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MGPI

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

77.90USD-1.66 (-2.09%)Market Closed

Market Summary

MGPI
USD77.90-1.66
Market Closed
-2.09%

MGPI Stock Price

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MGPI RSI Chart

MGPI Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

16.01

Price/Sales (Trailing)

2.05

EV/EBITDA

11.57

Price/Free Cashflow

60.28

MGPI Price/Sales (Trailing)

MGPI Profitability

EBT Margin

16.94%

Return on Equity

12.62%

Return on Assets

7.71%

Free Cashflow Yield

1.66%

MGPI Fundamentals

MGPI Revenue

Revenue (TTM)

836.5M

Rev. Growth (Yr)

12.51%

Rev. Growth (Qtr)

1.54%

MGPI Earnings

Earnings (TTM)

107.4M

Earnings Growth (Yr)

38.45%

Earnings Growth (Qtr)

135.92%

Breaking Down MGPI Revenue

Last 7 days

0.2%

Last 30 days

-5.2%

Last 90 days

-11.5%

Trailing 12 Months

-19.8%

How does MGPI drawdown profile look like?

MGPI Financial Health

Current Ratio

4.51

Debt/Equity

0.23

Debt/Cashflow

0.43

MGPI Investor Care

Dividend Yield

0.62%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

0.29%

Diluted EPS (TTM)

4.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
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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
Apr 23, 2024
AMALGAMATED BANK
reduced
-26.75
-234,000
415,000
-%
Apr 23, 2024
Global Retirement Partners, LLC
reduced
-2.00
-2,850
33,849
-%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-1.28
-105,255
663,201
0.01%
Apr 23, 2024
KLR INVESTMENT ADVISORS, LLC
reduced
-8.08
-66,396
200,495
0.14%
Apr 23, 2024
FIFTH THIRD BANCORP
reduced
-65.28
-14,820
6,460
-%
Apr 22, 2024
MetLife Investment Management, LLC
unchanged
-
-58,262
824,711
0.01%
Apr 22, 2024
Kessler Investment Group, LLC
sold off
-100
-47,487
-
-%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-13.62
-5,777,070
17,822,700
0.03%
Apr 19, 2024
State of Alaska, Department of Revenue
reduced
-0.98
-127,000
820,000
0.01%
Apr 19, 2024
NORDEN GROUP LLC
new
-
261,234
261,234
-%

1–10 of 47

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
Apr 09, 2024
DEF 14A
DEF 14A
Apr 09, 2024
DEFA14A
DEFA14A
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 02, 2024
144
Notice of Insider Sale Intent
Apr 01, 2024
144
Notice of Insider Sale Intent
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to MGP Ingredients Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
265.5B
45.8B
1.92% -3.59%
24.78
5.8
6.39% 12.28%
239.4B
91.9B
2.79% -6.48%
26.07
2.61
4.36% 39.55%
56.5B
7.1B
-8.06% 0.22%
35.12
7.92
13.14% 35.10%
44.9B
14.8B
6.10% -9.89%
20.58
3.03
5.39% 51.88%
16.8B
1.3B
-21.41% -19.98%
73.9
12.72
101.65% 221.10%
MID-CAP
4.2B
1.2B
-5.66% -10.76%
24.6
3.53
0.91% 20.76%
3.6B
2.1B
-5.25% -6.80%
47.18
1.69
-4.02% 13.36%
3.0B
1.8B
2.72% 24.26%
47.13
1.7
4.64% 8.69%
SMALL-CAP
1.7B
836.5M
-5.22% -19.84%
16.01
2.05
6.92% -1.54%
1.4B
493.6M
-0.12% 15.94%
29.57
2.79
15.39% 496.74%
970.6M
396.9M
-7.58% -43.33%
14.71
2.45
4.10% 18.38%
14.9M
8.1M
-1.82% -29.87%
-5.29
1.84
-11.30% 54.00%
1.8M
10.8M
1.94% -73.35%
-0.24
0.17
-24.63% 53.68%
109.0K
62.6M
- -100.00%
-
-
7.31% 42.62%

MGP Ingredients Inc News

Latest updates
Yahoo Movies UK • 42 hours ago
MarketBeat • 18 Apr 2024 • 07:17 am
GlobeNewswire • 29 Feb 2024 • 08:00 am

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue1.5%21521220920119120119519516717717510810110393.0099.0092.0091.0091.0089.00105
Gross Profit15.9%85.0073.0076.0070.0063.0059.0059.0072.0053.0057.0057.0032.0032.0023.0021.0023.0022.0019.0020.0017.0026.00
  S&GA Expenses19.5%26.0022.0024.0021.0023.0018.0018.0016.0018.0019.0026.0011.0015.009.009.009.005.007.009.008.009.00
EBITDA Margin6.0%0.20*0.18*0.21*0.20*0.21*0.24*0.24*0.24*0.23*0.20*0.19*0.18*---------
Interest Expenses--------------0.000.001.000.000.000.000.000.00
Income Taxes123.7%10.004.0011.0010.005.008.007.0011.0012.008.006.005.004.003.003.003.003.003.003.00-1.464.00
Earnings Before Taxes133.8%41.0017.0043.0041.0028.0031.0033.0049.0043.0031.0026.0020.0015.0013.0011.0013.0016.0011.0011.008.0016.00
EBT Margin7.0%0.17*0.16*0.18*0.17*0.18*0.21*0.21*0.21*0.19*0.17*0.15*0.15*---------
Net Income135.9%31.0013.0032.0031.0023.0024.0025.0037.0032.0024.0020.0015.0012.0010.008.0010.0013.008.008.0010.0012.00
Net Income Margin5.7%0.13*0.12*0.14*0.13*0.14*0.16*0.16*0.16*0.14*0.13*0.12*0.11*---------
Free Cashflow33.6%22.0016.001.00-11.221.0018.0013.0012.007.004.0024.005.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.9%1,3921,3661,3951,1841,1581,1321,1071,0771,0411,0171,014381367362357382323307299290278
  Current Assets2.1%514504521475454441423395367352354230222221217242184176169160155
    Cash Equivalents-34.4%18.0028.0022.0032.0048.0051.0037.0027.0022.0016.0037.0023.0022.0020.0012.0043.003.004.002.00-5.00
  Net PPE7.8%262243251241236221212207207197190139132130129129128122120120121
  Goodwill0%3223223262262262262262262262282282243.00--------
Liabilities-0.9%54354858840841340840439739740342110310411011414792.0088.0086.0085.0076.00
  Current Liabilities26.6%11490.0011910210510193.0084.0089.0086.0083.0055.0053.0044.0039.0041.0039.0035.0032.0030.0037.00
  Long Term Debt0.0%19619519519519519519519535.0036.0037.0037.0038.0040.0040.0041.0041.0041.0041.0021.0021.00
    LT Debt, Non Current0.0%19619519519519519519519535.0036.0037.0037.0038.0040.0040.0041.0041.00---21.00
Shareholder's Equity3.8%850820807776747724703679644615594279263252243236231219212205201
  Retained Earnings5.6%540511501471443423402379344315294276263253245239231220213207199
  Additional Paid-In Capital0.7%32532332232131931831731731631631518.0016.0015.0015.0014.0014.0014.0013.0013.0015.00
Accumulated Depreciation-100.0%-222225220215210206226197194189185182194192188186183180177175
Shares Outstanding0.0%22.0022.0022.0022.0022.0022.0022.0022.0021.0020.0019.0017.00---------
Minority Interest-1.5%-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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations23.7%35,17828,44915,1355,02116,68329,23420,78922,23017,47823,33130,46416,99023,79823,4715,4445427,3099,3436,859-3,78931,822
  Share Based Compensation147.5%4,9842,0142,4221,2152,4169557581,3733084801,5383,2293098926621,1395524851,1421,125635
Cashflow From Investing-13.1%-12,552-11,101-118,644-16,945-16,049-12,280-7,451-12,0336,547-18,931-156,895-13,340-4,134-3,106-4,218-8,189-6,367-4,195-2,462-4,907-12,176
Cashflow From Financing-186.4%-32,269-11,26993,732-4,270-3,463-3,652-3,467-4,182-18,596-25,476141,085-2,726-17,968-12,144-32,14046,997-2,030-2,913-2,2353,671-14,621
  Dividend Payments0%2,6692,6692,6682,6692,6622,6622,6612,6612,6552,6552,6552,0522,0442,0432,0412,0601,7151,7141,7131,7141,375
  Buy Backs----8011.001.002.00711500*1.0091.0067416.00--4,395-----

MGPI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Sales$ 836,523$ 782,358$ 626,720
Cost of sales531,811529,052427,755
Gross profit304,712253,306198,965
Advertising and promotion expenses38,21329,71416,098
Selling, general, and administrative expenses91,39574,62772,829
Impairment of long-lived assets and other19,39100
Change in fair value of contingent consideration7,10000
Insurance recoveries00(16,325)
Operating income148,613148,965126,363
Interest expense, net(6,647)(5,451)(4,037)
Other expense, net(220)(3,342)(1,230)
Income before income taxes141,746140,172121,096
Income tax expense34,61631,30030,279
Net income107,130108,87290,817
Net loss attributable to noncontrolling interest345590490
Net income attributable to MGP Ingredients, Inc.107,475109,46291,307
Income attributable to participating securities, basic(1,074)(871)(712)
Income attributable to participating securities, diluted(1,074)(871)(712)
Net income used in earnings per common share calculation, basic106,401108,59190,595
Net income used in earnings per common share calculation, diluted$ 106,401$ 108,591$ 90,595
Weighted average common shares   
Basic (in shares)22,059,81622,002,99020,719,663
Diluted (in shares)22,173,91822,053,96620,719,663
Earnings per common share   
Basic (in dollars per share)$ 4.82$ 4.94$ 4.37
Diluted (in dollars per share)$ 4.80$ 4.92$ 4.37

MGPI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 18,388$ 47,889
Receivables (less allowance for credit loss of $1,475 at both December 31, 2023 and 2022)144,286109,267
Inventory346,853289,722
Prepaid expenses3,5802,957
Refundable income taxes1,1904,327
Total current assets514,297454,162
Property, plant, and equipment, net262,303235,632
Operating lease right-of-use assets, net13,97515,042
Investment in joint venture5,1975,534
Intangible assets, net271,706216,768
Goodwill321,544226,294
Other assets3,3264,779
Total assets1,392,3481,158,211
Current Liabilities  
Current maturities of long-term debt6,4005,600
Accounts payable73,59466,432
Federal and state excise taxes payable2,2514,627
Accrued expenses and other31,86128,716
Total current liabilities114,106105,375
Long-term debt, less current maturities85,30529,510
Convertible senior notes195,544195,225
Long-term operating lease liabilities11,29211,622
Contingent consideration69,2000
Other noncurrent liabilities4,7633,723
Deferred income taxes63,07167,112
Total liabilities543,281412,567
Commitments and Contingencies – Note 11
Capital stock  
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares44
Common stock  
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at December 31, 2023 and 2022; 22,016,113 and 21,994,042 shares outstanding at December 31, 2023 and 2022, respectively6,7156,715
Additional paid-in capital325,453318,839
Retained earnings539,883443,061
Accumulated other comprehensive income(397)(304)
Treasury stock, at cost, 1,109,053 and 1,131,124 shares at December 31, 2023 and 2022, respectively(21,166)(21,591)
Total MGP Ingredients, Inc. stockholders equity850,492746,724
Noncontrolling interest(1,425)(1,080)
Total equity849,067745,644
Total liabilities and equity$ 1,392,348$ 1,158,211
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 Wed Apr 24 2024, market cap of MGP Ingredients Inc is 1.72 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 Wed Apr 24 2024, MGPI's PE ratio (Price to Earnings) is 16.01 and Price to Sales (PS) ratio is 2.05. 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 0.294 (multiply by 100 for percentage) rate of return.