Sectors & Industries Consumer DefensivePackaged Foods
Best Food Stocks to Buy Now (2023)
Top food stocks in 2023 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	$12.68M	$1.51	-10.12%	$8.32M	2.01x	0.24
DAR	DARLING INGREDIENTS INC	NYSE	Packaged Foods	$8.46B	$52.90	-1.91%	$1.40B	11.55x	1.39
BRID	BRIDGFORD FOODS CORP	NASDAQ	Packaged Foods	$125.71M	$13.85	-0.57%	$69.89M	2.75x	0.33
PPC	PILGRIMS PRIDE CORP	NASDAQ	Packaged Foods	$5.47B	$23.14	-2.16%	$1.58B	7.44x	2.25
SMPL	SIMPLY GOOD FOODS CO	NASDAQ	Packaged Foods	$3.67B	$36.85	-2.31%	$210.86M	29.72x	0.43
NAII	NATURAL ALTERNATIVES INTERNATIONAL INC	NASDAQ	Packaged Foods	$56.17M	$9.30	0.65%	$14.91M	6.50x	0.57
FAMI	FARMMI INC	NASDAQ	Packaged Foods	$9.90M	$0.41	-0.24%	$2.61M	4.14x	0.06
GIS	GENERAL MILLS INC	NYSE	Packaged Foods	$47.05B	$79.79	-0.85%	$4.46B	16.52x	2.07
SENEA	SENECA FOODS CORP	NASDAQ	Packaged Foods	$391.45M	$51.53	-1.88%	$112.61M	8.24x	1.23
NOMD	NOMAD FOODS LTD	NYSE	Packaged Foods	$3.12B	$17.89	-1.21%	$498.92M	11.63x	1.43
INGR	INGREDION INC	NYSE	Packaged Foods	$6.37B	$96.60	0.41%	$972.00M	13.00x	1.37
MGPI	MGP INGREDIENTS INC	NASDAQ	Packaged Foods	$2.04B	$92.59	-0.96%	$167.67M	18.74x	0.55
SJM	J M SMUCKER CO	NYSE	Packaged Foods	$16.20B	$151.88	-1.25%	$1.54B	22.80x	0.92
BRFS	BRF SA	NYSE	Packaged Foods	$1.11B	$1.37	5.38%	$1.15B	11.05x	5.56
RGF	REAL GOOD FOOD COMPANY INC	NASDAQ	Packaged Foods	$129.02M	$5.01	7.97%	$11.74M	0.01x	3.30
K	KELLOGG CO	NYSE	Packaged Foods	$22.13B	$64.74	-0.35%	$1.90B	23.04x	3.58
FLO	FLOWERS FOODS INC	NYSE	Packaged Foods	$5.64B	$26.68	-2.91%	$469.59M	24.70x	1.30
JJSF	J&J SNACK FOODS CORP	NASDAQ	Packaged Foods	$2.71B	$140.81	-1.88%	$113.47M	62.86x	0.43
LW	LAMB WESTON HOLDINGS INC	NYSE	Packaged Foods	$14.00B	$97.31	-1.00%	$938.10M	29.67x	6.98
CPB	CAMPBELL SOUP CO	NYSE	Packaged Foods	$15.99B	$53.38	-1.26%	$1.60B	19.70x	2.33
POST	POST HOLDINGS INC	NYSE	Packaged Foods	$5.01B	$85.09	-1.91%	$1.66B	5.93x	2.22
HAIN	HAIN CELESTIAL GROUP INC	NASDAQ	Packaged Foods	$1.50B	$16.75	-2.22%	$141.31M	32.84x	1.20
JBSS	SANFILIPPO JOHN B & SON INC	NASDAQ	Packaged Foods	$1.11B	$96.13	0.64%	$104.64M	17.97x	0.55
TWNK	HOSTESS BRANDS INC	NASDAQ	Packaged Foods	$3.26B	$24.40	-3.40%	$312.78M	20.33x	0.94
HRL	HORMEL FOODS CORP	NYSE	Packaged Foods	$20.96B	$38.35	-2.07%	$1.59B	21.31x	0.74
CENT	CENTRAL GARDEN & PET CO	NASDAQ	Packaged Foods	$2.10B	$38.94	-2.77%	$366.39M	15.39x	1.44
BRBR	BELLRING BRANDS INC	NYSE	Packaged Foods	$3.95B	$29.57	-1.20%	$238.10M	32.49x	-2.99
LANC	LANCASTER COLONY CORP	NASDAQ	Packaged Foods	$5.46B	$198.15	-0.08%	$173.32M	53.41x	0.29
NUZE	NUZEE INC	NASDAQ	Packaged Foods	$7.77M	$11.25	-6.25%	-$10.42M	-0.58x	0.27
KHC	KRAFT HEINZ CO	NASDAQ	Packaged Foods	$46.10B	$37.63	-1.44%	$4.82B	19.50x	0.86
FRPT	FRESHPET INC	NASDAQ	Packaged Foods	$2.86B	$59.62	2.32%	-$19.45M	-46.22x	0.09
THRN	THORNE HEALTHTECH INC	NASDAQ	Packaged Foods	$246.77M	$4.67	2.86%	$14.75M	27.47x	0.46
MMMB	MAMAMANCINI's HOLDINGS INC	NASDAQ	Packaged Foods	$67.19M	$1.85	2.78%	$1.25M	-61.67x	2.18
TTCF	TATTOOED CHEF INC	NASDAQ	Packaged Foods	$112.94M	$1.35	7.14%	-$91.93M	-1.13x	0.73
PETZ	TDH HOLDINGS INC	NASDAQ	Packaged Foods	$7.75M	$1.23	-2.78%	-$9.23M	-0.70x	1.06
MKC	MCCORMICK & CO INC	NYSE	Packaged Foods	$19.47B	$72.62	-0.86%	$1.16B	28.59x	1.80
RIBT	RICEBRAN TECHNOLOGIES	NASDAQ	Packaged Foods	$5.44M	$0.85	-21.11%	-$5.02M	-0.60x	1.13
CAG	CONAGRA BRANDS INC	NYSE	Packaged Foods	$16.93B	$35.52	-1.00%	$1.71B	25.01x	1.58
BRCC	BRC INC	NYSE	Packaged Foods	$1.09B	$5.17	-6.17%	-$76.56M	-3.19x	5.02
CVGW	CALAVO GROWERS INC	NASDAQ	Packaged Foods	$404.53M	$22.80	-3.59%	$16.30M	-78.62x	0.83
BSFC	BLUE STAR FOODS CORP	NASDAQ	Packaged Foods	$3.32M	$0.13	-13.33%	-$6.23M	-0.41x	2.17
FREE	WHOLE EARTH BRANDS INC	NASDAQ	Packaged Foods	$124.17M	$2.95	0.00%	$2.26M	-2.08x	2.09
HLF	HERBALIFE NUTRITION LTD	NYSE	Packaged Foods	$1.67B	$17.02	-5.23%	$679.50M	5.22x	-3.16
BYND	BEYOND MEAT INC	NASDAQ	Packaged Foods	$996.03M	$15.54	-7.77%	-$324.39M	-2.70x	-6.22
FARM	FARMER BROTHERS CO	NASDAQ	Packaged Foods	$74.43M	$3.73	-6.28%	$5.82M	-2.39x	3.09
PLAG	PLANET GREEN HOLDINGS CORP	NYSEMKT	Packaged Foods	$37.34M	$0.52	-1.52%	-$6.71M	-1.92x	0.58
DTEA	DAVIDSTEA INC	NASDAQ	Packaged Foods	$20.94M	$0.79	-0.25%	-$5.71M	-2.07x	0.81
THS	TREEHOUSE FOODS INC	NYSE	Packaged Foods	$2.56B	$45.65	-3.41%	$75.70M	-17.49x	1.52
BTOG	BIT ORIGIN LTD	NASDAQ	Packaged Foods	$23.15M	$0.25	-4.91%	$3.57M	-6.30x	0.01
LSF	LAIRD SUPERFOOD INC	NYSEMKT	Packaged Foods	$7.15M	$0.78	-13.49%	-$39.20M	-0.18x	0.33
BTTR	BETTER CHOICE CO INC	NYSEMKT	Packaged Foods	$15.00M	$0.51	2.00%	-$17.93M	-0.61x	0.43
LWAY	LIFEWAY FOODS INC	NASDAQ	Packaged Foods	$94.68M	$6.11	-0.16%	$3.76M	N/A	0.46
SNAX	STRYVE FOODS INC	NASDAQ	Packaged Foods	$18.62M	$0.58	-0.85%	-$37.61M	-0.38x	0.95
BGS	B&G FOODS INC	NYSE	Packaged Foods	$1.07B	$14.91	-0.67%	$203.44M	-93.19x	3.43
CLXT	CALYXT INC	NASDAQ	Packaged Foods	$16.79M	$0.34	3.03%	-$15.27M	-0.92x	2.10
CYAN	CYANOTECH CORP	NASDAQ	Packaged Foods	$6.27M	$1.00	2.35%	$752.00k	-3.45x	0.68
JVA	COFFEE HOLDING CO INC	NASDAQ	Packaged Foods	$10.62M	$1.86	-1.33%	$1.16M	26.57x	0.53
STKH	STEAKHOLDER FOODS LTD	NASDAQ	Packaged Foods	$9.87M	$0.68	-4.23%	-$15.03M	-0.49x	0.36
STKL	SUNOPTA INC	NASDAQ	Packaged Foods	$817.17M	$7.57	-4.90%	$45.23M	-108.14x	1.59
UTZ	UTZ BRANDS INC	NYSE	Packaged Foods	$2.26B	$16.12	-8.10%	$106.91M	N/A	1.98
SOVO	SOVOS BRANDS INC	NASDAQ	Packaged Foods	$1.48B	$14.81	1.09%	$2.80M	-27.94x	1.43
SMFL	SMART FOR LIFE INC	NASDAQ	Packaged Foods	$5.00M	$0.16	-5.45%	-$8.27M	-0.12x	15.65

Food Stocks FAQ

What are the best food stocks to buy right now in Mar 2023?

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 62, which is 28 points higher than the food industry average of 34. It passed 21 out of 33 due diligence checks and has strong fundamentals. Darling Ingredients has seen its stock lose -29.08% over the past year, underperforming other food stocks by -23 percentage points.

Darling Ingredients has an average 1 year price target of $96.22, an upside of 81.89% from Darling Ingredients's current stock price of $52.90.

Darling Ingredients stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Darling Ingredients, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% 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 62, which is 28 points higher than the food industry average of 34. It passed 21 out of 33 due diligence checks and has strong fundamentals. Bon Natural Life has seen its stock lose -57.1% over the past year, underperforming other food stocks by -51 percentage points.

3. Bridgford Foods (NASDAQ:BRID)

Bridgford Foods (NASDAQ:BRID) is the third best food stock with a Zen Score of 60, which is 26 points higher than the food industry average of 34. It passed 19 out of 33 due diligence checks and has strong fundamentals. Bridgford Foods has seen its stock return 25.62% over the past year, overperforming other food stocks by 32 percentage points.

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. Coffee Holding Co (NASDAQ:JVA)

Coffee Holding Co (NASDAQ:JVA) has an annual dividend yield of N/A, which is N/A percentage points lower than the food industry average of 2.96%. Coffee Holding Co's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Coffee Holding Co's dividend has not shown consistent growth over the last 10 years.

Coffee Holding Co's dividend payout ratio of 100% indicates that its dividend yield might not be sustainable for the long-term.

2. B&G Foods (NYSE:BGS)

B&G Foods (NYSE:BGS) has an annual dividend yield of 10.83%, which is 8 percentage points higher than the food industry average of 2.96%. 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 -1,009.4% indicates that its high dividend yield might not be sustainable for the long-term.

3. Kraft Heinz Co (NASDAQ:KHC)

Kraft Heinz Co (NASDAQ:KHC) has an annual dividend yield of 4.25%, which is 1 percentage points higher than the food industry average of 2.96%. 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 82.9% indicates that its dividend yield is sustainable for the long-term.

Why are food stocks down?

Food stocks were down -1.25% in the last day, and up 0.5% over the last week. Ricebran Technologies was the among the top losers in the packaged foods industry, dropping -21.11% yesterday.

RiceBran Tech shares are trading lower after the company reported Q4 financial results.

What are the most undervalued food stocks?

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

1. Bridgford Foods (NASDAQ:BRID)

Bridgford Foods (NASDAQ:BRID) is the most undervalued food stock based on WallStreetZen's Valuation Score. Bridgford Foods has a valuation score of 86, which is 55 points higher than the food industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Bridgford Foods's stock has gained 25.62% in the past year. It has overperformed other stocks in the food industry by 32 percentage points.

2. Natural Alternatives International (NASDAQ:NAII)

Natural Alternatives International (NASDAQ:NAII) is the second most undervalued food stock based on WallStreetZen's Valuation Score. Natural Alternatives International has a valuation score of 86, which is 55 points higher than the food industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Natural Alternatives International's stock has dropped -18.42% in the past year. It has underperformed other stocks in the food industry by -12 percentage points.

3. Seneca Foods (NASDAQ:SENEA)

Seneca Foods (NASDAQ:SENEA) is the third most undervalued food stock based on WallStreetZen's Valuation Score. Seneca Foods has a valuation score of 86, which is 55 points higher than the food industry average of 31. It passed 6 out of 7 valuation due diligence checks.

Seneca Foods's stock has dropped -2.5% in the past year. It has overperformed other stocks in the food industry by 4 percentage points.

Are food stocks a good buy now?

36% of food stocks rated by analysts are a strong buy right now. On average, analysts expect food stocks to rise by 15.55% 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 18.97x.

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.