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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
Financials Score
Market Cap
ROE
ROA
ROCE
ROIC
D/E
Current Ratio
Gross Margin
Profit Margin
Operating Margin
OPRA
OPERA LTD
$1.39B19.90%18.10%18.69%70.50%0.102.5676.50%42.70%44.54%
GRVY
GRAVITY CO LTD
$500.32M37.00%28.00%43.15%94.00%0.284.6233.40%19.00%25.73%
IDCC
INTERDIGITAL INC
$2.70B36.00%12.00%31.75%24.90%2.051.3350.00%39.00%51.39%
CCOI
COGENT COMMUNICATIONS HOLDINGS INC
$3.07B488.70%49.30%46.73%36.30%4.271.3842.20%135.30%140.95%
PERI
PERION NETWORK LTD
$1.07B17.80%12.50%18.68%56.40%0.502.1436.70%15.80%18.53%
NTES
NETEASE INC
$66.62B25.20%16.70%25.83%117.80%0.472.6560.90%28.40%32.97%
GMM
GLOBAL MOFY METAVERSE LTD
$25.89M52.70%36.80%36.38%127.40%0.303.1154.00%24.40%28.92%
BIDU
BAIDU INC
$36.81B8.50%5.00%8.24%8.20%0.593.0151.70%15.10%20.22%
NFLX
NETFLIX INC
$265.51B24.80%10.90%17.32%42.50%1.371.1241.50%16.00%20.48%
NCMI
NATIONAL CINEMEDIA INC
$490.94M963.70%149.20%143.94%1,615.60%0.312.4677.60%426.90%443.77%
CMCSA
COMCAST CORP
$171.07B18.50%5.90%11.06%14.20%2.200.60100.00%12.70%20.44%
MOMO
HELLO GROUP INC
$1.17B17.30%12.20%18.75%27.00%0.353.7441.50%16.30%22.08%
CABO
CABLE ONE INC
$2.39B14.90%3.90%7.94%7.90%2.661.6973.70%15.90%31.42%
GOOGL
ALPHABET INC
$1.88T27.20%19.00%26.83%30.90%0.422.1056.60%24.00%27.99%
YELP
YELP INC
$2.67B13.70%9.70%12.53%20.00%0.353.5591.50%7.40%7.86%
IPG
INTERPUBLIC GROUP OF COMPANIES INC
$12.41B29.50%6.30%18.07%28.00%3.861.0616.70%10.10%14.83%
LGCL
LUCAS GC LTD
N/A89.90%24.40%40.42%64.10%1.201.6327.70%5.40%5.42%
OMC
OMNICOM GROUP INC
$18.84B42.40%5.40%18.09%44.40%6.590.9518.40%9.50%14.53%
DDI
DOUBLEDOWN INTERACTIVE CO LTD
$559.95M14.60%12.90%17.90%122.90%0.105.3567.90%32.50%43.03%
NXST
NEXSTAR MEDIA GROUP INC
$5.75B14.10%2.80%8.31%9.50%4.251.5356.40%7.00%18.73%
LDWY
LENDWAY INC
$10.47M13.50%10.00%12.24%89.60%0.1110.3822.50%8.50%8.28%
WB
WEIBO CORP
$2.24B10.40%4.90%8.69%8.90%1.112.5178.70%19.50%27.08%
TV
GRUPO TELEVISA SAB
$2.08B42.70%15.10%20.72%19.30%1.212.3735.40%59.20%72.61%
VOD
VODAFONE GROUP PUBLIC LTD CO
$25.45B18.10%6.90%9.41%8.30%1.430.8931.70%23.50%25.06%
SGA
SAGA COMMUNICATIONS INC
$140.05M5.30%4.10%6.39%18.30%0.362.1620.00%8.40%11.57%
EDR
ENDEAVOR GROUP HOLDINGS INC
$7.66B10.10%2.10%4.92%12.80%2.051.2459.00%6.00%15.47%
IAS
INTEGRAL AD SCIENCE HOLDING CORP
$1.50B0.80%0.60%1.54%5.50%0.313.2179.10%1.50%3.60%
UCL
UCLOUDLINK GROUP INC
$59.92M18.60%5.30%17.24%453.90%2.531.25171.40%10.40%11.16%
CRTO
CRITEO SA
$1.94B5.20%2.40%6.06%27.20%1.221.1544.30%2.70%3.89%
SSTK
SHUTTERSTOCK INC
$1.64B21.50%11.30%20.98%-412.90%0.970.6559.70%12.60%14.00%
TZOO
TRAVELZOO
$140.18M304.30%20.90%82.44%-8,060.40%11.110.9087.10%14.60%20.68%
ATHM
AUTOHOME INC
$3.25B8.40%6.70%7.93%10.80%0.196.3180.30%28.30%29.36%
DRCT
DIRECT DIGITAL HOLDINGS INC
$228.90M100.70%7.10%26.51%28.10%12.561.1625.20%3.10%6.11%
SHEN
SHENANDOAH TELECOMMUNICATIONS CO
$887.30M1.20%0.70%0.99%1.00%0.861.7963.10%2.80%3.83%
SIFY
SIFY TECHNOLOGIES LTD
$232.28M1.70%0.50%5.86%4.80%2.111.1036.20%0.90%7.11%
LYV
LIVE NATION ENTERTAINMENT INC
$24.65B-507.90%2.90%11.78%14.40%-1,078.080.9624.00%2.50%4.72%
AMCX
AMC NETWORKS INC
$535.37M21.40%4.00%11.49%13.60%3.541.7251.00%7.90%17.06%
FOXA
FOX CORP
$14.80B8.10%3.80%6.99%8.90%1.222.2933.00%5.70%9.19%
OB
OUTBRAIN INC
$192.79M4.70%1.50%5.93%5.50%1.981.3519.70%1.10%2.32%
ATEX
ANTERIX INC
$621.53M8.90%5.50%6.00%107.00%0.864.51100.00%447.20%514.41%
MCS
MARCUS CORP
$449.19M3.20%1.40%3.82%2.90%1.260.6239.30%2.00%4.71%
FVRR
FIVERR INTERNATIONAL LTD
$817.76M1.20%0.40%-1.85%-1.50%1.882.8982.90%1.00%-4.18%
CHR
CHEER HOLDING INC
$24.47M13.50%11.40%10.85%38.40%0.176.6474.00%20.00%20.05%
OOMA
OOMA INC
$222.40M2.60%1.30%-0.65%-1.40%1.101.2362.80%0.80%-0.31%
GOGO
GOGO INC
$1.11B-12,493.80%19.10%18.41%10.80%18.194.3766.60%36.60%32.86%
LBRDA
LIBERTY BROADBAND CORP
$8.12B7.80%4.40%7.07%6.40%0.742.4275.00%70.10%111.52%
STCN
STEEL CONNECT INC
$59.71M35.10%5.40%7.11%28.60%1.264.2527.30%11.00%13.98%
VZ
VERIZON COMMUNICATIONS INC
$174.65B12.30%3.10%6.74%7.10%3.100.6959.00%8.70%16.44%
CHTR
CHARTER COMMUNICATIONS INC
$42.63B43.30%3.10%8.46%5.70%11.950.31100.00%8.30%20.76%
TU
TELUS CORP
$23.35B5.10%1.50%2.28%2.40%2.410.6762.50%4.20%5.28%
JFIN
JIAYIN GROUP INC
$370.43M87.50%34.70%N/A40.30%1.49N/A72.20%29.70%32.49%
HAO
HAOXI HEALTH TECHNOLOGY LTD
N/A1,923.70%38.70%64.17%862.80%1.851.437.30%3.40%4.29%
ORAN
ORANGE
$31.00B6.70%2.00%5.21%4.80%2.350.92100.00%4.90%9.64%
GENI
GENIUS SPORTS LTD
$1.31B-14.60%-11.10%-13.86%-127.70%0.351.3416.70%-20.70%-19.89%
PINS
PINTEREST INC
$23.68B-1.20%-1.00%-3.72%-6.80%0.1610.5377.50%-1.20%-3.99%
SEAT
VIVID SEATS INC
$1.23B-42.20%5.40%4.32%122.70%13.760.5074.40%10.50%6.43%
SIRI
SIRIUS XM HOLDINGS INC
$14.99B-42.50%12.40%27.15%18.60%-5.040.3953.00%14.10%21.68%
TRUE
TRUECAR INC
$313.62M-29.90%-23.10%-28.37%-103.20%0.285.6390.00%-31.40%-31.35%
BCE
BCE INC
$31.25B9.90%2.90%7.91%7.30%2.540.6542.20%8.40%19.19%
TMUS
T-MOBILE US INC
$192.28B12.70%4.00%7.68%8.00%2.210.9161.60%10.60%18.25%
CHT
CHUNGHWA TELECOM CO LTD
$30.51B10.00%7.20%10.24%11.90%0.341.5736.50%16.90%21.03%
META
META PLATFORMS INC
$1.26T28.20%18.70%23.99%29.10%0.502.6780.80%29.00%35.16%
KIND
NEXTDOOR HOLDINGS INC
$889.61M-25.60%-21.90%-23.74%-22.80%0.1716.0180.90%-67.70%-67.34%
DASH
DOORDASH INC
$56.11B-8.50%-5.60%-9.14%-29.40%0.591.6446.90%-6.50%-7.86%
IAC
IAC INC
$4.54B4.40%2.60%5.65%8.70%0.602.3669.20%6.10%12.20%
RCI
ROGERS COMMUNICATIONS INC
$21.84B7.80%1.30%5.64%5.10%5.640.89100.00%4.40%17.68%
XNET
XUNLEI LTD
$96.22M4.50%3.00%5.83%10.20%0.452.5644.80%3.90%5.46%
IDT
IDT CORP
$961.43M18.50%7.20%20.20%-325.00%1.381.4331.10%3.10%3.98%
IRDM
IRIDIUM COMMUNICATIONS INC
$3.22B1.60%0.60%3.14%2.00%2.002.0671.50%1.90%10.06%
NWSA
NEWS CORP
$15.01B2.80%1.40%3.61%5.90%0.931.4448.70%2.30%5.03%
PGRU
PROPERTYGURU GROUP LTD
$634.50M-2.50%-2.10%-1.74%21.10%0.183.35100.00%-10.20%-7.14%
T
AT&T INC
$125.53B13.90%3.50%7.12%8.40%2.800.7159.10%11.60%20.69%
SPHR
SPHERE ENTERTAINMENT CO
$1.73B15.40%7.20%11.50%8.30%0.980.6340.10%162.40%174.36%
MDIA
MEDIACO HOLDING INC
$16.34M76.00%33.20%38.37%106.40%0.752.48-2.00%133.30%141.76%
ADTH
ADTHEORENT HOLDING COMPANY INC
$314.53M0.00%0.00%0.93%2.80%0.254.20100.00%0.00%0.94%
TME
TENCENT MUSIC ENTERTAINMENT GROUP
$26.07B9.70%7.20%8.94%19.60%0.334.74N/AN/AN/A
MTCH
MATCH GROUP INC
$9.62B-313.50%15.10%23.56%21.90%-231.582.3971.60%19.40%27.84%
TKC
TURKCELL ILETISIM HIZMETLERI A S
$4.45B9.40%3.90%9.00%12.70%1.151.60186.10%6.80%16.56%
GMGI
GOLDEN MATRIX GROUP INC
$107.65M-2.10%-1.80%0.48%7.10%0.155.1623.90%-1.40%0.35%
EA
ELECTRONIC ARTS INC
$35.26B14.50%8.10%14.61%38.90%0.811.3376.50%14.10%19.72%
IMAX
IMAX CORP
$855.69M9.30%3.10%N/A5.00%1.72N/A57.20%6.80%12.06%
USM
UNITED STATES CELLULAR CORP
$3.06B1.20%0.50%3.08%3.30%1.321.5555.80%1.40%7.76%
MGNI
MAGNITE INC
$1.45B-23.50%-6.40%-9.73%-18.80%2.831.0933.90%-25.70%-20.20%
RDCM
RADCOM LTD
$165.15M4.80%3.60%-0.76%-1.00%0.304.8473.30%7.20%-1.28%
CTV
INNOVID CORP
$343.21M-16.30%-12.80%-14.68%-47.90%0.283.9975.80%-22.80%-23.56%
WPP
WPP PLC
$10.06B3.10%0.40%6.25%9.20%6.750.8617.00%0.70%4.37%
PLTK
PLAYTIKA HOLDING CORP
$2.59B-71.80%8.00%19.03%17.30%-15.332.5072.00%9.20%19.54%
PLAY
DAVE & BUSTER's ENTERTAINMENT INC
$2.47B40.10%3.50%8.64%5.50%16.480.3784.60%6.00%13.05%
TWLO
TWILIO INC
$11.11B-10.20%-8.50%-9.17%-17.20%0.196.6449.20%-24.40%-23.99%
PHI
PLDT INC
$5.28B24.90%4.30%8.77%6.00%4.740.3687.90%12.60%17.17%
ATUS
ALTICE USA INC
$1.20B-13.50%0.20%5.85%5.50%-76.650.3667.20%0.60%18.75%
KT
KT CORP
$7.25B8.00%3.20%8.31%7.80%1.361.19100.00%4.80%9.59%
RBLX
ROBLOX CORP
$23.93B-745.10%-20.00%-35.65%-29.80%79.951.0776.80%-41.20%-39.68%
VIV
TELEFONICA BRASIL SA
$16.71B7.30%4.20%7.86%12.10%0.74N/A43.50%9.70%15.18%
MGAM
MOBILE GLOBAL ESPORTS INC
$3.29M-56.40%-53.60%-74.76%-267.70%0.118.43N/AN/AN/A
DOYU
DOUYU INTERNATIONAL HOLDINGS LTD
$223.84M0.50%0.40%0.55%1.60%0.214.8612.40%0.60%0.66%
FYBR
FRONTIER COMMUNICATIONS PARENT INC
$6.06B0.60%0.10%4.18%3.30%2.921.2263.00%0.50%13.39%
SWAG
STRAN & COMPANY INC
$26.93M0.10%0.10%-2.92%-6.00%0.592.8530.30%0.10%-1.83%
IQ
IQIYI INC
$3.87B17.10%4.20%14.09%26.80%2.660.5727.50%6.00%9.84%
STBX
STARBOX GROUP HOLDINGS LTD
$17.25M3.80%2.40%2.86%26.90%0.138.3492.90%18.30%36.47%

Communication Service Industries

IndustryStocks1d %1w %1m %1y %Zen ScoreP/E ratioP/B RatioROEROAROCEUpside/DownsideConsensus
41-0.39%-2.73%-0.51%+12.13%28.28x3.41x+25.47%+3.28%+11.61%+19.51%Buy
13+1.83%+1.98%-3.33%-29.41%3.30x0.70x-4.99%-2.26%+5.69%+47.46%Buy
23+0.60%-1.52%-4.07%+4.69%8.07x4.24x-101.90%+4.05%+6.09%+24.28%Buy
45+0.27%-0.10%+2.81%+19.25%44.88x2.84x-6.33%+5.00%+9.64%+10.65%Buy
65+0.57%+0.50%+2.07%+31.08%18.14x6.35x+23.73%+17.09%+23.36%+15.13%Buy
54+0.41%-1.19%-3.07%-14.33%112.56x1.64x+1.60%+3.84%+8.20%+38.20%Buy

Communication Service Stocks FAQ

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

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

1. Opera (NASDAQ:OPRA)


Opera (NASDAQ:OPRA) is the top communication service stock with a Zen Score of 68, which is 41 points higher than the communication service sector average of 27. It passed 25 out of 38 due diligence checks and has strong fundamentals. Opera has seen its stock return 65.18% over the past year, overperforming other communication service stocks by 57 percentage points.

Opera has an average 1 year price target of $20.75, an upside of 30.59% from Opera's current stock price of $15.89.

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.

2. Interdigital (NASDAQ:IDCC)


Interdigital (NASDAQ:IDCC) is the second best 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 44.63% over the past year, overperforming other communication service stocks by 37 percentage points.

3. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the third best communication service stock with a Zen Score of 65, which is 38 points higher than the communication service sector average of 27. It passed 21 out of 33 due diligence checks and has strong fundamentals. Gravity Co has seen its stock return 31.94% over the past year, overperforming other communication service stocks by 24 percentage points.

What are the communication service stocks with highest dividends?

Out of 52 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 104.29%, which is 98 percentage points higher than the communication service sector average of 6.19%.

Trivago Nv's dividend payout ratio of -108.3% indicates that its high dividend yield might not be sustainable for the long-term.

2. Saga Communications (NASDAQ:SGA)


Saga Communications (NASDAQ:SGA) has an annual dividend yield of 16.1%, which is 10 percentage points higher than the communication service sector average of 6.19%. 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.

3. Entravision Communications (NYSE:EVC)


Entravision Communications (NYSE:EVC) has an annual dividend yield of 12.27%, which is 6 percentage points higher than the communication service sector average of 6.19%. 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 -111.1% indicates that its high dividend yield might not be sustainable for the long-term.

Why are communication service stocks up?

Communication service stocks were up 0.38% in the last day, and down -0.56% over the last week. Trump Media & Technology Group was the among the top gainers in the communication services sector, gaining 14.19% yesterday.

Trump Media & Technology Group Corp. shares are trading higher following the stock's Nasdaq debut.

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. Gravity Co (NASDAQ:GRVY)


Gravity Co (NASDAQ:GRVY) is the most undervalued communication service stock based on WallStreetZen's Valuation Score. Gravity Co has a valuation score of 100, which is 73 points higher than the communication service sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Gravity Co's stock has gained 31.94% in the past year. It has overperformed other stocks in the communication service sector by 24 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 73 points higher than the communication service sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has gained 2.14% 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 73 points higher than the communication service sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Opera's stock has gained 65.18% in the past year. It has overperformed other stocks in the communication service sector by 57 percentage points.

Are communication service stocks a good buy now?

41.43% of communication service stocks rated by analysts are a strong buy right now. On average, analysts expect communication service stocks to rise by 21% 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 40.31x.
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.