WallStreetZenWallStreetZen

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
OverviewZen ScorePriceValuationFinancialsForecastEarnings & Revenue
DividendsOwnershipTechnicals
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
COCO
VITA COCO COMPANY INC
$1.51B$495.55M$69.35M$54.16M$0.9612.34%N/A336.36%N/A2024-06-04
KO
COCA COLA CO
$272.52B$46.07B$15.42B$10.78B$2.505.93%5.84%10.13%9.75%
PRMW
PRIMO WATER CORP
$3.39B$1.68B$532.30M$257.30M$1.616.19%0.23%519.23%140.52%
COKE
COCA-COLA CONSOLIDATED INC
$8.92B$6.67B$771.31M$455.99M$48.644.80%7.43%0.25%N/A
MNST
MONSTER BEVERAGE CORP
$57.77B$7.34B$2.23B$1.68B$1.6013.08%13.47%29.03%11.34%2024-06-13
FIZZ
NATIONAL BEVERAGE CORP
$4.50B$1.18B$253.81M$169.31M$1.810.91%3.01%19.87%2.24%2024-06-26
CCEP
COCA-COLA EUROPACIFIC PARTNERS PLC
$33.90B$19.89B$3.31B$1.81B$3.9610.37%8.96%15.18%13.35%2024-05-22
CELH
CELSIUS HOLDINGS INC
$19.30B$1.41B$370.40M$215.32M$0.9381.22%91.41%N/A147.73%2024-05-28
PEP
PEPSICO INC
$247.17B$91.88B$15.82B$9.18B$6.684.36%7.17%40.04%-5.60%2024-07-11
KDP
KEURIG DR PEPPER INC
$46.13B$14.93B$3.95B$2.17B$1.564.17%10.66%67.74%21.88%2024-06-10
KOF
COCA COLA FEMSA SAB DE CV
$21.82B$14.74B$2.76B$1.17B$5.5824.15%9.21%17.91%10.06%
AKO.B
ANDINA BOTTLING CO INC
$3.06B$2.67B$329.34M$174.96M$1.16-4.64%4.33%32.14%6.98%
ZVIA
ZEVIA PBC
$64.42M$161.92M-$30.45M-$32.61M-$0.48-3.87%N/AN/AN/A2024-05-16
OTLY
OATLY GROUP AB
$731.92M$786.86M-$243.27M-$387.10M-$0.664.68%N/AN/AN/A2024-05-15
SHOT
SAFETY SHOT INC
$59.06M$202.67k-$14.70M-$15.08M-$0.4968.01%N/AN/AN/A
BRFH
BARFRESH FOOD GROUP INC
$27.13M$8.13M-$2.42M-$2.82M-$0.21-11.30%13.92%N/AN/A2024-05-15
1

Beverage Stocks FAQ

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

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

1. Vita Coco Company (NASDAQ:COCO)


Vita Coco Company (NASDAQ:COCO) is the top beverage stock with a Zen Score of 56, which is 16 points higher than the beverage industry average of 40. It passed 18 out of 33 due diligence checks and has strong fundamentals. Vita Coco Company has seen its stock return 9.45% over the past year, underperforming other beverage stocks by -19 percentage points.

Vita Coco Company has an average 1 year price target of $29.67, an upside of 11.32% from Vita Coco Company's current stock price of $26.65.

Vita Coco Company stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Vita Coco Company, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% 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 15 points higher than the beverage industry average of 40. It passed 20 out of 38 due diligence checks and has strong fundamentals. Coca Cola has seen its stock lose -0.38% over the past year, underperforming other beverage stocks by -29 percentage points.

Coca Cola has an average 1 year price target of $68.83, an upside of 8.81% from Coca Cola's current stock price of $63.26.

Coca Cola stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Coca Cola, 66.67% have issued a Strong Buy rating, 16.67% 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. 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 51.61% over the past year, overperforming other beverage stocks by 23 percentage points.

Primo Water has an average 1 year price target of $21.25, an upside of 0.33% from Primo Water's current stock price of $21.18.

Primo Water stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Primo Water, 50% have issued a Strong Buy rating, 25% 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 7 beverage stocks that have issued dividends in the past year, the 3 beverage stocks with the highest dividend yields are:

1. Coca Cola (NYSE:KO)


Coca Cola (NYSE:KO) has an annual dividend yield of 2.95%, which is 1 percentage points higher than the beverage industry average of 2.23%. 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.

2. Pepsico (NASDAQ:PEP)


Pepsico (NASDAQ:PEP) has an annual dividend yield of 2.81%, which is 1 percentage points higher than the beverage industry average of 2.23%. 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 75.7% indicates that its dividend yield is sustainable for the long-term.

3. Coca Cola Europacific Partners (NASDAQ:CCEP)


Coca Cola Europacific Partners (NASDAQ:CCEP) has an annual dividend yield of 2.73%, which is the same as the beverage industry average of 2.23%. Coca Cola Europacific Partners's dividend payout is not stable, having dropped more than 10% three times in the last 10 years. Coca Cola Europacific Partners's dividend has shown consistent growth over the last 10 years.

Coca Cola Europacific Partners's dividend payout ratio of 50.7% indicates that its dividend yield is sustainable for the long-term.

Why are beverage stocks up?

Beverage stocks were up 0.44% in the last day, and up 7.66% 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. Keurig Dr Pepper (NASDAQ:KDP)


Keurig Dr Pepper (NASDAQ:KDP) is the most undervalued beverage stock based on WallStreetZen's Valuation Score. Keurig Dr Pepper has a valuation score of 86, which is 49 points higher than the beverage industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Keurig Dr Pepper's stock has gained 4.42% 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 34 points higher than the beverage industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Consolidated's stock has gained 51.15% in the past year. It has overperformed other stocks in the beverage industry by 22 percentage points.

3. Coca Cola Europacific Partners (NASDAQ:CCEP)


Coca Cola Europacific Partners (NASDAQ:CCEP) is the third most undervalued beverage stock based on WallStreetZen's Valuation Score. Coca Cola Europacific Partners has a valuation score of 71, which is 34 points higher than the beverage industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Europacific Partners's stock has gained 11.88% in the past year. It has underperformed other stocks in the beverage industry by -17 percentage points.

Are beverage stocks a good buy now?

63.64% of beverage stocks rated by analysts are a strong buy right now. On average, analysts expect beverage stocks to rise by 6.59% 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 27.36x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
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.