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Sectors & IndustriesConsumer DefensiveBeverages - Non-Alcoholic
Best Beverage Stocks to Buy Now (2023)
Top beverage stocks in 2023 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 & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
COKE
COCA-COLA CONSOLIDATED INC
United States
$4.92B9,373,68937.50%33.57%
KO
COCA COLA CO
United States
$263.50B4,326,691,78370.08%6.27%Net SellingNet Selling
KOF
COCA COLA FEMSA SAB DE CV
Mexico
$17.19B16,806,658,0960.14%0.00%
PEP
PEPSICO INC
United States
$246.65B1,377,251,31672.63%0.61%Net SellingNet Selling
CCEP
COCA-COLA EUROPACIFIC PARTNERS PLC
United Kingdom
$25.95B457,106,45329.72%0.00%
MNST
MONSTER BEVERAGE CORP
United States
$54.37B522,409,35863.77%36.23%Net SellingNet Selling
ZVIA
ZEVIA PBC
United States
$239.00M68,876,02330.33%69.67%Net SellingNet Selling
BRFH
BARFRESH FOOD GROUP INC
United States
$16.21M12,971,33021.13%14.32%Net BuyingNet Buying
PRMW
PRIMO WATER CORP
United States
$2.31B159,940,05584.55%9.99%Net BuyingNet Buying
FIZZ
NATIONAL BEVERAGE CORP
United States
$4.85B93,352,94617.40%82.60%Net Selling
COCO
VITA COCO COMPANY INC
United States
$1.08B56,047,73714.95%85.05%Net Selling
CELH
CELSIUS HOLDINGS INC
United States
$6.94B76,706,87416.26%83.74%Net SellingNet Selling
OTLY
OATLY GROUP AB
Sweden
$1.42B592,163,61920.85%0.00%
KDP
KEURIG DR PEPPER INC
United States
$49.04B1,406,447,15120.17%79.83%Net SellingNet Selling
WTER
ALKALINE WATER CO INC
United States
$21.31M148,009,2807.35%15.06%Net Buying
AKO.B
ANDINA BOTTLING CO INC
Chile
$2.36B946,570,6040.33%0.00%
1

Beverage Stocks FAQ

What are the best beverage stocks to buy right now in Mar 2023?

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

1. Coca Cola Consolidated (NASDAQ:COKE)


Coca Cola Consolidated (NASDAQ:COKE) is the top beverage stock with a Zen Score of 59, which is 21 points higher than the beverage industry average of 38. It passed 22 out of 38 due diligence checks and has strong fundamentals. Coca Cola Consolidated has seen its stock return 9.57% over the past year, underperforming other beverage stocks by -6 percentage points.

2. Coca Cola (NYSE:KO)


Coca Cola (NYSE:KO) is the second best beverage stock with a Zen Score of 49, which is 11 points higher than the beverage industry average of 38. It passed 18 out of 38 due diligence checks and has strong fundamentals. Coca Cola has seen its stock lose -0.13% over the past year, underperforming other beverage stocks by -16 percentage points.

Coca Cola has an average 1 year price target of $66.71, an upside of 9.55% from Coca Cola's current stock price of $60.90.

Coca Cola stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Coca Cola, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

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


Coca Cola Femsa Sab De Cv (NYSE:KOF) is the third best beverage stock with a Zen Score of 46, which is 8 points higher than the beverage industry average of 38. It passed 16 out of 38 due diligence checks and has strong fundamentals. Coca Cola Femsa Sab De Cv has seen its stock return 46.97% over the past year, overperforming other beverage stocks by 31 percentage points.

Coca Cola Femsa Sab De Cv has an average 1 year price target of $117.00, an upside of 48.74% from Coca Cola Femsa Sab De Cv's current stock price of $78.66.

Coca Cola Femsa Sab De Cv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Coca Cola Femsa Sab De Cv, 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.

What are the beverage stocks with highest dividends?

Out of 6 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 3.44%, which is 1 percentage points higher than the beverage industry average of 2.36%. 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 67.7% indicates that its dividend yield is sustainable for the long-term.

2. Coca Cola Europacific Partners (NASDAQ:CCEP)


Coca Cola Europacific Partners (NASDAQ:CCEP) has an annual dividend yield of 3.09%, which is 1 percentage points higher than the beverage industry average of 2.36%. Coca Cola Europacific Partners's dividend payout is not stable, having dropped more than 10% one 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 49.9% 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 2.92%, which is 1 percentage points higher than the beverage industry average of 2.36%. 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 80% indicates that its dividend yield is sustainable for the long-term.

Why are beverage stocks up?

Beverage stocks were up 1.9% in the last day, and up 4.09% 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 58 points higher than the beverage industry average of 28. It passed 6 out of 7 valuation due diligence checks.

Coca Cola Consolidated's stock has gained 9.57% in the past year. It has underperformed other stocks in the beverage industry by -6 percentage points.

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


Coca Cola Femsa Sab De Cv (NYSE:KOF) is the second most undervalued beverage stock based on WallStreetZen's Valuation Score. Coca Cola Femsa Sab De Cv has a valuation score of 71, which is 43 points higher than the beverage industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Femsa Sab De Cv's stock has gained 46.97% in the past year. It has overperformed other stocks in the beverage industry by 31 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 57, which is 29 points higher than the beverage industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Coca Cola Europacific Partners's stock has gained 16.95% in the past year. It has overperformed other stocks in the beverage industry by 1 percentage points.

Are beverage stocks a good buy now?

57.14% of beverage stocks rated by analysts are a strong buy right now. On average, analysts expect beverage stocks to rise by 11.69% 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 28.59x.
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