12 Best Food Stocks to Buy Under $30

Page 5 of 11

7. United Natural Foods, Inc. (NYSE:UNFI)

Stock Price: $26.81

Number of Hedge Fund Holders: 28

United Natural Foods, Inc. (NYSE:UNFI) distributes organic, natural, and specialty food and non-food items. Its offerings include food and non-food, perishables, frozen, bulk, supplements, and more. The company conducts operations through the Retail, Wholesale, and Other segment.

On March 12, CL King analyst Andrew Wolf upgraded United Natural Foods, Inc. (NYSE:UNFI) to Buy from Neutral with a $33 price target, noting that its fiscal Q2 2025 results “beat solidly.” The company raised its guidance; thus, the analyst raised the firm’s estimates “accordingly.”

United Natural Foods, Inc. (NYSE:UNFI) reported a 4.9% growth in its net sales in fiscal Q2 2025 compared to the same period last year, reaching $8.2 billion. It underwent a notable 13.3% growth in adjusted EBITDA to $145 million, while adjusted EPS reached $0.22. The company’s free cash also improved significantly, undergoing an increase of approximately $77 million compared to the prior-year quarter. This growth was attributed to United Natural Foods, Inc.’s (NYSE:UNFI) strategic focus on stakeholder value creation and lean management. Analysts are thus bullish on the stock, ranking it seventh on our list of the best food stocks to invest in under $30.

Page 5 of 11