Sectors & Industries Consumer DefensivePackaged Foods
Best Food Stocks to Buy Now (2024)
Top food stocks in 2024 ranked by overall Due Diligence Score. See the best food stocks to buy now, according to analyst forecasts for the packaged foods industry.

Industry: Packaged Foods

Overview Due Diligence Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
PPC	PILGRIMS PRIDE CORP	United States	$11.94B	237,123,061	4.72%	95.28%	Net Selling
FTLF	FITLIFE BRANDS INC	United States	$147.60M	4,598,241	1.46%	98.54%	Net Selling
LWAY	LIFEWAY FOODS INC	United States	$364.63M	14,816,470	18.38%	81.62%	Net Selling
MAMA	MAMA's CREATIONS INC	United States	$344.59M	37,577,493	62.61%	18.84%	Net Selling	Net Selling
FRPT	FRESHPET INC	United States	$7.49B	48,536,779	61.07%	38.93%	Net Selling	Net Selling
LANC	LANCASTER COLONY CORP	United States	$4.95B	27,565,000	44.10%	55.90%	Net Buying
LW	LAMB WESTON HOLDINGS INC	United States	$11.06B	142,597,776	90.16%	1.12%	Net Selling
FLO	FLOWERS FOODS INC	United States	$4.62B	210,597,558	67.90%	15.33%	Net Selling
INGR	INGREDION INC	United States	$9.46B	65,157,632	85.08%	7.38%	Net Selling	Net Selling
K	KELLANOVA	United States	$27.83B	344,697,894	67.46%	32.54%	Net Selling	Net Selling
SJM	J M SMUCKER CO	United States	$12.39B	106,415,968	79.94%	12.30%	Net Selling
BRBR	BELLRING BRANDS INC	United States	$10.04B	128,782,398	92.44%	5.02%	Net Selling	Net Selling
JJSF	J&J SNACK FOODS CORP	United States	$3.25B	19,478,439	27.65%	72.35%	Net Buying	Net Buying
DAR	DARLING INGREDIENTS INC	United States	$5.72B	159,048,249	92.72%	7.28%	Net Selling	Net Selling
GIS	GENERAL MILLS INC	United States	$36.12B	555,158,898	75.09%	1.61%	Net Selling	Net Selling
CPB	CAMPBELL SOUP CO	United States	$12.74B	298,109,244	25.28%	74.72%	Net Selling	Net Selling
SMPL	SIMPLY GOOD FOODS CO	United States	$3.93B	100,221,529	83.31%	16.69%	Net Selling	Net Selling
NATR	NATURES SUNSHINE PRODUCTS INC	United States	$295.98M	18,475,569	24.38%	75.62%	Net Selling	Net Selling
USNA	USANA HEALTH SCIENCES INC	United States	$711.11M	19,059,572	18.53%	81.47%	Net Selling	Net Selling
JBSS	SANFILIPPO JOHN B & SON INC	United States	$1.00B	11,603,464	39.90%	60.10%	Net Selling	Net Selling
KHC	KRAFT HEINZ CO	United States	$37.25B	1,209,174,894	75.95%	24.05%	Net Selling	Net Selling
SENEA	SENECA FOODS CORP	United States	$502.34M	6,890,839	42.00%	27.49%	Net Buying
HRL	HORMEL FOODS CORP	United States	$17.83B	549,012,922	39.63%	48.26%	Net Selling	Net Buying
BON	BON NATURAL LIFE LTD	China	$2.16M	1,413,866	0.00%	0.00%
ORIS	ORIENTAL RISE HOLDINGS LTD	China	N/A	22,000,000	0.00%	0.00%
POST	POST HOLDINGS INC	United States	$6.87B	58,453,277	85.13%	14.87%	Net Selling	Net Selling
MKC	MCCORMICK & CO INC	United States	$20.80B	268,357,046	79.63%	0.39%	Net Selling	Net Buying
JVA	COFFEE HOLDING CO INC	United States	$22.32M	5,708,599	11.87%	88.13%	Net Buying
CAG	CONAGRA BRANDS INC	United States	$13.00B	477,273,006	84.03%	7.82%	Net Selling	Net Buying
CENT	CENTRAL GARDEN & PET CO	United States	$2.64B	65,594,273	78.36%	21.64%	Net Selling	Net Selling
FAMI	FARMMI INC	China	$1.93M	6,895,786	3.71%	0.00%
SOWG	SOW GOOD INC	United States	$30.53M	10,245,388	0.31%	99.69%	Net Buying
KLG	WK KELLOGG CO	United States	$1.76B	86,125,244	84.26%	15.74%	Net Buying	Net Buying
NOMD	NOMAD FOODS LTD	United Kingdom	$2.91B	170,300,000	71.03%	0.00%
PETZ	TDH HOLDINGS INC	China	$12.28M	10,323,268	0.29%	0.00%
LSF	LAIRD SUPERFOOD INC	United States	$92.44M	10,270,703	11.09%	44.86%	Net Buying	Net Selling
BRCC	BRC INC	United States	$661.63M	212,742,867	18.85%	29.20%	Net Selling	Net Selling
BTTR	BETTER CHOICE CO INC	United States	$4.12M	1,933,139	2.01%	97.99%	Net Buying	Net Buying
HLF	HERBALIFE LTD	Cayman Islands	$802.30M	100,791,979	19.62%	80.38%	Net Buying	Net Buying
BRFS	BRF SA	Brazil	$7.82B	1,678,656,067	3.76%	0.00%
BSFC	BLUE STAR FOODS CORP	United States	$2.33M	7,934,270	0.54%	99.46%	Net Buying	Net Buying
RGF	REAL GOOD FOOD COMPANY INC	United States	$7.85M	33,684,204	16.07%	39.13%	Net Selling	Net Selling
RKDA	ARCADIA BIOSCIENCES INC	United States	$7.55M	1,364,940	0.07%	99.93%	Net Buying
LFVN	LIFEVANTAGE CORP	United States	$182.99M	12,525,229	12.64%	87.36%	Net Selling	Net Selling
FARM	FARMER BROTHERS CO	United States	$44.24M	21,268,223	6.25%	93.75%	Net Selling	Net Selling
BRID	BRIDGFORD FOODS CORP	United States	$87.59M	9,076,832	1.47%	98.53%	Net Buying	Net Buying
DDC	DDC ENTERPRISE LTD	China	$3.33M	20,158,176	0.60%	0.00%
THS	TREEHOUSE FOODS INC	United States	$1.71B	51,200,000	75.36%	24.64%	Net Selling
UTZ	UTZ BRANDS INC	United States	$2.38B	140,886,542	47.68%	52.32%	Net Selling	Net Selling
STKL	SUNOPTA INC	Canada	$910.83M	116,923,545	55.60%	44.40%	Net Selling	Net Selling
BGS	B&G FOODS INC	United States	$544.65M	79,163,886	65.30%	4.32%	Net Buying	Net Buying
NCRA	NOCERA INC	United States	$14.02M	14,016,987	0.63%	31.22%	Net Buying	Net Buying
PLAG	PLANET GREEN HOLDINGS CORP	United States	$18.28M	7,282,714	0.07%	99.93%
STKH	STEAKHOLDER FOODS LTD	Israel	$5.62M	282,246,127	0.03%	0.00%
WYHG	WING YIP FOOD HOLDINGS GROUP LTD	China	$245.62M	50,023,428	0.00%	0.00%
BYND	BEYOND MEAT INC	United States	$296.68M	65,203,317	46.34%	18.97%	Net Selling	Net Selling
BOF	BRANCHOUT FOOD INC	United States	$14.45M	7,853,202	3.27%	24.25%	Net Buying
HAIN	HAIN CELESTIAL GROUP INC	United States	$745.91M	90,194,130	71.18%	28.82%	Net Selling	Net Selling
NAII	NATURAL ALTERNATIVES INTERNATIONAL INC	United States	$27.15M	6,198,778	30.36%	62.74%	Net Selling
PAVS	PARANOVUS ENTERTAINMENT TECHNOLOGY LTD	China	$6.76M	7,336,930	0.65%	0.00%
ATPC	AGAPE ATP CORP	Malaysia	$5.92M	3,989,056	0.64%	0.00%
WEST	WESTROCK COFFEE CO	United States	$651.78M	94,188,120	38.70%	61.30%	Net Selling	Net Buying
HCWC	HEALTHY CHOICE WELLNESS CORP	United States	$11.98M	9,815,749	5.00%	15.56%	Net Buying	Net Buying
IMG	CIMG INC	United States	$4.01M	5,005,170	2.44%	97.56%	Net Buying	Net Buying
BRLS	BOREALIS FOODS INC	Canada	$138.96M	21,378,890	0.14%	87.70%	Net Buying
ABVE	ABOVE FOOD INGREDIENTS INC	Canada	$16.68M	27,804,607	0.22%	78.40%
SNAX	STRYVE FOODS INC	United States	$3.44M	4,046,802	4.45%	95.55%	Net Buying	Net Selling

Food Stocks FAQ

What are the best food stocks to buy right now in Dec 2024?

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

1. Fitlife Brands (NASDAQ:FTLF)

Fitlife Brands (NASDAQ:FTLF) is the top food stock with a Due Diligence Score of 62, which is 32 points higher than the food industry average of 30. It passed 21 out of 33 due diligence checks and has strong fundamentals. Fitlife Brands has seen its stock return 62.12% over the past year, overperforming other food stocks by 53 percentage points.

Fitlife Brands has an average 1 year price target of $40.00, an upside of 24.61% from Fitlife Brands's current stock price of $32.10.

Fitlife Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Fitlife Brands, 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. Pilgrims Pride (NASDAQ:PPC)

Pilgrims Pride (NASDAQ:PPC) is the second best food stock with a Due Diligence Score of 62, which is 32 points higher than the food industry average of 30. It passed 20 out of 33 due diligence checks and has strong fundamentals. Pilgrims Pride has seen its stock return 91.99% over the past year, overperforming other food stocks by 83 percentage points.

Pilgrims Pride has an average 1 year price target of $48.50, a downside of -3.69% from Pilgrims Pride's current stock price of $50.36.

Pilgrims Pride stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Pilgrims Pride, 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.

3. Lifeway Foods (NASDAQ:LWAY)

Lifeway Foods (NASDAQ:LWAY) is the third best food stock with a Due Diligence Score of 54, which is 24 points higher than the food industry average of 30. It passed 18 out of 33 due diligence checks and has strong fundamentals. Lifeway Foods has seen its stock return 83.79% over the past year, overperforming other food stocks by 74 percentage points.

Lifeway Foods has an average 1 year price target of $25.00, an upside of 1.58% from Lifeway Foods's current stock price of $24.61.

Lifeway Foods stock has a consensus Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Lifeway Foods, 0% have issued a Strong Buy rating, 100% 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 11.05%, which is 8 percentage points higher than the food industry average of 3.3%. 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 -237.5% 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 5.19%, which is 2 percentage points higher than the food industry average of 3.3%. 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 142.9% indicates that its high 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 5.14%, which is 2 percentage points higher than the food industry average of 3.3%. 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 135.9% indicates that its high dividend yield might not be sustainable for the long-term.

Why are food stocks down?

Food stocks were down -3.28% in the last day, and down -1.85% 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. Natures Sunshine Products (NASDAQ:NATR)

Natures Sunshine Products (NASDAQ:NATR) is the most undervalued food stock based on WallStreetZen's Valuation Score. Natures Sunshine Products has a valuation score of 86, which is 63 points higher than the food industry average of 23. It passed 6 out of 7 valuation due diligence checks.

Natures Sunshine Products's stock has dropped -4.81% in the past year. It has underperformed other stocks in the food industry by -14 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 71, which is 48 points higher than the food industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Seneca Foods's stock has gained 48.47% in the past year. It has overperformed other stocks in the food industry by 39 percentage points.

3. Kraft Heinz Co (NASDAQ:KHC)

Kraft Heinz Co (NASDAQ:KHC) is the third most undervalued food stock based on WallStreetZen's Valuation Score. Kraft Heinz Co has a valuation score of 71, which is 48 points higher than the food industry average of 23. It passed 5 out of 7 valuation due diligence checks.

Kraft Heinz Co's stock has dropped -14.89% in the past year. It has underperformed other stocks in the food industry by -24 percentage points.

Are food stocks a good buy now?

45% of food stocks rated by analysts are a strong buy right now. On average, analysts expect food stocks to rise by 11.74% 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 23.65x.

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.