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Best Food Stocks to Buy Now (2022)
Top food stocks in 2022 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
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
DAR
DARLING INGREDIENTS INC
NYSE
Packaged Foods
$10.61B$66.15-0.32%$1.25B15.38x1.28
BON
BON NATURAL LIFE LTD
NASDAQ
Packaged Foods
$18.06M$2.160.60%$6.53M3.61x0.33
PPC
PILGRIMS PRIDE CORP
NASDAQ
Packaged Foods
$5.50B$23.02-0.90%$1.50B7.52x2.26
THRN
THORNE HEALTHTECH INC
NASDAQ
Packaged Foods
$249.47M$4.73-1.05%$12.67M39.42x0.52
NAII
NATURAL ALTERNATIVES INTERNATIONAL INC
NASDAQ
Packaged Foods
$56.46M$9.27-2.11%$17.91M5.30x0.65
HAIN
HAIN CELESTIAL GROUP INC
NASDAQ
Packaged Foods
$1.51B$16.88-1.97%$160.01M20.10x1.27
SMPL
SIMPLY GOOD FOODS CO
NASDAQ
Packaged Foods
$3.21B$31.99-0.37%$189.72M32.31x0.47
FREE
WHOLE EARTH BRANDS INC
NASDAQ
Packaged Foods
$161.18M$3.84-4.24%$65.03M12.00x1.80
GIS
GENERAL MILLS INC
NYSE
Packaged Foods
$45.47B$76.61-1.42%$4.46B15.96x1.92
INGR
INGREDION INC
NYSE
Packaged Foods
$5.28B$80.52-1.91%$907.00M11.77x1.31
RGF
REAL GOOD FOOD COMPANY INC
NASDAQ
Packaged Foods
$166.33M$6.46-1.22%$797.00k0.04x2.83
K
KELLOGG CO
NYSE
Packaged Foods
$23.69B$69.66-2.60%$2.61B15.94x3.52
JBSS
SANFILIPPO JOHN B & SON INC
NASDAQ
Packaged Foods
$872.93M$75.73-0.86%$101.90M14.13x0.60
BRBR
BELLRING BRANDS INC
NYSE
Packaged Foods
$2.81B$20.611.03%$143.60M26.77x-2.84
JJSF
J&J SNACK FOODS CORP
NASDAQ
Packaged Foods
$2.48B$129.47-1.42%$115.48M50.77x0.51
MGPI
MGP INGREDIENTS INC
NASDAQ
Packaged Foods
$2.33B$106.162.09%$183.68M19.73x0.57
BRID
BRIDGFORD FOODS CORP
NASDAQ
Packaged Foods
$128.44M$14.15-1.74%$62.89M3.33x0.54
FLO
FLOWERS FOODS INC
NYSE
Packaged Foods
$5.23B$24.69-1.63%$452.06M24.45x1.31
NOMD
NOMAD FOODS LTD
NYSE
Packaged Foods
$2.47B$14.20-4.05%$443.57M10.87x1.57
SJM
J M SMUCKER CO
NYSE
Packaged Foods
$14.64B$137.41-1.14%$1.39B25.21x1.00
CPB
CAMPBELL SOUP CO
NYSE
Packaged Foods
$14.11B$47.120.23%$1.50B18.77x2.57
BRFS
BRF SA
NYSE
Packaged Foods
$1.90B$2.34-2.50%$1.15B18.87x5.56
CYAN
CYANOTECH CORP
NASDAQ
Packaged Foods
$13.41M$2.16-1.82%$3.49M12.00x0.61
LANC
LANCASTER COLONY CORP
NASDAQ
Packaged Foods
$4.14B$150.28-1.17%$158.27M46.10x0.29
SENEA
SENECA FOODS CORP
NASDAQ
Packaged Foods
$399.96M$50.441.53%$97.78M10.27x0.80
LW
LAMB WESTON HOLDINGS INC
NYSE
Packaged Foods
$11.12B$77.38-0.90%$625.80M56.07x10.48
CENT
CENTRAL GARDEN & PET CO
NASDAQ
Packaged Foods
$1.96B$36.040.03%$380.61M12.73x1.48
HRL
HORMEL FOODS CORP
NYSE
Packaged Foods
$24.82B$45.44-1.00%$1.59B24.70x0.78
MMMB
MAMAMANCINI's HOLDINGS INC
NASDAQ
Packaged Foods
$39.59M$1.09-1.80%-$557.97k-18.17x3.00
TWNK
HOSTESS BRANDS INC
NASDAQ
Packaged Foods
$3.17B$23.24-2.60%$265.92M24.46x1.00
BGS
B&G FOODS INC
NYSE
Packaged Foods
$1.18B$16.49-2.19%$262.45M28.43x3.17
POST
POST HOLDINGS INC
NYSE
Packaged Foods
$4.89B$81.91-1.05%$1.49B7.19x2.31
FRPT
FRESHPET INC
NASDAQ
Packaged Foods
$2.40B$50.09-0.14%-$14.07M-45.13x0.14
BSFC
BLUE STAR FOODS CORP
NASDAQ
Packaged Foods
$15.80M$0.63-2.33%-$2.97M-3.50x1.38
NUZE
NUZEE INC
NASDAQ
Packaged Foods
$7.74M$0.33-0.91%-$11.49M-0.49x0.22
KHC
KRAFT HEINZ CO
NASDAQ
Packaged Foods
$40.87B$33.35-0.63%$4.13B26.90x0.88
CLXT
CALYXT INC
NASDAQ
Packaged Foods
$8.05M$0.17-3.37%-$19.80M-0.31x1.33
CAG
CONAGRA BRANDS INC
NYSE
Packaged Foods
$15.67B$32.63-1.89%$1.93B17.64x1.55
CVGW
CALAVO GROWERS INC
NASDAQ
Packaged Foods
$562.98M$31.75-1.49%-$3.90M-35.28x0.91
LSF
LAIRD SUPERFOOD INC
NYSEMKT
Packaged Foods
$16.70M$1.821.11%-$30.14M-0.53x0.21
RIBT
RICEBRAN TECHNOLOGIES
NASDAQ
Packaged Foods
$9.42M$1.80-3.74%-$8.85M-0.75x1.03
BTTR
BETTER CHOICE CO INC
NYSEMKT
Packaged Foods
$23.37M$0.80-6.02%-$14.90M-1.08x0.36
PETZ
TDH HOLDINGS INC
NASDAQ
Packaged Foods
$20.45M$3.242.86%-$9.07M-1.62x1.44
TTCF
TATTOOED CHEF INC
NASDAQ
Packaged Foods
$410.65M$4.98-0.60%-$60.27M-5.93x0.38
MKC
MCCORMICK & CO INC
NYSE
Packaged Foods
$19.12B$71.27-3.05%$1.12B27.95x1.81
FARM
FARMER BROTHERS CO
NASDAQ
Packaged Foods
$88.29M$4.691.08%$17.36M-5.27x2.34
DTEA
DAVIDSTEA INC
NASDAQ
Packaged Foods
$19.39M$0.737.35%-$2.82M-2.70x0.68
STKL
SUNOPTA INC
NASDAQ
Packaged Foods
$980.30M$9.10-0.76%$41.96M-182.00x1.59
JVA
COFFEE HOLDING CO INC
NASDAQ
Packaged Foods
$14.27M$2.503.09%$1.16M35.71x0.53
FAMI
FARMMI INC
NASDAQ
Packaged Foods
$13.32M$0.560.00%$610.98k-0.44x0.02
SNAX
STRYVE FOODS INC
NASDAQ
Packaged Foods
$15.52M$0.531.92%-$40.95M-0.29x0.56
BYND
BEYOND MEAT INC
NASDAQ
Packaged Foods
$902.17M$14.17-1.80%-$297.41M-2.70x-26.41
BTOG
BIT ORIGIN LTD
NASDAQ
Packaged Foods
$35.73M$0.395.99%$3.57M-9.73x0.01
PLAG
PLANET GREEN HOLDINGS CORP
NYSEMKT
Packaged Foods
$47.57M$0.660.00%-$6.56M-2.06x0.61
LWAY
LIFEWAY FOODS INC
NASDAQ
Packaged Foods
$88.64M$5.720.70%$3.56M-190.67x0.41
HLF
HERBALIFE NUTRITION LTD
NYSE
Packaged Foods
$2.15B$19.89-4.05%$699.70M5.88x-2.98
BRCC
BRC INC
NYSE
Packaged Foods
$1.64B$7.731.84%-$86.70MN/A1.92
LNDC
LANDEC CORP
NASDAQ
Packaged Foods
$263.10M$8.890.00%-$68.03M-2.69x1.73
VGFC
VERY GOOD FOOD CO INC
NASDAQ
Packaged Foods
$16.27M$0.12-3.91%N/A-0.43x2.55
STKH
STEAKHOLDER FOODS LTD
NASDAQ
Packaged Foods
$24.67M$1.95-2.99%-$16.94M-1.26x0.25
UTZ
UTZ BRANDS INC
NYSE
Packaged Foods
$2.12B$15.10-1.63%$140.20M100.67x1.89
SOVO
SOVOS BRANDS INC
NASDAQ
Packaged Foods
$1.44B$14.243.41%$29.22M-37.47x1.35
THS
TREEHOUSE FOODS INC
NYSE
Packaged Foods
$2.38B$42.420.71%$229.70M-43.29x1.90
SMFL
SMART FOR LIFE INC
NASDAQ
Packaged Foods
$12.16M$0.380.79%N/AN/A5.56

Food Stocks FAQ

What are the best food stocks to buy right now in Oct 2022?

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

1. Darling Ingredients (NYSE:DAR)


Darling Ingredients (NYSE:DAR) is the top food stock with a Zen Score of 74, which is 37 points higher than the food industry average of 37. It passed 25 out of 33 due diligence checks and has strong fundamentals. Darling Ingredients has seen its stock lose -8% over the past year, overperforming other food stocks by 10 percentage points.

Darling Ingredients has an average 1 year price target of $100.00, an upside of 51.17% from Darling Ingredients's current stock price of $66.15.

Darling Ingredients stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Darling Ingredients, 57.14% have issued a Strong Buy rating, 28.57% have issued a Buy, 14.29% 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 70, which is 33 points higher than the food industry average of 37. It passed 23 out of 33 due diligence checks and has strong fundamentals. Bon Natural Life has seen its stock lose -74.46% over the past year, underperforming other food stocks by -56 percentage points.

3. Pilgrims Pride (NASDAQ:PPC)


Pilgrims Pride (NASDAQ:PPC) is the third best food stock with a Zen Score of 65, which is 28 points higher than the food industry average of 37. It passed 21 out of 33 due diligence checks and has strong fundamentals. Pilgrims Pride has seen its stock lose -20.84% over the past year, underperforming other food stocks by -2 percentage points.

Pilgrims Pride has an average 1 year price target of $33.67, an upside of 46.25% from Pilgrims Pride's current stock price of $23.02.

Pilgrims Pride stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Pilgrims Pride, 66.67% have issued a Strong Buy rating, 33.33% 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 19 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 11.52%, which is 8 percentage points higher than the food industry average of 3.11%. B&G Foods's dividend payout is stable, having never dropped by more than 10% in the last 10 years. B&G Foods's dividend has shown consistent growth over the last 10 years.

B&G Foods's dividend payout ratio of 327.6% indicates that its high dividend yield might not be sustainable for the long-term.

2. Kraft Heinz Co (NASDAQ:KHC)


Kraft Heinz Co (NASDAQ:KHC) has an annual dividend yield of 4.8%, which is 2 percentage points higher than the food industry average of 3.11%. Kraft Heinz Co's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Kraft Heinz Co's dividend has not shown consistent growth over the last 10 years.

Kraft Heinz Co's dividend payout ratio of 129% indicates that its 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 3.88%, which is 1 percentage points higher than the food industry average of 3.11%. 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 67.6% indicates that its dividend yield is sustainable for the long-term.

Why are food stocks down?

Food stocks were down -0.92% in the last day, and down -2.41% over the last week.

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

What are the most undervalued food stocks?

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

1. Natural Alternatives International (NASDAQ:NAII)


Natural Alternatives International (NASDAQ:NAII) is the most undervalued food stock based on WallStreetZen's Valuation Score. Natural Alternatives International has a valuation score of 100, which is 61 points higher than the food industry average of 39. It passed 7 out of 7 valuation due diligence checks.

Natural Alternatives International's stock has dropped -31.33% in the past year. It has underperformed other stocks in the food industry by -13 percentage points.

2. Seneca Foods (NASDAQ:SENEA)


Seneca Foods (NASDAQ:SENEA) is the second most undervalued food stock based on WallStreetZen's Valuation Score. Seneca Foods has a valuation score of 86, which is 47 points higher than the food industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Seneca Foods's stock has gained 4.6% in the past year. It has overperformed other stocks in the food industry by 23 percentage points.

3. Whole Earth Brands (NASDAQ:FREE)


Whole Earth Brands (NASDAQ:FREE) is the third most undervalued food stock based on WallStreetZen's Valuation Score. Whole Earth Brands has a valuation score of 86, which is 47 points higher than the food industry average of 39. It passed 6 out of 7 valuation due diligence checks.

Whole Earth Brands's stock has dropped -66.75% in the past year. It has underperformed other stocks in the food industry by -48 percentage points.

Are food stocks a good buy now?

47.06% of food stocks rated by analysts are a strong buy right now. On average, analysts expect food stocks to rise by 26.05% 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 20.47x.
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.