Five ASX-listed food stocks to keep an eye on ahead of Christmas

Highlights

  • The last month leads to one of the highest sales figures across retail categories.
  • Investors love to buy food stocks as their year-end sales help to rake up company’s quarterly profits.
  • A2M, ELD, ING etc., are some of the food stocks on investors’ radar.

The Christmas season is around the corner. It is that time of the year when people go out for shopping, hang out with family and friends and go for a long vacation. This last month, therefore, leads to one of the highest sales figures across retail categories.

Donuts

Image Source: Pixabay

Food and beverages companies also ramp up their production lines to fulfil this seasonal demand for their products. Investors love to buy these stocks as their year-end sales help to rake up company’s quarterly profits. Let us have a look at five ASX-listed stocks in the food and beverages industry.

Read More: Three ASX-listed penny stocks trading at attractive dividend yield

  1. The a2 Milk Company Limited (ASX:A2M)

Founded in 2000, The a2 Milk Company sells branded dairy products primarily having A2 beta-casein protein. The company commercialises its IP relating to A1 protein-free milk under its own brands.

The A2M share price has fallen over 50% year-to-date (YTD) to AU$5.81 as of 1 December 2021. The stock has a 52-week high of AU$14.07 and a 52-week low of AU$5.04.

  1. Elders Limited (ASX:ELD)

Elders is an agricultural business that aims to help Australian farmers to be the most productive in the world. In FY21, the company clocked a net profit of AU$149.7 million on revenue of AU$2.55 billion.

The ELD share price has delivered a decent YTD return of 14.3% to AU$11.43 as of 1 December 2021. The stock has a 52-week high of AU$12.86 and a 52-week low of AU$9.66.

  1. Bega Cheese Limited (ASX:BGA)

Bega Cheese is an ASL-listed diversified food company producing peanut butter, cheese, infant formula and other nutritional powders. The company has a market capitalisation of AU$1.66 billion.

BGA shares have had almost a flat year, delivering a muted YTD return of 5.7% as of 1 December 2021. The shares last closed at AU$5.51 with a 52-week high of 6.6 and a 52-week low of AU$5.03.

  1. Costa Group Holdings Limited (ASX:CGC)

Costa Group is the country’s largest horticulture business, having gone public in 2015. The company principally grows mushrooms, berries etc. Currently, the company is trading at a market capitalisation of AU$1.33 billion.

CGC shares haven’t had a good year as the share price tumbled 31.71% to AU$2.8 as of 1 December 2021. However, the shares are trading at a good dividend yield of 3.13%.

  1. Inghams Group Limited (ASX:ING

Inghams Group is one of the leading producers and sellers of turkey and chicken products in Australia. The company has a market capitalisation of AU$1.28 billion and posted a net profit of AU$83.3 million in FY21.

ING shares delivered a YTD return of 6.92% to AU$3.4 as of 1 December 2021, with a 52-week high of AU$4.26 and a 52-week low of AU$3.06.

Read More: Three ASX-listed shares to set sights on before December ends

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