MGP Ingredients, Inc. (MGPI)
- Previous Close
80.52 - Open
80.34 - Bid 57.45 x 200
- Ask 79.26 x 100
- Day's Range
78.69 - 80.34 - 52 Week Range
75.78 - 124.96 - Volume
65,301 - Avg. Volume
221,998 - Market Cap (intraday)
1.743B - Beta (5Y Monthly) 0.74
- PE Ratio (TTM)
16.49 - EPS (TTM)
4.80 - Earnings Date May 2, 2024
- Forward Dividend & Yield 0.48 (0.60%)
- Ex-Dividend Date Mar 14, 2024
- 1y Target Est
114.86
MGP Ingredients, Inc., together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions. The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon, rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in food products, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also offers distillery co-products, such as dried distillers' grain, fuel-grade alcohol for blending with gasoline, and corn oil; and provides warehouse services, including barrel put away, barrel storage, and barrel retrieval services, as well as blending services. The Branded Spirits segment provides premium plus, ultra-premium, super premium, premium, mid, and value branded distilled spirits, as well as private label products. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch series, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. It sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. The company was founded in 1941 and is based in Atchison, Kansas.
www.mgpingredients.com705
Full Time Employees
December 31
Fiscal Year Ends
Sector
Beverages - Wineries & Distilleries
Industry
Recent News: MGPI
Performance Overview: MGPI
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
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Statistics: MGPI
Valuation Measures
Market Cap
1.77B
Enterprise Value
2.06B
Trailing P/E
16.79
Forward P/E
13.16
PEG Ratio (5yr expected)
1.20
Price/Sales (ttm)
2.14
Price/Book (mrq)
2.08
Enterprise Value/Revenue
2.46
Enterprise Value/EBITDA
12.06
Financial Highlights
Profitability and Income Statement
Profit Margin
12.85%
Return on Assets (ttm)
8.68%
Return on Equity (ttm)
13.44%
Revenue (ttm)
836.52M
Net Income Avi to Common (ttm)
106.4M
Diluted EPS (ttm)
4.80
Balance Sheet and Cash Flow
Total Cash (mrq)
18.39M
Total Debt/Equity (mrq)
35.55%
Levered Free Cash Flow (ttm)
2.84M
Research Analysis: MGPI
Company Insights: MGPI
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Research Reports: MGPI
MGPI: Lowering target price to $83.00
MGP INGREDIENTS INC has an Investment Rating of HOLD; a target price of $83.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetMGPI: Lowering target price to $86.00
MGP INGREDIENTS INC has an Investment Rating of HOLD; a target price of $86.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetMGPI: What does Argus have to say about MGPI?
MGP INGREDIENTS INC has an Investment Rating of HOLD; a target price of $87.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetMGPI: Lowering target price to $87.00
MGP INGREDIENTS INC has an Investment Rating of HOLD; a target price of $87.000000; an Industry Subrating of Medium; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice Target