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Best Advertising Agency Stocks to Buy Now (2024)

Top advertising agency stocks in 2024 ranked by overall Due Diligence Score. See the best advertising agency stocks to buy now, according to analyst forecasts for the advertising agencies industry.

According to Due Diligence Score, the 3 best advertising agency stocks to buy right now are:

Integral Ad Science Holding (NASDAQ:IAS) is the top advertising agency stock with a Due Diligence Score of 62, which is 31 points higher than the advertising agency industry average of 31. It passed 21 out of 33 due diligence checks and has strong fundamentals. Integral Ad Science Holding has seen its stock lose -22.91% over the past year, underperforming other advertising agency stocks by -35 percentage points.

Integral Ad Science Holding has an average 1 year price target of $15.29, an upside of 32.46% from Integral Ad Science Holding's current stock price of $11.54.

Integral Ad Science Holding stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Integral Ad Science Holding, 28.57% have issued a Strong Buy rating, 42.86% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Steel Connect (NASDAQ:STCN) is the second best advertising agency stock with a Due Diligence Score of 57, which is 26 points higher than the advertising agency industry average of 31. It passed 18 out of 33 due diligence checks and has strong fundamentals. Steel Connect has seen its stock return 29.48% over the past year, overperforming other advertising agency stocks by 18 percentage points.

Haoxi Health Technology (NASDAQ:HAO) is the third best advertising agency stock with a Due Diligence Score of 56, which is 25 points higher than the advertising agency industry average of 31. It passed 18 out of 33 due diligence checks and has strong fundamentals.

Out of 7 advertising agency stocks that have issued dividends in the past year, the 3 advertising agency stocks with the highest dividend yields are:

Entravision Communications (NYSE:EVC) has an annual dividend yield of 8.1%, which is 4 percentage points higher than the advertising agency industry average of 4.55%. Entravision Communications's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Entravision Communications's dividend has shown consistent growth over the last 10 years.

Entravision Communications's dividend payout ratio of -16.1% indicates that its high dividend yield might not be sustainable for the long-term.

Townsquare Media (NYSE:TSQ) has an annual dividend yield of 7.56%, which is 3 percentage points higher than the advertising agency industry average of 4.55%. Townsquare Media's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Townsquare Media's dividend has shown consistent growth over the last 10 years.

Townsquare Media's dividend payout ratio of -29.5% indicates that its high dividend yield might not be sustainable for the long-term.

Deluxe (NYSE:DLX) has an annual dividend yield of 5.05%, which is 1 percentage points higher than the advertising agency industry average of 4.55%. Deluxe's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Deluxe's dividend has not shown consistent growth over the last 10 years.

Deluxe's dividend payout ratio of 96% indicates that its high dividend yield might not be sustainable for the long-term.

Advertising agency stocks were up 0.88% in the last day, and up 1.96% over the last week.

We couldn't find a catalyst for why advertising agency stocks are up.

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

Able View Global (NASDAQ:ABLV) is the most undervalued advertising agency stock based on WallStreetZen's Valuation Score. Able View Global has a valuation score of 86, which is 58 points higher than the advertising agency industry average of 28. It passed 6 out of 7 valuation due diligence checks.

Able View Global's stock has dropped -70.19% in the past year. It has underperformed other stocks in the advertising agency industry by -82 percentage points.

Haoxi Health Technology (NASDAQ:HAO) is the second most undervalued advertising agency stock based on WallStreetZen's Valuation Score. Haoxi Health Technology has a valuation score of 71, which is 43 points higher than the advertising agency industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Airnet Technology (NASDAQ:ANTE) is the third most undervalued advertising agency stock based on WallStreetZen's Valuation Score. Airnet Technology has a valuation score of 71, which is 43 points higher than the advertising agency industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Airnet Technology's stock has dropped -38.4% in the past year. It has underperformed other stocks in the advertising agency industry by -50 percentage points.