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Best Information Technology Service Stocks to Buy Now (2023)
Top information technology service stocks in 2023 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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
CD
CHINDATA GROUP HOLDINGS LTD
$2.20B$730.16M$352.87M$116.55M$0.3251.06%N/A111.11%N/A
IMXI
INTERNATIONAL MONEY EXPRESS INC
$859.84M$577.50M$99.53M$57.44M$1.5420.49%27.47%20.31%N/A2023-08-01
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$32.36B$19.41B$3.61B$2.31B$4.492.55%5.05%7.42%12.33%2023-07-25
PRFT
PERFICIENT INC
$2.74B$914.36M$180.51M$104.06M$3.0712.36%13.05%54.27%37.26%2023-08-02
EPAM
EPAM SYSTEMS INC
$15.04B$4.86B$662.08M$431.99M$7.5217.23%25.70%-7.84%28.58%2023-08-02
G
GENPACT LTD
$6.91B$4.39B$648.15M$363.33M$1.985.97%9.40%-1.49%6.72%2023-08-02
FORTY
FORMULA SYSTEMS (1985) LTD
$1.04B$2.59BN/A$80.84M$5.284.14%12.77%38.22%35.64%
FISV
FISERV INC
$70.31B$18.15B$6.92B$2.42B$3.819.25%25.88%47.10%2.36%2023-07-24
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
$5.50B$7.70B$649.00M$300.00M$5.424.19%11.58%12.68%5.59%2023-06-05
EXLS
EXLSERVICE HOLDINGS INC
$5.20B$1.48B$289.77M$158.12M$4.7524.65%13.54%33.80%24.16%2023-07-26
CSPI
CSP INC
$58.55M$61.62M$4.58M$3.19M$0.7428.16%-6.88%2,366.67%65.28%
INFY
INFOSYS LTD
$66.47B$16.31B$4.52B$2.96B$0.7020.28%9.83%12.90%8.29%2023-07-14
III
INFORMATION SERVICES GROUP INC
$251.59M$292.19M$34.65M$18.29M$0.382.95%1.45%11.76%N/A
SNX
TD SYNNEX CORP
$8.70B$62.00B$1.54B$686.00M$7.1747.11%28.43%20.50%1.79%2023-06-26
NSIT
INSIGHT ENTERPRISES INC
$4.55B$10.10B$465.91M$273.95M$7.902.13%7.71%18.62%20.73%2023-08-02
TTEC
TTEC HOLDINGS INC
$1.59B$2.49B$276.17M$88.48M$1.877.13%10.44%-29.17%N/A
TASK
TASKUS INC
$1.12B$956.12M$136.50M$38.35M$0.3912.81%N/AN/AN/A
CDW
CDW CORP
$23.48B$22.90B$1.98B$1.09B$8.094.42%8.57%10.07%16.07%2023-08-01
ACN
ACCENTURE PLC
$206.43B$63.14B$11.31B$6.94B$11.0011.38%10.57%9.02%13.62%2023-06-22
FLT
FLEETCOR TECHNOLOGIES INC
$17.34B$3.54B$1.83B$951.21M$12.7517.41%8.86%17.73%7.87%2023-08-01
NCR
NCR CORP
$3.48B$7.87B$1.17B$87.00M$0.635.23%3.72%350.00%-12.38%2023-07-25
HCKT
HACKETT GROUP INC
$536.99M$289.31M$56.41M$38.46M$1.27-0.58%0.93%-15.33%6.66%
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
$18.08B$5.94B$1.03B$554.50M$4.737.74%6.42%-0.21%6.33%
JKHY
JACK HENRY & ASSOCIATES INC
$11.13B$2.03B$651.13M$349.30M$4.806.03%7.16%-1.44%1.39%
WIT
WIPRO LTD
$27.17B$10.94B$2.31B$1.37B$0.256.06%5.63%-13.99%5.37%2023-07-19
TLS
TELOS CORP
$188.74M$201.95M-$42.34M-$49.19M-$0.73-14.73%11.53%N/AN/A
GDS
GDS HOLDINGS LTD
$2.11B$1.37B$593.15M-$204.99M-$1.125.81%36.72%N/AN/A
GDYN
GRID DYNAMICS HOLDINGS INC
$734.74M$319.15M-$14.55M-$34.52M-$0.5031.04%N/AN/AN/A2023-08-02
IT
GARTNER INC
$27.27B$5.62B$1.58B$931.07M$11.7014.91%9.02%22.26%N/A2023-07-31
LDOS
LEIDOS HOLDINGS INC
$11.18B$14.60B$1.40B$672.00M$4.904.92%7.79%-4.67%13.51%
CNXC
CONCENTRIX CORP
$4.67B$6.42B$984.61M$412.65M$7.9211.35%N/A-3.06%N/A2023-06-26
SASI
SIGMA ADDITIVE SOLUTIONS INC
$3.76M$708.74k-$8.11M-$8.29M-$0.79-43.09%2.39%N/AN/A2023-08-03
PAY
PAYMENTUS HOLDINGS INC
$1.29B$528.63M$24.96M-$1.53M-$0.0125.86%N/AN/AN/A2023-08-03
NABL
N-ABLE INC
$2.65B$380.73M$76.23M$15.15M$0.087.51%N/A60.00%N/A
DTST
DATA STORAGE CORP
$13.17M$22.09M-$3.29M-$4.46M-$0.665.41%22.89%N/AN/A
AI
C3AI INC
$3.62B$266.70M-$249.30M-$262.30M-$2.4214.60%N/AN/AN/A
TWKS
THOUGHTWORKS HOLDING INC
$2.60B$1.28B$62.89M-$53.60M-$0.1811.20%N/AN/AN/A
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$120.24B$60.58B$7.26B$1.83B$2.023.81%-5.42%-67.21%-19.91%2023-07-19
GIB
CGI INC
$24.82B$10.20B$1.96B$1.14B$4.830.75%2.67%0.80%10.89%2023-07-26
RAMP
LIVERAMP HOLDINGS INC
$1.68B$596.58M-$92.66M-$118.70M-$1.7912.85%22.07%N/AN/A2023-08-02
FLYW
FLYWIRE CORP
$3.47B$319.18M-$16.66M-$32.88M-$0.2944.61%N/AN/AN/A
CACI
CACI INTERNATIONAL INC
$7.02B$6.64B$750.22M$369.94M$15.868.44%8.41%-8.80%5.82%
TDC
TERADATA CORP
$4.92B$1.78B$217.00M$37.00M$0.36-7.65%-3.95%-70.00%N/A2023-08-02
AFRM
AFFIRM HOLDINGS INC
$4.64B$1.51B-$878.01M-$965.78M-$3.3020.80%N/AN/AN/A
CTG
COMPUTER TASK GROUP INC
$114.46M$313.87M$12.10M$4.68M$0.33-18.39%0.45%-68.27%61.54%2023-08-02
CNDT
CONDUENT INC
$709.94M$3.81B-$23.00M-$324.00M-$1.55-6.52%-8.33%N/AN/A2023-07-31
VNET
VNET GROUP INC
$426.91M$1.04B$189.24M-$112.86M-$0.774.39%14.82%N/AN/A
CRGE
CHARGE ENTERPRISES INC
$217.11M$728.40M-$4.37M-$60.71M-$0.3237.73%N/AN/AN/A
CLPS
CLPS INC
$28.82M$152.86MN/A-$539.61k-$0.056.40%31.26%N/AN/A
ALYA
ALITHYA GROUP INC
$171.11M$380.79M$10.00M-$13.05M-$0.1419.53%N/AN/AN/A2023-06-08
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
$32.81B$14.55B-$12.21B-$16.70B-$27.632.83%11.12%N/AN/A2023-08-02
SABR
SABRE CORP
$1.15B$2.69B-$61.53M-$603.17M-$1.8538.46%-6.00%N/AN/A2023-07-31
MIGI
MAWSON INFRASTRUCTURE GROUP INC
$43.50M$72.63M$12.63M-$52.53M-$3.9429.76%N/AN/AN/A
RSSS
RESEARCH SOLUTIONS INC
$61.95M$36.31M-$199.82k-$242.39k$0.0011.40%5.57%N/AN/A
PRTH
PRIORITY TECHNOLOGY HOLDINGS INC
$283.04M$695.43M$134.31M-$42.10M-$0.5425.34%18.07%N/AN/A
AUR
AURORA INNOVATION INC
$1.70B$26.00M-$1.79B-$1.84B-$1.61-79.03%N/AN/AN/A2023-08-02
UIS
UNISYS CORP
$279.88M$2.05B-$16.80M-$224.10M-$3.302.93%-5.95%N/AN/A2023-08-01
CYXT
CYXTERA TECHNOLOGIES INC
$28.67M$760.40M-$246.00M-$639.60M-$3.566.60%N/AN/AN/A
WYY
WIDEPOINT CORP
$15.90M$96.94M-$16.00M-$24.14M-$2.778.77%4.62%N/AN/A
USIO
USIO INC
$55.33M$72.76M-$1.01M-$3.85M-$0.209.27%32.82%N/AN/A
KD
KYNDRYL HOLDINGS INC
$2.86B$17.03B$618.00M-$1.37B-$6.06-7.04%N/AN/AN/A
DMRC
DIGIMARC CORP
$617.13M$30.63M-$47.87M-$56.06M-$2.8212.48%4.37%N/AN/A2023-08-01
INOD
INNODATA INC
$313.79M$76.65M-$5.79M-$11.24M-$0.422.22%4.99%N/AN/A
GB
GLOBAL BLUE GROUP HOLDING AG
$1.04B$283.73M$53.62M-$54.87M-$0.26154.00%N/AN/AN/A2023-06-26
XRX
XEROX HOLDINGS CORP
$2.32B$7.15B$109.00M-$195.00M-$1.342.26%-6.43%N/AN/A2023-07-24
BTCM
BIT MINING LTD
$31.49M$426.42MN/A-$165.60M-$16.20-73.73%91.51%N/AN/A
DXC
DXC TECHNOLOGY CO
$5.43B$14.43B$864.00M-$568.00M-$2.48-11.28%-7.86%N/AN/A2023-08-01
DNB
DUN & BRADSTREET HOLDINGS INC
$4.68B$2.23B$748.50M-$4.70M-$0.011.45%N/AN/AN/A2023-08-02
ISDR
ISSUER DIRECT CORP
$72.41M$26.85M$3.63M$1.27M$0.3420.97%15.08%-60.47%-11.61%2023-08-02
WAVD
WAVEDANCER INC
$7.70M$11.19M-$16.00M-$17.03M-$0.93-23.43%1.17%N/AN/A
CLVT
CLARIVATE PLC
$5.41B$2.63B-$3.10B-$4.06B-$6.0024.45%N/AN/AN/A
PSFE
PAYSAFE LTD
$610.22M$1.52B-$288.41M-$695.28M-$11.542.64%N/AN/AN/A
BBAI
BIGBEARAI HOLDINGS INC
$288.63M$160.78M-$108.25M-$129.06M-$1.009.82%N/AN/AN/A

Information Technology Service Stocks FAQ

What are the best information technology service stocks to buy right now in Jun 2023?

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

1. Chindata Group Holdings (NASDAQ:CD)


Chindata Group Holdings (NASDAQ:CD) is the top information technology service stock with a Zen Score of 67, which is 33 points higher than the information technology service industry average of 34. It passed 22 out of 33 due diligence checks and has strong fundamentals. Chindata Group Holdings has seen its stock lose -17.96% over the past year, underperforming other information technology service stocks by -9 percentage points.

2. International Money Express (NASDAQ:IMXI)


International Money Express (NASDAQ:IMXI) is the second best information technology service stock with a Zen Score of 61, which is 27 points higher than the information technology service industry average of 34. It passed 20 out of 33 due diligence checks and has strong fundamentals. International Money Express has seen its stock return 13.24% over the past year, overperforming other information technology service stocks by 22 percentage points.

International Money Express has an average 1 year price target of $32.67, an upside of 38.36% from International Money Express's current stock price of $23.61.

International Money Express stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering International Money Express, 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.

3. Cognizant Technology Solutions (NASDAQ:CTSH)


Cognizant Technology Solutions (NASDAQ:CTSH) is the third best information technology service stock with a Zen Score of 59, which is 25 points higher than the information technology service industry average of 34. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cognizant Technology Solutions has seen its stock lose -14.94% over the past year, underperforming other information technology service stocks by -6 percentage points.

Cognizant Technology Solutions has an average 1 year price target of $66.27, an upside of 3.94% from Cognizant Technology Solutions's current stock price of $63.76.

Cognizant Technology Solutions stock has a consensus Hold recommendation according to Wall Street analysts. Of the 11 analysts covering Cognizant Technology Solutions, 18.18% have issued a Strong Buy rating, 9.09% have issued a Buy, 36.36% have issued a hold, while 18.18% have issued a Sell rating, and 18.18% 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. IBM (NYSE:IBM)


IBM (NYSE:IBM) has an annual dividend yield of 4.99%, which is 3 percentage points higher than the information technology service industry average of 2.01%. 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 326.7% indicates that its dividend yield might not be sustainable for the long-term.

2. Clps (NASDAQ:CLPS)


Clps (NASDAQ:CLPS) has an annual dividend yield of 4.1%, which is 2 percentage points higher than the information technology service industry average of 2.01%.

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

3. Fidelity National Information Services (NYSE:FIS)


Fidelity National Information Services (NYSE:FIS) has an annual dividend yield of 3.49%, which is 1 percentage points higher than the information technology service industry average of 2.01%. Fidelity National Information Services's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Fidelity National Information Services's dividend has shown consistent growth over the last 10 years.

Fidelity National Information Services's dividend payout ratio of -7% indicates that its dividend yield might not be sustainable for the long-term.

Why are information technology service stocks up?

Information technology service stocks were up 1.92% in the last day, and up 1.76% over the last week. Sabre was the among the top gainers in the information technology services industry, gaining 8.1% yesterday.

Shares of hotels, restaurants and leisure companies are trading higher amid overall market strength on renewed economic optimism following US Senate passage of a debt limit bill and strong US jobs data.

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. Csp (NASDAQ:CSPI)


Csp (NASDAQ:CSPI) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Csp has a valuation score of 100, which is 67 points higher than the information technology service industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Csp's stock has gained 36.59% in the past year. It has overperformed other stocks in the information technology service industry by 46 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 67 points higher than the information technology service industry average of 33. It passed 7 out of 7 valuation due diligence checks.

Formula Systems's stock has dropped -27.86% in the past year. It has underperformed other stocks in the information technology service industry by -19 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 86, which is 53 points higher than the information technology service industry average of 33. It passed 6 out of 7 valuation due diligence checks.

Concentrix's stock has dropped -44.12% in the past year. It has underperformed other stocks in the information technology service industry by -35 percentage points.

Are information technology service stocks a good buy now?

49.06% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 14.86% 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 21.13x.
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.