDAQ:CTSH) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Cognizant Technology Solutions has a valuation score of 71, which is 43 points higher than the information technology service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Cognizant Technology Solutions's stock has gained 1.81% in the past year. It has underperformed other stocks in the information technology service industry by -5 percentage points.

3. Concentrix (NASDAQ:CNXC)


Concentrix (NASDAQ:CNXC) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Concentrix has a valuation score of 71, which is 43 points higher than the information technology service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Concentrix's stock has dropped -31.48% in the past year. It has underperformed other stocks in the information technology service industry by -38 percentage points.

Are information technology service stocks a good buy now?

31.91% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 17.77% over the next year.

What is the average p/e ratio of the information technology services industry?

The average P/E ratio of the information technology services industry is 27.1x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.