Sectors & Industries Consumer DefensivePackaged Foods
Best Food Stocks to Buy Now (2024)
Top food stocks in 2024 ranked by overall Zen Score. See the best food stocks to buy now, according to analyst forecasts for the packaged foods industry.

Industry: Packaged Foods

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
BON	BON NATURAL LIFE LTD	NASDAQ	Packaged Foods	$3.26M	$2.78	-6.40%	$7.02M	0.56x	0.30
SMPL	SIMPLY GOOD FOODS CO	NASDAQ	Packaged Foods	$3.77B	$37.71	0.35%	$240.77M	26.74x	0.30
MAMA	MAMA's CREATIONS INC	NASDAQ	Packaged Foods	$239.23M	$6.42	0.00%	$11.59M	35.67x	1.30
LWAY	LIFEWAY FOODS INC	NASDAQ	Packaged Foods	$395.19M	$26.90	-1.50%	$20.20M	34.94x	0.35
INGR	INGREDION INC	NYSE	Packaged Foods	$7.89B	$120.22	0.21%	$1.17B	11.87x	0.94
K	KELLANOVA	NYSE	Packaged Foods	$21.15B	$61.86	0.42%	$1.87B	23.00x	3.82
KHC	KRAFT HEINZ CO	NASDAQ	Packaged Foods	$44.01B	$36.24	1.48%	$5.50B	15.76x	0.82
JJSF	J&J SNACK FOODS CORP	NASDAQ	Packaged Foods	$3.17B	$163.39	0.48%	$187.44M	36.55x	0.46
LW	LAMB WESTON HOLDINGS INC	NYSE	Packaged Foods	$12.30B	$85.16	1.59%	$1.76B	11.29x	3.12
NATR	NATURES SUNSHINE PRODUCTS INC	NASDAQ	Packaged Foods	$308.48M	$16.47	5.44%	$38.98M	19.15x	0.55
JBSS	SANFILIPPO JOHN B & SON INC	NASDAQ	Packaged Foods	$1.18B	$102.07	-1.06%	$112.73M	18.23x	0.53
DAR	DARLING INGREDIENTS INC	NYSE	Packaged Foods	$7.41B	$46.35	0.76%	$1.36B	13.63x	1.36
THS	TREEHOUSE FOODS INC	NYSE	Packaged Foods	$1.82B	$34.64	-2.01%	$254.70M	75.30x	1.46
CAG	CONAGRA BRANDS INC	NYSE	Packaged Foods	$14.88B	$31.13	1.14%	$2.05B	15.64x	1.39
CPB	CAMPBELL SOUP CO	NYSE	Packaged Foods	$13.70B	$45.95	1.55%	$1.61B	17.81x	2.15
CENT	CENTRAL GARDEN & PET CO	NASDAQ	Packaged Foods	$3.15B	$46.69	0.41%	$388.43M	20.66x	1.34
USNA	USANA HEALTH SCIENCES INC	NYSE	Packaged Foods	$889.85M	$46.71	0.84%	$121.60M	14.55x	0.26
LANC	LANCASTER COLONY CORP	NASDAQ	Packaged Foods	$5.44B	$197.57	0.68%	$230.59M	40.90x	0.28
FRPT	FRESHPET INC	NASDAQ	Packaged Foods	$5.82B	$120.09	1.00%	$83.88M	600.45x	0.51
NOMD	NOMAD FOODS LTD	NYSE	Packaged Foods	$3.11B	$19.08	0.85%	$523.98M	13.14x	1.47
HRL	HORMEL FOODS CORP	NYSE	Packaged Foods	$19.51B	$35.63	0.68%	$1.38B	24.40x	0.72
MKC	MCCORMICK & CO INC	NYSE	Packaged Foods	$20.44B	$76.15	1.08%	$1.24B	28.84x	1.46
BRBR	BELLRING BRANDS INC	NYSE	Packaged Foods	$7.80B	$59.83	1.01%	$363.10M	41.26x	-4.09
GIS	GENERAL MILLS INC	NYSE	Packaged Foods	$39.91B	$70.70	0.63%	$4.16B	16.07x	2.24
SENEA	SENECA FOODS CORP	NASDAQ	Packaged Foods	$425.84M	$59.83	-1.76%	$122.65M	12.84x	1.51
FAMI	FARMMI INC	NASDAQ	Packaged Foods	$4.94M	$0.81	0.00%	$3.80M	1.16x	0.08
LSF	LAIRD SUPERFOOD INC	NYSEMKT	Packaged Foods	$25.86M	$2.69	-2.89%	-$6.70M	-3.59x	0.39
BRID	BRIDGFORD FOODS CORP	NASDAQ	Packaged Foods	$94.92M	$10.46	0.74%	$12.19M	24.32x	0.28
FLO	FLOWERS FOODS INC	NYSE	Packaged Foods	$5.35B	$25.42	0.00%	$345.43M	43.83x	1.54
PPC	PILGRIMS PRIDE CORP	NASDAQ	Packaged Foods	$8.80B	$37.13	-0.93%	$1.22B	17.85x	1.80
LFVN	LIFEVANTAGE CORP	NASDAQ	Packaged Foods	$85.09M	$6.70	-1.47%	$9.17M	23.93x	1.29
BSFC	BLUE STAR FOODS CORP	NASDAQ	Packaged Foods	$2.16M	$0.05	-1.85%	-$2.62M	-0.06x	1.45
PETZ	TDH HOLDINGS INC	NASDAQ	Packaged Foods	$11.27M	$1.09	-5.04%	-$23.32M	-0.48x	0.16
FREE	WHOLE EARTH BRANDS INC	NASDAQ	Packaged Foods	$209.08M	$4.84	0.00%	$38.52M	-7.45x	2.49
POST	POST HOLDINGS INC	NYSE	Packaged Foods	$6.47B	$106.81	1.08%	$1.21B	18.97x	2.06
BRCC	BRC INC	NYSE	Packaged Foods	$1.05B	$4.94	-11.63%	$7.41M	-29.06x	12.09
RGF	REAL GOOD FOOD COMPANY INC	NASDAQ	Packaged Foods	$14.92M	$0.44	-7.32%	$5.29M	-0.21x	6.83
RKDA	ARCADIA BIOSCIENCES INC	NASDAQ	Packaged Foods	$2.81M	$2.06	-0.72%	-$12.99M	-0.18x	0.55
BRFS	BRF SA	NYSE	Packaged Foods	$5.98B	$3.56	-3.78%	$766.45M	-12.15x	2.79
FARM	FARMER BROTHERS CO	NASDAQ	Packaged Foods	$68.26M	$3.21	-3.02%	-$23.37M	-1.40x	3.15
BTTR	BETTER CHOICE CO INC	NYSEMKT	Packaged Foods	$4.41M	$4.94	9.78%	-$19.74M	-0.15x	4.62
NCRA	NOCERA INC	NASDAQ	Packaged Foods	$15.03M	$1.16	0.00%	-$4.08M	-2.65x	0.56
BYND	BEYOND MEAT INC	NASDAQ	Packaged Foods	$464.25M	$7.16	1.78%	-$272.04M	-1.38x	-2.31
SJM	J M SMUCKER CO	NYSE	Packaged Foods	$12.25B	$115.34	1.70%	$605.00M	-144.18x	1.68
PLAG	PLANET GREEN HOLDINGS CORP	NYSEMKT	Packaged Foods	$14.06M	$0.20	-2.50%	-$18.10M	-0.67x	1.19
JVA	COFFEE HOLDING CO INC	NASDAQ	Packaged Foods	$8.62M	$1.51	-0.66%	$1.57M	151.00x	0.56
KLG	WK KELLOGG CO	NYSE	Packaged Foods	$1.87B	$21.77	-1.94%	$241.00M	N/A	4.96
BOF	BRANCHOUT FOOD INC	NASDAQ	Packaged Foods	$7.97M	$1.97	-2.96%	-$3.27M	-1.37x	0.41
BGS	B&G FOODS INC	NYSE	Packaged Foods	$633.20M	$8.01	-3.26%	$94.68M	-5.64x	3.30
PAVS	PARANOVUS ENTERTAINMENT TECHNOLOGY LTD	NASDAQ	Packaged Foods	$8.66M	$1.18	6.31%	-$41.68M	-0.91x	0.05
UTZ	UTZ BRANDS INC	NYSE	Packaged Foods	$2.58B	$18.32	-0.54%	$147.85M	-76.33x	1.84
HAIN	HAIN CELESTIAL GROUP INC	NASDAQ	Packaged Foods	$631.60M	$7.03	0.00%	$25.70M	-6.89x	1.28
STKL	SUNOPTA INC	NASDAQ	Packaged Foods	$680.97M	$5.84	-0.34%	-$102.36M	-3.87x	2.90
WEST	WESTROCK COFFEE CO	NASDAQ	Packaged Foods	$940.08M	$10.50	-1.59%	$8.87M	-14.79x	6.73
STKH	STEAKHOLDER FOODS LTD	NASDAQ	Packaged Foods	$9.19M	$3.65	-10.76%	-$14.99M	-0.46x	0.84
SMFL	SMART FOR LIFE INC	NASDAQ	Packaged Foods	$381.26k	$3.35	8.77%	-$12.49M	-0.00x	25.83
HLF	HERBALIFE LTD	NYSE	Packaged Foods	$1.06B	$10.63	0.47%	$485.20M	7.70x	-3.55
NUZE	NUZEE INC	NASDAQ	Packaged Foods	$3.17M	$2.44	2.95%	-$8.30M	-0.23x	3.64
BRLS	BOREALIS FOODS INC	NASDAQ	Packaged Foods	$85.52M	$4.00	0.25%	-$16.60M	N/A	-4.08
NAII	NATURAL ALTERNATIVES INTERNATIONAL INC	NASDAQ	Packaged Foods	$40.61M	$6.67	1.06%	$1.09M	-9.53x	0.82
TWG	TOP WEALTH GROUP HOLDING LTD	NASDAQ	Packaged Foods	N/A	$1.05	-0.94%	N/A	N/A	0.50
SNAX	STRYVE FOODS INC	NASDAQ	Packaged Foods	$5.32M	$1.68	-6.67%	-$12.79M	-0.20x	19.56
DDC	DDC ENTERPRISE LTD	NYSEMKT	Packaged Foods	N/A	$0.84	4.87%	N/A	N/A	-1.83

Food Stocks FAQ

What are the best food stocks to buy right now in May 2024?

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

1. Simply Good Foods Co (NASDAQ:SMPL)

Simply Good Foods Co (NASDAQ:SMPL) is the top food stock with a Zen Score of 56, which is 27 points higher than the food industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Simply Good Foods Co has seen its stock lose -4.22% over the past year, overperforming other food stocks by 7 percentage points.

Simply Good Foods Co has an average 1 year price target of $38.86, an upside of 3.04% from Simply Good Foods Co's current stock price of $37.71.

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

2. Bon Natural Life (NASDAQ:BON)

Bon Natural Life (NASDAQ:BON) is the second best food stock with a Zen Score of 56, which is 27 points higher than the food industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Bon Natural Life has seen its stock lose -55.16% over the past year, underperforming other food stocks by -44 percentage points.

3. Mama's Creations (NASDAQ:MAMA)

Mama's Creations (NASDAQ:MAMA) is the third best food stock with a Zen Score of 55, which is 26 points higher than the food industry average of 29. It passed 18 out of 33 due diligence checks and has strong fundamentals. Mama's Creations has seen its stock return 148.84% over the past year, overperforming other food stocks by 160 percentage points.

Mama's Creations has an average 1 year price target of $7.83, an upside of 22.01% from Mama's Creations's current stock price of $6.42.

Mama's Creations stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Mama's Creations, 100% have issued a Strong Buy rating, 0% 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 food stocks with highest dividends?

Out of 18 food stocks that have issued dividends in the past year, the 3 food stocks with the highest dividend yields are:

1. B&G Foods (NYSE:BGS)

B&G Foods (NYSE:BGS) has an annual dividend yield of 9.49%, which is 6 percentage points higher than the food industry average of 3.46%. B&G Foods's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. B&G Foods's dividend has not shown consistent growth over the last 10 years.

B&G Foods's dividend payout ratio of -53.5% indicates that its high dividend yield might not be sustainable for the long-term.

2. Lifevantage (NASDAQ:LFVN)

Lifevantage (NASDAQ:LFVN) has an annual dividend yield of 8.06%, which is 5 percentage points higher than the food industry average of 3.46%.

Lifevantage's dividend payout ratio of 192.9% indicates that its high dividend yield might not be sustainable for the long-term.

3. Conagra Brands (NYSE:CAG)

Conagra Brands (NYSE:CAG) has an annual dividend yield of 4.5%, which is 1 percentage points higher than the food industry average of 3.46%. Conagra Brands's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Conagra Brands's dividend has shown consistent growth over the last 10 years.

Conagra Brands's dividend payout ratio of 69.3% indicates that its dividend yield is sustainable for the long-term.

Why are food stocks up?

Food stocks were up 0.43% in the last day, and up 3.8% over the last week.

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

What are the most undervalued food stocks?

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

1. Natures Sunshine Products (NASDAQ:NATR)

Natures Sunshine Products (NASDAQ:NATR) is the most undervalued food stock based on WallStreetZen's Valuation Score. Natures Sunshine Products has a valuation score of 100, which is 75 points higher than the food industry average of 25. It passed 7 out of 7 valuation due diligence checks.

Natures Sunshine Products's stock has gained 54.94% in the past year. It has overperformed other stocks in the food industry by 66 percentage points.

2. Kraft Heinz Co (NASDAQ:KHC)

Kraft Heinz Co (NASDAQ:KHC) is the second most undervalued food stock based on WallStreetZen's Valuation Score. Kraft Heinz Co has a valuation score of 86, which is 61 points higher than the food industry average of 25. It passed 6 out of 7 valuation due diligence checks.

Kraft Heinz Co's stock has dropped -10.91% in the past year. It has overperformed other stocks in the food industry by 1 percentage points.

3. Darling Ingredients (NYSE:DAR)

Darling Ingredients (NYSE:DAR) is the third most undervalued food stock based on WallStreetZen's Valuation Score. Darling Ingredients has a valuation score of 71, which is 46 points higher than the food industry average of 25. It passed 5 out of 7 valuation due diligence checks.

Darling Ingredients's stock has dropped -26.82% in the past year. It has underperformed other stocks in the food industry by -15 percentage points.

Are food stocks a good buy now?

37.5% of food stocks rated by analysts are a strong buy right now. On average, analysts expect food stocks to rise by 9.51% over the next year.

What is the average p/e ratio of the packaged foods industry?

The average P/E ratio of the packaged foods industry is 23.24x.

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.