Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
MGPI

MGPI - MGP Ingredients Inc Stock Price, Fair Value and News

82.22USD+1.42 (+1.76%)Market Closed

Market Summary

MGPI
USD82.22+1.42
Market Closed
1.76%

MGPI Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

MGPI Stock Price

View Fullscreen

MGPI RSI Chart

MGPI Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

18.34

Price/Sales (Trailing)

2.21

EV/EBITDA

13.68

Price/Free Cashflow

47.65

MGPI Price/Sales (Trailing)

MGPI Profitability

EBT Margin

15.87%

Return on Equity

11.2%

Return on Assets

6.98%

Free Cashflow Yield

2.1%

MGPI Fundamentals

MGPI Revenue

Revenue (TTM)

806.1M

Rev. Growth (Yr)

-15.15%

Rev. Growth (Qtr)

-20.63%

MGPI Earnings

Earnings (TTM)

97.0M

Earnings Growth (Yr)

-33.5%

Earnings Growth (Qtr)

-33.79%

Breaking Down MGPI Revenue

52 Week Range

79.90124.96
(Low)(High)

Last 7 days

3.0%

Last 30 days

-0.1%

Last 90 days

-3.9%

Trailing 12 Months

-20.3%

How does MGPI drawdown profile look like?

MGPI Financial Health

Current Ratio

6.32

Debt/Equity

0.34

Debt/Cashflow

0.35

MGPI Investor Care

Dividend Yield

0.59%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

0.02%

Diluted EPS (TTM)

4.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024806.1M000
2023788.1M802.2M812.6M836.5M
2022713.6M733.7M758.2M782.4M
2021404.8M487.1M560.8M626.7M
2020372.7M374.8M387.1M395.5M
2019377.2M379.5M375.1M362.7M
2018348.2M350.7M359.4M376.1M
2017338.1M341.6M344.3M347.4M
2016338.2M328.3M328.1M328.1M
2015338.6M344.8M344.7M345.9M
2014329.9M332.1M335.4M338.4M
2013338.5M335.0M339.5M334.1M
2012303.9M322.3M322.3M338.2M
2011232.8M248.2M266.2M279.7M
20100202.0M217.4M0
20090291.8M00
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of MGP Ingredients Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
pasagic amel
sold (taxes)
-14,338
85.35
-168
chief commercial officer
Apr 01, 2024
bratcher david s.
sold (taxes)
-128,537
85.35
-1,506
ceo & president
Mar 31, 2024
siwak todd b.
acquired
18,690
86.13
217
-
Mar 31, 2024
gerke thomas a
acquired
21,188
86.13
246
-
Mar 31, 2024
michelson preet h.
acquired
18,690
86.13
217
-
Feb 26, 2024
lapish erika
bought
38,930
77.86
500
vice president & chro
Feb 19, 2024
gall brandon
sold (taxes)
-66,713
90.89
-734
vp and chief financial officer
Feb 16, 2024
seaberg karen
sold
-299,976
90.11
-3,329
-
Feb 15, 2024
mingus lori l.s.
sold
-10,170
90.00
-113
-
Feb 14, 2024
landherr curtis c.
acquired
552,529
84.9
6,508
vp and chief legal officer

1–10 of 50

Which funds bought or sold MGPI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Advisory Services Network, LLC
sold off
-100
-26,502
-
-%
May 06, 2024
VitalStone Financial, LLC
reduced
-99.26
-420,000
3,000
-%
May 06, 2024
Parallel Advisors, LLC
unchanged
-
-671
4,662
-%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
added
1.31
-152,058
1,178,260
0.01%
May 06, 2024
HighTower Advisors, LLC
sold off
-100
-508,000
-
-%
May 06, 2024
Schechter Investment Advisors, LLC
reduced
-29.24
-462,885
750,881
0.06%
May 06, 2024
Quantbot Technologies LP
reduced
-53.19
-780,958
540,983
0.03%
May 06, 2024
SG Americas Securities, LLC
sold off
-100
-541,000
-
-%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
added
20.42
18,557
370,273
-%
May 06, 2024
Jefferies Financial Group Inc.
new
-
518,905
518,905
-%

1–10 of 43

Are Funds Buying or Selling MGPI?

Are funds buying MGPI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MGPI
No. of Funds

Unveiling MGP Ingredients Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
5.12%
1,126,323
SC 13G/A
Jan 23, 2024
blackrock inc.
12.2%
2,677,599
SC 13G/A
Oct 26, 2023
lux donn s.
36.2%
7,963,169
SC 13D/A
Sep 07, 2023
seaberg karen
13.5%
2,962,883
SC 13D/A
Jun 09, 2023
seaberg karen
14.0%
3,079,486
SC 13D/A
Feb 14, 2023
stephens investment management group llc
3.6%
793,947
SC 13G/A
Feb 13, 2023
champlain investment partners, llc
3.42%
751,515
SC 13G/A
Feb 09, 2023
vanguard group inc
5.02%
1,104,828
SC 13G
Feb 03, 2023
lux donn s.
37.4%
8,217,153
SC 13D/A
Jan 27, 2023
seaberg karen
14.2%
3,125,312
SC 13D/A

Recent SEC filings of MGP Ingredients Inc

View All Filings
Date Filed Form Type Document
May 02, 2024
10-Q
Quarterly Report
May 02, 2024
8-K
Current Report
Apr 30, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
144
Notice of Insider Sale Intent
Apr 26, 2024
8-K
Current Report
Apr 09, 2024
DEF 14A
DEF 14A
Apr 09, 2024
DEFA14A
DEFA14A
Apr 03, 2024
4
Insider Trading

Peers (Alternatives to MGP Ingredients Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
269.9B
46.1B
5.26% -2.00%
25.02
5.86
5.93% 9.28%
244.7B
91.9B
5.25% -7.93%
26.65
2.66
4.36% 39.55%
57.0B
7.3B
-2.15% -7.35%
34.44
7.76
13.08% 27.77%
45.8B
14.9B
9.91% 2.95%
21.15
3.07
4.17% 64.49%
17.9B
1.3B
-8.28% 116.08%
68.13
13.62
101.65% 272.45%
MID-CAP
4.4B
1.2B
-4.33% -8.24%
26.18
3.75
0.91% 20.76%
3.3B
2.2B
-7.26% -12.42%
33.68
1.53
-2.28% 62.30%
3.2B
1.8B
12.33% 41.26%
50.33
1.81
4.64% 8.69%
SMALL-CAP
1.8B
806.1M
-0.06% -20.34%
18.34
2.21
2.28% -5.58%
1.5B
495.6M
-0.91% 11.76%
27.21
2.97
12.34% 340.63%
929.0M
396.9M
-11.86% -45.19%
14.08
2.34
4.10% 18.38%
27.4M
8.1M
75.00% 51.20%
-9.7
3.37
-11.30% 54.00%
2.0M
10.8M
23.96% -68.01%
-0.27
0.19
-24.63% 53.68%
-
62.6M
-100.00% -100.00%
-
-
7.31% 42.62%

MGP Ingredients Inc News

Latest updates
Yahoo Lifestyle Australia • 32 hours ago
Yahoo Finance • 02 May 2024 • 07:12 pm
Yahoo Finance • 02 May 2024 • 01:44 pm

MGP Ingredients Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-20.6%17121521220920119120119519516717717510810110393.0099.0092.0091.0091.0089.00
Gross Profit-26.2%63.0085.0073.0076.0070.0063.0059.0059.0072.0053.0057.0057.0032.0032.0023.0021.0023.0022.0019.0020.0017.00
  S&GA Expenses-18.6%21.0026.0022.0024.0021.0023.0018.0018.0016.0018.0019.0026.0011.0015.009.009.009.005.007.009.008.00
EBITDA Margin-4.9%0.19*0.20*0.19*0.21*0.20*0.21*0.24*0.24*0.24*0.23*0.20*0.19*---------
Interest Expenses---------------0.000.001.000.000.000.000.00
Income Taxes-36.0%6.0010.004.0011.0010.005.008.007.0011.0012.008.006.005.004.003.003.003.003.003.003.00-1.46
Earnings Before Taxes-34.2%27.0041.0017.0043.0041.0028.0031.0033.0049.0043.0031.0026.0020.0015.0013.0011.0013.0016.0011.0011.008.00
EBT Margin-6.4%0.16*0.17*0.16*0.18*0.17*0.18*0.21*0.21*0.21*0.19*0.17*0.15*---------
Net Income-33.8%21.0031.0013.0032.0031.0023.0024.0025.0037.0032.0024.0020.0015.0012.0010.008.0010.0013.008.008.0010.00
Net Income Margin-6.3%0.12*0.13*0.12*0.14*0.13*0.14*0.16*0.16*0.16*0.14*0.13*0.12*---------
Free Cashflow-110.9%-2.4022.0016.001.00-11.221.0018.0013.0012.007.004.0024.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.1%1,3901,3921,3661,3951,1841,1581,1321,1071,0771,0411,0171,014381367362357382323307299290
  Current Assets-1.4%507514504521475454441423395367352354230222221217242184176169160
    Cash Equivalents6.0%19.0018.0028.0022.0032.0048.0051.0037.0027.0022.0016.0037.0023.0022.0020.0012.0043.003.004.002.00-
  Net PPE3.3%271262243251241236221212207207197190139132130129129128122120120
  Goodwill0%3223223223262262262262262262262282282243.00-------
Liabilities-3.4%52554354858840841340840439739740342110310411011414792.0088.0086.0085.00
  Current Liabilities-29.7%80.0011490.0011910210510193.0084.0089.0086.0083.0055.0053.0044.0039.0041.0039.0035.0032.0030.00
  Long Term Debt50.6%29419619519519519519519519535.0036.0037.0037.0038.0040.0040.0041.0041.0041.0041.0021.00
    LT Debt, Non Current-100.0%-19619519519519519519519535.0036.0037.0037.0038.0040.0040.0041.0041.00---
Shareholder's Equity1.8%866850820807776747724703679644615594279263252243236231219212205
  Retained Earnings3.3%558540511501471443423402379344315294276263253245239231220213207
  Additional Paid-In Capital1.2%32932532332232131931831731731631631518.0016.0015.0015.0014.0014.0014.0013.0013.00
Accumulated Depreciation2.0%232227222225220215210206226197194189185182194192188186183180177
Shares Outstanding0.0%22.0022.0022.0022.0022.0022.0022.0022.0022.0021.0020.0019.00---------
Minority Interest-3.6%-1.48-1.42-1.40-1.28-1.12-1.08-0.93-0.75-0.56-0.49-0.28-0.08---------
Float----1,714---1,450---880---480---858-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-30.0%24,62335,17828,44915,1355,02116,68329,23420,78922,23017,47823,33130,46416,99023,79823,4715,4445427,3099,3436,859-3,789
  Share Based Compensation-77.6%1,1164,9842,0142,4221,2152,4169557581,3733084801,5383,2293098926621,1395524851,1421,125
Cashflow From Investing-117.2%-27,266-12,552-11,101-118,644-16,945-16,049-12,280-7,451-12,0336,547-18,931-156,895-13,340-4,134-3,106-4,218-8,189-6,367-4,195-2,462-4,907
Cashflow From Financing111.7%3,767-32,269-11,26993,732-4,270-3,463-3,652-3,467-4,182-18,596-25,476141,085-2,726-17,968-12,144-32,14046,997-2,030-2,913-2,2353,671
  Dividend Payments-100.0%-2,6692,6692,6682,6692,6622,6622,6612,6612,6552,6552,6552,0522,0442,0432,0412,0601,7151,7141,7131,714
  Buy Backs-6,961---8011.001.002.00711500*1.0091.0067416.00--4,395----
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

MGPI Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Sales$ 170,563$ 201,010
Cost of sales107,768131,186
Gross profit62,79569,824
Advertising and promotion expenses8,6837,733
Selling, general, and administrative expenses20,97920,532
Impairment of long-lived assets and other1160
Change in fair value of contingent consideration4,1000
Operating income28,91741,559
Interest expense, net(2,019)(995)
Other income (expense), net(52)123
Income before income taxes26,84640,687
Income tax expense6,2629,655
Net income20,58431,032
Net loss attributable to noncontrolling interest5139
Net income attributable to MGP Ingredients, Inc.20,63531,071
Income attributable to participating securities, basic(239)(311)
Income attributable to participating securities, diluted(239)(311)
Net income used in earnings per common share calculation, basic20,39630,760
Net income used in earnings per common share calculation, diluted$ 20,396$ 30,760
Weighted average common shares  
Basic (in shares)22,142,27722,040,224
Diluted (in shares)22,142,27722,072,271
Earnings per common share  
Basic (in dollars per share)$ 0.92$ 1.40
Diluted (in dollars per share)$ 0.92$ 1.39

MGPI Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 19,497$ 18,388
Receivables (less allowance for credit loss, $1,475 at both March 31, 2024, and December 31, 2023)133,005144,286
Inventory348,934346,853
Prepaid expenses5,4833,580
Refundable income taxes01,190
Total current assets506,919514,297
Property, plant, and equipment502,744489,646
Less accumulated depreciation and amortization(231,849)(227,343)
Property, plant, and equipment, net270,895262,303
Operating lease right-of-use assets, net11,25813,975
Investment in joint ventures4,9015,197
Intangible assets, net270,893271,706
Goodwill321,544321,544
Other assets3,8723,326
Total assets1,390,2821,392,348
Current Liabilities  
Current maturities of long-term debt6,4006,400
Accounts payable49,55973,594
Federal and state excise taxes payable3,8002,251
Income taxes payable4,3400
Accrued expenses and other16,15931,861
Total current liabilities80,258114,106
Long-term debt, less current maturities98,79985,305
Convertible senior notes195,624195,544
Long-term operating lease liabilities9,22911,292
Contingent consideration73,30069,200
Other noncurrent liabilities3,8134,763
Deferred income taxes63,71663,071
Total liabilities524,739543,281
Commitments and Contingencies (Note 8)
Capital stock  
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares44
Common stock  
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at March 31, 2024 and December 31, 2023; and 22,009,057 and 22,016,113 shares outstanding at March 31, 2024 and December 31, 2023, respectively6,7156,715
Additional paid-in capital329,460325,453
Retained earnings557,848539,883
Accumulated other comprehensive loss(437)(397)
Treasury stock, at cost, 1,116,109 and 1,109,053 shares at March 31, 2024 and December 31, 2023, respectively(26,571)(21,166)
Total MGP Ingredients, Inc. stockholders’ equity867,019850,492
Noncontrolling interest(1,476)(1,425)
Total equity865,543849,067
Total liabilities and equity$ 1,390,282$ 1,392,348
MGPI
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients in the United States and internationally. It 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 and rye, whiskeys, as well as grain neutral spirits, include 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, include barrel put away, storage, and retrieval, as well as blending services. The Branded Spirits segment provides ultra-premium, super premium, premium, mid, and value branded distilled spirits. 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. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.
 CEO
 WEBSITEmgpingredients.com
 INDUSTRYBeverages Non-Alcoholic
 EMPLOYEES690

MGP Ingredients Inc Frequently Asked Questions


What is the ticker symbol for MGP Ingredients Inc? What does MGPI stand for in stocks?

MGPI is the stock ticker symbol of MGP Ingredients Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of MGP Ingredients Inc (MGPI)?

As of Tue May 07 2024, market cap of MGP Ingredients Inc is 1.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MGPI stock?

You can check MGPI's fair value in chart for subscribers.

What is the fair value of MGPI stock?

You can check MGPI's fair value in chart for subscribers. The fair value of MGP Ingredients Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of MGP Ingredients Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MGPI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is MGP Ingredients Inc a good stock to buy?

The fair value guage provides a quick view whether MGPI is over valued or under valued. Whether MGP Ingredients Inc is cheap or expensive depends on the assumptions which impact MGP Ingredients Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MGPI.

What is MGP Ingredients Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, MGPI's PE ratio (Price to Earnings) is 18.34 and Price to Sales (PS) ratio is 2.21. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MGPI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on MGP Ingredients Inc's stock?

In the past 10 years, MGP Ingredients Inc has provided 0.312 (multiply by 100 for percentage) rate of return.