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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
PRFT
PERFICIENT INC
United States
$2.11B34,602,96687.25%12.75%Net BuyingNet Buying
IMXI
INTERNATIONAL MONEY EXPRESS INC
United States
$882.50M37,875,37247.60%52.40%Net SellingNet Selling
CD
CHINDATA GROUP HOLDINGS LTD
China
$2.89B732,559,38111.22%0.00%
CTSH
COGNIZANT TECHNOLOGY SOLUTIONS CORP
United States
$30.47B517,784,92789.43%0.67%Net SellingNet Selling
HCKT
HACKETT GROUP INC
United States
$563.32M31,682,97247.37%52.63%Net Buying
EPAM
EPAM SYSTEMS INC
United States
$20.89B57,367,43259.52%40.48%Net SellingNet Selling
CLPS
CLPS INC
Hong Kong
$29.61M20,213,8220.20%0.00%
JKHY
HENRY JACK & ASSOCIATES INC
United States
$13.49B72,902,79790.14%7.32%Net SellingNet Selling
IBM
INTERNATIONAL BUSINESS MACHINES CORP
United States
$110.83B903,180,35355.18%0.41%Net SellingNet Buying
III
INFORMATION SERVICES GROUP INC
United States
$231.59M47,751,51230.37%69.63%Net BuyingNet Selling
SAIC
SCIENCE APPLICATIONS INTERNATIONAL CORP
United States
$4.92B55,128,06075.50%2.40%Net SellingNet Selling
ACN
ACCENTURE PLC
Ireland
$172.81B664,692,12769.65%0.90%Net SellingNet Selling
INFY
INFOSYS LTD
India
$69.87B4,206,738,64112.89%0.00%
CNXC
CONCENTRIX CORP
United States
$5.95B52,044,54470.08%29.92%Net SellingNet Selling
FORTY
FORMULA SYSTEMS (1985) LTD
Israel
$1.29B15,295,5170.29%0.00%
GIB
CGI INC
Canada
$18.38B245,617,03547.54%0.00%
NSIT
INSIGHT ENTERPRISES INC
United States
$2.92B35,094,89268.49%31.51%Net BuyingNet Buying
TTEC
TTEC HOLDINGS INC
United States
$2.17B47,209,21319.23%80.77%Net SellingNet Selling
SNX
TD SYNNEX CORP
United States
$8.21B95,848,18837.57%62.43%Net SellingNet Selling
EXLS
EXLSERVICE HOLDINGS INC
United States
$5.55B33,062,70465.13%34.87%Net SellingNet Selling
FLT
FLEETCOR TECHNOLOGIES INC
United States
$13.82B75,013,34351.37%48.63%Net BuyingNet Buying
FISV
FISERV INC
United States
$62.65B639,584,34876.11%23.89%Net BuyingNet Selling
PAY
PAYMENTUS HOLDINGS INC
United States
$1.19B122,625,14414.94%3.19%Net SellingNet Selling
TASK
TASKUS INC
United States
$1.52B98,193,10524.81%0.61%Net SellingNet Selling
BR
BROADRIDGE FINANCIAL SOLUTIONS INC
United States
$18.12B117,302,38886.38%1.42%Net SellingNet Selling
FIS
FIDELITY NATIONAL INFORMATION SERVICES INC
United States
$48.81B607,978,55665.51%34.49%Net SellingNet Selling
SWCH
SWITCH INC
United States
$8.31B244,898,71844.82%55.18%Net SellingNet Selling
DXC
DXC TECHNOLOGY CO
United States
$5.48B229,876,83086.05%1.65%Net SellingNet Selling
ALYA
ALITHYA GROUP INC
Canada
$177.11M92,725,61619.89%0.00%
CNDT
CONDUENT INC
United States
$753.13M215,795,31164.13%35.87%Net BuyingNet Buying
FLYW
FLYWIRE CORP
United States
$2.49B108,267,30564.66%35.34%Net SellingNet Selling
DTST
DATA STORAGE CORP
United States
$14.39M6,822,1270.44%99.56%Net Buying
CACI
CACI INTERNATIONAL INC
United States
$6.35B23,417,48187.63%12.37%Net SellingNet Selling
IT
GARTNER INC
United States
$21.83B79,093,89933.89%66.11%Net SellingNet Selling
NCR
NCR CORP
United States
$2.85B136,900,00086.83%13.17%Net SellingNet Selling
CDW
CDW CORP
United States
$21.63B135,243,23479.92%20.08%Net Selling
CTG
COMPUTER TASK GROUP INC
United States
$101.50M15,519,19151.33%27.19%Net BuyingNet Buying
VNET
VNET GROUP INC
China
$860.25M888,141,1449.55%0.00%
AI
C3AI INC
United States
$1.43B108,481,52943.45%29.54%Net SellingNet Selling
TLS
TELOS CORP
United States
$651.61M67,593,94534.14%65.86%Net SellingNet Selling
G
GENPACT LTD
Bermuda
$7.99B183,483,73628.94%71.06%Net SellingNet Selling
GDYN
GRID DYNAMICS HOLDINGS INC
United States
$1.20B67,295,46349.70%50.30%Net SellingNet Selling
BBAI
BIGBEARAI HOLDINGS INC
United States
$167.93M126,265,7642.81%91.88%Net Buying
GDS
GDS HOLDINGS LTD
China
$3.85B1,495,180,3955.32%0.00%
RAMP
LIVERAMP HOLDINGS INC
United States
$1.23B67,142,41556.86%43.14%Net SellingNet Selling
USIO
USIO INC
United States
$32.62M25,188,2175.22%94.78%Net SellingNet Selling
SASI
SIGMA ADDITIVE SOLUTIONS INC
United States
$8.59M10,498,80210.72%16.67%Net BuyingNet Buying
MIGI
MAWSON INFRASTRUCTURE GROUP INC
Australia
$43.87M81,249,7688.26%19.90%
TDC
TERADATA CORP
United States
$3.15B102,800,00095.30%4.70%Net SellingNet Selling
LDOS
LEIDOS HOLDINGS INC
United States
$12.11B136,540,63775.62%4.95%Net SellingNet Selling
WIT
WIPRO LTD
India
$26.15B5,471,449,7832.04%0.00%
CSPI
CSP INC
United States
$35.95M4,555,81624.20%39.27%Net BuyingNet Buying
AUR
AURORA INNOVATION INC
United States
$2.71B1,153,737,15125.08%28.52%Net BuyingNet Selling
XRX
XEROX HOLDINGS CORP
United States
$2.23B155,569,68648.50%51.50%Net Buying
TWKS
THOUGHTWORKS HOLDING INC
United States
$3.46B311,131,08512.00%88.00%Net SellingNet Selling
ISDR
ISSUER DIRECT CORP
United States
$70.65M3,611,01022.06%77.94%Net Buying
NABL
N-ABLE INC
United States
$1.62B180,213,05049.91%50.09%Net SellingNet Selling
SABR
SABRE CORP
United States
$1.78B328,186,37470.12%29.88%Net BuyingNet Selling
AFRM
AFFIRM HOLDINGS INC
United States
$5.57B289,068,85955.08%18.32%Net BuyingNet Selling
WAVD
WAVEDANCER INC
United States
$15.22M19,125,6033.13%28.17%Net BuyingNet Buying
DMRC
DIGIMARC CORP
United States
$275.60M19,970,74146.51%53.49%Net BuyingNet Selling
CLVT
CLARIVATE PLC
United States
$6.89B673,490,48465.45%34.55%Net SellingNet Buying
CRGE
CHARGE ENTERPRISES INC
United States
$348.41M206,157,65214.43%16.67%Net SellingNet Buying
PRTH
PRIORITY TECHNOLOGY HOLDINGS INC
United States
$274.66M76,720,8098.98%91.02%Net SellingNet Buying
WYY
WIDEPOINT CORP
United States
$17.29M8,733,9386.68%93.32%Net Buying
RSSS
RESEARCH SOLUTIONS INC
United States
$50.84M27,334,49126.38%73.62%Net BuyingNet Selling
INOD
INNODATA INC
United States
$78.36M27,302,84315.35%34.53%Net Buying
UIS
UNISYS CORP
United States
$543.65M67,786,23793.34%6.66%Net Selling
AVCT
AMERICAN VIRTUAL CLOUD TECHNOLOGIES INC
United States
$47.44M140,340,4785.34%56.53%Net BuyingNet Selling
PSFE
PAYSAFE LTD
United Kingdom
$1.05B725,900,00048.13%0.00%
GB
GLOBAL BLUE GROUP HOLDING AG
Switzerland
$805.67M181,050,00087.12%4.49%
DNB
DUN & BRADSTREET HOLDINGS INC
United States
$5.66B433,798,94741.73%58.27%Net SellingNet Selling
CYXT
CYXTERA TECHNOLOGIES INC
United States
$785.69M178,566,35236.38%63.62%Net BuyingNet Selling
KD
KYNDRYL HOLDINGS INC
United States
$2.11B226,762,79659.88%20.96%Net SellingNet Buying

Information Technology Service Stocks FAQ

What are the best information technology service stocks to buy right now in Sep 2022?

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 73, which is 37 points higher than the information technology service industry average of 36. It passed 25 out of 33 due diligence checks and has strong fundamentals. Perficient has seen its stock lose -50.18% over the past year, underperforming other information technology service stocks by -23 percentage points.

Perficient has an average 1 year price target of $114.00, an upside of 87.1% from Perficient's current stock price of $60.93.

Perficient stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Perficient, 40% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. International Money Express (NASDAQ:IMXI)


International Money Express (NASDAQ:IMXI) is the second best information technology service stock with a Zen Score of 69, which is 33 points higher than the information technology service industry average of 36. It passed 23 out of 33 due diligence checks and has strong fundamentals. International Money Express has seen its stock return 44.72% over the past year, overperforming other information technology service stocks by 72 percentage points.

International Money Express has an average 1 year price target of $21.17, a downside of -9.15% from International Money Express's current stock price of $23.30.

International Money Express stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering International Money Express, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Chindata Group Holdings (NASDAQ:CD)


Chindata Group Holdings (NASDAQ:CD) is the third best information technology service stock with a Zen Score of 62, which is 26 points higher than the information technology service industry average of 36. It passed 20 out of 33 due diligence checks and has strong fundamentals. Chindata Group Holdings has seen its stock lose -19.55% over the past year, overperforming other information technology service stocks by 8 percentage points.

Chindata Group Holdings has an average 1 year price target of $8.30, an upside of 5.06% from Chindata Group Holdings's current stock price of $7.90.

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.

What are the information technology service stocks with highest dividends?

Out of 22 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 6.98%, which is 5 percentage points higher than the information technology service industry average of 1.92%. 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 -27.5% 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 5.36%, which is 3 percentage points higher than the information technology service industry average of 1.92%. 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 105.6% 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 2.89%, which is 1 percentage points higher than the information technology service industry average of 1.92%. 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 36.1% indicates that its dividend yield is sustainable for the long-term.

Why are information technology service stocks down?

Information technology service stocks were down -1.61% in the last day, and down -5.94% over the last week. Aurora Innovation was the among the top losers in the information technology services industry, dropping -9.79% yesterday.

Shares of several companies in the broader industrial sector are trading lower following Wednesday'd Fed decision. Continued interest rate hikes could drive a slowdown in economic and industrial activity.

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. Clps (NASDAQ:CLPS)


Clps (NASDAQ:CLPS) is the most undervalued information technology service stock based on WallStreetZen's Valuation Score. Clps has a valuation score of 100, which is 64 points higher than the information technology service industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Clps's stock has dropped -49.83% in the past year. It has underperformed other stocks in the information technology service industry by -22 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 64 points higher than the information technology service industry average of 36. It passed 7 out of 7 valuation due diligence checks.

Formula Systems's stock has dropped -18.48% in the past year. It has overperformed other stocks in the information technology service industry by 9 percentage points.

3. Conduent (NASDAQ:CNDT)


Conduent (NASDAQ:CNDT) is the third most undervalued information technology service stock based on WallStreetZen's Valuation Score. Conduent has a valuation score of 86, which is 50 points higher than the information technology service industry average of 36. It passed 6 out of 7 valuation due diligence checks.

Conduent's stock has dropped -47.2% in the past year. It has underperformed other stocks in the information technology service industry by -20 percentage points.

Are information technology service stocks a good buy now?

49.23% of information technology service stocks rated by analysts are a buy right now. On average, analysts expect information technology service stocks to rise by 34.58% 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 20.52x.
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.