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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
G
GENPACT LTD
$6.31B$34.81$39.4013.19%Hold55.60%23.94%N/AN/A
PRFT
PERFICIENT INC
$2.25B$64.27$71.5011.25%Buy48.23%58.49%N/AN/A
EXLS
EXLSERVICE HOLDINGS INC
$4.92B$29.86$34.3314.98%Buy312.12%15.66%N/AN/A
FI
FISERV INC
$87.35B$147.95$157.576.50%Strong Buy145.23%53.06%N/AN/A
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$39.07B$78.48$77.17-1.67%Hold123.29%27.00%N/AN/A
EPAM
EPAM SYSTEMS INC
$17.67B$305.51$328.777.61%Buy138.45%56.02%N/AN/A
CDW
CDW CORP
$32.87B$244.91$245.250.14%Buy44.90%29.63%N/AN/A
MGIC
MAGIC SOFTWARE ENTERPRISES LTD
$539.07M$10.98N/AN/AN/AN/A-14.88%N/AN/AN/A
IBEX
IBEX LTD
$276.41M$15.73$19.5023.97%Buy62.41%-32.83%N/AN/A
ASGN
ASGN INC
$4.55B$97.89$93.40-4.59%Buy52.82%65.80%N/AN/A
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
$23.73B$201.45$215.757.10%Buy44.85%14.85%N/AN/A
WNS
WNS (HOLDINGS) LTD
$2.76B$57.78$77.5034.13%Strong Buy45.67%-7.17%N/AN/A
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$169.87B$185.30$174.13-6.03%Hold83.93%13.17%44.71%7.45%
TASK
TASKUS INC
$1.11B$12.39$13.004.92%Buy4-1.55%134.04%N/AN/A
PSN
PARSONS CORP
$8.59B$81.17$77.57-4.43%Strong Buy77.15%28.59%N/AN/A
III
INFORMATION SERVICES GROUP INC
$204.78M$4.19$6.0043.20%Buy15.63%N/AN/AN/A
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
$7.29B$140.01$132.00-5.72%Hold4-0.78%-14.08%N/AN/A
GLOB
GLOBANT SA
$9.73B$226.30$258.8014.36%Buy1018.38%45.73%N/AN/A
TTEC
TTEC HOLDINGS INC
$821.86M$17.33N/AN/AN/AN/A-0.98%372.09%N/AN/A
ACN
ACCENTURE PLC
$252.08B$378.03$372.25-1.53%Buy124.75%17.75%N/AN/A
INFY
INFOSYS LTD
$82.76B$19.95$19.93-0.09%Hold34.09%13.83%N/AN/A
HCKT
HACKETT GROUP INC
$680.67M$24.99$28.0012.04%Buy14.06%N/AN/AN/A
JKHY
JACK HENRY & ASSOCIATES INC
$12.63B$173.33$172.44-0.51%Buy94.83%5.79%N/AN/A
GDYN
GRID DYNAMICS HOLDINGS INC
$1.06B$13.96$15.5011.03%Strong Buy44.46%N/AN/AN/A
CTLP
CANTALOUPE INC
$465.90M$6.40$10.0056.25%Strong Buy29.17%N/AN/AN/A
IT
GARTNER INC
$36.31B$465.69$450.00-3.37%Hold18.41%-4.30%N/AN/A
ARBB
ARB IOT GROUP LTD
$40.45M$1.53N/AN/AN/AN/AN/AN/AN/AN/A
DTST
DATA STORAGE CORP
$29.77M$4.34N/AN/AN/AN/AN/AN/AN/AN/A
CACI
CACI INTERNATIONAL INC
$8.29B$372.08$368.50-0.96%Strong Buy43.25%17.53%N/AN/A
GDS
GDS HOLDINGS LTD
$1.31B$6.88$17.75157.99%Strong Buy113.85%N/AN/AN/A
CSPI
CSP INC
$221.67M$45.64N/AN/AN/AN/AN/AN/AN/AN/A
LDOS
LEIDOS HOLDINGS INC
$17.18B$126.56$130.332.98%Strong Buy63.81%213.49%N/AN/A
WIT
WIPRO LTD
$33.77B$6.16$6.00-2.60%Sell12.12%13.10%N/AN/A
NABL
N-ABLE INC
$2.37B$12.95$15.5019.69%Buy413.22%N/AN/AN/A
CLPS
CLPS INC
$26.64M$1.04N/AN/AN/AN/AN/AN/AN/AN/A
CNDT
CONDUENT INC
$703.42M$3.35N/AN/AN/AN/AN/AN/A18.36%3.65%
VNET
VNET GROUP INC
$233.10M$1.57N/AN/AN/AN/A13.65%N/AN/AN/A
CNXC
CONCENTRIX CORP
$4.77B$71.88$121.0068.34%Buy1N/AN/AN/AN/A
TWKS
THOUGHTWORKS HOLDING INC
$1.03B$3.19$4.8552.04%Hold4-0.20%N/AN/AN/A
FORTY
FORMULA SYSTEMS (1985) LTD
$1.18B$76.99N/AN/AN/AN/AN/AN/AN/AN/A
BBAI
BIGBEARAI HOLDINGS INC
$492.40M$3.14$3.00-4.46%Buy312.60%N/AN/AN/A
NOTE
FISCALNOTE HOLDINGS INC
$202.90M$1.57$7.00345.86%Strong Buy111.53%N/AN/AN/A
NYAX
NAYAX LTD
$934.81M$28.05N/AN/AN/AN/A33.41%N/AN/AN/A
XRX
XEROX HOLDINGS CORP
$2.33B$18.76$15.00-20.04%Strong Sell2-3.48%N/AN/AN/A
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
$38.55B$66.87$68.502.44%Buy103.12%N/AN/AN/A
WYY
WIDEPOINT CORP
$24.67M$2.79N/AN/AN/AN/AN/AN/AN/AN/A
KD
KYNDRYL HOLDINGS INC
$5.08B$22.06$26.0017.86%Strong Buy2-2.47%N/AN/AN/A
BTCM
BIT MINING LTD
$44.23M$3.98N/AN/AN/AN/AN/AN/AN/AN/A
AUR
AURORA INNOVATION INC
$4.01B$2.61$3.0014.94%Sell3N/AN/AN/AN/A
DMRC
DIGIMARC CORP
$813.70M$39.97N/AN/AN/AN/AN/AN/AN/AN/A
VYX
NCR VOYIX CORP
$2.02B$14.31$21.3349.08%Strong Buy33.37%N/AN/AN/A
CLVT
CLARIVATE PLC
$4.71B$7.07$8.0013.15%Sell62.03%N/A11.90%5.61%
WAVD
WAVEDANCER INC
$3.91M$1.94N/AN/AN/AN/AN/AN/AN/AN/A
GIB
CGI INC
$26.71B$114.80N/AN/AN/AN/AN/AN/AN/AN/A
INOD
INNODATA INC
$212.74M$7.41N/AN/AN/AN/AN/AN/AN/AN/A
SLNH
SOLUNA HOLDINGS INC
$5.52M$3.43N/AN/AN/AN/AN/AN/AN/AN/A
DXC
DXC TECHNOLOGY CO
$3.94B$21.57$23.257.79%Sell4-2.72%N/AN/AN/A
UIS
UNISYS CORP
$361.21M$5.28N/AN/AN/AN/A-0.44%N/AN/AN/A
SASI
SIGMA ADDITIVE SOLUTIONS INC
$2.30M$2.95$3.001.69%Hold1N/AN/AN/AN/A
CTM
CASTELLUM INC
$13.82M$0.29$1.15296.55%Strong Buy1N/AN/AN/AN/A
NATL
NCR ATLEOS CORP
$1.48B$21.19$30.0041.58%Buy1N/AN/AN/AN/A
JFU
9F INC
$35.32M$3.00N/AN/AN/AN/AN/AN/AN/AN/A
ROMA
ROMA GREEN FINANCE LTD
N/A$1.21N/AN/AN/AN/AN/AN/AN/AN/A
CAUD
COLLECTIVE AUDIENCE INC
$12.33M$0.94N/AN/AN/AN/AN/AN/AN/AN/A

Information Technology Service Stocks FAQ

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

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

1. Genpact (NYSE:G)


Genpact (NYSE:G) is the top information technology service stock with a Zen Score of 65, which is 34 points higher than the information technology service industry average of 31. It passed 24 out of 38 due diligence checks and has strong fundamentals. Genpact has seen its stock lose -27.07% over the past year, underperforming other information technology service stocks by -44 percentage points.

Genpact has an average 1 year price target of $39.40, an upside of 13.19% from Genpact's current stock price of $34.81.

Genpact stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Genpact, 0% have issued a Strong Buy rating, 20% have issued a Buy, 60% have issued a hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Perficient (NASDAQ:PRFT)


Perficient (NASDAQ:PRFT) is the second best information technology service stock with a Zen Score of 64, which is 33 points higher than the information technology service industry average of 31. It passed 21 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -9.22% over the past year, underperforming other information technology service stocks by -27 percentage points.

Perficient has an average 1 year price target of $71.50, an upside of 11.25% from Perficient's current stock price of $64.27.

Perficient stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Perficient, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Exlservice Holdings (NASDAQ:EXLS)


Exlservice Holdings (NASDAQ:EXLS) is the third best information technology service stock with a Zen Score of 62, which is 31 points higher than the information technology service industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Exlservice Holdings has seen its stock lose -9.25% over the past year, underperforming other information technology service stocks by -27 percentage points.

Exlservice Holdings has an average 1 year price target of $34.33, an upside of 14.98% from Exlservice Holdings's current stock price of $29.86.

Exlservice Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Exlservice Holdings, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% 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 19 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 9.61%, which is 7 percentage points higher than the information technology service industry average of 2.42%.

Clps's dividend payout ratio of 500% 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 6%, which is 4 percentage points higher than the information technology service industry average of 2.42%. Ttec Holdings's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Ttec Holdings's dividend has shown consistent growth over the last 10 years.

Ttec Holdings's dividend payout ratio of 120.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Magic Software Enterprises (NASDAQ:MGIC)


Magic Software Enterprises (NASDAQ:MGIC) has an annual dividend yield of 5.71%, which is 3 percentage points higher than the information technology service industry average of 2.42%. Magic Software Enterprises's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Magic Software Enterprises's dividend has shown consistent growth over the last 10 years.

Magic Software Enterprises's dividend payout ratio of 77.4% indicates that its high dividend yield is sustainable for the long-term.

Why are information technology service stocks down?

Information technology service stocks were down -0.45% in the last day, and up 2.57% 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. Information Services Group (NASDAQ:III)


Information Services Group (NASDAQ:III) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Information Services Group has a valuation score of 86, which is 57 points higher than the information technology service industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Information Services Group's stock has dropped -20.49% in the past year. It has underperformed other stocks in the information technology service industry by -38 percentage points.

2. Perficient (NASDAQ:PRFT)


Perficient (NASDAQ:PRFT) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Perficient has a valuation score of 86, which is 57 points higher than the information technology service industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Perficient's stock has dropped -9.22% in the past year. It has underperformed other stocks in the information technology service industry by -27 percentage points.

3. Ttec Holdings (NASDAQ:TTEC)


Ttec Holdings (NASDAQ:TTEC) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Ttec Holdings has a valuation score of 86, which is 57 points higher than the information technology service industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Ttec Holdings's stock has dropped -56.95% in the past year. It has underperformed other stocks in the information technology service industry by -74 percentage points.

Are information technology service stocks a good buy now?

41.86% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 4.5% 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 26.98x.
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.