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 & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
COCO
VITA COCO COMPANY INC
United States
$1.63B56,782,29132.85%67.15%Net SellingNet Selling
MNST
MONSTER BEVERAGE CORP
United States
$50.62B979,543,96764.99%25.80%Net Buying
COKE
COCA-COLA CONSOLIDATED INC
United States
$11.40B8,760,67945.21%29.09%Net Selling
PRMW
PRIMO WATER CORP
United States
$4.21B160,312,98688.72%10.50%Net Buying
PEP
PEPSICO INC
United States
$241.61B1,371,989,02573.81%0.63%Net Selling
FIZZ
NATIONAL BEVERAGE CORP
United States
$4.28B93,611,84617.29%82.71%Net Buying
CELH
CELSIUS HOLDINGS INC
United States
$8.12B233,067,64434.82%65.18%Net SellingNet Buying
CCEP
COCA-COLA EUROPACIFIC PARTNERS PLC
United Kingdom
$35.98B459,200,81831.48%0.00%
KOF
COCA COLA FEMSA SAB DE CV
Mexico
$18.98B16,806,658,0960.13%0.00%
KO
COCA COLA CO
United States
$303.16B4,309,868,15071.47%6.30%Net SellingNet Selling
KDP
KEURIG DR PEPPER INC
United States
$49.70B1,356,086,37723.44%76.56%Net SellingNet Selling
AKO.B
ANDINA BOTTLING CO INC
Chile
$3.03B946,570,6040.27%0.00%
ZVIA
ZEVIA PBC
United States
$82.89M72,712,60527.22%72.78%Net SellingNet Selling
OTLY
OATLY GROUP AB
Sweden
$496.07M596,242,50512.71%0.00%
BRFH
BARFRESH FOOD GROUP INC
United States
$38.49M14,746,17222.68%25.59%
SHOT
SAFETY SHOT INC
United States
$62.94M52,016,0009.82%37.02%Net Buying
1

Beverage Stocks FAQ

What are the best beverage stocks to buy right now in Oct 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 63, which is 23 points higher than the beverage industry average of 40. It passed 21 out of 33 due diligence checks and has strong fundamentals. Vita Coco Company has seen its stock return 6.99% over the past year, underperforming other beverage stocks by -54 percentage points.

Vita Coco Company has an average 1 year price target of $30.50, an upside of 5.94% from Vita Coco Company's current stock price of $28.79.

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.

2. Monster Beverage (NASDAQ:MNST)


Monster Beverage (NASDAQ:MNST) is the second best beverage stock with a Zen Score of 57, which is 17 points higher than the beverage industry average of 40. It passed 19 out of 33 due diligence checks and has strong fundamentals. Monster Beverage has seen its stock return 6.18% over the past year, underperforming other beverage stocks by -55 percentage points.

Monster Beverage has an average 1 year price target of $53.73, an upside of 3.97% from Monster Beverage's current stock price of $51.68.

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.

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 105.73% over the past year, overperforming other beverage stocks by 45 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. National Beverage (NASDAQ:FIZZ)


National Beverage (NASDAQ:FIZZ) has an annual dividend yield of 7.11%, which is 4 percentage points higher than the beverage industry average of 3.26%. 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.

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


Coca Cola Femsa Sab De Cv (NYSE:KOF) has an annual dividend yield of 4.74%, which is 1 percentage points higher than the beverage industry average of 3.26%. 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 high dividend yield is sustainable for the long-term.

3. Pepsico (NASDAQ:PEP)


Pepsico (NASDAQ:PEP) has an annual dividend yield of 2.98%, which is the same as the beverage industry average of 3.26%. 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 76.9% indicates that its dividend yield is sustainable for the long-term.

Why are beverage stocks up?

Beverage stocks were up 1.28% in the last day, and up 3.55% 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 40 points higher than the beverage industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Coca Cola Europacific Partners's stock has gained 34.34% in the past year. It has underperformed other stocks in the beverage industry by -27 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 40 points higher than the beverage industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Keurig Dr Pepper's stock has gained 28.55% in the past year. It has underperformed other stocks in the beverage industry by -33 percentage points.

3. Coca Cola Consolidated (NASDAQ:COKE)


Coca Cola Consolidated (NASDAQ:COKE) is the third most undervalued beverage stock based on WallStreetZen's Valuation Score. Coca Cola Consolidated has a valuation score of 57, which is 26 points higher than the beverage industry average of 31. It passed 4 out of 7 valuation due diligence checks.

Coca Cola Consolidated's stock has gained 105.73% in the past year. It has overperformed other stocks in the beverage industry by 45 percentage points.

Are beverage stocks a good buy now?

41.67% of beverage stocks rated by analysts are a buy right now. On average, analysts expect beverage stocks to rise by 9.59% 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 26.59x.
©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.