Sectors & Industries TechnologyInformation 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...

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
PRFT	PERFICIENT INC	United States	$1.53B	34,960,415	87.56%	12.44%	Net Buying	Net Buying
EXLS	EXLSERVICE HOLDINGS INC	United States	$4.83B	165,783,820	88.70%	11.30%	Net Selling	Net Selling
EPAM	EPAM SYSTEMS INC	United States	$14.30B	57,827,498	59.97%	40.03%	Net Buying	Net Buying
CTSH	COGNIZANT TECHNOLOGY SOLUTIONS CORP	United States	$33.42B	497,842,032	92.31%	0.74%	Net Selling	Net Selling
FI	FISERV INC	United States	$86.74B	590,402,536	75.94%	24.06%	Net Selling	Net Buying
G	GENPACT LTD	Bermuda	$5.58B	180,732,575	28.65%	71.35%	Net Selling	Net Selling
CDW	CDW CORP	United States	$31.63B	134,215,119	79.99%	20.01%	Net Selling	Net Selling
IBEX	IBEX LTD	United States	$231.25M	17,572,123	48.46%	51.54%	Net Selling	Net Selling
TASK	TASKUS INC	United States	$961.15M	88,666,952	16.70%	1.87%	Net Selling	Net Selling
ASGN	ASGN INC	United States	$4.44B	46,500,000	93.48%	6.52%	Net Selling	Net Selling
INFY	INFOSYS LTD	India	$68.49B	4,148,560,044	10.82%	0.00%
BR	BROADRIDGE FINANCIAL SOLUTIONS INC	United States	$22.73B	117,772,219	89.65%	1.43%	Net Selling	Net Selling
PSN	PARSONS CORP	United States	$8.23B	105,829,579	98.37%	1.30%	Net Selling	Net Selling
GDYN	GRID DYNAMICS HOLDINGS INC	United States	$777.21M	75,973,726	54.61%	45.39%	Net Selling	Net Buying
WNS	WNS (HOLDINGS) LTD	India	$2.22B	47,809,915	97.48%	0.00%
IBM	INTERNATIONAL BUSINESS MACHINES CORP	United States	$166.36B	916,744,848	58.87%	0.44%	Net Selling	Net Selling
GLOB	GLOBANT SA	Luxembourg	$7.73B	43,086,282	91.50%	0.00%
DTST	DATA STORAGE CORP	United States	$31.76M	6,919,950	1.81%	98.19%	Net Buying
HCKT	HACKETT GROUP INC	United States	$620.11M	27,597,191	46.09%	53.91%	Net Selling	Net Selling
SAIC	SCIENCE APPLICATIONS INTERNATIONAL CORP	United States	$6.36B	51,648,397	76.61%	2.99%	Net Selling	Net Selling
ACN	ACCENTURE PLC	Ireland	$211.95B	670,736,496	70.33%	0.90%	Net Selling	Net Selling
JKHY	JACK HENRY & ASSOCIATES INC	United States	$12.01B	72,867,678	92.61%	7.39%	Net Selling
CTLP	CANTALOUPE INC	United States	$449.16M	72,797,023	65.76%	34.24%	Net Buying	Net Buying
IT	GARTNER INC	United States	$35.06B	77,967,884	33.62%	66.38%	Net Selling	Net Selling
WIT	WIPRO LTD	India	$28.29B	5,482,733,329	2.24%	0.00%
TTEC	TTEC HOLDINGS INC	United States	$384.17M	47,428,113	19.37%	80.63%	Net Selling	Net Selling
CSPI	CSP INC	United States	$138.33M	9,713,900	13.35%	21.47%	Net Buying	Net Buying
NABL	N-ABLE INC	United States	$2.25B	184,762,998	49.96%	50.04%	Net Selling	Net Selling
ARBB	ARB IOT GROUP LTD	Singapore	$25.38M	26,437,500	0.06%	0.00%
III	INFORMATION SERVICES GROUP INC	United States	$175.94M	48,335,220	30.64%	69.36%	Net Buying	Net Buying
CNXC	CONCENTRIX CORP	United States	$3.61B	65,991,915	65.21%	34.79%	Net Selling	Net Selling
CACI	CACI INTERNATIONAL INC	United States	$8.11B	22,285,108	86.83%	13.17%	Net Selling	Net Selling
MGIC	MAGIC SOFTWARE ENTERPRISES LTD	Israel	$562.18M	49,099,000	19.32%	0.00%
FORTY	FORMULA SYSTEMS (1985) LTD	Israel	$1.13B	15,302,517	5.53%	0.00%
LDOS	LEIDOS HOLDINGS INC	United States	$16.80B	135,779,301	75.64%	5.24%	Net Buying	Net Selling
INTJ	INTELLIGENT GROUP LTD	Hong Kong	$17.44M	11,250,000	0.00%	0.00%
CNDT	CONDUENT INC	United States	$634.12M	209,974,904	62.31%	37.69%	Net Buying	Net Buying
GDS	GDS HOLDINGS LTD	China	$1.22B	1,524,432,991	4.34%	0.00%
TWKS	THOUGHTWORKS HOLDING INC	United States	$739.06M	322,732,693	17.55%	82.45%	Net Selling
WYY	WIDEPOINT CORP	United States	$17.51M	8,843,673	5.51%	94.49%	Net Selling	Net Selling
NYAX	NAYAX LTD	Israel	$824.84M	33,326,736	7.91%	0.00%
CLPS	CLPS INC	Hong Kong	$24.08M	25,616,056	0.24%	0.00%
CTM	CASTELLUM INC	United States	$12.30M	53,029,915	3.39%	71.27%	Net Buying
XRX	XEROX HOLDINGS CORP	United States	$2.01B	124,182,606	49.56%	50.44%	Net Selling	Net Buying
INOD	INNODATA INC	United States	$168.49M	28,752,874	30.70%	30.69%	Net Selling
BBAI	BIGBEARAI HOLDINGS INC	United States	$371.22M	242,628,027	4.88%	61.60%	Net Buying	Net Buying
KD	KYNDRYL HOLDINGS INC	United States	$4.52B	230,103,348	71.45%	20.82%	Net Buying
DMRC	DIGIMARC CORP	United States	$470.00M	20,443,596	47.14%	52.86%	Net Buying	Net Buying
AUR	AURORA INNOVATION INC	United States	$4.31B	1,535,269,383	44.78%	21.27%	Net Selling	Net Selling
BTCM	BIT MINING LTD	United States	$23.56M	1,111,232,309	0.05%	0.00%
VNET	VNET GROUP INC	China	$226.60M	923,034,050	7.77%	0.00%
JUNE	JUNEE LTD	Hong Kong	N/A	12,714,286	0.00%	0.00%
GIB	CGI INC	Canada	$24.18B	232,679,796	50.96%	0.00%
FIS	FIDELITY NATIONAL INFORMATION SERVICES INC	United States	$40.35B	576,465,736	65.26%	34.74%	Net Selling	Net Selling
UIS	UNISYS CORP	United States	$375.57M	68,410,477	86.81%	10.13%	Net Selling	Net Selling
DXC	DXC TECHNOLOGY CO	United States	$3.58B	182,870,646	96.14%	2.91%	Net Selling	Net Buying
CLVT	CLARIVATE PLC	United States	$4.63B	666,285,990	61.94%	38.06%	Net Selling	Net Selling
NOTE	FISCALNOTE HOLDINGS INC	United States	$162.45M	131,009,719	35.02%	64.98%	Net Selling	Net Selling
NTRP	NEXTTRIP INC	United States	$2.14M	780,423	1.58%	98.42%	Net Buying	Net Buying
WAVD	WAVEDANCER INC	United States	$4.30M	2,013,180	1.67%	98.33%	Net Buying
NATL	NCR ATLEOS CORP	United States	$1.51B	72,100,000	87.31%	0.63%	Net Buying	Net Buying
SLNH	SOLUNA HOLDINGS INC	United States	$6.09M	2,841,490	0.98%	99.02%	Net Buying
VYX	NCR VOYIX CORP	United States	$1.75B	144,290,210	84.25%	15.75%	Net Buying	Net Selling
JFU	9F INC	China	$32.26M	235,466,660	0.01%	0.00%
CAUD	COLLECTIVE AUDIENCE INC	United States	$5.91M	13,158,078	1.88%	55.39%	Net Selling	Net Selling
ROMA	ROMA GREEN FINANCE LTD	Hong Kong	$7.82M	10,425,289	0.00%	0.00%

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.