|Bid||38.20 x 1200|
|Ask||38.55 x 800|
|Day's Range||36.16 - 45.00|
|52 Week Range||36.14 - 100.00|
|Beta (5Y Monthly)||1.56|
|PE Ratio (TTM)||17.39|
|Forward Dividend & Yield||0.40 (0.76%)|
|Ex-Dividend Date||Nov 11, 2019|
|1y Target Est||N/A|
Shares of MGP Ingredients were down 24% on Friday morning, after the Kansas-based distiller warned that unsold whiskey left it with a sales shortfall.
MGP Ingredients shares slumped Friday, after the private-label distiller lowered earnings guidance amid weaker-than-expected whiskey sales. The company now projects full-year 2019 earnings per share will come in at $2.20 to $2.30 a share. "The shortfall versus our previously communicated guidance is the result of us ultimately being unsuccessful in transacting a large portion of the aged whiskey sales we had forecast for the fourth quarter," CEO Gus Griffin said in a statement.
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