Sectors & IndustriesConsumer DefensiveFood Distribution

Best Food Distribution Stocks to Buy Now (2023)

Top food distribution stocks in 2023 ranked by overall Zen Score. See the best food distribution stocks to buy now, according to analyst forecasts for the food distribution industry.

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

Andersons (NASDAQ:ANDE) is the top food distribution stock with a Zen Score of 56, which is 13 points higher than the food distribution industry average of 43. It passed 20 out of 38 due diligence checks and has strong fundamentals. Andersons has seen its stock lose -22.69% over the past year, underperforming other food distribution stocks by -12 percentage points.

Andersons has an average 1 year price target of $57.50, an upside of 43.64% from Andersons's current stock price of $40.03.

Andersons stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Andersons, 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.

Chefs' Warehouse (NASDAQ:CHEF) is the second best food distribution stock with a Zen Score of 49, which is 6 points higher than the food distribution industry average of 43. It passed 16 out of 33 due diligence checks and has strong fundamentals. Chefs' Warehouse has seen its stock lose -0.55% over the past year, overperforming other food distribution stocks by 10 percentage points.

Chefs' Warehouse has an average 1 year price target of $47.60, an upside of 45.7% from Chefs' Warehouse's current stock price of $32.67.

Chefs' Warehouse stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Chefs' Warehouse, 80% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Spartannash Co (NASDAQ:SPTN) is the third best food distribution stock with a Zen Score of 49, which is 6 points higher than the food distribution industry average of 43. It passed 17 out of 38 due diligence checks and has strong fundamentals. Spartannash Co has seen its stock lose -30.78% over the past year, underperforming other food distribution stocks by -20 percentage points.

Spartannash Co has an average 1 year price target of $32.00, an upside of 31.52% from Spartannash Co's current stock price of $24.33.

Spartannash Co stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Spartannash Co, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 5 food distribution stocks that have issued dividends in the past year, the 3 food distribution stocks with the highest dividend yields are:

G Willi Food International (NASDAQ:WILC) has an annual dividend yield of 5.61%, which is 3 percentage points higher than the food distribution industry average of 2.78%. G Willi Food International's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. G Willi Food International's dividend has not shown consistent growth over the last 10 years.

G Willi Food International's dividend payout ratio of 135.8% indicates that its high dividend yield might not be sustainable for the long-term.

Spartannash Co (NASDAQ:SPTN) has an annual dividend yield of 3.47%, which is 1 percentage points higher than the food distribution industry average of 2.78%. Spartannash Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Spartannash Co's dividend has shown consistent growth over the last 10 years.

Spartannash Co's dividend payout ratio of 85.7% indicates that its dividend yield is sustainable for the long-term.

Sysco (NYSE:SYY) has an annual dividend yield of 2.6%, which is the same as the food distribution industry average of 2.78%. Sysco's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Sysco's dividend has shown consistent growth over the last 10 years.

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

Food distribution stocks were up 0.52% in the last day, and up 3.68% over the last week.

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

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

Andersons (NASDAQ:ANDE) is the most undervalued food distribution stock based on WallStreetZen's Valuation Score. Andersons has a valuation score of 86, which is 33 points higher than the food distribution industry average of 53. It passed 6 out of 7 valuation due diligence checks.

Andersons's stock has dropped -22.69% in the past year. It has underperformed other stocks in the food distribution industry by -12 percentage points.

G Willi Food International (NASDAQ:WILC) is the second most undervalued food distribution stock based on WallStreetZen's Valuation Score. G Willi Food International has a valuation score of 86, which is 33 points higher than the food distribution industry average of 53. It passed 6 out of 7 valuation due diligence checks.

G Willi Food International's stock has dropped -31.24% in the past year. It has underperformed other stocks in the food distribution industry by -21 percentage points.

Amcon Distributing Co (NYSEMKT:DIT) is the third most undervalued food distribution stock based on WallStreetZen's Valuation Score. Amcon Distributing Co has a valuation score of 71, which is 18 points higher than the food distribution industry average of 53. It passed 5 out of 7 valuation due diligence checks.

Amcon Distributing Co's stock has gained 1.72% in the past year. It has overperformed other stocks in the food distribution industry by 12 percentage points.