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Sectors & IndustriesConsumer DefensiveBeverages - Non-Alcoholic
Best Beverage Stocks to Buy Now (2024)
Top beverage stocks in 2024 ranked by overall Zen Score. See the best beverage stocks to buy now, according to analyst forecasts for the beverages - non-alcoholic industry.

Industry: Beverages - Non-Alcoholic
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
CELH
CELSIUS HOLDINGS INC
$14.18B$61.19$72.1017.83%Strong Buy1036.54%32.01%N/AN/A
KO
COCA COLA CO
$264.09B$61.24$64.335.05%Strong Buy63.34%9.17%56.87%15.10%
MNST
MONSTER BEVERAGE CORP
$57.37B$55.14$59.137.23%Buy811.14%4.57%N/AN/A
COKE
COCA-COLA CONSOLIDATED INC
$7.89B$841.60N/AN/AN/AN/AN/AN/AN/AN/A
PRMW
PRIMO WATER CORP
$2.42B$15.19$21.0038.25%Strong Buy2-2.67%60.90%N/AN/A
COCO
VITA COCO COMPANY INC
$1.19B$21.05$28.6035.87%Buy59.69%N/AN/AN/A
CCEP
COCA-COLA EUROPACIFIC PARTNERS PLC
$31.51B$68.65$74.007.79%Strong Buy53.31%-6.13%N/AN/A
AKO.B
ANDINA BOTTLING CO INC
$2.39B$15.13N/AN/AN/AN/A4.60%30.68%N/AN/A
PEP
PEPSICO INC
$232.04B$168.83$186.5610.50%Buy94.37%11.93%N/AN/A
KOF
COCA COLA FEMSA SAB DE CV
$22.00B$100.70$104.794.06%Strong Buy2198.15%246.48%N/AN/A
KDP
KEURIG DR PEPPER INC
$44.19B$31.60$36.6716.03%Buy63.95%35.72%N/AN/A
FIZZ
NATIONAL BEVERAGE CORP
$4.71B$50.48N/AN/AN/AN/A6.45%19.32%48.38%33.59%
ZVIA
ZEVIA PBC
$105.58M$1.48$3.50136.49%Hold215.38%N/A-36.64%-31.88%
BRFH
BARFRESH FOOD GROUP INC
$14.62M$1.05N/AN/AN/AN/AN/AN/AN/AN/A
OTLY
OATLY GROUP AB
$713.53M$1.20$2.0872.92%Buy46.44%N/AN/AN/A

Beverage Stocks FAQ

What are the best beverage stocks to buy right now in Feb 2024?

According to Zen Score, the 3 best non-alcoholic beverage stocks to buy right now are:

1. Celsius Holdings (NASDAQ:CELH)


Celsius Holdings (NASDAQ:CELH) is the top beverage stock with a Zen Score of 55, which is 14 points higher than the beverage industry average of 41. It passed 19 out of 33 due diligence checks and has strong fundamentals. Celsius Holdings has seen its stock return 111.22% over the past year, overperforming other beverage stocks by 75 percentage points.

Celsius Holdings has an average 1 year price target of $72.10, an upside of 17.83% from Celsius Holdings's current stock price of $61.19.

Celsius Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Celsius Holdings, 60% have issued a Strong Buy rating, 20% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Coca Cola (NYSE:KO)


Coca Cola (NYSE:KO) is the second best beverage stock with a Zen Score of 55, which is 14 points higher than the beverage industry average of 41. It passed 20 out of 38 due diligence checks and has strong fundamentals. Coca Cola has seen its stock return 2.41% over the past year, underperforming other beverage stocks by -34 percentage points.

Coca Cola has an average 1 year price target of $64.33, an upside of 5.05% from Coca Cola's current stock price of $61.24.

Coca Cola stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Coca Cola, 83.33% have issued a Strong Buy rating, 0% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Coca Cola Consolidated (NASDAQ:COKE)


Coca Cola Consolidated (NASDAQ:COKE) is the third best beverage stock with a Zen Score of 53, which is 12 points higher than the beverage industry average of 41. It passed 19 out of 38 due diligence checks and has strong fundamentals. Coca Cola Consolidated has seen its stock return 62.11% over the past year, overperforming other beverage stocks by 26 percentage points.

What are the beverage stocks with highest dividends?

Out of 7 beverage stocks that have issued dividends in the past year, the 3 beverage stocks with the highest dividend yields are:

1. Coca Cola Femsa Sab De Cv (NYSE:KOF)


Coca Cola Femsa Sab De Cv (NYSE:KOF) has an annual dividend yield of 3.17%, which is 1 percentage points higher than the beverage industry average of 2.54%. Coca Cola Femsa Sab De Cv's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Coca Cola Femsa Sab De Cv's dividend has shown consistent growth over the last 10 years.

Coca Cola Femsa Sab De Cv's dividend payout ratio of 1,016.1% indicates that its dividend yield might not be sustainable for the long-term.

2. Coca Cola (NYSE:KO)


Coca Cola (NYSE:KO) has an annual dividend yield of 3%, which is the same as the beverage industry average of 2.54%. Coca Cola's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Coca Cola's dividend has shown consistent growth over the last 10 years.

Coca Cola's dividend payout ratio of 74.2% indicates that its dividend yield is sustainable for the long-term.

3. Pepsico (NASDAQ:PEP)


Pepsico (NASDAQ:PEP) has an annual dividend yield of 2.93%, which is the same as the beverage industry average of 2.54%. Pepsico's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Pepsico's dividend has shown consistent growth over the last 10 years.

Pepsico's dividend payout ratio of 75% indicates that its dividend yield is sustainable for the long-term.

Why are beverage stocks up?

Beverage stocks were up 0.27% in the last day, and down 0% over the last week.

We couldn't find a catalyst for why beverage stocks are up.

What are the most undervalued beverage stocks?

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

1. Coca Cola Consolidated (NASDAQ:COKE)


Coca Cola Consolidated (NASDAQ:COKE) is the most undervalued beverage stock based on WallStreetZen's Valuation Score. Coca Cola Consolidated has a valuation score of 86, which is 47 points higher than the beverage industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Coca Cola Consolidated's stock has gained 62.11% in the past year. It has overperformed other stocks in the beverage industry by 26 percentage points.

2. Coca Cola Europacific Partners (NASDAQ:CCEP)


Coca Cola Europacific Partners (NASDAQ:CCEP) is the second most undervalued beverage stock based on WallStreetZen's Valuation Score. Coca Cola Europacific Partners has a valuation score of 71, which is 32 points higher than the beverage industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Europacific Partners's stock has gained 25% in the past year. It has underperformed other stocks in the beverage industry by -11 percentage points.

3. Keurig Dr Pepper (NASDAQ:KDP)


Keurig Dr Pepper (NASDAQ:KDP) is the third most undervalued beverage stock based on WallStreetZen's Valuation Score. Keurig Dr Pepper has a valuation score of 71, which is 32 points higher than the beverage industry average of 39. It passed 5 out of 7 valuation due diligence checks.

Keurig Dr Pepper's stock has dropped -11.11% in the past year. It has underperformed other stocks in the beverage industry by -47 percentage points.

Are beverage stocks a good buy now?

45.45% of beverage stocks rated by analysts are a strong buy right now. On average, analysts expect beverage stocks to rise by 11.34% over the next year.

What is the average p/e ratio of the beverages - non-alcoholic industry?

The average P/E ratio of the beverages - non-alcoholic industry is 38.78x.
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