10 Best Consumer Staples Stocks to Buy According to Analysts

4. Keurig Dr. Pepper Inc. (NASDAQ:KDP)

Analyst Upside: 15.97%

Number of Hedge Fund Holders: 39

Keurig Dr. Pepper Inc. (NASDAQ:KDP) manufactures, markets, distributes, and sells non-alcoholic beverages. It operates through the following segments: US Refreshment Beverages, US Coffee, and International. The US Coffee segment covers single-serve brewers, specialty, hot and iced varieties, and ready-to-drink beverages. The company also offers ready-to-brew coffee pods, makers, and accessories.

On March 20, Citi analyst Filippo Falorni moved Keurig Dr. Pepper Inc. (NASDAQ:KDP) to the firm’s top pick in the beverages, household and personal care group. The firm shifted its choices to names “that are posting better near-term trends, have idiosyncratic opportunities, and have a lower valuation level.”

The company reported adjusted EPS of $0.58 in fiscal Q4 2024, surpassing analyst estimates of $0.57. Net sales grew to $4.07 billion, also ahead of the projected $4.02 billion. Although Keurig Dr. Pepper Inc. (NASDAQ:KDP) faced some headwinds in its US coffee segment, fiscal Q4 2024 marked strong revenue growth, attributed to the US refreshment beverages segment. It ranks as the fourth best consumer staples stock on our list.