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

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

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
LWAY	LIFEWAY FOODS INC	$12.80	135,886	-41.78%	13.79	15.92	19.46	16.07	14.25	30.27	8.34	6.22	28.44	19.92	-2.13	-1.85	-0.27	0.67
SMPL	SIMPLY GOOD FOODS CO	$37.03	501,676	2.03%	37.36	37.40	35.60	35.67	36.39	51.13	31.40	30.17	7.00	4.90	0.28	0.48	-0.19	0.88
PPC	PILGRIMS PRIDE CORP	$35.02	709,518	22.75%	34.93	36.09	35.96	33.22	29.35	44.71	17.17	12.02	24.01	9.04	-0.52	-0.27	-0.25	0.79
FTLF	FITLIFE BRANDS INC	$29.51	992	-92.26%	30.60	29.74	28.84	25.54	24.37	49.87	25.58	29.35	19.48	19.28	0.47	0.68	-0.20	0.39
MAMA	MAMA's CREATIONS INC	$7.18	418,518	36.38%	0.79	0.81	0.88	0.92	0.97	41.65	18.33	24.68	66.15	72.24	-0.03	-0.03	0.00	0.54
INGR	INGREDION INC	$114.99	315,708	21.71%	115.94	117.05	115.57	114.63	107.96	43.52	23.90	26.38	15.48	21.68	-0.28	0.07	-0.35	0.75
LW	LAMB WESTON HOLDINGS INC	$86.92	1,094,794	-25.96%	86.25	86.79	84.99	94.15	95.92	51.60	29.61	22.20	20.28	14.33	-0.07	-0.02	-0.05	0.88
BRBR	BELLRING BRANDS INC	$56.87	1,350,837	45.71%	58.77	58.57	57.38	57.64	52.31	43.13	27.26	47.55	7.91	33.83	0.21	0.41	-0.20	0.75
NATR	NATURES SUNSHINE PRODUCTS INC	$15.22	37,351	-45.18%	15.20	15.37	17.49	17.91	17.49	38.17	32.38	29.23	87.98	89.87	-0.62	-0.75	0.13	0.97
BON	BON NATURAL LIFE LTD	$1.90	17,493	-60.46%	2.36	2.58	3.28	4.09	4.49	28.50	6.34	5.30	2.31	0.77	-0.36	-0.30	-0.06	-0.08
K	KELLANOVA	$59.71	2,116,821	22.28%	59.80	60.70	59.26	57.09	55.86	47.93	24.69	24.96	13.51	15.00	-0.04	0.23	-0.27	0.34
JJSF	J&J SNACK FOODS CORP	$167.26	190,461	79.97%	162.63	162.93	150.04	149.14	156.24	70.89	81.56	74.70	49.73	36.05	3.54	4.02	-0.48	0.78
JBSS	SANFILIPPO JOHN B & SON INC	$96.90	79,182	24.65%	99.07	100.56	100.40	101.80	100.56	40.23	14.24	14.71	8.25	10.72	-0.99	-0.48	-0.51	0.47
FRPT	FRESHPET INC	$128.17	495,903	-19.73%	129.81	128.80	118.11	109.00	90.05	56.33	49.54	53.41	11.35	9.87	3.23	4.06	-0.83	1.31
USNA	USANA HEALTH SCIENCES INC	$47.16	46,723	-10.56%	47.78	47.96	46.12	47.34	50.21	49.03	28.97	45.36	7.95	25.42	0.36	0.52	-0.16	0.77
GIS	GENERAL MILLS INC	$66.98	2,999,199	-25.04%	67.40	68.69	69.32	67.36	66.12	40.28	23.63	25.06	36.17	35.43	-0.71	-0.54	-0.17	0.32
CAG	CONAGRA BRANDS INC	$29.24	6,139,047	-9.79%	29.56	30.07	30.40	29.44	28.90	38.81	26.06	30.04	40.10	44.63	-0.29	-0.20	-0.09	0.36
KHC	KRAFT HEINZ CO	$33.65	5,738,166	-48.53%	34.62	35.26	36.33	36.15	35.25	32.95	16.65	20.64	9.33	18.07	-0.64	-0.49	-0.15	0.64
CENT	CENTRAL GARDEN & PET CO	$40.50	120,477	3.55%	42.40	44.24	42.54	41.90	38.95	30.55	9.48	9.39	0.00	2.21	-0.60	0.00	-0.60	0.73
THS	TREEHOUSE FOODS INC	$35.64	337,671	-12.83%	36.14	35.70	36.19	37.68	39.94	47.03	37.55	50.74	24.42	41.44	0.00	-0.05	0.06	0.47
LANC	LANCASTER COLONY CORP	$187.13	88,115	-24.20%	185.47	187.62	191.49	193.77	180.66	46.25	47.07	48.38	83.50	86.65	-1.67	-1.98	0.31	0.64
SOWG	SOW GOOD INC	$23.23	53,807	-60.47%	20.75	18.63	11.66	N/A	N/A	81.15	90.19	90.74	71.75	66.55	3.30	3.03	0.27	0.97
CPB	CAMPBELL SOUP CO	$43.10	2,817,858	8.26%	43.58	44.73	44.58	43.86	42.78	39.09	15.91	18.85	8.63	8.03	-0.54	-0.27	-0.27	0.28
FLO	FLOWERS FOODS INC	$22.79	1,199,105	39.73%	22.93	23.63	23.96	23.41	22.74	36.06	15.03	16.26	53.50	48.48	-0.43	-0.34	-0.09	0.43
DAR	DARLING INGREDIENTS INC	$37.34	1,287,625	-27.07%	38.59	40.64	42.73	43.10	45.87	33.32	13.45	8.96	21.12	11.63	-1.66	-1.33	-0.33	1.18
FAMI	FARMMI INC	$0.80	23,189	-17.70%	0.80	0.79	0.82	0.93	1.23	48.46	38.35	38.01	63.27	60.52	-0.01	-0.01	0.01	0.71
SENEA	SENECA FOODS CORP	$59.55	17,199	-4.74%	59.42	60.04	58.55	55.14	53.73	51.04	23.02	18.76	17.25	9.35	0.14	0.41	-0.26	0.81
HRL	HORMEL FOODS CORP	$30.65	1,771,967	-26.74%	31.09	33.39	34.36	33.15	33.57	26.75	6.31	5.58	8.25	6.72	-1.27	-0.94	-0.33	0.35
NOMD	NOMAD FOODS LTD	$17.32	357,785	-16.55%	17.50	17.91	18.28	18.44	17.23	34.60	13.11	12.19	12.25	14.94	-0.29	-0.24	-0.05	0.51
MKC	MCCORMICK & CO INC	$69.20	1,415,899	13.12%	69.73	71.63	73.64	71.02	70.04	38.12	18.88	17.95	36.72	28.53	-1.49	-1.15	-0.34	0.58
LSF	LAIRD SUPERFOOD INC	$4.68	156,915	-45.24%	3.79	3.17	2.69	2.00	1.47	68.01	76.83	71.62	55.76	58.38	0.57	0.36	0.21	0.90
LFVN	LIFEVANTAGE CORP	$7.62	20,735	-69.49%	7.68	7.47	6.78	6.62	6.57	56.27	53.21	57.99	18.94	25.09	0.25	0.29	-0.04	0.81
PETZ	TDH HOLDINGS INC	$1.16	6,860	-38.48%	1.21	1.20	1.17	1.16	1.19	47.13	28.85	40.05	10.81	24.29	0.01	0.02	-0.00	0.79
FREE	WHOLE EARTH BRANDS INC	$4.81	461,956	302.83%	4.82	4.82	4.82	4.64	4.04	45.73	50.00	61.11	40.01	57.88	0.00	0.00	-0.00	0.44
POST	POST HOLDINGS INC	$102.60	383,178	9.56%	104.37	105.02	104.37	103.30	94.88	40.87	23.56	35.94	14.59	31.34	-0.33	-0.03	-0.30	0.66
BRCC	BRC INC	$6.03	727,718	-17.55%	6.00	5.83	4.94	4.58	4.13	60.44	73.26	75.97	27.63	35.19	0.34	0.37	-0.02	0.83
BRID	BRIDGFORD FOODS CORP	$9.99	214	-84.75%	10.02	10.18	10.49	10.65	10.77	39.48	12.76	10.90	25.50	21.67	-0.14	-0.14	-0.00	0.75
RGF	REAL GOOD FOOD COMPANY INC	$0.67	113,981	-23.59%	0.59	0.56	0.46	0.71	1.58	61.58	78.77	77.72	87.58	90.06	0.04	0.03	0.01	0.38
RKDA	ARCADIA BIOSCIENCES INC	$2.89	1,396	-82.65%	2.97	2.98	2.40	2.48	2.85	54.88	34.80	37.65	3.68	5.39	0.14	0.18	-0.04	0.83
NCRA	NOCERA INC	$1.25	1,398	-75.45%	1.22	1.17	1.17	1.20	1.33	54.83	58.58	51.32	63.42	65.72	0.02	0.01	0.01	0.29
KLG	WK KELLOGG CO	$18.21	634,658	-16.08%	18.53	19.49	21.01	17.98	N/A	31.37	11.46	8.96	15.39	13.90	-0.86	-0.74	-0.12	0.35
BRFS	BRF SA	$3.56	1,598,121	-7.38%	3.55	3.65	3.47	3.26	2.81	50.29	19.07	16.26	15.43	9.80	-0.00	0.03	-0.03	1.06
FARM	FARMER BROTHERS CO	$2.80	69,785	248.40%	2.90	2.93	3.13	3.33	3.01	35.54	37.45	40.82	57.25	72.33	-0.07	-0.08	0.00	0.98
BSFC	BLUE STAR FOODS CORP	$2.66	485,817	130.35%	2.49	2.90	3.23	4.52	7.80	47.58	22.37	16.27	66.95	48.80	-0.24	-0.26	0.02	0.17
BYND	BEYOND MEAT INC	$7.13	3,277,760	44.18%	7.48	7.42	7.20	7.41	8.00	44.83	31.78	44.77	17.58	42.68	0.03	0.05	-0.03	1.33
SJM	J M SMUCKER CO	$112.97	1,113,212	-23.41%	111.73	112.23	113.65	119.80	120.84	50.27	67.01	69.67	83.77	87.16	-0.33	-0.86	0.53	0.32
JVA	COFFEE HOLDING CO INC	$1.32	17,130	-65.37%	1.33	1.36	1.48	1.37	1.13	42.17	26.19	22.92	47.61	49.59	-0.05	-0.05	-0.00	0.38
UTZ	UTZ BRANDS INC	$18.11	576,442	17.39%	18.38	18.28	18.14	18.10	16.01	46.18	44.26	59.63	27.19	53.19	0.02	0.04	-0.02	0.38
WEST	WESTROCK COFFEE CO	$10.06	167,418	7.15%	12.02	11.99	11.86	11.73	11.54	75.28	89.58	79.17	33.17	16.89	0.05	0.05	-0.01	0.27
BOF	BRANCHOUT FOOD INC	$1.42	12,584	-69.51%	1.48	1.59	1.67	1.80	1.74	38.97	15.03	21.06	18.53	20.21	-0.11	-0.09	-0.02	1.06
ATPC	AGAPE ATP CORP	$0.24	70,640	-61.55%	0.26	0.26	0.26	0.33	N/A	43.49	8.71	10.11	7.23	9.93	-0.00	-0.00	-0.00	0.42
PAVS	PARANOVUS ENTERTAINMENT TECHNOLOGY LTD	$0.87	4,806	-74.19%	0.95	0.95	1.12	1.64	2.21	39.52	30.19	33.63	23.88	28.90	-0.07	-0.07	0.00	0.35
BGS	B&G FOODS INC	$9.46	911,746	37.49%	9.41	9.39	10.20	10.36	10.11	45.77	36.98	39.91	52.67	55.24	-0.20	-0.26	0.05	0.49
HAIN	HAIN CELESTIAL GROUP INC	$7.38	590,388	-30.11%	7.49	7.39	6.84	8.19	9.44	52.31	49.38	58.44	39.43	54.60	0.14	0.15	-0.01	0.64
HLF	HERBALIFE LTD	$11.70	1,239,372	4.13%	10.90	10.97	9.76	9.93	11.94	67.62	90.67	88.94	70.84	69.38	0.39	0.36	0.03	0.93
STKL	SUNOPTA INC	$5.61	435,871	-15.61%	5.80	5.62	5.96	6.16	5.27	44.70	50.88	59.24	52.30	60.97	-0.04	-0.08	0.03	0.97
BTTR	BETTER CHOICE CO INC	$3.32	5,076	-31.29%	2.03	2.01	1.62	1.45	1.64	49.55	17.14	29.06	1.33	2.85	0.09	0.14	-0.05	0.76
PLAG	PLANET GREEN HOLDINGS CORP	$2.09	23,296	335.11%	2.05	2.12	2.13	2.73	4.17	49.11	59.51	58.68	71.20	65.34	-0.02	-0.03	0.01	0.55
SMFL	SMART FOR LIFE INC	$3.15	328,817	22.55%	3.45	3.23	3.45	5.18	9.73	48.13	6.83	5.30	17.55	16.24	-0.14	-0.11	-0.03	1.34
NUZE	NUZEE INC	$1.66	24,716	666.39%	1.68	1.85	1.64	1.65	2.95	46.53	10.47	9.83	21.21	14.26	-0.03	0.01	-0.04	0.43
STKH	STEAKHOLDER FOODS LTD	$3.95	18,067	25.96%	4.15	4.23	4.40	5.22	6.21	42.52	14.89	11.83	14.64	6.30	-0.13	-0.10	-0.03	0.99
BRLS	BOREALIS FOODS INC	$7.68	2,883	-47.44%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	0.02
NAII	NATURAL ALTERNATIVES INTERNATIONAL INC	$6.58	4,056	9.86%	6.53	6.56	6.53	6.29	6.30	53.74	36.75	32.81	53.20	46.93	0.02	0.02	-0.01	0.42
DDC	DDC ENTERPRISE LTD	$0.52	25,379	38.80%	0.64	0.70	0.96	1.38	N/A	31.89	7.50	15.81	12.77	31.05	-0.10	-0.10	-0.00	0.26
SNAX	STRYVE FOODS INC	$2.05	15,014	21.57%	1.88	1.82	1.57	1.47	2.18	64.78	86.55	83.89	60.57	60.88	0.10	0.10	0.00	0.42

Food Stocks FAQ

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

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

1. Lifeway Foods (NASDAQ:LWAY)

Lifeway Foods (NASDAQ:LWAY) is the top food stock with a Zen Score of 66, which is 36 points higher than the food industry average of 30. It passed 22 out of 33 due diligence checks and has strong fundamentals. Lifeway Foods has seen its stock return 85.51% over the past year, overperforming other food stocks by 97 percentage points.

Lifeway Foods has an average 1 year price target of $14.00, an upside of 9.38% from Lifeway Foods's current stock price of $12.80.

Lifeway Foods stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Lifeway Foods, 0% have issued a Strong Buy rating, 100% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Simply Good Foods Co (NASDAQ:SMPL)

Simply Good Foods Co (NASDAQ:SMPL) is the second best food stock with a Zen Score of 59, which is 29 points higher than the food industry average of 30. It passed 19 out of 33 due diligence checks and has strong fundamentals. Simply Good Foods Co has seen its stock return 4.02% over the past year, overperforming other food stocks by 16 percentage points.

Simply Good Foods Co has an average 1 year price target of $38.86, an upside of 4.93% from Simply Good Foods Co's current stock price of $37.03.

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.

3. Pilgrims Pride (NASDAQ:PPC)

Pilgrims Pride (NASDAQ:PPC) is the third best food stock with a Zen Score of 56, which is 26 points higher than the food industry average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. Pilgrims Pride has seen its stock return 51.86% over the past year, overperforming other food stocks by 64 percentage points.

Pilgrims Pride has an average 1 year price target of $36.80, an upside of 5.08% from Pilgrims Pride's current stock price of $35.02.

Pilgrims Pride stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Pilgrims Pride, 40% have issued a Strong Buy rating, 20% have issued a Buy, 40% 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 8.03%, which is 5 percentage points higher than the food industry average of 3.22%. 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 6.63%, which is 3 percentage points higher than the food industry average of 3.22%.

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 4.79%, which is 2 percentage points higher than the food industry average of 3.22%. 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 high dividend yield is sustainable for the long-term.

Why are food stocks up?

Food stocks were up 0.45% in the last day, and down -0.98% 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 78 points higher than the food industry average of 22. It passed 7 out of 7 valuation due diligence checks.

Natures Sunshine Products's stock has gained 22.74% in the past year. It has overperformed other stocks in the food industry by 34 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 71, which is 49 points higher than the food industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Kraft Heinz Co's stock has dropped -8.01% in the past year. It has overperformed other stocks in the food industry by 4 percentage points.

3. Bon Natural Life (NASDAQ:BON)

Bon Natural Life (NASDAQ:BON) is the third most undervalued food stock based on WallStreetZen's Valuation Score. Bon Natural Life has a valuation score of 71, which is 49 points higher than the food industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Bon Natural Life's stock has dropped -72.83% in the past year. It has underperformed other stocks in the food industry by -61 percentage points.

Are food stocks a good buy now?

39.02% of food stocks rated by analysts are a strong buy right now. On average, analysts expect food stocks to rise by 14.34% 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 24.16x.

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.