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Sectors & IndustriesTechnologyInformation Technology Services
Best Information Technology Service Stocks to Buy Now (2022)
Top information technology service stocks in 2022 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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Consensus
Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
PRFT
PERFICIENT INC
$2.42B$69.98$106.0051.47%Strong Buy510.45%39.68%48.22%19.08%
IMXI
INTERNATIONAL MONEY EXPRESS INC
$914.69M$24.15$21.17-12.35%Hold39.42%19.85%43.98%19.64%
CD
CHINDATA GROUP HOLDINGS LTD
$3.08B$8.40$8.30-1.19%Buy128.86%45.11%31.27%15.79%
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$31.39B$60.63$80.2332.33%Hold135.31%7.78%23.83%16.50%
HCKT
HACKETT GROUP INC
$601.34M$18.98$28.0047.52%Strong Buy20.62%-17.69%26.87%19.34%
EPAM
EPAM SYSTEMS INC
$21.29B$371.17$475.0027.97%Strong Buy1118.45%26.65%38.39%28.25%
JKHY
HENRY JACK & ASSOCIATES INC
$13.71B$188.06$187.86-0.11%Hold87.01%6.02%30.23%17.01%
CLPS
CLPS INC
$27.29M$1.35N/AN/AN/AN/AN/AN/AN/AN/A
III
INFORMATION SERVICES GROUP INC
$239.24M$5.01$9.0079.64%Buy14.57%7.72%N/AN/A
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$113.57B$125.74$151.2920.32%Buy810.02%26.67%48.02%7.31%
ACN
ACCENTURE PLC
$182.35B$274.34$340.5424.13%Buy139.23%11.56%40.49%18.79%
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
$5.12B$92.86$104.7512.80%Buy51.44%21.30%27.85%8.09%
INFY
INFOSYS LTD
$74.21B$17.64$23.9035.49%Hold610.44%9.26%38.93%24.88%
CNXC
CONCENTRIX CORP
$6.38B$122.56$174.0041.97%Buy17.07%29.41%23.46%9.66%
FORTY
FORMULA SYSTEMS (1985) LTD
$1.27B$83.00N/AN/AN/AN/AN/AN/AN/AN/A
NSIT
INSIGHT ENTERPRISES INC
$3.03B$86.21$104.0020.64%Buy23.29%9.54%19.36%5.57%
TTEC
TTEC HOLDINGS INC
$2.21B$46.86$61.5031.24%Sell24.19%31.39%35.82%8.85%
EXLS
EXLSERVICE HOLDINGS INC
$5.36B$162.15$159.67-1.53%Hold310.82%18.19%29.70%15.78%
GIB
CGI INC
$19.42B$79.07N/AN/AStrong Sell1N/AN/A23.52%11.03%
PAY
PAYMENTUS HOLDINGS INC
$1.34B$10.89$15.8045.09%Buy518.94%58.52%3.79%2.91%
FLT
FLEETCOR TECHNOLOGIES INC
$14.03B$187.05$275.9047.50%Buy107.78%19.70%55.35%10.11%
FISV
FISERV INC
$64.31B$100.55$123.9423.26%Buy192.56%54.27%17.25%6.95%
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
$17.66B$150.57$189.0025.52%Buy15.74%21.37%50.61%11.89%
SNX
TD SYNNEX CORP
$8.28B$86.70$121.5640.20%Strong Buy92.74%51.77%N/AN/A
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
$48.40B$79.60$121.3552.45%Buy204.52%140.20%12.04%7.03%
G
GENPACT LTD
$8.46B$46.13$52.0012.72%Buy56.20%20.73%31.24%12.04%
SWCH
SWITCH INC
$8.34B$34.07$32.58-4.36%Hold98.62%-51.13%N/AN/A
CNDT
CONDUENT INC
$766.07M$3.55N/AN/AHold1-1.29%0.32%9.69%3.04%
DXC
DXC TECHNOLOGY CO
$6.28B$27.31$34.8827.70%Hold8-2.50%33.06%24.52%6.21%
ALYA
ALITHYA GROUP INC
$184.52M$1.99$3.3769.10%Strong Buy29.56%N/A6.67%2.76%
FLYW
FLYWIRE CORP
$2.69B$24.84$32.4330.55%Strong Buy721.07%N/A3.28%2.50%
TASK
TASKUS INC
$1.86B$18.90$31.3365.78%Buy98.29%19.18%24.86%12.23%
DTST
DATA STORAGE CORP
$14.74M$2.16$8.00270.37%Strong Buy1N/AN/AN/AN/A
CACI
CACI INTERNATIONAL INC
$6.33B$270.38$322.8319.40%Buy75.25%13.39%15.42%7.10%
NCR
NCR CORP
$2.81B$20.50$33.0060.98%Buy33.71%157.28%37.17%4.33%
AI
C3AI INC
$1.46B$13.49$26.3995.62%Hold1120.47%N/A-13.41%-11.54%
CTG
COMPUTER TASK GROUP INC
$108.94M$7.02N/AN/AN/AN/A-11.79%-43.81%12.21%6.69%
VNET
VNET GROUP INC
$826.14M$5.57$11.60108.26%Hold315.41%N/A35.83%9.91%
CDW
CDW CORP
$22.52B$166.55$209.5025.79%Strong Buy76.19%16.11%134.36%10.89%
IT
GARTNER INC
$23.71B$299.78$313.004.41%Buy58.24%3.92%-592.37%12.84%
TLS
TELOS CORP
$625.24M$9.25$11.6325.68%Buy429.71%N/AN/AN/A
GDYN
GRID DYNAMICS HOLDINGS INC
$1.30B$19.32$24.5026.81%Strong Buy318.02%N/A18.49%15.48%
BBAI
BIGBEARAI HOLDINGS INC
$227.28M$1.80$13.00622.22%Buy23.72%N/A-719.77%-18.40%
RAMP
LIVERAMP HOLDINGS INC
$1.26B$18.81$54.33188.85%Strong Buy79.81%N/A-4.07%-3.32%
GDS
GDS HOLDINGS LTD
$3.45B$18.47$54.84196.93%Buy716.35%N/A-11.18%-3.56%
USIO
USIO INC
$42.06M$1.67$4.50169.46%Buy21.73%N/A8.07%1.53%
MIGI
MAWSON INFRASTRUCTURE GROUP INC
$35.02M$0.43$12.002,684.22%Strong Buy2N/AN/AN/AN/A
SASI
SIGMA ADDITIVE SOLUTIONS INC
$9.55M$0.91$3.00229.67%Buy1112.25%N/AN/AN/A
TDC
TERADATA CORP
$3.28B$31.90$50.3357.78%Hold61.56%30.28%89.37%10.47%
LDOS
LEIDOS HOLDINGS INC
$12.63B$92.48$107.7516.51%Buy43.12%16.57%26.77%8.32%
CSPI
CSP INC
$33.26M$7.30N/AN/AN/AN/AN/AN/AN/AN/A
WIT
WIPRO LTD
$26.97B$4.93$7.7056.19%Hold58.72%N/A21.00%13.08%
XRX
XEROX HOLDINGS CORP
$2.32B$14.89$14.25-4.30%Strong Sell40.94%N/A8.68%2.74%
AUR
AURORA INNOVATION INC
$2.88B$2.50$10.50320.00%Buy2N/AN/AN/AN/A
ISDR
ISSUER DIRECT CORP
$72.08M$19.96N/AN/AN/AN/AN/AN/AN/AN/A
NABL
N-ABLE INC
$1.78B$9.85$12.6728.60%Strong Buy38.20%81.27%N/AN/A
TWKS
THOUGHTWORKS HOLDING INC
$3.34B$10.73$23.59119.86%Buy1114.82%N/AN/AN/A
AFRM
AFFIRM HOLDINGS INC
$6.05B$20.92$40.0691.49%Buy1730.90%N/A-24.29%-9.12%
SABR
SABRE CORP
$1.92B$5.85$9.0053.85%Buy420.18%N/A-56.93%6.78%
WAVD
WAVEDANCER INC
$19.32M$1.01N/AN/AN/AN/AN/AN/AN/AN/A
DMRC
DIGIMARC CORP
$282.39M$14.14N/AN/AHold1N/AN/AN/AN/A
CLVT
CLARIVATE PLC
$6.73B$9.99$15.7557.66%Strong Buy48.82%N/A6.53%3.83%
RSSS
RESEARCH SOLUTIONS INC
$56.58M$2.07$4.68125.85%Strong Buy2N/AN/AN/AN/A
CRGE
CHARGE ENTERPRISES INC
$391.70M$1.90$8.00321.05%Strong Buy1N/AN/AN/AN/A
WYY
WIDEPOINT CORP
$20.44M$2.34N/AN/AN/AN/AN/AN/AN/AN/A
PRTH
PRIORITY TECHNOLOGY HOLDINGS INC
$316.86M$4.13$14.00238.98%Strong Buy111.04%N/A-22.97%1.35%
INOD
INNODATA INC
$92.83M$3.40N/AN/AN/AN/AN/AN/AN/AN/A
UIS
UNISYS CORP
$599.91M$8.85$25.00182.49%Strong Buy1N/AN/AN/AN/A
PSFE
PAYSAFE LTD
$1.17B$1.61$4.20160.87%Hold7N/AN/A3.60%0.45%
AVCT
AMERICAN VIRTUAL CLOUD TECHNOLOGIES INC
$24.23M$2.59N/AN/AStrong Buy1N/AN/AN/AN/A
GB
GLOBAL BLUE GROUP HOLDING AG
$807.48M$4.46N/AN/AN/AN/AN/AN/AN/AN/A
DNB
DUN & BRADSTREET HOLDINGS INC
$5.67B$13.06$20.1354.10%Buy83.80%N/A16.59%6.13%
CYXT
CYXTERA TECHNOLOGIES INC
$667.84M$3.74$14.33283.24%Buy63.06%N/A-18.42%-3.62%
KD
KYNDRYL HOLDINGS INC
$2.06B$9.08$17.0087.22%Hold2-4.60%N/A0.11%0.02%

Information Technology Service Stocks FAQ

What are the best information technology service stocks to buy right now in Oct 2022?

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

1. Perficient (NASDAQ:PRFT)


Perficient (NASDAQ:PRFT) is the top information technology service stock with a Zen Score of 70, which is 34 points higher than the information technology service industry average of 36. It passed 24 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -41.71% over the past year, underperforming other information technology service stocks by -19 percentage points.

Perficient has an average 1 year price target of $106.00, an upside of 51.47% from Perficient's current stock price of $69.98.

Perficient stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Perficient, 60% have issued a Strong Buy rating, 40% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. International Money Express (NASDAQ:IMXI)


International Money Express (NASDAQ:IMXI) is the second best information technology service stock with a Zen Score of 69, which is 33 points higher than the information technology service industry average of 36. It passed 23 out of 33 due diligence checks and has strong fundamentals. International Money Express has seen its stock return 45.22% over the past year, overperforming other information technology service stocks by 68 percentage points.

International Money Express has an average 1 year price target of $21.17, a downside of -12.35% from International Money Express's current stock price of $24.15.

International Money Express stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering International Money Express, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Chindata Group Holdings (NASDAQ:CD)


Chindata Group Holdings (NASDAQ:CD) is the third best information technology service stock with a Zen Score of 62, which is 26 points higher than the information technology service industry average of 36. It passed 20 out of 33 due diligence checks and has strong fundamentals. Chindata Group Holdings has seen its stock lose -3.89% over the past year, overperforming other information technology service stocks by 19 percentage points.

Chindata Group Holdings has an average 1 year price target of $8.30, a downside of -1.19% from Chindata Group Holdings's current stock price of $8.40.

Chindata Group Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Chindata Group Holdings, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the information technology service stocks with highest dividends?

Out of 22 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. Xerox Holdings (NASDAQ:XRX)


Xerox Holdings (NASDAQ:XRX) has an annual dividend yield of 6.72%, which is 5 percentage points higher than the information technology service industry average of 1.87%. Xerox Holdings's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Xerox Holdings's dividend has shown consistent growth over the last 10 years.

Xerox Holdings's dividend payout ratio of -27.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. IBM (NYSE:IBM)


IBM (NYSE:IBM) has an annual dividend yield of 5.23%, which is 3 percentage points higher than the information technology service industry average of 1.87%. IBM's dividend payout is stable, having never dropped by more than 10% in the last 10 years. IBM's dividend has shown consistent growth over the last 10 years.

IBM's dividend payout ratio of 105.6% 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 2.79%, which is 1 percentage points higher than the information technology service industry average of 1.87%. 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 36.1% indicates that its dividend yield is sustainable for the long-term.

Why are information technology service stocks down?

Information technology service stocks were down -0.63% in the last day, and up 3.02% over the last week. Cyxtera Technologies was the among the top losers in the information technology services industry, dropping -6.5% yesterday.

Shares of several companies in the broader technology sector are trading lower amid overall market weakness as stocks pull back due a rise in yields as well as possible profit taking.

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. Clps (NASDAQ:CLPS)


Clps (NASDAQ:CLPS) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Clps has a valuation score of 100, which is 64 points higher than the information technology service industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Clps's stock has dropped -50% in the past year. It has underperformed other stocks in the information technology service industry by -27 percentage points.

2. Formula Systems (NASDAQ:FORTY)


Formula Systems (NASDAQ:FORTY) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Formula Systems has a valuation score of 100, which is 64 points higher than the information technology service industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Formula Systems's stock has dropped -15.18% in the past year. It has overperformed other stocks in the information technology service industry by 8 percentage points.

3. Conduent (NASDAQ:CNDT)


Conduent (NASDAQ:CNDT) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Conduent has a valuation score of 86, which is 50 points higher than the information technology service industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Conduent's stock has dropped -48.77% in the past year. It has underperformed other stocks in the information technology service industry by -26 percentage points.

Are information technology service stocks a good buy now?

44.62% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 29.07% 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 21.59x.
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.