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.

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

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 -43.58% over the past year, underperforming other consumer staple stocks by -46 percentage points.

Duckhorn Portfolio has an average 1 year price target of $11.50, an upside of 41.45% from Duckhorn Portfolio's current stock price of $8.13.

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.

Andersons (NASDAQ:ANDE) 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 22 out of 38 due diligence checks and has strong fundamentals. Andersons has seen its stock return 44.56% over the past year, overperforming other consumer staple stocks by 42 percentage points.

Andersons has an average 1 year price target of $65.00, an upside of 22.99% from Andersons's current stock price of $52.85.

Andersons stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Andersons, 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.

Acme United (NYSEMKT:ACU) is the third 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 60.44% over the past year, overperforming other consumer staple stocks by 58 percentage points.

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:

Myndai (NYSEMKT:MYND) has an annual dividend yield of 231.6%, which is 225 percentage points higher than the consumer staple sector average of 7.07%.

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

Trxade Health (NASDAQ:MEDS) has an annual dividend yield of 128.62%, which is 122 percentage points higher than the consumer staple sector average of 7.07%.

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

Brasilagro Brazilian Agricultural Real Estate Co (NYSE:LND) has an annual dividend yield of 12.62%, which is 6 percentage points higher than the consumer staple sector average of 7.07%. Brasilagro Brazilian Agricultural Real Estate Co's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Brasilagro Brazilian Agricultural Real Estate Co's dividend has shown consistent growth over the last 10 years.

Brasilagro Brazilian Agricultural Real Estate Co's dividend payout ratio of 117.7% indicates that its high dividend yield might not be sustainable for the long-term.

Consumer staple stocks were up 1.13% in the last day, and up 4.06% over the last week. Brc was the among the top gainers in the consumer defensive sector, gaining 31.22% yesterday.

BRC shares are trading higher after the company reported better-than-expected Q1 financial results.

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

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 -12.48% in the past year. It has underperformed other stocks in the consumer staple sector by -15 percentage points.

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 42.02% in the past year. It has overperformed other stocks in the consumer staple sector by 40 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 73 points higher than the consumer staple sector average of 27. It passed 7 out of 7 valuation due diligence checks.

Natures Sunshine Products's stock has gained 45.44% in the past year. It has overperformed other stocks in the consumer staple sector by 43 percentage points.