Sectors & IndustriesConsumer Defensive
Best Consumer Staple Stocks to Buy Now (2024)
Top consumer staple stocks in 2024 ranked by overall Zen Score. See the best consumer staple stocks to buy now, according to analyst forecasts for the consumer defensive sector.

Sector: Consumer Defensive

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
ASAI	SENDAS DISTRIBUTOR SA	$12.96	364,659	353.39%	13.05	13.26	14.00	13.87	13.23	44.05	44.26	42.13	72.97	73.29	-0.31	-0.32	0.01	0.73
PLAG	PLANET GREEN HOLDINGS CORP	$0.19	25,034	-23.72%	0.20	0.22	0.26	0.34	0.47	34.24	43.75	48.19	64.96	71.51	-0.02	-0.02	0.00	0.55
NUZE	NUZEE INC	$1.54	19,391	-28.78%	1.36	1.34	1.42	1.80	3.83	55.19	33.33	30.64	63.16	61.90	0.00	-0.03	0.03	0.43
LOCL	LOCAL BOUNTI CORPORATION	$2.58	14,621	366.83%	2.85	2.62	2.68	2.45	2.72	46.30	56.40	65.99	61.22	75.38	0.06	0.05	0.02	0.82
BYND	BEYOND MEAT INC	$7.25	2,238,156	21.59%	6.50	6.69	7.62	7.77	8.89	56.54	77.88	64.86	100.00	95.80	-0.22	-0.34	0.12	1.33
DLTR	DOLLAR TREE INC	$119.78	1,508,579	-20.96%	120.75	123.67	132.25	134.10	128.45	34.11	18.31	15.38	25.30	11.08	-3.49	-3.41	-0.08	0.75
BTI	BRITISH AMERICAN TOBACCO PLC	$29.80	3,065,005	22.45%	29.43	29.23	29.79	29.81	30.85	55.54	66.33	62.29	93.95	92.31	-0.08	-0.18	0.10	0.59
STKL	SUNOPTA INC	$5.48	1,880,733	37.87%	6.35	6.28	6.49	6.06	5.25	31.83	35.29	59.97	36.39	64.43	-0.09	-0.04	-0.04	0.98
GNS	GENIUS GROUP LTD	$0.40	2,415,026	87.48%	0.40	0.42	0.40	0.45	0.66	48.62	20.75	16.58	30.40	12.73	-0.01	-0.00	-0.00	1.20
LFLY	LEAFLY HOLDINGS INC	$2.99	39,730	-74.39%	2.39	2.51	2.75	3.65	5.44	57.00	79.77	59.60	90.77	74.01	-0.06	-0.17	0.11	0.46
JVA	COFFEE HOLDING CO INC	$1.46	75,336	73.23%	1.64	1.60	1.47	1.24	1.13	42.78	33.17	47.30	8.27	18.89	0.04	0.07	-0.03	0.38
SHOT	SAFETY SHOT INC	$1.43	355,457	-69.70%	1.60	1.88	2.13	2.64	2.15	31.18	9.93	14.05	6.33	11.04	-0.22	-0.18	-0.04	0.77
AGRI	AGRIFORCE GROWING SYSTEMS LTD	$0.15	781,386	-25.14%	13.22	13.27	11.93	11.30	10.82	49.98	39.33	46.00	35.78	52.34	0.40	0.44	-0.03	0.29
NWL	NEWELL BRANDS INC	$7.64	5,123,891	17.27%	7.41	7.31	7.49	7.91	8.33	53.97	72.66	79.19	75.90	86.79	0.05	-0.05	0.10	1.11
BOF	BRANCHOUT FOOD INC	$2.23	98,224	-61.50%	1.92	1.60	1.92	1.69	1.85	60.14	58.94	64.04	83.31	90.17	0.15	0.01	0.14	0.93
ISPR	ISPIRE TECHNOLOGY INC	$5.71	50,115	-52.76%	5.33	5.48	7.37	9.18	9.43	44.18	51.61	33.11	91.31	79.89	-0.52	-0.68	0.16	0.70
SKIN	BEAUTY HEALTH CO	$3.23	1,368,586	-41.30%	3.21	3.43	3.64	3.29	4.34	40.99	31.34	30.46	56.55	47.74	-0.16	-0.14	-0.02	1.67
BGS	B&G FOODS INC	$11.40	633,174	-18.44%	11.04	10.93	10.94	10.62	10.59	61.14	84.54	84.99	81.88	84.53	0.07	0.03	0.05	0.49
EEIQ	EPICQUEST EDUCATION GROUP INTERNATIONAL LTD	$0.99	1,034	494.25%	0.93	0.98	1.04	1.42	1.30	49.37	54.79	54.97	68.65	69.17	-0.03	-0.04	0.01	1.53
GSUN	GOLDEN SUN HEALTH TECHNOLOGY GROUP LTD	$2.53	45,543	26.28%	2.90	3.62	5.05	6.11	6.65	29.66	8.63	6.69	3.19	5.76	-0.75	-0.69	-0.06	1.61
PAVS	PARANOVUS ENTERTAINMENT TECHNOLOGY LTD	$1.10	370	117.65%	1.08	1.21	1.63	2.08	2.43	35.59	20.00	13.24	89.94	75.20	-0.18	-0.20	0.02	0.35
FARM	FARMER BROTHERS CO	$3.15	26,874	45.72%	3.15	3.23	3.41	3.37	2.98	42.35	28.54	24.05	54.77	32.96	-0.08	-0.08	0.00	0.99
BEDU	BRIGHT SCHOLAR EDUCATION HOLDINGS LTD	$1.90	2,237	55.78%	1.95	1.91	2.03	1.76	1.42	47.06	32.48	33.76	49.56	52.31	-0.01	-0.01	0.00	0.49
SISI	SHINECO INC	$0.77	8,706	-93.09%	0.76	0.72	0.86	1.07	1.28	49.27	60.80	62.77	79.11	78.59	-0.02	-0.04	0.02	0.42
VWE	VINTAGE WINE ESTATES INC	$0.36	781,430	199.00%	0.25	0.26	0.36	0.42	0.57	60.25	44.08	23.76	76.83	59.92	-0.03	-0.04	0.01	1.06
COE	51TALK ONLINE EDUCATION GROUP	$7.01	3,196	-43.52%	6.82	6.75	6.78	7.17	7.69	53.30	77.32	67.94	72.11	60.18	0.02	-0.02	0.04	0.58
AFRI	FORAFRIC GLOBAL PLC	$10.30	4,963	77.38%	10.39	10.36	10.38	10.53	10.80	47.25	34.16	44.52	42.37	54.05	-0.00	-0.00	0.00	0.18
DNUT	KRISPY KREME INC	$12.65	1,537,121	-9.74%	5.00	4.69	4.53	4.91	3.72	64.85	90.19	87.39	99.24	98.39	0.18	0.13	0.06	0.87
RMCF	ROCKY MOUNTAIN CHOCOLATE FACTORY INC	$3.60	8,188	-14.91%	3.57	3.60	3.74	4.07	4.43	47.49	30.77	33.42	59.92	64.44	-0.05	-0.06	0.01	0.30
TCTM	TCTM KIDS IT EDUCATION INC	$2.08	11,727	-79.08%	2.21	2.23	2.10	1.60	1.81	45.82	14.73	12.62	8.60	2.87	-0.03	0.03	-0.06	0.37
HLF	HERBALIFE LTD	$9.38	4,363,395	89.75%	8.97	8.64	8.77	10.84	12.70	57.98	52.60	53.58	60.79	54.16	0.02	-0.06	0.08	0.92
BIMI	BIMI HOLDINGS INC	$1.04	100,199	432.55%	1.19	1.26	2.19	2.32	2.14	35.20	11.31	14.58	52.25	66.84	-0.24	-0.28	0.04	0.52
VINE	FRESH VINE WINE INC	$0.54	28,588	-32.49%	0.59	0.61	0.69	0.76	0.61	35.64	20.65	23.60	33.85	51.65	-0.04	-0.04	-0.00	0.81
SMFL	SMART FOR LIFE INC	$3.32	141,706	-15.27%	3.78	3.72	5.01	6.92	14.47	42.66	12.53	17.28	45.95	53.10	-0.41	-0.45	0.05	1.42
STKH	STEAKHOLDER FOODS LTD	$4.45	3,364	-54.48%	4.40	4.55	5.40	5.63	7.24	40.24	28.28	20.35	97.77	86.96	-0.30	-0.34	0.04	1.01
UTZ	UTZ BRANDS INC	$19.55	2,380,123	93.56%	18.37	17.87	18.03	17.41	15.69	67.61	69.61	67.26	70.73	65.37	0.22	0.08	0.14	0.37
TWOU	2U INC	$0.27	1,555,963	-4.83%	0.25	0.29	0.35	0.64	1.61	40.93	18.56	15.68	64.54	52.02	-0.04	-0.04	0.00	1.68
XXII	22ND CENTURY GROUP INC	$1.68	153,308	-24.25%	1.69	1.80	2.01	2.44	11.66	46.14	29.08	30.26	28.56	28.24	-0.11	-0.12	0.01	1.36
EDBL	EDIBLE GARDEN AG INC	$4.91	78,119	-33.52%	5.51	5.76	6.68	8.29	12.82	43.02	16.65	18.17	63.71	66.70	-0.44	-0.42	-0.02	1.62
AAGR	AFRICAN AGRICULTURE HOLDINGS INC	$0.37	107,550	-44.24%	0.83	0.68	0.59	0.55	1.02	76.11	95.91	88.82	79.94	72.85	0.10	0.07	0.03	-0.02
BRLS	BOREALIS FOODS INC	$4.00	4,642	80.83%	4.00	4.36	6.10	8.38	9.70	30.86	23.79	22.22	32.61	34.54	-0.59	-0.69	0.10	-0.01
HAIN	HAIN CELESTIAL GROUP INC	$6.95	1,218,494	-9.97%	6.25	6.24	7.72	9.13	10.10	54.20	85.90	72.47	95.81	95.81	-0.34	-0.52	0.18	0.64
NAII	NATURAL ALTERNATIVES INTERNATIONAL INC	$6.24	1,557	-83.80%	6.35	6.49	6.21	6.28	6.34	44.82	14.14	13.27	3.07	1.59	-0.01	0.04	-0.06	0.41
DTCK	DAVIS COMMODITIES LTD	$1.05	28,032	-63.59%	1.04	1.08	1.08	1.03	N/A	48.50	19.24	15.79	16.50	10.38	-0.01	-0.01	-0.00	0.73
TWG	TOP WEALTH GROUP HOLDING LTD	$1.26	497,350	230.11%	1.84	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-13.75
HPCO	HEMPACCO CO INC	$1.05	86,980	-64.04%	1.03	1.08	1.75	2.56	3.15	38.31	27.51	25.75	77.03	76.55	-0.21	-0.26	0.05	0.14
BIG	BIG LOTS INC	$3.61	654,572	-24.10%	3.53	3.57	4.03	5.17	5.56	47.03	60.24	53.96	85.45	82.71	-0.14	-0.18	0.04	1.44
JZ	JIANZHI EDUCATION TECHNOLOGY GROUP CO LTD	$2.17	15,174	574.70%	2.17	2.20	2.09	2.13	2.19	50.13	46.67	45.32	14.45	8.93	0.01	0.02	-0.01	1.30
SNAX	STRYVE FOODS INC	$1.47	10,171	54.88%	1.40	1.35	1.31	1.64	2.54	57.85	88.74	87.66	92.88	92.46	0.04	0.02	0.02	0.41
NMHI	NATURE's MIRACLE HOLDING INC	$0.91	84,500	66.58%	0.92	0.95	2.14	6.21	8.51	27.72	36.67	30.55	84.15	86.94	-0.34	-0.47	0.13	-0.03
DDC	DDC ENTERPRISE LTD	$0.78	17,163	-88.44%	1.01	1.21	1.25	2.36	N/A	30.68	3.67	2.93	2.74	0.91	-0.16	-0.11	-0.05	0.42
SKIL	SKILLSOFT CORP	$7.18	39,952	-22.18%	6.84	7.44	9.20	12.05	16.78	45.41	44.69	44.56	77.51	77.08	-0.62	-0.81	0.19	0.64
BRSH	BRUUSH ORAL CARE INC	$0.06	5,813,488	-51.62%	0.06	0.05	0.05	0.09	0.86	59.86	79.86	81.84	85.54	88.57	0.00	-0.00	0.00	0.26

Consumer Staple Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Beverages - Brewers	6	+0.63%	-1.92%	-7.41%	-5.00%	27.64x	1.66x	+12.10%	+5.18%	+11.65%	+19.03%	Buy
Beverages - Non-Alcoholic	16	+1.06%	+1.28%	+2.19%	+23.71%	26.84x	7.03x	+39.70%	+10.17%	+18.26%	+10.84%	Strong Buy
Beverages - Wineries & Distilleries	12	+0.83%	-1.30%	-5.59%	-10.88%	20.27x	5.98x	+35.28%	+9.38%	+15.60%	+24.25%	Strong Buy
Confectioners	4	+0.64%	+2.70%	-1.74%	-24.11%	21.95x	4.09x	+24.92%	+8.89%	+15.86%	+6.73%	Buy
Discount Stores	11	+1.17%	-0.00%	-1.76%	+11.20%	33.46x	6.92x	+23.12%	+7.20%	+19.16%	+9.97%	Buy
Education & Training Services	44	+2.09%	+2.61%	-2.08%	+22.78%	-325.94x	2.10x	+9.05%	+4.70%	+20.25%	+23.66%	Buy
Farm Products	23	+1.54%	-0.52%	+0.33%	-15.43%	-2.25x	1.25x	+8.11%	+3.71%	+9.80%	+5.88%	Buy
Food Distribution	12	+0.22%	+1.08%	-6.20%	-1.98%	21.45x	4.11x	+57.84%	+6.23%	+15.04%	+17.16%	Buy
Grocery Stores	12	+2.89%	+1.57%	-0.61%	+1.66%	15.58x	3.19x	+24.02%	+4.59%	+9.27%	+1.32%	Hold
Household & Personal Products	29	+1.21%	-1.32%	-5.06%	-7.97%	28.88x	7.42x	+171.81%	+10.65%	+20.95%	+12.82%	Buy
Packaged Foods	63	+1.22%	+0.85%	-2.15%	-15.51%	8.35x	2.16x	+12.70%	+5.52%	+11.75%	+11.71%	Buy
Pharmaceutical Retailers	9	+0.72%	+0.77%	-16.72%	-57.46%	-2.66x	1.13x	-32.59%	-6.64%	-13.18%	+52.72%	Buy
Tobacco	12	+1.92%	+3.43%	+4.42%	-41.32%	11.20x	5.90x	-96.64%	+9.38%	+21.71%	+2.93%	Buy

Consumer Staple Stocks FAQ

What are the best consumer staple stocks to buy right now in May 2024?

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

1. Duckhorn Portfolio (NYSE:NAPA)

Duckhorn Portfolio (NYSE:NAPA) is the top consumer staple stock with a Zen Score of 64, which is 33 points higher than the consumer staple sector average of 31. It passed 21 out of 33 due diligence checks and has strong fundamentals. Duckhorn Portfolio has seen its stock lose -47.16% over the past year, underperforming other consumer staple stocks by -44 percentage points.

Duckhorn Portfolio has an average 1 year price target of $11.50, an upside of 43.75% from Duckhorn Portfolio's current stock price of $8.00.

Duckhorn Portfolio stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Duckhorn Portfolio, 37.5% have issued a Strong Buy rating, 37.5% have issued a Buy, 12.5% have issued a Hold, while 12.5% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Acme United (NYSEMKT:ACU)

Acme United (NYSEMKT:ACU) is the second best consumer staple stock with a Zen Score of 63, which is 32 points higher than the consumer staple sector average of 31. It passed 23 out of 38 due diligence checks and has strong fundamentals. Acme United has seen its stock return 63.88% over the past year, overperforming other consumer staple stocks by 67 percentage points.

3. Ihuman (NYSE:IH)

Ihuman (NYSE:IH) is the third best consumer staple stock with a Zen Score of 59, which is 28 points higher than the consumer staple sector average of 31. It passed 19 out of 33 due diligence checks and has strong fundamentals. Ihuman has seen its stock lose -46.13% over the past year, underperforming other consumer staple stocks by -43 percentage points.

What are the consumer staple stocks with highest dividends?

Out of 88 consumer staple stocks that have issued dividends in the past year, the 3 consumer staple stocks with the highest dividend yields are:

1. Anheuser Busch Inbev Sa (NYSE:BUD)

Anheuser Busch Inbev Sa (NYSE:BUD) has an annual dividend yield of N/A, which is N/A percentage points lower than the consumer staple sector average of 7.01%. Anheuser Busch Inbev Sa's dividend payout is not stable, having dropped more than 10% seven times in the last 10 years. Anheuser Busch Inbev Sa's dividend has not shown consistent growth over the last 10 years.

Anheuser Busch Inbev Sa's dividend payout ratio of 31.1% indicates that its dividend yield is sustainable for the long-term.

2. Myndai (NYSEMKT:MYND)

Myndai (NYSEMKT:MYND) has an annual dividend yield of 209.22%, which is 202 percentage points higher than the consumer staple sector average of 7.01%.

Myndai's dividend payout ratio of -625.3% indicates that its high dividend yield might not be sustainable for the long-term.

3. Trxade Health (NASDAQ:MEDS)

Trxade Health (NASDAQ:MEDS) has an annual dividend yield of 133.11%, which is 126 percentage points higher than the consumer staple sector average of 7.01%.

Trxade Health's dividend payout ratio of -34.2% indicates that its high dividend yield might not be sustainable for the long-term.

Why are consumer staple stocks up?

Consumer staple stocks were up 1.27% in the last day, and up 0.56% over the last week. Perdoceo Education was the among the top gainers in the consumer defensive sector, gaining 31.46% yesterday.

Perdoceo Education shares are trading higher after the company reported better-than-expected Q1 EPS and sales.

What are the most undervalued consumer staple stocks?

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

1. Ingles Markets (NASDAQ:IMKTA)

Ingles Markets (NASDAQ:IMKTA) is the most undervalued consumer staple stock based on WallStreetZen's Valuation Score. Ingles Markets has a valuation score of 100, which is 73 points higher than the consumer staple sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Ingles Markets's stock has dropped -21.44% in the past year. It has underperformed other stocks in the consumer staple sector by -19 percentage points.

2. Village Super Market (NASDAQ:VLGEA)

Village Super Market (NASDAQ:VLGEA) is the second most undervalued consumer staple stock based on WallStreetZen's Valuation Score. Village Super Market has a valuation score of 100, which is 73 points higher than the consumer staple sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Village Super Market's stock has gained 31.62% in the past year. It has overperformed other stocks in the consumer staple sector by 34 percentage points.

3. Keurig Dr Pepper (NASDAQ:KDP)

Keurig Dr Pepper (NASDAQ:KDP) is the third most undervalued consumer staple stock based on WallStreetZen's Valuation Score. Keurig Dr Pepper has a valuation score of 86, which is 59 points higher than the consumer staple sector average of 27. It passed 6 out of 7 valuation due diligence checks.

Keurig Dr Pepper's stock has gained 3.13% in the past year. It has overperformed other stocks in the consumer staple sector by 6 percentage points.

Are consumer staple stocks a good buy now?

40.14% of consumer staple stocks rated by analysts are a strong buy right now. On average, analysts expect consumer staple stocks to rise by 12.9% over the next year.

What is the average p/e ratio of the consumer defensive sector?

The average P/E ratio of the consumer defensive sector is 20.27x.

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.