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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
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
$2.87B$548.42M$266.43M$90.38M$0.2534.64%N/A204.94%N/A
PRFT
PERFICIENT INC
$2.50B$887.19M$140.99M$82.46M$2.4325.16%13.48%38.07%38.32%
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$30.48B$19.37B$3.63B$2.35B$4.508.11%6.04%26.40%6.79%2023-01-31
HCKT
HACKETT GROUP INC
$737.73M$293.86M$57.29M$47.61M$1.539.71%1.13%77.91%13.01%
IMXI
INTERNATIONAL MONEY EXPRESS INC
$780.53M$519.54M$90.83M$57.40M$1.5020.45%55.91%33.93%N/A
EPAM
EPAM SYSTEMS INC
$19.90B$4.70B$611.16M$406.66M$7.1439.32%28.06%-5.31%23.55%
NSIT
INSIGHT ENTERPRISES INC
$3.48B$10.49B$449.47M$265.26M$7.5814.55%10.44%26.12%22.48%2023-02-08
FORTY
FORMULA SYSTEMS (1985) LTD
$1.14B$2.60BN/A$81.59M$5.3513.36%15.00%61.14%47.36%
FISV
FISERV INC
$64.43B$17.36B$6.41B$2.08B$3.219.89%25.35%64.62%8.40%2023-02-06
INFY
INFOSYS LTD
$82.37B$16.31B$4.52B$2.96B$0.7020.28%9.83%12.90%8.29%2023-01-13
III
INFORMATION SERVICES GROUP INC
$243.84M$281.67M$35.06M$19.02M$0.392.55%1.83%44.44%N/A
ACN
ACCENTURE PLC
$194.36B$61.59B$11.22B$6.88B$10.8721.89%11.23%16.76%14.35%2022-12-16
JKHY
HENRY JACK & ASSOCIATES INC
$13.49B$1.98B$660.98M$367.35M$5.0310.56%7.15%16.98%10.67%2023-02-06
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
$41.41B$14.49B$5.45B$937.00M$1.557.14%11.15%307.89%0.79%
EXLS
EXLSERVICE HOLDINGS INC
$5.93B$1.33B$267.77M$139.42M$4.1823.90%12.44%18.75%13.91%
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
$17.04B$5.80B$953.80M$522.30M$4.4612.19%6.81%-5.91%8.92%2023-01-30
TTEC
TTEC HOLDINGS INC
$2.20B$2.40B$274.19M$109.64M$2.337.44%11.43%-30.45%17.28%
PAY
PAYMENTUS HOLDINGS INC
$1.16B$472.96M$20.65M$3.20M$0.0227.89%N/A-50.00%N/A
DXC
DXC TECHNOLOGY CO
$6.15B$15.37B$2.94B$757.00M$3.08-8.73%1.18%101.31%37.79%2023-01-31
WIT
WIPRO LTD
$26.97B$10.34B$2.19B$1.37B$0.2510.53%4.53%-14.53%4.30%2023-01-20
GIB
CGI INC
$21.13B$9.39B$1.85B$1.07B$4.472.09%2.36%7.23%10.78%2023-01-31
NCR
NCR CORP
$3.23B$7.87B$1.18B$124.00M$0.9216.53%3.78%N/A-12.85%2023-02-06
CLPS
CLPS INC
$25.25M$152.02M$8.41M$4.46M$0.2120.59%37.12%-46.15%3.13%
G
GENPACT LTD
$8.24B$4.34B$637.38M$336.78M$1.8211.29%10.09%-8.08%5.69%2023-02-09
IT
GARTNER INC
$27.37B$5.28B$1.29B$760.34M$9.3716.23%11.96%15.11%N/A2023-02-06
CDW
CDW CORP
$25.31B$23.85B$1.88B$1.04B$7.7217.82%10.83%6.93%22.93%2023-02-07
CSPI
CSP INC
$42.86M$54.36M$3.13M$1.79M$0.4210.47%-9.29%162.50%-8.08%2023-02-07
CNXC
CONCENTRIX CORP
$6.29B$6.15B$942.25M$454.21M$8.6913.45%N/A30.48%N/A2023-01-16
TLS
TELOS CORP
$290.35M$233.59M-$32.17M-$38.85M-$0.574.62%18.85%N/AN/A
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
$6.17B$7.52B$617.00M$269.00M$4.822.58%11.59%-5.86%5.78%
FLT
FLEETCOR TECHNOLOGIES INC
$13.60B$3.35B$1.70B$954.01M$12.3726.31%9.20%24.45%15.45%2023-02-06
ALYA
ALITHYA GROUP INC
$150.89M$354.29M$6.68M-$11.20M-$0.1230.89%N/AN/AN/A2023-02-08
DTST
DATA STORAGE CORP
$12.14M$22.82M-$152.92k-$1.24M-$0.2083.18%23.76%N/AN/A
CTG
COMPUTER TASK GROUP INC
$114.70M$359.57M$17.12M$14.10M$1.01-5.69%3.41%102.00%44.56%
TASK
TASKUS INC
$1.76B$945.03M$121.10M$43.78M$0.4640.47%N/AN/AN/A
CACI
CACI INTERNATIONAL INC
$7.16B$6.32B$709.04M$367.81M$15.723.99%7.66%-15.03%17.83%2023-01-24
GDYN
GRID DYNAMICS HOLDINGS INC
$865.05M$296.44M-$9.63M-$26.12M-$0.4069.52%N/AN/AN/A
AUR
AURORA INNOVATION INC
$1.46B$92.57M-$1.64B-$1.68B-$0.3966.49%N/AN/AN/A
CNDT
CONDUENT INC
$824.82M$3.92B$515.00M$111.00M$0.47-5.47%-8.29%N/AN/A
VNET
VNET GROUP INC
$703.03M$963.84M$164.80M-$102.78M-$0.707.17%12.64%N/AN/A
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$133.61B$47.10B$6.20B$1.26B$1.4210.60%-9.68%-73.36%-34.75%2023-01-23
AI
C3AI INC
$1.42B$269.81M-$228.43M-$238.59M-$2.2327.23%N/AN/AN/A
FLYW
FLYWIRE CORP
$2.33B$267.72M-$32.59M-$49.50M-$0.4746.30%N/AN/AN/A
RAMP
LIVERAMP HOLDINGS INC
$1.48B$571.67M-$70.55M-$102.42M-$1.5117.81%128.29%N/AN/A2023-02-07
MIGI
MAWSON INFRASTRUCTURE GROUP INC
$25.94M$87.19M$28.20M-$32.02M$1.49242.06%N/A-79.28%-3.71%
GDS
GDS HOLDINGS LTD
$3.83B$1.27B$495.61M-$231.73M-$1.2712.35%42.67%N/AN/A
SASI
SIGMA ADDITIVE SOLUTIONS INC
$6.19M$825.99k-$9.03M-$9.20M-$0.88-43.89%0.46%N/AN/A
NABL
N-ABLE INC
$2.03B$365.52M$68.21M$11.78M$0.068.52%N/AN/AN/A
TDC
TERADATA CORP
$3.45B$1.82B$267.00M$73.00M$0.68-5.95%-3.35%-38.18%6.34%2023-02-06
CRGE
CHARGE ENTERPRISES INC
$386.43M$649.19M-$31.09M-$78.21M-$0.4346.73%N/AN/AN/A
ISDR
ISSUER DIRECT CORP
$100.58M$22.09M$4.20M$2.66M$0.715.66%12.97%-10.13%4.86%
SNX
TD SYNNEX CORP
$9.40B$61.71B$1.35B$549.52M$5.44178.94%31.62%-42.68%-5.97%2023-01-09
XRX
XEROX HOLDINGS CORP
$2.48B$6.94B-$898.00M-$1.12B-$6.59-3.45%-7.50%N/AN/A2023-01-23
AVCT
AMERICAN VIRTUAL CLOUD TECHNOLOGIES INC
$811.35k-$49.64M-$85.85M-$116.61M-$23.42N/AN/AN/AN/A
SABR
SABRE CORP
$1.99B$2.41B-$4.73M-$483.44M-$1.4860.22%-7.46%N/AN/A
AFRM
AFFIRM HOLDINGS INC
$3.37B$1.44B-$606.77M-$652.07M-$2.2749.25%N/AN/AN/A2023-02-08
USIO
USIO INC
$57.74M$68.15M-$2.19M-$5.29M-$0.2726.44%41.91%N/AN/A
RSSS
RESEARCH SOLUTIONS INC
$62.99M$33.88M-$1.02M-$1.05M-$0.036.70%5.18%N/AN/A2023-02-08
LDOS
LEIDOS HOLDINGS INC
$14.91B$14.19B$1.41B$682.00M$4.925.13%6.77%-10.05%21.22%
WAVD
WAVEDANCER INC
$11.58M$12.20M-$10.28M-$9.65M-$0.57-21.54%4.75%N/AN/A
TWKS
THOUGHTWORKS HOLDING INC
$2.97B$1.27B-$74.69M-$156.41M-$0.5328.59%N/AN/AN/A
INOD
INNODATA INC
$83.50M$78.92M-$6.10M-$11.14M-$0.4120.00%5.30%N/AN/A
CYXT
CYXTERA TECHNOLOGIES INC
$330.50M$731.50M$177.50M-$210.50M-$1.174.77%N/AN/AN/A
PRTH
PRIORITY TECHNOLOGY HOLDINGS INC
$427.13M$630.13M$129.19M-$18.69M-$0.2132.12%6.73%N/AN/A
DMRC
DIGIMARC CORP
$444.60M$30.10M-$48.95M-$55.59M-$3.0420.67%3.35%N/AN/A
UIS
UNISYS CORP
$304.37M$1.96B-$54.10M-$245.70M-$3.65-6.20%-6.31%N/AN/A
WYY
WIDEPOINT CORP
$17.54M$95.22M-$15.82M-$15.27M-$1.744.32%5.11%N/AN/A
KD
KYNDRYL HOLDINGS INC
$2.43B$17.45B$149.00M-$1.50BN/A-8.28%N/AN/AN/A
PSFE
PAYSAFE LTD
$1.02B$1.48B-$1.43B-$1.74BN/A-0.09%N/AN/AN/A
CLVT
CLARIVATE PLC
$6.10B$2.55B-$3.37B-$4.47B-$6.6043.65%N/AN/AN/A
GB
GLOBAL BLUE GROUP HOLDING AG
$835.09M$227.41M$24.39M-$80.29M-$0.38152.93%N/AN/AN/A
DNB
DUN & BRADSTREET HOLDINGS INC
$5.75B$2.23B$740.80M-$36.70M-$0.088.83%N/AN/AN/A
BBAI
BIGBEARAI HOLDINGS INC
$117.44MN/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 Dec 2022?

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 return 2.62% over the past year, overperforming other information technology service stocks by 25 percentage points.

Chindata Group Holdings has an average 1 year price target of $8.30, an upside of 5.87% from Chindata Group Holdings's current stock price of $7.84.

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.

2. Perficient (NASDAQ:PRFT)


Perficient (NASDAQ:PRFT) is the second best information technology service stock with a Zen Score of 64, which is 30 points higher than the information technology service industry average of 34. It passed 22 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -47.31% over the past year, underperforming other information technology service stocks by -25 percentage points.

Perficient has an average 1 year price target of $97.50, an upside of 35.17% from Perficient's current stock price of $72.13.

Perficient stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Perficient, 50% have issued a Strong Buy rating, 50% 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 60, which is 26 points higher than the information technology service industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Cognizant Technology Solutions has seen its stock lose -26.99% over the past year, underperforming other information technology service stocks by -4 percentage points.

Cognizant Technology Solutions has an average 1 year price target of $71.93, an upside of 21.3% from Cognizant Technology Solutions's current stock price of $59.30.

Cognizant Technology Solutions stock has a consensus Hold recommendation according to Wall Street analysts. Of the 16 analysts covering Cognizant Technology Solutions, 6.25% have issued a Strong Buy rating, 6.25% have issued a Buy, 81.25% have issued a hold, while 0% have issued a Sell rating, and 6.25% have issued a Strong Sell.

What are the information technology service stocks with highest dividends?

Out of 20 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 6.27%, which is 4 percentage points higher than the information technology service industry average of 1.91%. 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 -15.2% 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 4.46%, which is 3 percentage points higher than the information technology service industry average of 1.91%. 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 463.4% 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 3.25%, which is 1 percentage points higher than the information technology service industry average of 1.91%. 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 116.1% 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 0.96% in the last day, and down -3.25% over the last week. Gds Holdings was the among the top gainers in the information technology services industry, gaining 16.87% yesterday.

Shares of several Chinese stocks are trading higher as China eases some zero-Covid restrictions.

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. Formula Systems (NASDAQ:FORTY)


Formula Systems (NASDAQ:FORTY) is the 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 -37.19% in the past year. It has underperformed other stocks in the information technology service industry by -15 percentage points.

2. Clps (NASDAQ:CLPS)


Clps (NASDAQ:CLPS) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Clps 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.

Clps's stock has dropped -53.32% in the past year. It has underperformed other stocks in the information technology service industry by -31 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 -31.37% in the past year. It has underperformed other stocks in the information technology service industry by -9 percentage points.

Are information technology service stocks a good buy now?

45.31% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 17.95% 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 38.08x.
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.