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Sectors & IndustriesConsumer 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
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividends
OwnershipTechnicals
Ticker
Company
Dividends Score
Market Cap
Dividend Yield
Payout Ratio
Last Dividend
Annual Dividend
Dividend Percentile
Dividend Dropped Count (L10Y)
Ex-dividend Date
Div. Payment Date
SMPL
SIMPLY GOOD FOODS CO
$3.48BN/A0.00%N/AN/AN/AN/A
BON
BON NATURAL LIFE LTD
$4.79MN/A0.00%N/AN/AN/AN/A
DAR
DARLING INGREDIENTS INC
$8.65BN/A0.00%N/AN/AN/AN/A
LANC
LANCASTER COLONY CORP
$4.60B2.03%82.90%$0.8500$3.4036%12023-09-29
THRN
THORNE HEALTHTECH INC
$547.29MN/A0.00%N/AN/AN/AN/A
JJSF
J&J SNACK FOODS CORP
$3.19B1.71%81.40%$0.7350$2.8430%02023-10-10
MAMA
MAMA's CREATIONS INC
$165.87MN/A0.00%N/AN/AN/AN/A
LW
LAMB WESTON HOLDINGS INC
$13.70B1.15%15.00%$0.2800$1.0918%0
USNA
USANA HEALTH SCIENCES INC
$1.15BN/A0.00%N/AN/AN/AN/A
INGR
INGREDION INC
$6.58B2.85%32.60%$0.7100$2.8449%02023-09-292023-10-24
LWAY
LIFEWAY FOODS INC
$182.24MN/A0.00%N/AN/AN/AN/A
CPB
CAMPBELL SOUP CO
$12.70B3.47%51.60%$0.3700$1.4857%02023-10-042023-10-30
FAMI
FARMMI INC
$5.40MN/A0.00%N/AN/AN/AN/A
BTOG
BIT ORIGIN LTD
$4.76MN/A0.00%N/AN/AN/AN/A
K
KELLOGG CO
$20.61B3.94%93.70%$0.6000$2.3763%0
JBSS
SANFILIPPO JOHN B & SON INC
$1.13B4.62%82.90%$2.0000$4.5070%4
GIS
GENERAL MILLS INC
$37.68B3.41%53.40%$0.5900$2.2156%0
FLO
FLOWERS FOODS INC
$4.84B3.93%84.80%$0.2300$0.9063%0
PETZ
TDH HOLDINGS INC
$12.70MN/A0.00%N/AN/AN/AN/A
NOMD
NOMAD FOODS LTD
$2.73BN/A0.00%N/AN/AN/AN/A
BRBR
BELLRING BRANDS INC
$5.39BN/A0.00%N/AN/AN/AN/A
CENT
CENTRAL GARDEN & PET CO
$2.51BN/A0.00%N/AN/AN/AN/A
HRL
HORMEL FOODS CORP
$21.26B2.79%67.00%$0.2750$1.0948%0
RKDA
ARCADIA BIOSCIENCES INC
$3.60MN/A0.00%N/AN/AN/AN/A
KHC
KRAFT HEINZ CO
$41.96B4.68%62.30%$0.4000$1.6071%12023-09-29
SENEA
SENECA FOODS CORP
$409.22MN/A0.00%N/AN/AN/AN/A
BRID
BRIDGFORD FOODS CORP
$101.30MN/A0.00%N/AN/AN/AN/A
LFVN
LIFEVANTAGE CORP
$88.02M7.65%62.50%$0.4350$0.5388%0
FRPT
FRESHPET INC
$3.08BN/A0.00%N/AN/AN/AN/A
PPC
PILGRIMS PRIDE CORP
$5.40BN/A0.00%N/AN/AN/AN/A
CAG
CONAGRA BRANDS INC
$13.77B4.64%92.30%$0.3500$1.3471%1
UTZ
UTZ BRANDS INC
$1.93B1.66%1,125.00%$0.0570$0.2329%12023-10-05
MKC
MCCORMICK & CO INC
$20.54B2.01%58.20%$0.3900$1.5436%1
HLF
HERBALIFE LTD
$1.43BN/A0.00%$0.1500N/AN/A0
TWNK
HOSTESS BRANDS INC
$4.43BN/A0.00%N/AN/AN/AN/A
BYND
BEYOND MEAT INC
$615.53MN/A0.00%N/AN/AN/AN/A
NAII
NATURAL ALTERNATIVES INTERNATIONAL INC
$40.00MN/A0.00%N/AN/AN/AN/A
THS
TREEHOUSE FOODS INC
$2.56BN/A0.00%N/AN/AN/AN/A
BRCC
BRC INC
$771.21MN/A0.00%N/AN/AN/AN/A
BRFS
BRF SA
$2.09BN/A0.00%$0.1995N/AN/A2
SJM
J M SMUCKER CO
$12.93B4.06%-4,120.00%$1.0600$5.1465%0
RGF
REAL GOOD FOOD COMPANY INC
$94.21MN/A0.00%N/AN/AN/AN/A
NATR
NATURES SUNSHINE PRODUCTS INC
$310.35MN/A0.00%$1.0000N/AN/A1
POST
POST HOLDINGS INC
$5.39BN/A0.00%N/AN/AN/AN/A
NCRA
NOCERA INC
$17.03MN/A0.00%N/AN/AN/AN/A
JVA
COFFEE HOLDING CO INC
$4.94MN/A0.00%$0.0700N/AN/A0
BTTR
BETTER CHOICE CO INC
$3.70MN/A0.00%N/AN/AN/AN/A
FREE
WHOLE EARTH BRANDS INC
$151.82MN/A0.00%N/AN/AN/AN/A
FARM
FARMER BROTHERS CO
$53.54MN/A0.00%N/AN/AN/AN/A
STKL
SUNOPTA INC
$412.72MN/A0.00%N/AN/AN/AN/A
BSFC
BLUE STAR FOODS CORP
$889.84kN/A0.00%N/AN/AN/AN/A
CYAN
CYANOTECH CORP
$4.98MN/A0.00%N/AN/AN/AN/A
NUZE
NUZEE INC
$6.11MN/A0.00%N/AN/AN/AN/A
SNAX
STRYVE FOODS INC
$7.82MN/A0.00%N/AN/AN/AN/A
LSF
LAIRD SUPERFOOD INC
$9.81MN/A0.00%N/AN/AN/AN/A
PLAG
PLANET GREEN HOLDINGS CORP
$60.55MN/A0.00%N/AN/AN/AN/A
HAIN
HAIN CELESTIAL GROUP INC
$909.05MN/A0.00%N/AN/AN/AN/A
SOVO
SOVOS BRANDS INC
$2.30BN/A0.00%N/AN/AN/AN/A
BOF
BRANCHOUT FOOD INC
$8.36MN/AN/AN/AN/AN/AN/A
WEST
WESTROCK COFFEE CO
$800.77MN/A0.00%N/AN/AN/AN/A
BGS
B&G FOODS INC
$753.28M10.03%-373.20%$0.1900$1.0592%12023-09-282023-10-30
RIBT
RICEBRAN TECHNOLOGIES
$2.91MN/A0.00%N/AN/AN/AN/A
PAVS
PARANOVUS ENTERTAINMENT TECHNOLOGY LTD
$33.43MN/A0.00%$0.3000N/AN/A0
SMFL
SMART FOR LIFE INC
$1.70MN/A0.00%N/AN/AN/AN/A
STKH
STEAKHOLDER FOODS LTD
$19.72MN/A0.00%N/AN/AN/AN/A
YGF
YANGUFANG INTERNATIONAL GROUP CO LTD
$108.16MN/AN/AN/AN/AN/AN/A
1

Food Stocks FAQ

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

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

1. Simply Good Foods Co (NASDAQ:SMPL)


Simply Good Foods Co (NASDAQ:SMPL) is the top food stock with a Zen Score of 68, which is 37 points higher than the food industry average of 31. It passed 23 out of 33 due diligence checks and has strong fundamentals. Simply Good Foods Co has seen its stock return 14.45% over the past year, overperforming other food stocks by 19 percentage points.

Simply Good Foods Co has an average 1 year price target of $42.43, an upside of 21.5% from Simply Good Foods Co's current stock price of $34.92.

Simply Good Foods Co stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Simply Good Foods Co, 85.71% have issued a Strong Buy rating, 14.29% have issued a Buy, 0% 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 61, which is 30 points higher than the food industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Bon Natural Life has seen its stock lose -77.25% over the past year, underperforming other food stocks by -72 percentage points.

3. Darling Ingredients (NYSE:DAR)


Darling Ingredients (NYSE:DAR) is the third best food stock with a Zen Score of 59, which is 28 points higher than the food industry average of 31. It passed 20 out of 33 due diligence checks and has strong fundamentals. Darling Ingredients has seen its stock lose -25.17% over the past year, underperforming other food stocks by -20 percentage points.

Darling Ingredients has an average 1 year price target of $91.00, an upside of 67.77% from Darling Ingredients's current stock price of $54.24.

Darling Ingredients stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Darling Ingredients, 62.5% have issued a Strong Buy rating, 25% have issued a Buy, 12.5% 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 17 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 10.03%, which is 6 percentage points higher than the food industry average of 3.8%. 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 -373.2% 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 7.65%, which is 4 percentage points higher than the food industry average of 3.8%.

Lifevantage's dividend payout ratio of 62.5% indicates that its high dividend yield is sustainable for the long-term.

3. Kraft Heinz Co (NASDAQ:KHC)


Kraft Heinz Co (NASDAQ:KHC) has an annual dividend yield of 4.68%, which is 1 percentage points higher than the food industry average of 3.8%. 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 62.3% indicates that its dividend yield is sustainable for the long-term.

Why are food stocks down?

Food stocks were down -1.02% in the last day, and down -2.19% 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. Bit Origin (NASDAQ:BTOG)


Bit Origin (NASDAQ:BTOG) is the most undervalued food stock based on WallStreetZen's Valuation Score. Bit Origin has a valuation score of 86, which is 58 points higher than the food industry average of 28. It passed 6 out of 7 valuation due diligence checks.

Bit Origin's stock has dropped -87.86% in the past year. It has underperformed other stocks in the food industry by -83 percentage points.

2. Bon Natural Life (NASDAQ:BON)


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

Bon Natural Life's stock has dropped -77.25% in the past year. It has underperformed other stocks in the food industry by -72 percentage points.

3. Darling Ingredients (NYSE:DAR)


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

Darling Ingredients's stock has dropped -25.17% in the past year. It has underperformed other stocks in the food industry by -20 percentage points.

Are food stocks a good buy now?

40% of food stocks rated by analysts are a strong buy right now. On average, analysts expect food stocks to rise by 23.83% 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 -39.5x.
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