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Sectors & IndustriesTechnologyInformation Technology Services
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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
PRFT
PERFICIENT INC
$1.53B$906.54M$166.44M$98.93M$2.910.16%12.71%-5.52%30.80%2024-04-30
EXLS
EXLSERVICE HOLDINGS INC
$4.83B$1.63B$321.74M$184.56M$1.1115.48%13.05%29.07%27.46%2024-05-02
EPAM
EPAM SYSTEMS INC
$14.30B$4.69B$669.29M$417.08M$7.21-2.78%20.54%-1.50%9.98%2024-06-03
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$33.42B$19.35B$3.39B$2.13B$4.21-0.39%3.72%-4.75%3.12%2024-05-01
FI
FISERV INC
$86.74B$19.09B$7.92B$3.07B$5.027.65%26.81%27.41%11.37%2024-04-23
G
GENPACT LTD
$5.58B$4.48B$754.15M$631.26M$3.462.42%8.33%80.21%18.51%2024-05-09
CDW
CDW CORP
$31.63B$21.38B$1.95B$1.10B$8.20-9.99%5.65%-0.49%13.99%2024-05-01
IBEX
IBEX LTD
$231.25M$513.10M$76.09M$38.91M$2.15-1.18%N/A51.41%N/A2024-05-15
TASK
TASKUS INC
$961.15M$924.37M$157.49M$45.69M$0.49-3.76%N/A19.51%N/A2024-05-08
ASGN
ASGN INC
$4.44B$4.45B$464.40M$219.30M$4.54-2.85%5.53%-14.34%8.50%2024-04-24
INFY
INFOSYS LTD
$68.49B$18.21B$4.68B$2.98B$0.7111.65%10.73%1.43%5.24%
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
$22.73B$6.32B$1.25B$683.80M$5.818.37%7.92%27.69%8.92%2024-04-30
PSN
PARSONS CORP
$8.23B$5.44B$368.76M$161.15M$1.5329.74%8.86%64.52%-11.26%2024-05-01
GDYN
GRID DYNAMICS HOLDINGS INC
$777.21M$312.91M$16.96M-$1.77M-$0.020.78%27.78%N/AN/A2024-05-02
WNS
WNS (HOLDINGS) LTD
$2.22B$1.30BN/A$163.99M$3.457.72%10.19%19.79%11.52%2024-04-25
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$166.36B$61.86B$14.68B$7.50B$8.242.20%-4.92%355.25%-2.95%2024-04-24
GLOB
GLOBANT SA
$7.73B$2.10B$361.66M$158.54M$3.7217.73%32.04%4.79%20.74%2024-05-16
DTST
DATA STORAGE CORP
$31.76M$24.96M$1.76M$381.58k$0.064.56%22.94%N/AN/A2024-05-13
HCKT
HACKETT GROUP INC
$620.11M$296.59M$52.68M$34.15M$1.260.97%0.74%-3.08%9.24%2024-05-07
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
$6.36B$7.44B$882.00M$477.00M$8.98-3.37%9.83%65.68%23.23%2024-06-03
ACN
ACCENTURE PLC
$211.95B$64.57B$11.50B$7.03B$11.162.26%8.85%1.45%9.78%
JKHY
JACK HENRY & ASSOCIATES INC
$12.01B$2.16B$697.83M$372.97M$5.128.26%7.13%5.79%6.54%2024-04-30
CTLP
CANTALOUPE INC
$449.16M$252.57M$30.42M$14.33M$0.1911.05%11.90%N/AN/A2024-05-02
IT
GARTNER INC
$35.06B$5.91B$1.54B$882.47M$11.177.87%8.24%10.81%52.60%2024-04-30
WIT
WIPRO LTD
$28.29B$11.02B$2.38B$1.40B$0.265.57%7.42%1.98%8.07%2024-04-25
TTEC
TTEC HOLDINGS INC
$384.17M$2.46B$210.48M$8.43M$0.180.78%10.29%-91.78%-25.42%2024-05-01
CSPI
CSP INC
$138.33M$61.68M$4.45M$3.90M$0.442.22%-3.90%24.29%-26.07%2024-05-08
NABL
N-ABLE INC
$2.25B$421.88M$96.20M$23.41M$0.1313.48%13.07%44.44%N/A2024-05-13
ARBB
ARB IOT GROUP LTD
$25.38M$242.13M$36.18M$25.83M$1.17-45.35%N/A-84.10%N/A
III
INFORMATION SERVICES GROUP INC
$175.94M$291.05M$21.21M$6.15M$0.131.67%1.08%-68.29%0.00%2024-05-10
CNXC
CONCENTRIX CORP
$3.61B$7.88B$1.11B$278.07M$4.7922.67%N/A-39.52%N/A
CACI
CACI INTERNATIONAL INC
$8.11B$7.13B$784.61M$378.43M$16.6510.03%8.97%6.94%9.33%2024-04-25
MGIC
MAGIC SOFTWARE ENTERPRISES LTD
$562.18M$535.05M$71.07M$37.03M$0.75-5.60%13.48%-8.54%13.97%2024-04-29
FORTY
FORMULA SYSTEMS (1985) LTD
$1.13B$2.62BN/A$64.01M$4.191.89%11.91%-21.09%13.75%
LDOS
LEIDOS HOLDINGS INC
$16.80B$15.44B$937.00M$199.00M$1.457.24%8.65%-71.00%-17.74%2024-04-30
INTJ
INTELLIGENT GROUP LTD
$17.44M$2.63M$716.97k$520.33k$0.0543.50%N/A15.00%N/A
CNDT
CONDUENT INC
$634.12M$3.72B$43.00M-$296.00M-$1.41-3.53%-7.15%N/AN/A2024-05-01
GDS
GDS HOLDINGS LTD
$1.22B$1.38B$160.33M-$603.29M-$3.294.96%28.29%N/AN/A2024-05-23
TWKS
THOUGHTWORKS HOLDING INC
$739.06M$1.13B$37.97M-$68.66M-$0.22-13.07%N/AN/AN/A2024-05-07
WYY
WIDEPOINT CORP
$17.51M$106.03M-$302.84k-$4.05M-$0.4612.67%4.85%N/AN/A2024-05-13
NYAX
NAYAX LTD
$824.84M$235.49M$121.00k-$15.89M-$0.4835.72%N/AN/AN/A2024-05-23
CLPS
CLPS INC
$24.08M$145.37MN/A-$2.56M-$0.10-4.90%20.37%N/AN/A
CTM
CASTELLUM INC
$12.30M$45.24M-$13.28M-$17.92M-$0.387.24%N/AN/AN/A2024-05-13
XRX
XEROX HOLDINGS CORP
$2.01B$6.89B$223.00M-$13.00M-$0.09-3.11%-6.55%N/AN/A2024-04-23
INOD
INNODATA INC
$168.49M$86.78M$5.02M-$908.00k-$0.039.84%8.61%N/AN/A2024-05-09
BBAI
BIGBEARAI HOLDINGS INC
$371.22M$155.16M-$37.57M-$60.37M-$0.400.10%N/AN/AN/A2024-05-08
KD
KYNDRYL HOLDINGS INC
$4.52B$16.46B$953.00M-$1.03B-$4.54-4.33%-5.46%N/AN/A2024-05-01
DMRC
DIGIMARC CORP
$470.00M$34.85M-$37.63M-$45.96M-$2.2615.41%10.46%N/AN/A2024-05-08
AUR
AURORA INNOVATION INC
$4.31B$0.00-$748.00M-$796.00M-$0.60-100.00%N/AN/AN/A2024-05-03
BTCM
BIT MINING LTD
$23.56M$43.10MN/A-$14.43M-$1.00-24.42%17.14%N/AN/A2024-05-24
VNET
VNET GROUP INC
$226.60M$1.03BN/A-$367.20M-$2.443.15%16.26%N/AN/A2024-05-22
JUNE
JUNEE LTD
N/A$6.14M$202.59k$38.68k$0.00-36.17%N/AN/AN/A
GIB
CGI INC
$24.18BN/AN/AN/AN/AN/AN/AN/AN/A2024-05-01
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
$40.35B$9.82B-$3.11B-$6.65B-$11.261.05%3.12%N/AN/A2024-04-25
UIS
UNISYS CORP
$375.57M$2.02B-$231.50M-$430.70M-$6.311.79%-2.19%N/AN/A2024-04-30
DXC
DXC TECHNOLOGY CO
$3.58B$13.87B$1.01B-$465.00M-$1.82-6.57%-8.01%N/AN/A2024-05-16
CLVT
CLARIVATE PLC
$4.63B$2.63B-$10.50M-$986.60M-$1.47-1.17%22.11%N/AN/A2024-05-08
NOTE
FISCALNOTE HOLDINGS INC
$162.45M$132.65M-$80.69M-$115.46M-$0.8816.60%N/AN/AN/A2024-05-08
NTRP
NEXTTRIP INC
$2.14M$522.87k-$5.76M-$5.92M-$10.97-36.70%1.37%N/AN/A2024-05-13
WAVD
WAVEDANCER INC
$4.30M$7.98M-$1.63M-$2.03M-$1.04-27.59%-2.23%N/AN/A
NATL
NCR ATLEOS CORP
$1.51B$4.19B$449.00M-$134.00M-$1.901.45%N/AN/AN/A
SLNH
SOLUNA HOLDINGS INC
$6.09M$21.07M-$13.91M-$29.20M-$27.79-26.21%21.18%N/AN/A2024-05-13
VYX
NCR VOYIX CORP
$1.75B$3.83B$634.00M-$439.00M-$3.120.98%-9.77%N/AN/A2024-05-02
JFU
9F INC
$32.26M$104.69MN/A-$85.07M-$7.28-30.12%N/AN/AN/A
CAUD
COLLECTIVE AUDIENCE INC
$5.91M$28.63M-$3.88M-$6.45M-$4.08k-7.22%N/AN/AN/A
ROMA
ROMA GREEN FINANCE LTD
$7.82MN/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 Apr 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 64, which is 32 points higher than the information technology service industry average of 32. It passed 21 out of 33 due diligence checks and has strong fundamentals. Exlservice Holdings has seen its stock lose -12.22% over the past year, underperforming other information technology service stocks by -21 percentage points.

Exlservice Holdings has an average 1 year price target of $36.75, an upside of 26.2% from Exlservice Holdings's current stock price of $29.12.

Exlservice Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Exlservice Holdings, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% 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 32 points higher than the information technology service industry average of 32. It passed 21 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -36.8% over the past year, underperforming other information technology service stocks by -45 percentage points.

Perficient has an average 1 year price target of $70.20, an upside of 60.86% from Perficient's current stock price of $43.64.

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

3. Epam Systems (NYSE:EPAM)


Epam Systems (NYSE:EPAM) is the third best information technology service stock with a Zen Score of 62, which is 30 points higher than the information technology service industry average of 32. It passed 20 out of 33 due diligence checks and has strong fundamentals. Epam Systems has seen its stock lose -16.24% over the past year, underperforming other information technology service stocks by -25 percentage points.

Epam Systems has an average 1 year price target of $330.33, an upside of 33.62% from Epam Systems's current stock price of $247.22.

Epam Systems stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Epam Systems, 53.33% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 6.67% 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 10.64%, which is 8 percentage points higher than the information technology service industry average of 2.58%.

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 7.16%, which is 5 percentage points higher than the information technology service industry average of 2.58%. 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 577.8% 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 4.95%, which is 2 percentage points higher than the information technology service industry average of 2.58%. 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 134.6% 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 -0.33% in the last day, and down -4.66% over the last week. Infosys was the among the top losers in the information technology services industry, dropping -2.6% yesterday.

Infosys shares are trading lower after the company reported Q4 results and issued FY25 guidance.

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. Perficient (NASDAQ:PRFT)


Perficient (NASDAQ:PRFT) is the 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 -36.8% in the past year. It has underperformed other stocks in the information technology service industry by -45 percentage points.

2. Concentrix (NASDAQ:CNXC)


Concentrix (NASDAQ:CNXC) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Concentrix has a valuation score of 71, which is 42 points higher than the information technology service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Concentrix's stock has dropped -49.83% in the past year. It has underperformed other stocks in the information technology service industry by -58 percentage points.

3. Cognizant Technology Solutions (NASDAQ:CTSH)


Cognizant Technology Solutions (NASDAQ:CTSH) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Cognizant Technology Solutions has a valuation score of 71, which is 42 points higher than the information technology service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Cognizant Technology Solutions's stock has gained 9.83% in the past year. It has overperformed other stocks in the information technology service industry by 1 percentage points.

Are information technology service stocks a good buy now?

41.3% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 18.48% 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 23.62x.
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.