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U.S. Beverage Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies70
- 7D-2.0%
- 3M-0.4%
- 1Y6.1%
- YTD5.0%
Over the last 7 days, the Beverage industry has dropped 2.0%, driven by a pullback from Coca-Cola of 2.5%. Meanwhile, Coca-Cola Consolidated actually outperformed within the industry, gaining 6.7% in the last week. This takes the industry's 12 month performance to a gain of 6.1%.
Industry Valuation and Performance
Has the U.S. Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | US$676.2b | US$174.1b | US$22.3b | 40.1x |
| Tue, 26 Oct 2021 | US$671.6b | US$172.9b | US$21.4b | 34.6x |
| Thu, 23 Sep 2021 | US$667.1b | US$170.3b | US$22.1b | 31.8x |
| Sat, 21 Aug 2021 | US$685.5b | US$170.6b | US$22.1b | 31.3x |
| Sat, 05 Jun 2021 | US$682.7b | US$161.8b | US$20.2b | 34.5x |
| Tue, 09 Mar 2021 | US$598.1b | US$159.5b | US$20.6b | 26.5x |
| Mon, 30 Nov 2020 | US$649.7b | US$163.7b | US$23.3b | 26.1x |
| Thu, 03 Sep 2020 | US$620.9b | US$162.6b | US$22.0b | 28.3x |
| Sun, 07 Jun 2020 | US$577.0b | US$166.3b | US$22.2b | 20.3x |
| Sat, 29 Feb 2020 | US$601.9b | US$167.4b | US$21.6b | 25.1x |
| Tue, 03 Dec 2019 | US$618.0b | US$164.0b | US$26.2b | 20.8x |
| Fri, 06 Sep 2019 | US$621.7b | US$162.2b | US$26.3b | 22.4x |
| Mon, 10 Jun 2019 | US$577.7b | US$158.9b | US$27.3b | 21.4x |
| Sun, 03 Mar 2019 | US$541.7b | US$156.1b | US$27.7b | 21.2x |
| Wed, 05 Dec 2018 | US$578.5b | US$154.7b | US$17.3b | 21.8x |
PE Ratio
21.8x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 40.1x which is higher than its 3-year average PE of 25.5x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Beverage industry have grown 8.9% per year over the last three years, and revenues for these companies have grown 4.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Beverage industry?
| Brewers | -1.22% | |
| Distillers and Wine Makers | -1.85% | |
| Soft Drinks | -2.05% | |
Industry PE: Investors are most optimistic about the Brewers industry which is trading above its 3-year average PE ratio of 44.4x. This is likely because analysts are expecting annual earnings growth of 21%, which is higher than its past year's earnings decline of 42% per year. Meanwhile, investors are most pessimistic about the Soft Drinks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 24.8x.
Forecasted Growth: Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 21% over the next 5 years. This is better than its past earnings decline of 42% per year. Meanwhile, the Soft Drinks industry is expected to see its earnings grow by 8.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| COKE Coca-Cola Consolidated | 6.7%+US$350.9m | 126.1% | PE23.6x | |
| NBEV NewAge | 5.1%+US$8.8m | -63.1% | PS0.4x | |
| WTER Alkaline Water | 0%US$2.9m | 9.2% | PS2.7x | |
| ZVIA Zevia PBC | 0.6%+US$1.7m | n/a | PS3.9x | |
| VWE Vintage Wine Estates | 0.09%+US$604.6k | n/a | PE188.8x |
