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Sectors & IndustriesConsumer DefensiveBeverages - Wineries & Distilleries
Best Wine Stocks to Buy Now (2024)
Top wine stocks in 2024 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...
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
NAPA
DUCKHORN PORTFOLIO INC
$1.13BN/A0.00%N/AN/AN/AN/A
MGPI
MGP INGREDIENTS INC
$1.64B0.64%11.10%$0.1200$0.4811%2
STZ
CONSTELLATION BRANDS INC
$46.38B1.45%37.80%$1.0100$3.6829%0
DEO
DIAGEO PLC
$80.91B3.14%44.40%$1.6200$4.1358%10
BF.B
BROWN FORMAN CORP
$20.63B0.50%31.30%$0.2178$0.228%1
SNDL
SNDL INC
$507.96MN/AN/AN/AN/AN/AN/A
LQR
LQR HOUSE INC
$4.64MN/A0.00%N/AN/AN/AN/A
WVVI
WILLAMETTE VALLEY VINEYARDS INC
$19.78MN/A0.00%N/AN/AN/AN/A
EAST
EASTSIDE DISTILLING INC
$1.66MN/A0.00%N/AN/AN/AN/A
SBEV
SPLASH BEVERAGE GROUP INC
$10.96MN/A0.00%N/AN/AN/AN/A
VWE
VINTAGE WINE ESTATES INC
$10.36MN/A0.00%N/AN/AN/AN/A
VINE
FRESH VINE WINE INC
$7.03MN/A0.00%N/AN/AN/AN/A

Wine Stocks FAQ

What are the best wine stocks to buy right now in Jun 2024?

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

1. Duckhorn Portfolio (NYSE:NAPA)


Duckhorn Portfolio (NYSE:NAPA) is the top wine stock with a Zen Score of 51, which is 22 points higher than the wine industry average of 29. It passed 17 out of 33 due diligence checks and has strong fundamentals. Duckhorn Portfolio has seen its stock lose -45% over the past year, underperforming other wine stocks by -29 percentage points.

Duckhorn Portfolio has an average 1 year price target of $10.43, an upside of 35.44% from Duckhorn Portfolio's current stock price of $7.70.

Duckhorn Portfolio stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Duckhorn Portfolio, 28.57% have issued a Strong Buy rating, 42.86% have issued a Buy, 14.29% have issued a hold, while 14.29% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Mgp Ingredients (NASDAQ:MGPI)


Mgp Ingredients (NASDAQ:MGPI) is the second best wine stock with a Zen Score of 51, which is 22 points higher than the wine industry average of 29. It passed 19 out of 38 due diligence checks and has strong fundamentals. Mgp Ingredients has seen its stock lose -28.84% over the past year, underperforming other wine stocks by -13 percentage points.

Mgp Ingredients has an average 1 year price target of $106.00, an upside of 42.24% from Mgp Ingredients's current stock price of $74.52.

Mgp Ingredients stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Mgp Ingredients, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% 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 50, which is 21 points higher than the wine industry average of 29. It passed 18 out of 38 due diligence checks and has strong fundamentals. Constellation Brands has seen its stock return 2.63% over the past year, overperforming other wine stocks by 19 percentage points.

Constellation Brands has an average 1 year price target of $301.07, an upside of 18.76% from Constellation Brands's current stock price of $253.50.

Constellation Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Constellation Brands, 73.33% have issued a Strong Buy rating, 26.67% 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 wine stocks with highest dividends?

Out of 4 wine stocks that have issued dividends in the past year, the 3 wine stocks with the highest dividend yields are:

1. Diageo (NYSE:DEO)


Diageo (NYSE:DEO) has an annual dividend yield of 3.14%, which is 2 percentage points higher than the wine industry average of 1.43%. Diageo's dividend payout is not stable, having dropped more than 10% ten times in the last 10 years. Diageo's dividend has not shown consistent growth over the last 10 years.

Diageo's dividend payout ratio of 44.4% 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 1.45%, which is the same as the wine industry average of 1.43%. 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 37.8% indicates that its dividend yield is sustainable for the long-term.

3. Mgp Ingredients (NASDAQ:MGPI)


Mgp Ingredients (NASDAQ:MGPI) has an annual dividend yield of 0.64%, which is -1 percentage points lower than the wine industry average of 1.43%. Mgp Ingredients's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Mgp Ingredients's dividend has shown consistent growth over the last 10 years.

Mgp Ingredients's dividend payout ratio of 11.1% indicates that its dividend yield is sustainable for the long-term.

Why are wine stocks up?

Wine stocks were up 0.04% in the last day, and down -0.17% 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. Mgp Ingredients (NASDAQ:MGPI)


Mgp Ingredients (NASDAQ:MGPI) is the most undervalued wine stock based on WallStreetZen's Valuation Score. Mgp Ingredients has a valuation score of 86, which is 65 points higher than the wine industry average of 21. It passed 6 out of 7 valuation due diligence checks.

Mgp Ingredients's stock has dropped -28.84% in the past year. It has underperformed other stocks in the wine industry by -13 percentage points.

2. Duckhorn Portfolio (NYSE:NAPA)


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

Duckhorn Portfolio's stock has dropped -45% in the past year. It has underperformed other stocks in the wine industry by -29 percentage points.

3. Constellation Brands (NYSE:STZ)


Constellation Brands (NYSE:STZ) is the third most undervalued wine stock based on WallStreetZen's Valuation Score. Constellation Brands has a valuation score of 29, which is 8 points higher than the wine industry average of 21. It passed 2 out of 7 valuation due diligence checks.

Constellation Brands's stock has gained 2.63% in the past year. It has overperformed other stocks in the wine industry by 19 percentage points.

Are wine stocks a good buy now?

57.14% of wine stocks rated by analysts are a strong buy right now. On average, analysts expect wine stocks to rise by 24.83% 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 19.72x.
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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.