WallStreetZenWallStreetZen

Best Telecom Stocks to Buy Now (2024)
Top telecom stocks in 2024 ranked by overall Zen Score. See the best telecom stocks to buy now, according to analyst forecasts for the telecom services industry.

Industry: Telecom Services
Ticker
Company
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
$2.93B229.90%38.50%45.33%29.90%5.281.1337.90%114.10%117.25%
IDCC
INTERDIGITAL INC
$2.87B32.00%10.60%28.92%26.40%1.901.3539.20%31.20%42.77%
CMCSA
COMCAST CORP
$152.51B18.60%5.90%11.07%14.30%2.190.60100.00%12.60%20.27%
CABO
CABLE ONE INC
$2.11B14.00%3.70%7.67%7.70%2.551.8673.80%15.50%30.75%
VOD
VODAFONE GROUP PUBLIC LTD CO
$25.62B1.80%0.80%0.98%0.90%1.390.8833.40%3.10%3.24%
ORAN
ORANGE
$30.46B7.70%2.20%5.53%5.00%2.360.83100.00%5.50%9.97%
CHTR
CHARTER COMMUNICATIONS INC
$39.77B41.70%3.20%8.42%5.80%11.150.40100.00%8.50%21.13%
VZ
VERIZON COMMUNICATIONS INC
$169.76B11.90%3.00%6.74%7.10%3.020.7159.50%8.40%16.43%
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
$994.94M31.20%18.60%16.60%19.90%0.664.6863.00%77.40%78.93%
LBRDA
LIBERTY BROADBAND CORP
$7.53B9.60%5.50%8.47%7.60%0.721.8175.00%87.80%134.39%
UCL
UCLOUDLINK GROUP INC
$68.21M7.20%2.10%7.58%122.40%2.271.29169.30%4.40%5.23%
IRDM
IRIDIUM COMMUNICATIONS INC
$3.63B2.80%0.90%4.03%2.70%2.213.3371.90%3.20%13.38%
TLK
PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
$17.24B18.40%8.70%17.62%16.00%0.960.7873.40%16.40%25.40%
GOGO
GOGO INC
$1.31B426.90%20.10%20.12%12.30%11.964.2067.30%38.60%36.37%
TU
TELUS CORP
$23.68B4.60%1.30%2.02%2.20%2.520.7562.40%3.70%4.77%
T
AT&T INC
$126.34B13.00%3.30%6.87%8.00%2.690.6859.30%11.00%19.92%
BCE
BCE INC
$30.71B8.50%2.50%7.35%6.60%2.600.6142.40%7.10%17.78%
TKC
TURKCELL ILETISIM HIZMETLERI A S
$6.37B13.30%6.40%14.69%20.70%1.021.78178.80%11.70%25.96%
CXDO
CREXENDO INC
$88.67M3.80%3.00%3.85%27.20%0.231.9860.50%3.00%3.35%
IDT
IDT CORP
$1.01B18.50%7.20%20.20%-325.00%1.381.4331.10%3.10%3.98%
ATEX
ANTERIX INC
$620.23M8.90%5.50%6.00%107.00%0.864.51100.00%447.20%514.41%
TMUS
T-MOBILE US INC
$200.04B13.60%4.20%8.05%8.30%2.320.9462.30%11.10%19.03%
PHI
PLDT INC
$5.19B24.90%4.30%8.77%6.00%4.740.3687.90%12.60%17.17%
VIV
TELEFONICA BRASIL SA
$14.33B7.30%4.20%7.86%12.10%0.74N/A43.50%9.70%15.18%
RCI
ROGERS COMMUNICATIONS INC
$21.03B5.50%0.80%5.61%4.70%5.540.77100.00%2.90%16.37%
CHT
CHUNGHWA TELECOM CO LTD
$30.27B9.70%7.00%9.70%11.10%0.321.8336.30%16.40%20.25%
OOMA
OOMA INC
$232.58M-1.10%-0.60%-2.61%-4.70%1.041.2462.20%-0.40%-1.19%
RDCM
RADCOM LTD
$139.62M4.80%3.60%-0.66%-0.90%0.314.7473.60%7.20%-1.11%
USM
UNITED STATES CELLULAR CORP
$4.31B1.30%0.60%3.28%3.60%1.301.6756.30%1.60%8.37%
FYBR
FRONTIER COMMUNICATIONS PARENT INC
$6.64B0.50%0.10%4.53%3.40%2.841.0763.50%0.50%14.33%
TIMB
TIM SA
$7.67B11.00%5.10%14.04%14.50%1.120.8951.80%11.90%24.96%
VEON
VEON LTD
$1.78B63.50%2.80%10.29%6.60%15.380.95107.80%25.30%56.67%
FNGR
FINGERMOTION INC
$162.36M-28.40%-21.10%-30.15%-36.50%0.562.7710.80%-10.50%-10.16%
GSAT
GLOBALSTAR INC
$2.15B-12.40%-5.00%-3.53%-2.90%1.431.0067.40%-20.30%-12.46%
TDS
TELEPHONE & DATA SYSTEMS INC
$2.07B-10.00%-3.90%-1.68%-1.70%1.511.5855.60%-10.70%-4.20%
TEF
TELEFONICA S A
$26.34B-3.80%-0.80%N/A1.10%4.77N/A67.30%-2.20%3.01%
SIFY
SIFY TECHNOLOGIES LTD
$308.00M0.20%0.10%5.27%4.10%1.951.0337.20%0.10%7.03%
SKM
SK TELECOM CO LTD
$8.11B9.50%3.60%8.49%7.10%1.570.9474.90%6.20%11.12%
ATNI
ATN INTERNATIONAL INC
$362.71M-2.80%-0.80%1.59%1.30%2.011.0656.40%-2.00%3.15%
AMX
AMERICA MOVIL SAB DE CV
$59.08B20.60%4.80%14.93%10.90%3.120.6561.20%9.30%19.02%
KT
KT CORP
$6.59B6.00%2.40%6.41%5.40%1.451.10100.00%3.70%7.12%
LILA
LIBERTY LATIN AMERICA LTD
$1.76B-0.30%0.00%5.48%4.70%6.341.1277.50%-0.10%13.84%
KORE
KORE GROUP HOLDINGS INC
$53.25M-226.50%-27.40%-24.66%-31.20%24.821.3753.80%-58.00%-43.39%
LBTYA
LIBERTY GLOBAL LTD
$6.02B-14.10%-6.70%-4.61%-4.00%1.201.2867.20%-37.30%-22.41%
RBBN
RIBBON COMMUNICATIONS INC
$549.56M-13.10%-5.20%-3.25%-4.00%1.540.7351.10%-7.10%-2.27%
ATUS
ALTICE USA INC
$1.20B-1.60%0.00%5.74%5.40%-75.100.4167.30%0.10%18.55%
TV
GRUPO TELEVISA SAB
$2.14B-6.80%-3.00%0.99%0.80%1.071.7833.70%-11.40%3.06%
TIGO
MILLICOM INTERNATIONAL CELLULAR SA
$4.27B0.60%0.10%9.82%10.20%3.010.7773.70%0.30%20.42%
WOW
WIDEOPENWEST INC
$405.92M-88.10%-17.10%-19.86%-15.60%5.280.6657.00%-39.20%-40.16%
TEO
TELECOM ARGENTINA SA
$3.81B-17.40%-7.20%0.88%1.50%1.490.4565.80%-12.50%1.86%
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
$519.91M-65.10%-8.00%-4.14%-3.00%7.880.9355.50%-26.50%-12.58%
LUMN
LUMEN TECHNOLOGIES INC
$1.30B-792.90%-30.90%-32.85%-23.30%64.821.0350.50%-76.20%-68.36%
IHS
IHS HOLDING LTD
$1.12B-2,871.00%-66.30%10.13%6.10%-12.230.9442.40%-181.10%19.96%

Telecom Stocks FAQ

What are the best telecom stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best telecommunication stocks to buy right now are:

1. Cogent Communications Holdings (NASDAQ:CCOI)


Cogent Communications Holdings (NASDAQ:CCOI) is the top telecom stock with a Zen Score of 64, which is 36 points higher than the telecom industry average of 28. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cogent Communications Holdings has seen its stock lose -4.76% over the past year, overperforming other telecom stocks by 8 percentage points.

Cogent Communications Holdings has an average 1 year price target of $80.17, an upside of 34.13% from Cogent Communications Holdings's current stock price of $59.77.

Cogent Communications Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Cogent Communications Holdings, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Interdigital (NASDAQ:IDCC)


Interdigital (NASDAQ:IDCC) is the second best telecom stock with a Zen Score of 61, which is 33 points higher than the telecom industry average of 28. It passed 22 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 37.41% over the past year, overperforming other telecom stocks by 50 percentage points.

Interdigital has an average 1 year price target of $100.00, a downside of -11.96% from Interdigital's current stock price of $113.59.

Interdigital stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Interdigital, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Comcast (NASDAQ:CMCSA)


Comcast (NASDAQ:CMCSA) is the third best telecom stock with a Zen Score of 54, which is 26 points higher than the telecom industry average of 28. It passed 19 out of 38 due diligence checks and has strong fundamentals. Comcast has seen its stock lose -0.74% over the past year, overperforming other telecom stocks by 12 percentage points.

Comcast has an average 1 year price target of $47.47, an upside of 22.13% from Comcast's current stock price of $38.87.

Comcast stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Comcast, 22.22% have issued a Strong Buy rating, 22.22% have issued a Buy, 55.56% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the telecom stocks with highest dividends?

Out of 24 telecom stocks that have issued dividends in the past year, the 3 telecom stocks with the highest dividend yields are:

1. Grupo Televisa Sab (NYSE:TV)


Grupo Televisa Sab (NYSE:TV) has an annual dividend yield of N/A, which is N/A percentage points lower than the telecom industry average of 4.73%. Grupo Televisa Sab's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Grupo Televisa Sab's dividend has not shown consistent growth over the last 10 years.

Grupo Televisa Sab's dividend payout ratio of -54.7% indicates that its dividend yield might not be sustainable for the long-term.

2. GPA (NYSE:TLK)


GPA (NYSE:TLK) has an annual dividend yield of 12.88%, which is 8 percentage points higher than the telecom industry average of 4.73%. GPA's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. GPA's dividend has shown consistent growth over the last 10 years.

GPA's dividend payout ratio of 73.1% indicates that its high dividend yield is sustainable for the long-term.

3. Vodafone Group Public Co (NASDAQ:VOD)


Vodafone Group Public Co (NASDAQ:VOD) has an annual dividend yield of 10.24%, which is 6 percentage points higher than the telecom industry average of 4.73%. Vodafone Group Public Co's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Vodafone Group Public Co's dividend has not shown consistent growth over the last 10 years.

Vodafone Group Public Co's dividend payout ratio of 214.3% indicates that its high dividend yield might not be sustainable for the long-term.

Why are telecom stocks up?

Telecom stocks were up 2.16% in the last day, and up 4.1% over the last week. United States Cellular was the among the top gainers in the telecom services industry, gaining 14.78% yesterday.

United States Cellular shares are trading higher after the company on Tuesday announced that it entered into a definitive agreement to sell its wireless operations and select spectrum assets to T-Mobile.

What are the most undervalued telecom stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued telecom stocks right now are:

1. Charter Communications (NASDAQ:CHTR)


Charter Communications (NASDAQ:CHTR) is the most undervalued telecom stock based on WallStreetZen's Valuation Score. Charter Communications has a valuation score of 86, which is 57 points higher than the telecom industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Charter Communications's stock has dropped -17.17% in the past year. It has underperformed other stocks in the telecom industry by -5 percentage points.

2. Interdigital (NASDAQ:IDCC)


Interdigital (NASDAQ:IDCC) is the second most undervalued telecom stock based on WallStreetZen's Valuation Score. Interdigital has a valuation score of 86, which is 57 points higher than the telecom industry average of 29. It passed 6 out of 7 valuation due diligence checks.

Interdigital's stock has gained 37.41% in the past year. It has overperformed other stocks in the telecom industry by 50 percentage points.

3. Comcast (NASDAQ:CMCSA)


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

Comcast's stock has dropped -0.74% in the past year. It has overperformed other stocks in the telecom industry by 12 percentage points.

Are telecom stocks a good buy now?

48.57% of telecom stocks rated by analysts are a strong buy right now. On average, analysts expect telecom stocks to rise by 31.6% over the next year.

What is the average p/e ratio of the telecom services industry?

The average P/E ratio of the telecom services industry is 18.5x.
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.