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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...
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividends
OwnershipTechnicals
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
PRFT
PERFICIENT INC
$1.71BN/A0.00%N/AN/AN/AN/A
GDYN
GRID DYNAMICS HOLDINGS INC
$752.97MN/A0.00%N/AN/AN/AN/A
EPAM
EPAM SYSTEMS INC
$13.77BN/A0.00%N/AN/AN/AN/A
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
$32.95B1.77%28.10%$0.3000$1.1735%02024-05-172024-05-29
G
GENPACT LTD
$5.66B1.80%15.90%$0.1525$0.5736%0
CDW
CDW CORP
$29.35B1.11%29.80%$0.6200$2.4220%02024-05-232024-06-11
EXLS
EXLSERVICE HOLDINGS INC
$4.88BN/A0.00%N/AN/AN/AN/A
TASK
TASKUS INC
$1.06BN/A0.00%N/AN/AN/AN/A
IBEX
IBEX LTD
$235.29MN/A0.00%N/AN/AN/AN/A
IBM
INTERNATIONAL BUSINESS MACHINES CORP
$151.28B4.03%74.00%$1.6600$6.6469%02024-05-092024-06-10
FI
FISERV INC
$87.28BN/A0.00%N/AN/AN/AN/A
GIB
CGI INC
$23.77BN/A0.00%N/AN/AN/AN/A
INFY
INFOSYS LTD
$69.99B2.55%58.30%$0.2163$0.4348%7
ASGN
ASGN INC
$4.41BN/A0.00%N/AN/AN/AN/A
DTST
DATA STORAGE CORP
$35.08MN/A0.00%N/AN/AN/AN/A
HCKT
HACKETT GROUP INC
$606.03M2.00%34.90%$0.1100$0.4440%2
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
$23.01B1.60%52.50%$0.8000$3.1332%0
ACN
ACCENTURE PLC
$201.45B1.66%43.20%$1.2900$4.9933%12024-05-15
GLOB
GLOBANT SA
$7.74BN/A0.00%N/AN/AN/AN/A
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
$6.71B1.14%16.50%$0.3700$1.4821%0
WIT
WIPRO LTD
$29.44B0.22%4.70%$0.0120$0.012%3
JKHY
JACK HENRY & ASSOCIATES INC
$11.84B1.30%40.60%$0.5500$2.1125%0
CTLP
CANTALOUPE INC
$432.41MN/A0.00%N/AN/AN/AN/A
CACI
CACI INTERNATIONAL INC
$9.16BN/A0.00%N/AN/AN/AN/A
NABL
N-ABLE INC
$2.30BN/A0.00%N/AN/AN/AN/A
CSPI
CSP INC
$118.51M0.70%17.20%$0.0250$0.0912%1
III
INFORMATION SERVICES GROUP INC
$162.41M5.36%134.60%$0.0450$0.1881%1
CNXC
CONCENTRIX CORP
$3.78B0.48%17.80%$0.2750$0.287%0
FORTY
FORMULA SYSTEMS (1985) LTD
$1.15B1.68%14.80%$0.6384$1.2633%4
MGIC
MAGIC SOFTWARE ENTERPRISES LTD
$584.28M2.75%83.60%$0.3270$0.3351%2
WNS
WNS (HOLDINGS) LTD
$2.07BN/A0.00%N/AN/AN/AN/A
INTJ
INTELLIGENT GROUP LTD
$12.60MN/A0.00%N/AN/AN/AN/A
LDOS
LEIDOS HOLDINGS INC
$19.29B1.04%62.70%$0.3800$1.4819%02024-06-142024-06-28
IT
GARTNER INC
$32.53BN/A0.00%N/AN/AN/AN/A
PSN
PARSONS CORP
$11.34BN/A0.00%N/AN/AN/AN/A
TTEC
TTEC HOLDINGS INC
$356.90M7.71%577.80%$0.0600$0.5889%2
GDS
GDS HOLDINGS LTD
$1.69BN/A0.00%N/AN/AN/AN/A
CNDT
CONDUENT INC
$752.87MN/A0.00%N/AN/AN/AN/A
TWKS
THOUGHTWORKS HOLDING INC
$768.10MN/A0.00%N/AN/AN/AN/A
WYY
WIDEPOINT CORP
$18.39MN/A0.00%N/AN/AN/AN/A
VNET
VNET GROUP INC
$482.80MN/A0.00%N/AN/AN/AN/A
CLPS
CLPS INC
$25.62M10.00%-100.00%$0.1000$0.1093%0
NYAX
NAYAX LTD
$946.81MN/A0.00%N/AN/AN/AN/A
CTM
CASTELLUM INC
$13.05MN/A0.00%N/AN/AN/AN/A
KD
KYNDRYL HOLDINGS INC
$4.58BN/A0.00%N/AN/AN/AN/A
BBAI
BIGBEARAI HOLDINGS INC
$419.75MN/A0.00%N/AN/AN/AN/A
INOD
INNODATA INC
$186.32MN/A0.00%N/AN/AN/AN/A
AUR
AURORA INNOVATION INC
$4.50BN/A0.00%N/AN/AN/AN/A
BTCM
BIT MINING LTD
$29.45MN/A0.00%N/AN/AN/AN/A
JUNE
JUNEE LTD
N/AN/A0.00%N/AN/AN/AN/A
DMRC
DIGIMARC CORP
$462.23MN/A0.00%$0.1100N/AN/A0
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
$40.02B2.77%-18.50%$0.3600$1.9251%12024-06-102024-06-24
DXC
DXC TECHNOLOGY CO
$3.46BN/A0.00%$0.2100N/AN/A0
UIS
UNISYS CORP
$358.47MN/A0.00%N/AN/AN/AN/A
CLVT
CLARIVATE PLC
$4.62BN/A0.00%N/AN/AN/AN/A
NTRP
NEXTTRIP INC
$2.11MN/A0.00%N/AN/AN/AN/A
WAVD
WAVEDANCER INC
$4.87MN/A0.00%N/AN/AN/AN/A
NOTE
FISCALNOTE HOLDINGS INC
$176.86MN/A0.00%N/AN/AN/AN/A
XRX
XEROX HOLDINGS CORP
$1.66B3.73%-51.40%$0.2500$0.5065%2
NATL
NCR ATLEOS CORP
$1.53BN/A0.00%N/AN/AN/AN/A
ARBB
ARB IOT GROUP LTD
$27.76MN/A0.00%N/AN/AN/AN/A
SLNH
SOLUNA HOLDINGS INC
$6.99MN/A0.00%$8.8800N/AN/A0
VYX
NCR VOYIX CORP
$1.74BN/A0.00%N/AN/AN/AN/A
JFU
9F INC
$35.91MN/A0.00%N/AN/AN/AN/A
CAUD
COLLECTIVE AUDIENCE INC
$8.36MN/A0.00%N/AN/AN/AN/A
ROMA
ROMA GREEN FINANCE LTD
$7.41MN/AN/AN/AN/AN/AN/A
1

Information Technology Service Stocks FAQ

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

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 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 -29.73% over the past year, underperforming other information technology service stocks by -43 percentage points.

Perficient has an average 1 year price target of $64.40, an upside of 31.83% from Perficient's current stock price of $48.85.

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, 20% have issued a Buy, 80% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Grid Dynamics Holdings (NASDAQ:GDYN)


Grid Dynamics Holdings (NASDAQ:GDYN) is the second best information technology service stock with a Zen Score of 63, which is 32 points higher than the information technology service industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Grid Dynamics Holdings has seen its stock lose -12.3% over the past year, underperforming other information technology service stocks by -25 percentage points.

Grid Dynamics Holdings has an average 1 year price target of $15.60, an upside of 58.54% from Grid Dynamics Holdings's current stock price of $9.84.

Grid Dynamics Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Grid Dynamics Holdings, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% 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 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. Epam Systems has seen its stock lose -12% over the past year, underperforming other information technology service stocks by -25 percentage points.

Epam Systems has an average 1 year price target of $314.60, an upside of 32.08% from Epam Systems's current stock price of $238.18.

Epam Systems stock has a consensus Strong 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, 26.67% 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 18 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%, which is 7 percentage points higher than the information technology service industry average of 2.64%.

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 7.71%, which is 5 percentage points higher than the information technology service industry average of 2.64%. 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 5.36%, which is 3 percentage points higher than the information technology service industry average of 2.64%. 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 up?

Information technology service stocks were up 0.94% in the last day, and down -1.05% over the last week. Vnet Group was the among the top gainers in the information technology services industry, gaining 9.77% yesterday.

Shares of companies within the broader tech sector are trading higher amid market strength after the Fed on Wednesday left rates unchanged and Fed's Chair Powell said it is unlikely that the next policy rate move would be a rate hike.

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 58 points higher than the information technology service industry average of 28. It passed 6 out of 7 valuation due diligence checks.

Perficient's stock has dropped -29.73% in the past year. It has underperformed other stocks in the information technology service industry by -43 percentage points.

2. Cognizant Technology Solutions (NASDAQ:CTSH)


Cognizant Technology Solutions (NASDAQ:CTSH) is the second most undervalued information technology service stock based on WallStreetZen's Valuation Score. Cognizant Technology Solutions has a valuation score of 71, which is 43 points higher than the information technology service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Cognizant Technology Solutions's stock has gained 11.6% in the past year. It has underperformed other stocks in the information technology service industry by -1 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 71, which is 43 points higher than the information technology service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Concentrix's stock has dropped -38.27% in the past year. It has underperformed other stocks in the information technology service industry by -51 percentage points.

Are information technology service stocks a good buy now?

37.5% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 19.25% 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 26.97x.
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