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Sectors & IndustriesCommunication Services
Best Communication Service Stocks to Buy Now (2024)
Top communication service stocks in 2024 ranked by overall Zen Score. See the best communication service stocks to buy now, according to analyst forecasts for the communication services sector.

Sector: Communication Services
Ticker
Company
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
BODI
BEACHBODY COMPANY INC
$9.502.81%5.56%-0.63%-5.66%-3.01%-58.49%-98.11%N/AN/A$28.50$6.3166.67%50.55%1.383,477-41.65%
ASST
ASSET ENTITIES INC
$0.36-3.49%-9.55%-47.14%-7.69%0.00%-59.55%N/AN/AN/A$3.49$0.2989.68%23.29%1.4023,211-72.91%
ANGI
ANGI INC
$2.11-2.31%0.96%-18.22%-13.88%28.66%-10.59%-86.82%-87.86%-81.34%$4.18$1.5549.52%36.57%1.16491,53421.78%
GAIA
GAIA INC
$3.83-6.13%-3.53%19.69%30.72%50.79%27.67%-63.66%-63.80%-48.10%$4.09$2.116.36%81.52%0.8442,6563.33%
AMC
AMC ENTERTAINMENT HOLDINGS INC
$2.93-3.30%-13.57%-6.69%-28.71%-70.58%-94.81%-97.08%-98.07%-98.73%$62.30$2.3895.30%23.11%1.299,004,332-62.64%
ANTE
AIRNET TECHNOLOGY INC
$1.16-4.13%-6.45%-25.16%50.65%45.00%-31.16%-91.05%-84.57%-97.31%$1.95$0.5640.51%106.41%0.484,025-37.76%
CMCM
CHEETAH MOBILE INC
$3.91-3.22%-3.69%32.54%82.71%132.05%59.59%-63.80%-87.59%N/A$5.20$1.6424.81%138.41%0.9413,201-50.34%
SSP
EW SCRIPPS CO
$3.76-2.59%-0.53%1.08%-54.31%-31.26%-55.61%-82.61%-83.50%-78.05%$11.02$2.9365.88%28.33%1.56673,82827.94%
WOW
WIDEOPENWEST INC
$3.57-0.56%2.59%-1.92%-5.80%-47.88%-69.09%-74.63%-55.32%N/A$11.59$2.3169.20%54.55%1.25169,91111.85%
MAX
MEDIAALPHA INC
$20.257.77%6.58%0.70%59.70%114.29%163.67%-54.24%N/AN/A$22.81$5.0811.22%298.62%1.42775,011124.40%
SNAL
SNAIL INC
$0.97-8.92%-9.18%-7.62%4.86%-23.62%-26.52%N/AN/AN/A$2.32$0.7958.19%22.78%1.0716,171213.15%
HOFV
HALL OF FAME RESORT & ENTERTAINMENT CO
$3.120.97%0.00%-14.29%-11.61%13.87%-60.95%-96.54%-98.62%N/A$12.42$2.3174.88%35.06%0.757,436-25.59%
HRYU
HANRYU HOLDINGS INC
$0.518.51%-5.38%84.78%-4.49%-72.43%N/AN/AN/AN/A$9.50$0.1894.63%180.22%1.34115,6409.85%
CPOP
POP CULTURE GROUP CO LTD
$1.67-0.65%-4.08%-29.58%66.90%18.37%-74.32%N/AN/AN/A$9.67$0.9182.74%83.61%0.6210,65210.30%
GROM
GROM SOCIAL ENTERPRISES INC
$0.624.58%-0.65%-24.32%-23.95%-51.11%-93.29%-99.98%-99.99%N/A$11.76$0.5594.76%11.59%0.75129,311322.24%
THRY
THRYV HOLDINGS INC
$23.01-1.67%-2.42%1.99%9.16%34.88%0.13%-17.20%N/AN/A$26.01$15.9911.53%43.90%1.0599,17625.73%
BBGI
BEASLEY BROADCAST GROUP INC
$0.68-0.44%-3.68%-13.92%-26.49%-12.14%-30.61%-75.80%-81.47%-91.17%$1.28$0.6046.88%12.58%0.862,888-96.02%
LPTV
LOOP MEDIA INC
$0.31-0.97%-12.03%-4.06%-57.36%-19.21%-93.79%-89.77%N/AN/A$4.93$0.2593.77%22.80%-1.9796,955-35.90%
IHRT
IHEARTMEDIA INC
$2.10-3.23%-0.94%-0.94%-27.08%-5.41%-41.83%-89.03%N/AN/A$4.74$1.7855.70%18.31%1.46723,08370.39%
TC
TUANCHE LTD
$1.640.61%-1.80%-0.36%-19.21%-71.97%-87.29%-97.25%-99.61%N/A$15.75$1.4089.59%17.14%0.334,761-51.64%
LCFY
LOCAFY LTD
$3.542.52%-4.41%-27.82%-49.11%-45.67%-50.18%N/AN/AN/A$16.79$3.4578.93%2.52%0.921,190-58.10%
CMLS
CUMULUS MEDIA INC
$2.63-3.66%-2.59%-25.92%-45.55%-43.56%-18.83%-72.63%-85.49%N/A$6.59$2.5760.09%2.33%1.4113,989-66.60%
IHS
IHS HOLDING LTD
$3.59-0.55%5.28%4.06%-10.70%-27.18%-62.57%N/AN/AN/A$10.13$2.1864.56%64.68%0.94363,15178.45%
TKO
TKO GROUP HOLDINGS INC
$94.67-1.89%-1.03%9.85%11.38%14.18%N/AN/AN/AN/A$106.16$72.3410.82%30.88%0.80683,37912.58%
LUMN
LUMEN TECHNOLOGIES INC
$1.19-2.46%-12.50%-18.49%-8.46%-20.13%-50.00%-90.72%-89.58%-96.59%$2.70$0.7855.93%52.56%1.0519,741,146177.30%
FWONA
LIBERTY MEDIA CORP
$62.270.00%-0.13%6.26%1.14%8.33%-3.93%50.34%64.91%37.54%$72.09$55.0813.62%13.06%1.0087,82137.83%
CNSL
CONSOLIDATED COMMUNICATIONS HOLDINGS INC
$4.320.00%1.65%0.23%-0.92%5.62%11.63%-40.00%-16.28%-78.31%$4.65$2.937.10%47.44%1.01405,475-17.72%
DJT
TRUMP MEDIA & TECHNOLOGY GROUP CORP
$49.936.94%53.30%2.61%32.09%229.79%282.90%N/AN/AN/A$79.38$12.4037.10%302.66%1.1210,075,366-0.77%
STGW
STAGWELL INC
$5.95-2.78%-1.00%0.00%-11.19%37.41%-5.56%33.41%183.33%-75.63%$8.59$3.8330.73%55.56%1.32507,66629.33%
MDIA
MEDIACO HOLDING INC
$1.762.33%-11.56%117.28%232.08%214.29%61.47%-46.50%N/AN/A$6.86$0.4074.34%340.00%0.7769,885-51.59%
EEX
EMERALD HOLDING INC
$5.751.77%-1.71%-10.16%-6.35%19.54%49.74%2.50%-59.07%N/A$7.05$3.2718.44%75.84%0.9744,61276.05%
TIGO
MILLICOM INTERNATIONAL CELLULAR SA
$20.47-0.15%0.64%1.99%19.08%31.89%15.58%-47.81%-65.38%N/A$20.81$14.461.63%41.56%0.8650,699-50.52%
PODC
PODCASTONE INC
$1.92-1.54%-4.95%-5.88%9.71%-37.46%N/AN/AN/AN/A$5.80$1.4366.90%34.27%1.144,249-90.81%
MANU
MANCHESTER UNITED PLC
$16.20-1.46%4.18%16.80%-16.88%-9.95%-15.36%-8.63%-17.81%-2.59%$26.64$13.5039.19%20.00%0.73474,922-16.50%
MSGS
MADISON SQUARE GARDEN SPORTS CORP
$185.92-1.09%0.45%1.26%-0.83%11.38%-9.29%0.58%-40.49%N/A$215.79$164.7913.84%12.82%0.77136,465-31.31%
DLPN
DOLPHIN ENTERTAINMENT INC
$1.25-4.94%3.73%-10.07%-11.97%-24.24%-34.55%-88.75%-82.76%N/A$2.48$0.9649.60%30.89%0.6047,566-66.57%
SBGI
SINCLAIR INC
$12.30-1.80%-0.97%-3.23%-24.31%15.33%-38.87%-62.12%-73.14%-53.98%$19.97$9.3938.41%30.99%1.16226,462-27.97%
CSSE
CHICKEN SOUP FOR THE SOUL ENTERTAINMENT INC
$0.28-6.33%84.87%84.87%37.07%-16.86%-83.94%-99.08%-97.13%N/A$1.75$0.1383.94%116.15%1.022,970,300-83.96%
KUKE
KUKE MUSIC HOLDING LTD
$2.534.12%-9.64%31.77%150.50%138.68%190.80%-51.99%N/AN/A$3.50$0.4227.71%500.95%0.2672,832-1.87%
LGF.B
LIONS GATE ENTERTAINMENT CORP
$9.43-3.38%-5.13%1.40%-4.65%30.07%-12.36%-25.16%-30.66%-64.46%$11.33$6.6316.77%42.23%1.05661,44027.47%
MMV
MULTIMETAVERSE HOLDINGS LTD
$0.53-6.56%-24.71%-39.77%-45.39%-54.96%-66.00%-94.83%N/AN/A$4.00$0.4986.83%7.77%0.6017,818-27.13%

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
42-2.34%-2.96%-6.12%-0.65%29.07x3.33x+24.42%+3.16%+11.80%+36.01%Strong Buy
13-1.02%-0.99%-2.98%-29.27%2.98x0.65x-5.57%-2.55%+5.00%+57.88%Buy
22-1.83%-0.58%-5.26%-5.57%7.10x3.99x-102.49%+3.70%+6.35%+30.55%Strong Buy
45-1.73%-2.81%-6.29%+9.14%34.77x2.60x-2.74%+5.71%+10.58%+25.88%Buy
66-1.14%-3.13%-5.09%+25.63%14.73x6.23x+26.43%+18.81%+26.20%+27.52%Buy
53-1.29%-2.09%-5.24%-24.16%119.76x1.56x-0.33%+3.86%+8.31%+37.30%Buy

Communication Service Stocks FAQ

What are the best communication service stocks to buy right now in May 2024?

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

1. Interdigital (NASDAQ:IDCC)


Interdigital (NASDAQ:IDCC) is the top communication service stock with a Zen Score of 65, which is 38 points higher than the communication service sector average of 27. It passed 24 out of 38 due diligence checks and has strong fundamentals. Interdigital has seen its stock return 46.05% over the past year, overperforming other communication service stocks by 48 percentage points.

Interdigital has an average 1 year price target of $100.00, an upside of 1.29% from Interdigital's current stock price of $98.73.

Interdigital stock has a consensus Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Interdigital, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 100% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Cogent Communications Holdings (NASDAQ:CCOI)


Cogent Communications Holdings (NASDAQ:CCOI) is the second best communication service stock with a Zen Score of 64, which is 37 points higher than the communication service sector average of 27. It passed 24 out of 38 due diligence checks and has strong fundamentals. Cogent Communications Holdings has seen its stock lose -7.21% over the past year, underperforming other communication service stocks by -5 percentage points.

Cogent Communications Holdings has an average 1 year price target of $82.00, an upside of 27.77% from Cogent Communications Holdings's current stock price of $64.18.

Cogent Communications Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Cogent Communications Holdings, 33.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Opera (NASDAQ:OPRA)


Opera (NASDAQ:OPRA) is the third best communication service stock with a Zen Score of 62, which is 35 points higher than the communication service sector average of 27. It passed 22 out of 38 due diligence checks and has strong fundamentals. Opera has seen its stock return 7.96% over the past year, overperforming other communication service stocks by 10 percentage points.

Opera has an average 1 year price target of $20.75, an upside of 66.27% from Opera's current stock price of $12.48.

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

What are the communication service stocks with highest dividends?

Out of 50 communication service stocks that have issued dividends in the past year, the 3 communication service stocks with the highest dividend yields are:

1. Trivago Nv (NASDAQ:TRVG)


Trivago Nv (NASDAQ:TRVG) has an annual dividend yield of 110.4%, which is 104 percentage points higher than the communication service sector average of 6.54%.

Trivago Nv's dividend payout ratio of -101.1% indicates that its high dividend yield might not be sustainable for the long-term.

2. Weibo (NASDAQ:WB)


Weibo (NASDAQ:WB) has an annual dividend yield of 19.37%, which is 13 percentage points higher than the communication service sector average of 6.54%.

Weibo's dividend payout ratio of 115.2% indicates that its high dividend yield might not be sustainable for the long-term.

3. Saga Communications (NASDAQ:SGA)


Saga Communications (NASDAQ:SGA) has an annual dividend yield of 15.8%, which is 9 percentage points higher than the communication service sector average of 6.54%. Saga Communications's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Saga Communications's dividend has shown consistent growth over the last 10 years.

Saga Communications's dividend payout ratio of 248.4% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication service stocks down?

Communication service stocks were down -1.51% in the last day, and down -2.52% over the last week. Warner Bros Discovery was the among the top losers in the communication services sector, dropping -9.69% yesterday.

Warner Bros. Discovery shares are trading lower on reports NBCUniversal is preparing an offer that could take NBA rights from TNT.

What are the most undervalued communication service stocks?

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

1. Doubledown Interactive Co (NASDAQ:DDI)


Doubledown Interactive Co (NASDAQ:DDI) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. Doubledown Interactive Co has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Doubledown Interactive Co's stock has gained 24.61% in the past year. It has overperformed other stocks in the communication service sector by 26 percentage points.

2. Nexstar Media Group (NASDAQ:NXST)


Nexstar Media Group (NASDAQ:NXST) is the second most undervalued communication service stock based on WallStreetZen's Valuation Score. Nexstar Media Group has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has dropped -7.78% in the past year. It has underperformed other stocks in the communication service sector by -6 percentage points.

3. Opera (NASDAQ:OPRA)


Opera (NASDAQ:OPRA) is the third most undervalued communication service stock based on WallStreetZen's Valuation Score. Opera has a valuation score of 100, which is 74 points higher than the communication service sector average of 26. It passed 7 out of 7 valuation due diligence checks.

Opera's stock has gained 7.96% in the past year. It has overperformed other stocks in the communication service sector by 10 percentage points.

Are communication service stocks a good buy now?

43.36% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 30.68% over the next year.

What is the average p/e ratio of the communication services sector?

The average P/E ratio of the communication services sector is 37.68x.
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.