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Sectors & IndustriesConsumer DefensiveBeverages - Wineries & Distilleries
Best Wine Stocks to Buy Now (2023)
Top wine stocks in 2023 ranked by overall Zen Score. See the best wine stocks to buy now, according to analyst forecasts for the beverages - wineries & distilleries industry.

Industry: Beverages - Wineries & Di...
Overview
Zen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnershipTechnicals
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
DEO
DIAGEO PLC
NYSE
Beverages - Wineries & Distilleries
$108.96B$174.49-0.34%$6.18B25.82x3.46
NAPA
DUCKHORN PORTFOLIO INC
NYSE
Beverages - Wineries & Distilleries
$1.90B$16.461.11%$112.65M32.27x0.51
STZ
CONSTELLATION BRANDS INC
NYSE
Beverages - Wineries & Distilleries
$42.81B$231.990.51%$1.40B504.33x1.88
BF.B
BROWN FORMAN CORP
NYSE
Beverages - Wineries & Distilleries
$31.94B$66.65-0.28%$1.32B36.03x1.25
VINE
FRESH VINE WINE INC
NYSEMKT
Beverages - Wineries & Distilleries
$15.53M$1.22-8.27%-$13.27M0.31x0.23
VWE
VINTAGE WINE ESTATES INC
NASDAQ
Beverages - Wineries & Distilleries
$175.82M$2.851.42%$36.94M-71.25x1.27
WVVI
WILLAMETTE VALLEY VINEYARDS INC
NASDAQ
Beverages - Wineries & Distilleries
$30.78M$6.200.65%$3.48M-17.22x0.38
EAST
EASTSIDE DISTILLING INC
NASDAQ
Beverages - Wineries & Distilleries
$6.14M$0.39-14.10%-$5.00M-0.65x2.34
WEST
WESTROCK COFFEE CO
NASDAQ
Beverages - Wineries & Distilleries
$985.23M$13.491.43%N/AN/A19.82
1

Wine Stocks FAQ

What are the best wine stocks to buy right now in Feb 2023?

According to Zen Score, the 3 best alcohol stocks to buy right now are:

1. Diageo (NYSE:DEO)


Diageo (NYSE:DEO) is the top wine stock with a Zen Score of 45, which is 16 points higher than the wine industry average of 29. It passed 17 out of 38 due diligence checks and has strong fundamentals. Diageo has seen its stock lose -15.11% over the past year, underperforming other wine stocks by -7 percentage points.

Diageo has an average 1 year price target of $225.00, an upside of 28.95% from Diageo's current stock price of $174.49.

Diageo stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Diageo, 33.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 33.33% have issued a Strong Sell.

2. Duckhorn Portfolio (NYSE:NAPA)


Duckhorn Portfolio (NYSE:NAPA) is the second best wine stock with a Zen Score of 37, which is 8 points higher than the wine industry average of 29. It passed 12 out of 33 due diligence checks and has average fundamentals. Duckhorn Portfolio has seen its stock lose -16.83% over the past year, underperforming other wine stocks by -8 percentage points.

Duckhorn Portfolio has an average 1 year price target of $20.33, an upside of 23.53% from Duckhorn Portfolio's current stock price of $16.46.

Duckhorn Portfolio stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Duckhorn Portfolio, 16.67% have issued a Strong Buy rating, 50% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Constellation Brands (NYSE:STZ)


Constellation Brands (NYSE:STZ) is the third best wine stock with a Zen Score of 37, which is 8 points higher than the wine industry average of 29. It passed 14 out of 38 due diligence checks and has average fundamentals. Constellation Brands has seen its stock lose -2.37% over the past year, overperforming other wine stocks by 6 percentage points.

Constellation Brands has an average 1 year price target of $255.17, an upside of 9.99% from Constellation Brands's current stock price of $231.99.

Constellation Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Constellation Brands, 46.15% have issued a Strong Buy rating, 30.77% 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 wine stocks with highest dividends?

Out of 2 wine stocks that have issued dividends in the past year, the 2 wine stocks with the highest dividend yields are:

1. Diageo (NYSE:DEO)


Diageo (NYSE:DEO) has an annual dividend yield of 2.21%, which is the same as the wine industry average of 1.78%. Diageo's dividend payout is not stable, having dropped more than 10% nine times in the last 10 years. Diageo's dividend has shown consistent growth over the last 10 years.

Diageo's dividend payout ratio of 60% indicates that its dividend yield is sustainable for the long-term.

2. Constellation Brands (NYSE:STZ)


Constellation Brands (NYSE:STZ) has an annual dividend yield of 1.36%, which is the same as the wine industry average of 1.78%. Constellation Brands's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Constellation Brands's dividend has shown consistent growth over the last 10 years.

Constellation Brands's dividend payout ratio of 687% indicates that its dividend yield might not be sustainable for the long-term.

Why are wine stocks up?

Wine stocks were up 0.13% in the last day, and up 2.18% over the last week.

We couldn't find a catalyst for why wine stocks are up.

What are the most undervalued wine stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued wine stocks right now are:

1. Fresh Vine Wine (NYSEMKT:VINE)


Fresh Vine Wine (NYSEMKT:VINE) is the most undervalued wine stock based on WallStreetZen's Valuation Score. Fresh Vine Wine has a valuation score of 43, which is 21 points higher than the wine industry average of 22. It passed 3 out of 7 valuation due diligence checks.

Fresh Vine Wine's stock has dropped -73.3% in the past year. It has underperformed other stocks in the wine industry by -65 percentage points.

2. Eastside Distilling (NASDAQ:EAST)


Eastside Distilling (NASDAQ:EAST) is the second most undervalued wine stock based on WallStreetZen's Valuation Score. Eastside Distilling has a valuation score of 29, which is 7 points higher than the wine industry average of 22. It passed 2 out of 7 valuation due diligence checks.

Eastside Distilling's stock has dropped -50.06% in the past year. It has underperformed other stocks in the wine industry by -42 percentage points.

3. Vintage Wine Estates (NASDAQ:VWE)


Vintage Wine Estates (NASDAQ:VWE) is the third most undervalued wine stock based on WallStreetZen's Valuation Score. Vintage Wine Estates has a valuation score of 29, which is 7 points higher than the wine industry average of 22. It passed 2 out of 7 valuation due diligence checks.

Vintage Wine Estates's stock has dropped -63.55% in the past year. It has underperformed other stocks in the wine industry by -55 percentage points.

Are wine stocks a good buy now?

42.86% of wine stocks rated by analysts are a strong buy right now. On average, analysts expect wine stocks to rise by 16.57% over the next year.

What is the average p/e ratio of the beverages - wineries & distilleries industry?

The average P/E ratio of the beverages - wineries & distilleries industry is 137.04x.
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