Sectors & Industries Consumer DefensiveFarm Products
Best Farm Stocks to Buy Now (2023)
Top farm stocks in 2023 ranked by overall Zen Score. See the best farm stocks to buy now, according to analyst forecasts for the farm products industry.

Industry: Farm Products

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

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
IBA	INDUSTRIAS BACHOCO SAB DE CV	NYSE	Farm Products	$2.55B	$51.22	-1.02%	$438.62M	10.30x	0.37
CALM	CAL-MAINE FOODS INC	NASDAQ	Farm Products	$2.68B	$54.71	0.44%	$694.87M	5.62x	0.34
LND	BRASILAGR	NYSE	Farm Products	$583.14M	$5.70	-0.07%	$331.78M	5.64x	0.51
ADM	ARCHER-DANIELS-MIDLAND CO	NYSE	Farm Products	$45.35B	$82.56	0.34%	$6.37B	11.37x	1.43
AQB	AQUABOUNTY TECHNOLOGIES INC	NASDAQ	Farm Products	$76.80M	$1.08	-3.57%	-$19.87M	-3.48x	0.13
TSN	TYSON FOODS INC	NYSE	Farm Products	$21.72B	$61.08	-4.61%	$4.72B	8.81x	0.86
BG	BUNGE LTD	NYSE	Farm Products	$14.92B	$99.58	1.53%	$2.60B	9.67x	1.77
CRESY	CRESUD INC	NASDAQ	Farm Products	$380.12M	$6.42	-1.98%	$351.61M	1.59x	3.92
LOCL	LOCAL BOUNTI CORPORATION	NYSE	Farm Products	$107.82M	$1.04	-0.95%	-$91.56M	1.35x	1.20
AGRO	ADECOAGRO SA	NYSE	Farm Products	$907.66M	$8.17	-3.88%	$528.04M	5.57x	1.68
VITL	VITAL FARMS INC	NASDAQ	Farm Products	$694.89M	$17.06	0.65%	$1.04M	-155.09x	0.34
DOLE	DOLE PLC	NYSE	Farm Products	$1.09B	$11.52	0.26%	$200.94M	28.10x	2.95
APPH	APPHARVEST INC	NASDAQ	Farm Products	$257.89M	$2.39	1.70%	-$158.03M	-1.39x	0.64
BHIL	BENSON HILL INC	NYSE	Farm Products	$526.48M	$2.55	-1.54%	-$78.96M	-3.45x	1.19
LMNR	LIMONEIRA CO	NASDAQ	Farm Products	$252.36M	$14.27	-0.07%	$13.12M	-356.75x	1.04
VFF	VILLAGE FARMS INTERNATIONAL INC	NASDAQ	Farm Products	$105.39M	$1.16	0.00%	-$47.64M	-2.11x	0.44
FDP	FRESH DEL MONTE PRODUCE INC	NYSE	Farm Products	$1.38B	$28.85	-0.10%	$192.70M	20.03x	0.76
AGFS	AGROFRESH SOLUTIONS INC	NASDAQ	Farm Products	$158.07M	$2.98	0.34%	$41.68M	-3.17x	1.88
AVO	MISSION PRODUCE INC	NASDAQ	Farm Products	$860.05M	$12.17	-1.54%	$4.70M	-24.84x	0.71
SANW	S&W SEED CO	NASDAQ	Farm Products	$65.21M	$1.53	2.68%	-$25.13M	-1.78x	1.80
ALCO	ALICO INC	NASDAQ	Farm Products	$202.30M	$26.62	-3.31%	$21.38M	-266.20x	0.70
KAL	KALERA PUBLIC LTD CO	NASDAQ	Farm Products	$8.52M	$9.27	37.33%	-$117.24M	-0.01x	1.05
NCRA	NOCERA INC	NASDAQ	Farm Products	$11.63M	$1.29	0.00%	-$11.09M	-0.74x	0.85
PME	PINGTAN MARINE ENTERPRISE LTD	NASDAQ	Farm Products	$28.79M	$0.34	0.00%	$33.71M	16.75x	7.08
AGRI	AGRIFORCE GROWING SYSTEMS LTD	NASDAQ	Farm Products	$19.33M	$1.23	-3.91%	-$12.83M	-1.54x	1.41
AFRI	FORAFRIC GLOBAL PLC	NASDAQ	Farm Products	$173.69M	$11.54	-0.17%	-$3.36M	-39.79x	-1.02
EDBL	EDIBLE GARDEN AG INC	NASDAQ	Farm Products	$1.57M	$4.78	0.63%	N/A	N/A	-23.76

Farm Stocks FAQ

What are the best farm stocks to buy right now in Feb 2023?

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

1. Industrias Bachoco Sab De Cv (NYSE:IBA)

Industrias Bachoco Sab De Cv (NYSE:IBA) is the top farm stock with a Zen Score of 67, which is 37 points higher than the farm industry average of 30. It passed 25 out of 38 due diligence checks and has strong fundamentals. Industrias Bachoco Sab De Cv has seen its stock return 23.07% over the past year, overperforming other farm stocks by 90 percentage points.

Industrias Bachoco Sab De Cv has an average 1 year price target of $57.00, an upside of 11.28% from Industrias Bachoco Sab De Cv's current stock price of $51.22.

Industrias Bachoco Sab De Cv stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Industrias Bachoco Sab De Cv, 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.

2. Cal Maine Foods (NASDAQ:CALM)

Cal Maine Foods (NASDAQ:CALM) is the second best farm stock with a Zen Score of 58, which is 28 points higher than the farm industry average of 30. It passed 21 out of 38 due diligence checks and has strong fundamentals. Cal Maine Foods has seen its stock return 30.39% over the past year, overperforming other farm stocks by 97 percentage points.

Cal Maine Foods stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Cal Maine Foods, 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.

3. Brasilagr (NYSE:LND)

Brasilagr (NYSE:LND) is the third best farm stock with a Zen Score of 52, which is 22 points higher than the farm industry average of 30. It passed 19 out of 38 due diligence checks and has strong fundamentals. Brasilagr has seen its stock return 3.56% over the past year, overperforming other farm stocks by 70 percentage points.

What are the farm stocks with highest dividends?

Out of 11 farm stocks that have issued dividends in the past year, the 3 farm stocks with the highest dividend yields are:

1. Brasilagr (NYSE:LND)

Brasilagr (NYSE:LND) has an annual dividend yield of 18.36%, which is 14 percentage points higher than the farm industry average of 4.26%. Brasilagr's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Brasilagr's dividend has shown consistent growth over the last 10 years.

Brasilagr's dividend payout ratio of 103.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Alico (NASDAQ:ALCO)

Alico (NASDAQ:ALCO) has an annual dividend yield of 5.82%, which is 2 percentage points higher than the farm industry average of 4.26%. Alico's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Alico's dividend has not shown consistent growth over the last 10 years.

Alico's dividend payout ratio of -1,550% indicates that its high dividend yield might not be sustainable for the long-term.

3. Cal Maine Foods (NASDAQ:CALM)

Cal Maine Foods (NASDAQ:CALM) has an annual dividend yield of 5.63%, which is 1 percentage points higher than the farm industry average of 4.26%. Cal Maine Foods's dividend payout is not stable, having dropped more than 10% eight times in the last 10 years. Cal Maine Foods's dividend has shown consistent growth over the last 10 years.

Cal Maine Foods's dividend payout ratio of 17.7% indicates that its high dividend yield is sustainable for the long-term.

Why are farm stocks down?

Farm stocks were down -0.09% in the last day, and up 0.18% over the last week. Tyson Foods was the among the top losers in the farm products industry, dropping -4.61% yesterday.

Tyson Foods shares are trading lower after the company reported worse-than-expected Q1 financial results.

What are the most undervalued farm stocks?

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

1. Cresud (NASDAQ:CRESY)

Cresud (NASDAQ:CRESY) is the most undervalued farm stock based on WallStreetZen's Valuation Score. Cresud has a valuation score of 100, which is 72 points higher than the farm industry average of 28. It passed 7 out of 7 valuation due diligence checks.

Cresud's stock has gained 20.9% in the past year. It has overperformed other stocks in the farm industry by 88 percentage points.

2. Brasilagr (NYSE:LND)

Brasilagr (NYSE:LND) is the second most undervalued farm stock based on WallStreetZen's Valuation Score. Brasilagr has a valuation score of 71, which is 43 points higher than the farm industry average of 28. It passed 5 out of 7 valuation due diligence checks.

Brasilagr's stock has gained 3.56% in the past year. It has overperformed other stocks in the farm industry by 70 percentage points.

3. Industrias Bachoco Sab De Cv (NYSE:IBA)

Industrias Bachoco Sab De Cv (NYSE:IBA) is the third most undervalued farm stock based on WallStreetZen's Valuation Score. Industrias Bachoco Sab De Cv has a valuation score of 57, which is 29 points higher than the farm industry average of 28. It passed 4 out of 7 valuation due diligence checks.

Industrias Bachoco Sab De Cv's stock has gained 23.07% in the past year. It has overperformed other stocks in the farm industry by 90 percentage points.

Are farm stocks a good buy now?

66.67% of farm stocks rated by analysts are a strong buy right now. On average, analysts expect farm stocks to rise by 28.14% over the next year.

What is the average p/e ratio of the farm products industry?

The average P/E ratio of the farm products industry is 7.12x.

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.