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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
MNST
MONSTER BEVERAGE CORP
$52.95B$7.34B$2.23B$1.68B$1.6013.08%13.47%29.03%11.34%2024-08-01
COCO
VITA COCO COMPANY INC
$1.57B$495.55M$69.35M$54.16M$0.9612.34%N/A336.36%N/A2024-07-31
CELH
CELSIUS HOLDINGS INC
$13.73B$1.41B$370.40M$215.32M$0.9381.22%91.41%N/A147.73%2024-08-06
FIZZ
NATIONAL BEVERAGE CORP
$4.76B$1.19B$264.05M$176.73M$1.891.60%3.28%24.34%4.59%2024-09-05
PRMW
PRIMO WATER CORP
$3.33B$1.68B$532.30M$257.30M$1.616.19%0.23%519.23%140.52%2024-08-08
COKE
COCA-COLA CONSOLIDATED INC
$10.15B$6.67B$771.31M$455.99M$48.644.80%7.43%0.25%N/A2024-07-31
KO
COCA COLA CO
$274.42B$46.07B$15.42B$10.78B$2.505.93%5.84%10.13%9.75%2024-07-23
PEP
PEPSICO INC
$228.53B$92.05B$16.30B$9.52B$6.932.13%7.10%20.94%-5.26%
CCEP
COCA-COLA EUROPACIFIC PARTNERS PLC
$34.03B$19.89B$3.31B$1.81B$3.9610.37%8.96%15.18%13.35%
KOF
COCA COLA FEMSA SAB DE CV
$19.43B$14.74B$2.76B$1.17B$5.5824.15%9.21%17.91%10.06%2024-07-19
AKO.B
ANDINA BOTTLING CO INC
$3.04B$2.67B$329.34M$174.96M$1.16-4.64%4.33%32.14%6.98%
KDP
KEURIG DR PEPPER INC
$44.22B$14.93B$3.95B$2.17B$1.564.17%10.66%67.74%21.88%2024-07-25
ZVIA
ZEVIA PBC
$61.81M$161.92M-$30.45M-$32.61M-$0.48-3.87%N/AN/AN/A2024-08-06
OTLY
OATLY GROUP AB
$601.01M$786.86M-$243.27M-$387.10M-$0.664.68%N/AN/AN/A
BRFH
BARFRESH FOOD GROUP INC
$64.33M$8.87M-$2.00M-$2.37M-$0.181.58%14.80%N/AN/A2024-08-12
SHOT
SAFETY SHOT INC
$55.84M$2.68M-$28.98M-$29.45M-$0.75-13.98%N/AN/AN/A

Beverage Stocks FAQ

What are the best beverage stocks to buy right now in Jul 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 65, which is 22 points higher than the beverage industry average of 43. It passed 21 out of 33 due diligence checks and has strong fundamentals. Monster Beverage has seen its stock lose -9.57% over the past year, underperforming other beverage stocks by -49 percentage points.

Monster Beverage has an average 1 year price target of $58.21, an upside of 14.53% from Monster Beverage's current stock price of $50.83.

Monster Beverage stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Monster Beverage, 50% have issued a Strong Buy rating, 7.14% have issued a Buy, 28.57% have issued a hold, while 7.14% have issued a Sell rating, and 7.14% 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 64, which is 21 points higher than the beverage industry average of 43. It passed 21 out of 33 due diligence checks and has strong fundamentals. Vita Coco Company has seen its stock return 15.93% over the past year, underperforming other beverage stocks by -23 percentage points.

Vita Coco Company has an average 1 year price target of $30.00, an upside of 8.46% from Vita Coco Company's current stock price of $27.66.

Vita Coco Company stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Vita Coco Company, 60% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Celsius Holdings (NASDAQ:CELH)


Celsius Holdings (NASDAQ:CELH) is the third best beverage stock with a Zen Score of 60, which is 17 points higher than the beverage industry average of 43. It passed 21 out of 33 due diligence checks and has strong fundamentals. Celsius Holdings has seen its stock return 17.93% over the past year, underperforming other beverage stocks by -21 percentage points.

Celsius Holdings has an average 1 year price target of $81.85, an upside of 38.96% from Celsius Holdings's current stock price of $58.90.

Celsius Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Celsius Holdings, 61.54% have issued a Strong Buy rating, 15.38% have issued a Buy, 23.08% 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. National Beverage (NASDAQ:FIZZ)


National Beverage (NASDAQ:FIZZ) has an annual dividend yield of 6.39%, which is 4 percentage points higher than the beverage industry average of 2.81%. 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 172% indicates that its high dividend yield might not be sustainable for the long-term.

2. Pepsico (NASDAQ:PEP)


Pepsico (NASDAQ:PEP) has an annual dividend yield of 3.1%, which is the same as the beverage industry average of 2.81%. 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 74.3% indicates that its dividend yield is sustainable for the long-term.

3. Coca Cola (NYSE:KO)


Coca Cola (NYSE:KO) has an annual dividend yield of 2.97%, which is the same as the beverage industry average of 2.81%. 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 74.6% indicates that its dividend yield is sustainable for the long-term.

Why are beverage stocks up?

Beverage stocks were up 0.46% in the last day, and up 1.05% 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 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 38 points higher than the beverage industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Europacific Partners's stock has gained 14.94% in the past year. It has underperformed other stocks in the beverage industry by -24 percentage points.

2. Coca Cola Consolidated (NASDAQ:COKE)


Coca Cola Consolidated (NASDAQ:COKE) is the second most undervalued beverage stock based on WallStreetZen's Valuation Score. Coca Cola Consolidated has a valuation score of 71, which is 38 points higher than the beverage industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Consolidated's stock has gained 76.09% in the past year. It has overperformed other stocks in the beverage industry by 37 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 38 points higher than the beverage industry average of 33. It passed 5 out of 7 valuation due diligence checks.

Keurig Dr Pepper's stock has gained 4.32% in the past year. It has underperformed other stocks in the beverage industry by -35 percentage points.

Are beverage stocks a good buy now?

50% of beverage stocks rated by analysts are a buy right now. On average, analysts expect beverage stocks to rise by 13.68% 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 25.17x.
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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.