Sectors & Industries Consumer 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

Overview Zen Score Price Valuation Financials Forecast

Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
MNST	MONSTER BEVERAGE CORP	$49.30B	$50.33	$53.73	6.76%	Buy	15	6.68%	10.01%	41.05%	29.88%
COCO	VITA COCO COMPANY INC	$1.50B	$26.40	$30.50	15.53%	Buy	4	7.65%	10.50%	39.16%	28.12%
PRMW	PRIMO WATER CORP	$3.74B	$23.34	$24.25	3.90%	Buy	4	9.81%	-9.69%	N/A	N/A
COKE	COCA-COLA CONSOLIDATED INC	$11.28B	$1,287.56	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
PEP	PEPSICO INC	$244.23B	$177.81	$185.00	4.04%	Buy	10	3.53%	10.67%	70.82%	13.84%
FIZZ	NATIONAL BEVERAGE CORP	$4.18B	$44.62	$45.00	0.85%	Strong Sell	1	N/A	N/A	N/A	N/A
CELH	CELSIUS HOLDINGS INC	$7.57B	$32.50	$56.93	75.17%	Strong Buy	14	9.18%	6.91%	81.29%	19.66%
CCEP	COCA-COLA EUROPACIFIC PARTNERS PLC	$36.58B	$79.66	$85.50	7.33%	Strong Buy	4	5.94%	8.67%	N/A	N/A
KO	COCA COLA CO	$308.37B	$71.55	$71.21	-0.47%	Strong Buy	14	2.84%	9.44%	57.60%	14.71%
KOF	COCA COLA FEMSA SAB DE CV	$18.25B	$83.52	$106.33	27.31%	Strong Buy	3	5.53%	10.66%	N/A	N/A
AKO.B	ANDINA BOTTLING CO INC	$2.84B	$17.98	N/A	N/A	N/A	N/A	9.59%	10.32%	207.22%	62.86%
KDP	KEURIG DR PEPPER INC	$50.45B	$37.20	$37.22	0.06%	Strong Buy	9	3.27%	12.10%	13.11%	6.19%
ZVIA	ZEVIA PBC	$77.08M	$1.06	$1.42	33.68%	Hold	3	4.32%	N/A	-33.94%	-34.97%
OTLY	OATLY GROUP AB	$536.62M	$0.90	$1.05	16.67%	Hold	1	6.50%	N/A	-2.44%	-0.64%
BRFH	BARFRESH FOOD GROUP INC	$50.28M	$3.41	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SHOT	SAFETY SHOT INC	$63.98M	$1.23	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Beverage Stocks FAQ

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

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

1. Monster Beverage (NASDAQ:MNST)

Monster Beverage (NASDAQ:MNST) is the top beverage stock with a Zen Score of 60, which is 20 points higher than the beverage industry average of 40. It passed 20 out of 33 due diligence checks and has strong fundamentals. Monster Beverage has seen its stock lose -11.36% over the past year, underperforming other beverage stocks by -57 percentage points.

Monster Beverage has an average 1 year price target of $53.73, an upside of 6.76% from Monster Beverage's current stock price of $50.33.

Monster Beverage stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Monster Beverage, 40% have issued a Strong Buy rating, 13.33% have issued a Buy, 33.33% have issued a hold, while 6.67% have issued a Sell rating, and 6.67% have issued a Strong Sell.

2. Vita Coco Company (NASDAQ:COCO)

Vita Coco Company (NASDAQ:COCO) is the second best beverage stock with a Zen Score of 59, which is 19 points higher than the beverage industry average of 40. It passed 20 out of 33 due diligence checks and has strong fundamentals. Vita Coco Company has seen its stock lose -14.65% over the past year, underperforming other beverage stocks by -60 percentage points.

Vita Coco Company has an average 1 year price target of $30.50, an upside of 15.53% from Vita Coco Company's current stock price of $26.40.

Vita Coco Company stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Vita Coco Company, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Primo Water (NYSE:PRMW)

Primo Water (NYSE:PRMW) is the third best beverage stock with a Zen Score of 53, which is 13 points higher than the beverage industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Primo Water has seen its stock return 56.96% over the past year, overperforming other beverage stocks by 11 percentage points.

Primo Water has an average 1 year price target of $24.25, an upside of 3.9% from Primo Water's current stock price of $23.34.

Primo Water stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Primo Water, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the beverage stocks with highest dividends?

Out of 8 beverage stocks that have issued dividends in the past year, the 3 beverage stocks with the highest dividend yields are:

1. Andina Bottling Co (NYSE:AKO.B)

Andina Bottling Co (NYSE:AKO.B) has an annual dividend yield of N/A, which is N/A percentage points lower than the beverage industry average of 3.18%. Andina Bottling Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Andina Bottling Co's dividend has shown consistent growth over the last 10 years.

Andina Bottling Co's dividend payout ratio of 93.2% indicates that its dividend yield might not be sustainable for the long-term.

2. National Beverage (NASDAQ:FIZZ)

National Beverage (NASDAQ:FIZZ) has an annual dividend yield of 7.28%, which is 4 percentage points higher than the beverage industry average of 3.18%. National Beverage's dividend payout is stable, having never dropped by more than 10% in the last 10 years. National Beverage's dividend has shown consistent growth over the last 10 years.

National Beverage's dividend payout ratio of 165% indicates that its high dividend yield might not be sustainable for the long-term.

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

Coca Cola Femsa Sab De Cv (NYSE:KOF) has an annual dividend yield of 4%, which is 1 percentage points higher than the beverage industry average of 3.18%. Coca Cola Femsa Sab De Cv's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Coca Cola Femsa Sab De Cv's dividend has not shown consistent growth over the last 10 years.

Coca Cola Femsa Sab De Cv's dividend payout ratio of 73.6% indicates that its dividend yield is sustainable for the long-term.

Why are beverage stocks down?

Beverage stocks were down -3.43% in the last day, and down -2.35% over the last week.

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

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 Europacific Partners (NASDAQ:CCEP)

Coca Cola Europacific Partners (NASDAQ:CCEP) is the most undervalued beverage stock based on WallStreetZen's Valuation Score. Coca Cola Europacific Partners has a valuation score of 71, which is 42 points higher than the beverage industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Europacific Partners's stock has gained 27.7% in the past year. It has underperformed other stocks in the beverage industry by -18 percentage points.

2. Keurig Dr Pepper (NASDAQ:KDP)

Keurig Dr Pepper (NASDAQ:KDP) is the second most undervalued beverage stock based on WallStreetZen's Valuation Score. Keurig Dr Pepper has a valuation score of 71, which is 42 points higher than the beverage industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Keurig Dr Pepper's stock has gained 10.95% in the past year. It has underperformed other stocks in the beverage industry by -35 percentage points.

3. National Beverage (NASDAQ:FIZZ)

National Beverage (NASDAQ:FIZZ) is the third most undervalued beverage stock based on WallStreetZen's Valuation Score. National Beverage has a valuation score of 43, which is 14 points higher than the beverage industry average of 29. It passed 3 out of 7 valuation due diligence checks.

National Beverage's stock has dropped -8.26% in the past year. It has underperformed other stocks in the beverage industry by -54 percentage points.

Are beverage stocks a good buy now?

41.67% of beverage stocks rated by analysts are a strong buy right now. On average, analysts expect beverage stocks to rise by 11.01% 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 26.66x.

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.