Key Stats
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
Stock Score/grades
The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
- Altman Z Score 2.99
- Piotroski Score 7.00
- Grade Buy
- Symbol (MGPI)
- Company MGP Ingredients, Inc.
- Price $45.46
- Changes Percentage (-2.76%)
- Change -$1.29
- Day Low $44.96
- Day High $47.32
- Year High $102.42
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products; Branded Spirits; and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel-grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment provides ultra-premium, premium, mid, and value branded distilled spirits. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch, 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. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.
- Last Earnings 10/31/2024
- Ex-Dividend for 5/16 Dividend 11/15/2024
- Dividend Payable 11/29/2024
- Today N/A
- Next Earnings (Estimated) 02/20/2025
- Fiscal Year End N/A
- Average Stock Price Target $101.50
- High Stock Price Target $120.00
- Low Stock Price Target $75.00
- Potential Upside/Downside N/A
- Consensus Rating Buy
- Rating Score (0-4) N/A
- Research Coverage N/A
- EPS (Most Recent Fiscal Year) $4.33
- Trailing P/E Ratio 16.89
- Forward P/E Ratio 16.89
- P/E Growth 16.89
- Net Income $107.48 M
Income Statement
Quarterly
Annual
Latest News of MGPI
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
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There's A Lot To Like About MGP Ingredients' (NASDAQ:MGPI) Upcoming US$0.12 Dividend
MGP Ingredients, Inc. (NASDAQ: MGPI) is set to trade ex-dividend soon, with a payout of US$0.12 per share. The company shows a sustainable dividend with a low payout ratio, backed by growing earnings ...
By Yahoo! Finance | 1 week ago -
Need To Know: Analysts Just Made A Substantial Cut To Their MGP Ingredients, Inc. (NASDAQ:MGPI) Estimates
Analysts downgraded revenue and earnings forecasts for MGP Ingredients, Inc., anticipating a 15% decline in revenue and a 16% drop in earnings per share in 2025. This pessimistic outlook led to a 15% ...
By Yahoo! Finance | 2 weeks ago -
MGP Ingredients, Inc. (MGPI): A Bear Case Theory
Idea Hive's Substack shared a bearish thesis on MGP Ingredients, Inc. (MGPI), highlighting potential risks due to an anticipated downturn in the American whiskey industry....
By Yahoo! Finance | 3 weeks ago
