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
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
KO
COCA COLA CO
$254.65B3.16%74.20%$0.4850$1.8756%0
MNST
MONSTER BEVERAGE CORP
$56.95BN/A0.00%N/AN/AN/AN/A
CELH
CELSIUS HOLDINGS INC
$18.83BN/A0.00%N/AN/AN/AN/A
COKE
COCA-COLA CONSOLIDATED INC
$7.69B2.19%41.30%$16.5000$18.0043%1
COCO
VITA COCO COMPANY INC
$1.44BN/A0.00%N/AN/AN/AN/A
CCEP
COCA-COLA EUROPACIFIC PARTNERS PLC
$31.18B2.96%50.70%$1.2723$2.0154%2
PRMW
PRIMO WATER CORP
$2.83B1.86%21.50%$0.0900$0.3338%0
KDP
KEURIG DR PEPPER INC
$42.77BN/A39.40%$0.2000N/AN/A1
PEP
PEPSICO INC
$231.40B3.01%75.00%$1.2650$5.0655%0
FIZZ
NATIONAL BEVERAGE CORP
$4.37BN/A0.00%$3.0000N/AN/A0
KOF
COCA COLA FEMSA SAB DE CV
$20.80B3.35%1,016.10%$1.5883$3.1959%32024-04-122024-04-26
AKO.B
ANDINA BOTTLING CO INC
$2.62B1.37%93.20%$0.2269$0.2327%3
ZVIA
ZEVIA PBC
$77.60MN/A0.00%N/AN/AN/AN/A
BRFH
BARFRESH FOOD GROUP INC
$16.03MN/A0.00%N/AN/AN/AN/A
OTLY
OATLY GROUP AB
$606.96MN/A0.00%N/AN/AN/AN/A
SHOT
SAFETY SHOT INC
$114.19MN/A0.00%N/AN/AN/AN/A

Beverage Stocks FAQ

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

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

1. Coca Cola (NYSE:KO)


Coca Cola (NYSE:KO) is the top 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 -5.64% over the past year, underperforming other beverage stocks by -35 percentage points.

Coca Cola has an average 1 year price target of $65.17, an upside of 10.36% from Coca Cola's current stock price of $59.05.

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.

2. Monster Beverage (NASDAQ:MNST)


Monster Beverage (NASDAQ:MNST) is the second best beverage stock with a Zen Score of 54, which is 14 points higher than the beverage industry average of 40. It passed 17 out of 33 due diligence checks and has strong fundamentals. Monster Beverage has seen its stock return 4.69% over the past year, underperforming other beverage stocks by -25 percentage points.

Monster Beverage has an average 1 year price target of $61.40, an upside of 12.19% from Monster Beverage's current stock price of $54.73.

Monster Beverage stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Monster Beverage, 50% have issued a Strong Buy rating, 10% have issued a Buy, 40% 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 13 points higher than the beverage industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Coca Cola Consolidated has seen its stock return 53.96% over the past year, overperforming other beverage stocks by 24 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 3.35%, which is 1 percentage points higher than the beverage industry average of 2.56%. 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 3.16%, which is 1 percentage points higher than the beverage industry average of 2.56%. 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 3.01%, which is the same as the beverage industry average of 2.56%. 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 0.56% in the last day, and down -0.28% 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 49 points higher than the beverage industry average of 37. It passed 6 out of 7 valuation due diligence checks.

Coca Cola Consolidated's stock has gained 53.96% in the past year. It has overperformed other stocks in the beverage industry by 24 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 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 14.5% in the past year. It has underperformed other stocks in the beverage industry by -15 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 34 points higher than the beverage industry average of 37. It passed 5 out of 7 valuation due diligence checks.

Keurig Dr Pepper's stock has dropped -12.57% in the past year. It has underperformed other stocks in the beverage industry by -42 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 12.39% 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 37.06x.
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.