Sectors & IndustriesConsumer CyclicalPersonal Services

Best Personal Service Stocks to Buy Now (2023)

Top personal service stocks in 2023 ranked by overall Zen Score. See the best personal service stocks to buy now, according to analyst forecasts for the personal services industry.

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

Medifast (NYSE:MED) is the top personal service stock with a Zen Score of 58, which is 28 points higher than the personal service industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Medifast has seen its stock lose -44.91% over the past year, underperforming other personal service stocks by -13 percentage points.

Medifast has an average 1 year price target of $122.00, an upside of 21.89% from Medifast's current stock price of $100.09.

Medifast stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Medifast, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Rover Group (NASDAQ:ROVR) is the second best personal service stock with a Zen Score of 47, which is 17 points higher than the personal service industry average of 30. It passed 15 out of 33 due diligence checks and has strong fundamentals. Rover Group has seen its stock lose -28.91% over the past year, overperforming other personal service stocks by 3 percentage points.

Rover Group has an average 1 year price target of $5.25, an upside of 24.11% from Rover Group's current stock price of $4.23.

Rover Group stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Rover Group, 28.57% have issued a Strong Buy rating, 14.29% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

H&R Block (NYSE:HRB) is the third best personal service stock with a Zen Score of 39, which is 9 points higher than the personal service industry average of 30. It passed 13 out of 38 due diligence checks and has average fundamentals. H&R Block has seen its stock return 31.25% over the past year, overperforming other personal service stocks by 63 percentage points.

H&R Block has an average 1 year price target of $30.90, a downside of -9.62% from H&R Block's current stock price of $34.19.

H&R Block stock has a consensus Strong Sell recommendation according to Wall Street analysts. Of the 4 analysts covering H&R Block, 0% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 75% have issued a Strong Sell.

Out of 6 personal service stocks that have issued dividends in the past year, the 3 personal service stocks with the highest dividend yields are:

Franchise Group (NASDAQ:FRG) has an annual dividend yield of 9.48%, which is 6 percentage points higher than the personal service industry average of 3.95%. Franchise Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Franchise Group's dividend has shown consistent growth over the last 10 years.

Franchise Group's dividend payout ratio of -127.6% indicates that its high dividend yield might not be sustainable for the long-term.

Medifast (NYSE:MED) has an annual dividend yield of 6.55%, which is 3 percentage points higher than the personal service industry average of 3.95%. Medifast's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Medifast's dividend has shown consistent growth over the last 10 years.

Medifast's dividend payout ratio of 51.2% indicates that its high dividend yield is sustainable for the long-term.

H&R Block (NYSE:HRB) has an annual dividend yield of 3.33%, which is -1 percentage points lower than the personal service industry average of 3.95%. H&R Block's dividend payout is stable, having never dropped by more than 10% in the last 10 years. H&R Block's dividend has shown consistent growth over the last 10 years.

H&R Block's dividend payout ratio of 37.8% indicates that its dividend yield is sustainable for the long-term.

Personal service stocks were down -1.86% in the last day, and down -0.59% over the last week.

We couldn't find a catalyst for why personal service stocks are down.

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

Smart Share Global (NASDAQ:EM) is the most undervalued personal service stock based on WallStreetZen's Valuation Score. Smart Share Global has a valuation score of 71, which is 43 points higher than the personal service industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Smart Share Global's stock has gained 0.83% in the past year. It has overperformed other stocks in the personal service industry by 32 percentage points.

Medifast (NYSE:MED) is the second most undervalued personal service stock based on WallStreetZen's Valuation Score. Medifast has a valuation score of 43, which is 15 points higher than the personal service industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Medifast's stock has dropped -44.91% in the past year. It has underperformed other stocks in the personal service industry by -13 percentage points.

Carriage Services (NYSE:CSV) is the third most undervalued personal service stock based on WallStreetZen's Valuation Score. Carriage Services has a valuation score of 43, which is 15 points higher than the personal service industry average of 28. It passed 3 out of 7 valuation due diligence checks.

Carriage Services's stock has dropped -42.99% in the past year. It has underperformed other stocks in the personal service industry by -12 percentage points.