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Best Advertising Agency Stocks to Buy Now (2024)

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

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

Steel Connect (NASDAQ:STCN) is the top advertising agency stock with a Zen Score of 64, which is 34 points higher than the advertising agency industry average of 30. It passed 20 out of 33 due diligence checks and has strong fundamentals. Steel Connect has seen its stock return 20.46% over the past year, overperforming other advertising agency stocks by 12 percentage points.

Interpublic Group Of Companies (NYSE:IPG) is the second best advertising agency stock with a Zen Score of 58, which is 28 points higher than the advertising agency industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Interpublic Group Of Companies has seen its stock return 0.69% over the past year, underperforming other advertising agency stocks by -8 percentage points.

Interpublic Group Of Companies has an average 1 year price target of $32.00, an upside of 3.73% from Interpublic Group Of Companies's current stock price of $30.85.

Interpublic Group Of Companies stock has a consensus Hold recommendation according to Wall Street analysts. Of the 7 analysts covering Interpublic Group Of Companies, 28.57% have issued a Strong Buy rating, 0% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 28.57% have issued a Strong Sell.

Travelzoo (NASDAQ:TZOO) is the third best advertising agency stock with a Zen Score of 57, which is 27 points higher than the advertising agency industry average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Travelzoo has seen its stock return 149.92% over the past year, overperforming other advertising agency stocks by 141 percentage points.

Travelzoo has an average 1 year price target of $21.67, an upside of 45.22% from Travelzoo's current stock price of $14.92.

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

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:

Townsquare Media (NYSE:TSQ) has an annual dividend yield of 7.88%, which is 3 percentage points higher than the advertising agency industry average of 4.68%. 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 -13.7% indicates that its high dividend yield might not be sustainable for the long-term.

Entravision Communications (NYSE:EVC) has an annual dividend yield of 7.5%, which is 3 percentage points higher than the advertising agency industry average of 4.68%. 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 -18.5% indicates that its high dividend yield might not be sustainable for the long-term.

Deluxe (NYSE:DLX) has an annual dividend yield of 6.05%, which is 1 percentage points higher than the advertising agency industry average of 4.68%. 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 137.9% indicates that its high dividend yield might not be sustainable for the long-term.

Advertising agency stocks were up 1.63% in the last day, and up 0.75% over the last week. Mgo Global was the among the top gainers in the advertising agencies industry, gaining 17.7% yesterday.

Shares of companies within the broader consumer discretionary sector are trading higher following better-than-expected consumer sentiment data. Strong earnings from RH and anticipated rate cuts may be lifting the sector.

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

Steel Connect (NASDAQ:STCN) is the most undervalued advertising agency stock based on WallStreetZen's Valuation Score. Steel Connect has a valuation score of 100, which is 74 points higher than the advertising agency industry average of 26. It passed 7 out of 7 valuation due diligence checks.

Steel Connect's stock has gained 20.46% in the past year. It has overperformed other stocks in the advertising agency industry by 12 percentage points.

Able View Global (NASDAQ:ABLV) is the second most undervalued advertising agency stock based on WallStreetZen's Valuation Score. Able View Global has a valuation score of 71, which is 45 points higher than the advertising agency industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Able View Global's stock has dropped -62.5% in the past year. It has underperformed other stocks in the advertising agency industry by -71 percentage points.

Xunlei (NASDAQ:XNET) is the third most undervalued advertising agency stock based on WallStreetZen's Valuation Score. Xunlei has a valuation score of 71, which is 45 points higher than the advertising agency industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Xunlei's stock has dropped -3.66% in the past year. It has underperformed other stocks in the advertising agency industry by -12 percentage points.