Sectors & IndustriesConsumer Defensive

Best Consumer Staple Stocks to Buy Now (2022)

Top consumer staple stocks in 2022 ranked by overall Zen Score. See the best consumer staple stocks to buy now, according to analyst forecasts for the consumer defensive sector.

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

SANDERSON FARMS (NASDAQ:SAFM) is the top consumer staple stock with a Zen Score of 65, which is 30 points higher than the consumer staple sector average of 35. It passed 25 out of 38 due diligence checks and has strong fundamentals. SANDERSON FARMS has seen its stock return 7.55% over the past year, overperforming other consumer staple stocks by 25 percentage points.

SANDERSON FARMS has an average 1 year price target of $203.00, an upside of 9.59% from SANDERSON FARMS's current stock price of $185.23.

SANDERSON FARMS stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering SANDERSON FARMS, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

MANNATECH (NASDAQ:MTEX) is the second best consumer staple stock with a Zen Score of 64, which is 29 points higher than the consumer staple sector average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. MANNATECH has seen its stock return 39.86% over the past year, overperforming other consumer staple stocks by 57 percentage points.

INDUSTRIAS BACHOCO SAB DE CV (NYSE:IBA) is the third best consumer staple stock with a Zen Score of 62, which is 27 points higher than the consumer staple sector average of 35. It passed 23 out of 38 due diligence checks and has strong fundamentals. INDUSTRIAS BACHOCO SAB DE CV has seen its stock lose -1.09% over the past year, overperforming other consumer staple stocks by 17 percentage points.

INDUSTRIAS BACHOCO SAB DE CV has an average 1 year price target of $51.00, an upside of 10.27% from INDUSTRIAS BACHOCO SAB DE CV's current stock price of $46.25.

INDUSTRIAS BACHOCO SAB DE CV stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering INDUSTRIAS BACHOCO SAB DE CV, 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.

Out of 100 consumer staple stocks that have issued dividends in the past year, the 3 consumer staple stocks with the highest dividend yields are:

BRIGHT SCHOLAR EDUCATION HOLDINGS (NYSE:BEDU) has an annual dividend yield of 16%, which is 13 percentage points higher than the consumer staple sector average of 3.13%.

BRIGHT SCHOLAR EDUCATION HOLDINGS's dividend payout ratio of -170.7% indicates that its high dividend yield might not be sustainable for the long-term.

UNITED BREWERIES (NYSE:CCU) has an annual dividend yield of 15.9%, which is 13 percentage points higher than the consumer staple sector average of 3.13%. UNITED BREWERIES's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. UNITED BREWERIES's dividend has shown consistent growth over the last 10 years.

UNITED BREWERIES's dividend payout ratio of 165.6% indicates that its high dividend yield might not be sustainable for the long-term.

BRASILAGR (NYSE:LND) has an annual dividend yield of 14.62%, which is 11 percentage points higher than the consumer staple sector average of 3.13%. BRASILAGR's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. BRASILAGR's dividend has shown consistent growth over the last 10 years.

BRASILAGR's dividend payout ratio of 59.8% indicates that its high dividend yield is sustainable for the long-term.

Consumer staple stocks were down -5.99% in the last day, and down -2.98% over the last week. TARGET was the among the top losers in the consumer defensive sector, dropping -24.93% yesterday.

Target shares are trading lower after the company reported worse-than-expected Q1 EPS and a reported a drop in operating income margin rate.

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

MANNATECH (NASDAQ:MTEX) is the most undervalued consumer staple stock based on WallStreetZen's Valuation Score. MANNATECH has a valuation score of 100, which is 64 points higher than the consumer staple sector average of 36. It passed 7 out of 7 valuation due diligence checks.

MANNATECH's stock has gained 39.86% in the past year. It has overperformed other stocks in the consumer staple sector by 57 percentage points.

LIFEVANTAGE (NASDAQ:LFVN) is the second most undervalued consumer staple stock based on WallStreetZen's Valuation Score. LIFEVANTAGE has a valuation score of 100, which is 64 points higher than the consumer staple sector average of 36. It passed 7 out of 7 valuation due diligence checks.

LIFEVANTAGE's stock has dropped -49.45% in the past year. It has underperformed other stocks in the consumer staple sector by -32 percentage points.

NATURES SUNSHINE PRODUCTS (NASDAQ:NATR) is the third most undervalued consumer staple stock based on WallStreetZen's Valuation Score. NATURES SUNSHINE PRODUCTS has a valuation score of 100, which is 64 points higher than the consumer staple sector average of 36. It passed 7 out of 7 valuation due diligence checks.

NATURES SUNSHINE PRODUCTS's stock has dropped -37.1% in the past year. It has underperformed other stocks in the consumer staple sector by -20 percentage points.