Making a Splash: Six advertising stocks that are hard to miss

5 min read | July 29, 2021 10:51 AM PDT | By Team Kalkine Media

Summary

  • Interpublic (NYSE:IPG) revenue for the June quarter was US$2.5 billion, a 24% jump YoY. The stock grew over 50% YTD. 
  • MSCI (NYSE:MSCI) net income was up 44% YoY; stock surged 32.18% YTD. 
  • Criteo (NASDAQ:CRTO) has a P/E ratio of 32.12. Its share gained 97.07% YTD. 

The advertising world is rapidly changing with technological advancement. As a result, many new and disruptive channels are launched, or in the offing, to reach out to customers. This impetus has increased the competition, giving clients options to choose from a plethora of products and services.

Consequently, advertising companies are adopting new technologies and methods today to win consumer confidence and capture a larger market share.

Here we discuss six advertising stocks that have given positive YTD stock growth.

Interpublic Group of Companies, Inc. (NYSE:IPG) is a holding company and provides both traditional and digital advertising services, and other services. 

Its market capitalization is US$13.96 billion and a P/E ratio of 18.86. The dividend yield is 3.03%, and annualized dividend is US$1.08.

Its total revenue for the June quarter of 2021 was US$2.5 billion, a 24% increase YoY and net income was US$263 million compared to a net loss of US$45.6 million in the June quarter of 2020. The earnings per share diluted was US$0.66. 

IPG will pay a dividend of US$0.27 per share of common stock to shareholders on record on September 1, 2021. It will be paid on September 15, 2021.

The stock grew by around 50% YTD. It closed at US$35.25 on July 28.

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Source: Pixabay

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MSCI Inc. (NYSE:MSCI) provides support tools and services to the investment community globally for critical decision making.

It has a market capitalization of US$48.62 billion and a P/E ratio of 70.4. The dividend yield is 0.54% and an annualized dividend of US$ 4.16.

The revenue for the June quarter, 2021 was US$ 498 million, a 22% increase YOY. Its net income was US$165.42 million, reflecting a 44% year-over-year growth. The EPS diluted was US$1.99 compared to US$1.36 for the June quarter of 2020.

The stock closed at US$591.84 on July 28. The MSCI stock surged more than 32% YTD. 

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Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) provides outdoor advertising through street displays, transit displays, billboards, and out-of-home advertising displays.

CCO holds a market capitalization of US$1.1 billion, and it does not pay a dividend.

In the first quarter ended March 31, 2021, its revenue was US$370.9 million, and net loss was US$332.35 million compared to revenue of US$550.8 million and a net loss of US$277.5 million in the same quarter of 2020. The net loss per share diluted was US$0.71 compared to US$0.60 in the prior year March quarter. 

The stock gained over 30% YTD. It closed at US$2.39 on July 28.

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TransUnion (NYSE:TRU) provides consumer information, fraud detection, marketing, and analytical services.

It has a market capitalization of US$22.73 billion and a P/E ratio of 49.87. Its current dividend yield is 0.33%, and its annualized dividend is US$0.38.

For the June quarter, its revenue was US$774.2 million, and net income attributable to the company was US$127.6 million, showing an increase of 22% and 86% for revenue and net income, respectively. Earnings per share diluted were US$0.66 compared to US$0.36 in the June quarter of 2020.

TRU stock closed at US$118.34 on July 28. It gained around 18% YTD.  

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Omnicom Group Inc. (NYSE:OMC) provides traditional and digital advertising and public relations services, primarily in North America and Europe.

Its market capitalization is US$15.70 billion and has a P/E ratio of 11.77. The dividend yield is 3.82% and pays an annual dividend of US$2.80. 

The revenue for the second quarter ended June 30 was US$3.57 billion, and net income was US$348 million compared to revenue of US$2.8 billion and a net loss of US$24.2 million in the corresponding quarter the previous year. The net income per share diluted was US$1.60 compared to a net loss diluted per share of US$0.11 in the same period a year ago.

The stock rose around 16% YTD. It closed on July 28, 2021, at US$72.82.

Also Read: Seven blue-chip stocks that investors are watching right now

Source: Pixabay

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Criteo S.A. (NASDAQ:CRTO) is an ad-tech company in the digital ad market. It offers advertisers to launch multichannel across-device marketing campaigns, with a facility to do real-time investment analysis of the ads.

Its market capitalization is US$ 2.46 billion and has a P/E ratio of 32.12. CRTO does not provide any dividends. It will release its Q2 results on August 4.

In the March quarter of 2021, the company reported revenue of US$ 541 million, an approximately 8% increase YoY. Its net income was US$23.45 million compared to US$16.43 million for the same quarter in 2020. The EPS diluted was US$0.35 against US$0.25 in the March quarter of 2020.

CRTO share gained 97.07% YTD. The stock closed at US$40.3 on July 28, 2021.

Please note: The above constitutes a preliminary view and any interest in stocks/cryptocurrencies should be evaluated further from an investment point of view.

The reference data in this article has been partly sourced from EODHD/Others.


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