Last 7 days
1.7%
Last 30 days
-13.1%
Last 90 days
-3.4%
Trailing 12 Months
-2.3%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-07 | CNL 2013 Irrevocable Trust dated April 2, 2013 | sold | -740,639 | 113 | -6,500 | - |
2023-09-07 | Lux Catherine N. | sold | -740,639 | 113 | -6,500 | - |
2023-09-06 | CNL 2013 Irrevocable Trust dated April 2, 2013 | sold | -750,098 | 115 | -6,500 | - |
2023-09-06 | Lux Catherine N. | sold | -750,098 | 115 | -6,500 | - |
2023-09-05 | Seaberg Karen | sold | -99,988 | 117 | -853 | - |
2023-09-05 | Seaberg Karen | sold | - | - | -101,683 | - |
2023-09-01 | Mingus Lori L.S. | sold | -71,109 | 120 | -591 | - |
2023-08-28 | Ann S. Lux 2005 Irrevocable Trust FBO Paul S. Lux dated September 16, 2005 | sold | -1,190,630 | 119 | -10,000 | - |
2023-08-28 | Lux Paul S. | sold | -1,190,630 | 119 | -10,000 | - |
2023-08-25 | Lux Paul S. | sold | -1,188,370 | 118 | -10,000 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 19.77 | 280,000 | 1,168,000 | -% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 239 | 2,657 | -% |
2023-08-24 | Alberta Investment Management Corp | added | 9.69 | 296,941 | 1,743,100 | 0.02% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | sold off | -100 | -444,912 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 26.42 | 87,075 | 310,748 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.73 | 74,000 | 530,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 6.24 | 272,354 | 1,898,800 | -% |
2023-08-18 | Legato Capital Management LLC | unchanged | - | 57,407 | 638,211 | 0.09% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -3.93 | 1,554,010 | 29,476,000 | 0.01% |
2023-08-15 | GOLDMAN SACHS GROUP INC | reduced | -20.31 | -950,198 | 6,692,140 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Jan 26, 2023 | blackrock inc. | 11.7% | 2,577,182 | SC 13G/A | |
Jan 20, 2023 | blackrock inc. | 11.7% | 2,577,182 | SC 13G/A | |
Feb 11, 2022 | champlain investment partners, llc | 6.70% | 1,471,165 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Oct 02, 2023 | 144/A | 144/A | |
Oct 02, 2023 | 144/A | 144/A | |
Sep 27, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 26, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 26, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 26, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 08, 2023 | 4 | Insider Trading | |
Sep 08, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | SC 13D/A | 13D - Major Acquisition |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
KO | 240.0B | 44.1B | -6.46% | 0.50% | 22.83 | 5.44 | 6.82% | 9.81% |
PEP | 233.1B | 90.1B | -3.51% | 3.62% | 29.51 | 2.59 | 10.11% | -14.47% |
MNST | 55.0B | 6.7B | -7.09% | 20.84% | 38.34 | 8.23 | 11.34% | 17.07% |
GIS | 47.8B | 20.3B | -5.54% | -17.74% | 16.42 | 2.47 | 5.79% | -15.62% |
KDP | 43.6B | 14.6B | -6.97% | -12.87% | 27.2 | 2.99 | 9.75% | -26.33% |
TAP | 13.5B | 13.3B | -0.48% | 30.46% | 332.08 | 1.02 | 4.18% | -94.42% |
MID-CAP | ||||||||
CELH | 13.4B | 952.0M | -10.41% | 91.88% | -121.19 | 14.05 | 95.66% | -699.65% |
SAM | 4.8B | 2.2B | 7.13% | 21.65% | 74.37 | 2.21 | 4.84% | 210.43% |
MGPI | 2.3B | 802.2M | -13.13% | -2.35% | 20.88 | 2.84 | 9.33% | -7.58% |
SMALL-CAP | ||||||||
FIZZ | 5.1B | 1.2B | -3.33% | 22.94% | 35.58 | 4.31 | 3.03% | 11.55% |
REED | 8.6M | 48.3M | 3480.11% | 988.71% | -0.44 | 0.17 | -7.28% | 7.01% |
WTER | 3.5M | 63.8M | -47.96% | 3.47% | -0.13 | 0.05 | 16.44% | 30.77% |
RIBT | 2.9M | 36.4M | -19.61% | -75.33% | -0.18 | 0.08 | 13.44% | -36.80% |
36.3%
15.1%
7.2%
35.5%
78.5%
45.4%
40%
Y-axis is the maximum loss one would have experienced if MGP Ingredients was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.8% | 802 | 788 | 782 | 758 | 734 | 714 | 627 | 561 | 487 | 405 | 396 | 387 | 375 | 373 | 363 | 375 | 379 | 377 | 376 | 359 | 351 |
Gross Profit | 6.8% | 268 | 251 | 253 | 243 | 241 | 238 | 199 | 178 | 144 | 108 | 99.00 | 89.00 | 84.00 | 83.00 | 77.00 | 81.00 | 81.00 | 81.00 | 84.00 | 78.00 | 77.00 |
S&GA Expenses | 7.2% | 85.00 | 79.00 | 75.00 | 70.00 | 70.00 | 78.00 | 73.00 | 71.00 | 61.00 | 44.00 | 42.00 | 32.00 | 30.00 | 30.00 | 29.00 | 33.00 | 33.00 | 33.00 | 33.00 | 33.00 | 34.00 |
EBITDA | -100.0% | - | 153 | 162 | 177 | 177 | 175 | 144 | - | - | 75.00 | 68.00 | 68.00 | 65.00 | 64.00 | 59.00 | 59.00 | 59.00 | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.19* | 0.21* | 0.23* | 0.24* | 0.25* | 0.23* | - | - | 0.19* | 0.17* | 0.17* | 0.17* | 0.17* | 0.16* | 0.16* | 0.16* | - | - | - | - |
Interest Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Earnings Before Taxes | 7.6% | 142 | 132 | 140 | 156 | 156 | 150 | 121 | 93.00 | 75.00 | 60.00 | 53.00 | 53.00 | 51.00 | 51.00 | 46.00 | 46.00 | 47.00 | 47.00 | 49.00 | 43.00 | 53.00 |
EBT Margin | -100.0% | - | 0.17* | 0.18* | 0.21* | 0.21* | 0.21* | 0.19* | 0.17* | 0.15* | 0.15* | 0.13* | 0.14* | 0.14* | 0.14* | 0.13* | - | - | - | - | - | - |
Net Income | 6.4% | 109 | 103 | 109 | 118 | 118 | 113 | 91.00 | 71.00 | 57.00 | 46.00 | 40.00 | 42.00 | 39.00 | 39.00 | 39.00 | 38.00 | 38.00 | 38.00 | 37.00 | 38.00 | 43.00 |
Net Income Margin | -100.0% | - | 0.13* | 0.14* | 0.16* | 0.16* | 0.16* | 0.15* | 0.13* | 0.12* | 0.11* | 0.10* | 0.11* | 0.11* | 0.10* | 0.11* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 21.00 | 44.00 | 50.00 | 37.00 | 48.00 | 41.00 | 51.00 | 67.00 | 44.00 | 34.00 | 17.00 | 2.00 | 5.00 | 3.00 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 17.8% | 1,395 | 1,184 | 1,158 | 1,132 | 1,107 | 1,077 | 1,041 | 1,017 | 1,014 | 381 | 367 | 362 | 357 | 382 | 323 | 307 | 299 | 290 | 278 | 274 | 260 |
Current Assets | 9.6% | 521 | 475 | 454 | 441 | 423 | 395 | 367 | 352 | 354 | 230 | 222 | 221 | 217 | 242 | 184 | 176 | 169 | 160 | 155 | 161 | 149 |
Cash Equivalents | -30.8% | 22.00 | 32.00 | 48.00 | 51.00 | 37.00 | 27.00 | 22.00 | 16.00 | 37.00 | 23.00 | 22.00 | 20.00 | 12.00 | 43.00 | 3.00 | 4.00 | 2.00 | - | 5.00 | - | 2.00 |
Net PPE | 4.0% | 251 | 241 | 236 | 221 | 212 | 207 | 207 | 197 | 190 | 139 | 132 | 130 | 129 | 129 | 128 | 122 | 120 | 120 | 121 | 110 | 109 |
Goodwill | 43.9% | 326 | 226 | 226 | 226 | 226 | 226 | 226 | 228 | 228 | 224 | 3.00 | - | - | - | - | - | - | - | - | - | - |
Liabilities | 44.0% | 588 | 408 | 413 | 408 | 404 | 397 | 397 | 403 | 421 | 103 | 104 | 110 | 114 | 147 | 92.00 | 88.00 | 86.00 | 85.00 | 76.00 | 83.00 | 78.00 |
Current Liabilities | 16.0% | 119 | 102 | 105 | 101 | 93.00 | 84.00 | 89.00 | 86.00 | 83.00 | 55.00 | 53.00 | 44.00 | 39.00 | 41.00 | 39.00 | 35.00 | 32.00 | 30.00 | 37.00 | 32.00 | 32.00 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 41.00 | 41.00 | 21.00 | 21.00 | 21.00 | 21.00 |
LT Debt, Non Current | - | - | - | 30.00 | - | - | - | 35.00 | 36.00 | 37.00 | 37.00 | 38.00 | 40.00 | 40.00 | 41.00 | 41.00 | - | - | - | 21.00 | - | - |
Shareholder's Equity | 4.2% | 808 | 776 | 747 | 725 | 703 | 679 | 644 | 615 | 594 | 279 | 263 | 252 | 243 | 236 | 231 | 219 | 212 | 205 | 201 | 190 | 182 |
Retained Earnings | 6.2% | 501 | 471 | 443 | 423 | 402 | 379 | 344 | 315 | 294 | 276 | 263 | 253 | 245 | 239 | 231 | 220 | 213 | 207 | 199 | 188 | 181 |
Additional Paid-In Capital | 0.4% | 322 | 321 | 319 | 318 | 317 | 317 | 316 | 316 | 315 | 18.00 | 16.00 | 15.00 | 15.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 15.00 | 15.00 | 14.00 |
Accumulated Depreciation | 2.1% | 225 | 220 | 215 | 210 | 206 | 226 | 197 | 194 | 189 | 185 | 182 | 194 | 192 | 188 | 186 | 183 | 180 | 177 | 175 | 172 | 170 |
Shares Outstanding | 0.0% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 |
Minority Interest | -14.5% | -1.28 | -1.12 | -1.08 | -0.93 | -0.75 | -0.56 | -0.49 | -0.28 | -0.08 | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -7.9% | 66.00 | 72.00 | 89.00 | 90.00 | 84.00 | 94.00 | 88.00 | 95.00 | 95.00 | 70.00 | 53.00 | 37.00 | 23.00 | 24.00 | 20.00 | 44.00 | 35.00 | 29.00 | 33.00 | 19.00 | 24.00 |
Share Based Compensation | 31.1% | 7.00 | 5.00 | 6.00 | 3.00 | 3.00 | 4.00 | 6.00 | 6.00 | 6.00 | 5.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Cashflow From Investing | -210.9% | -163 | -52.72 | -47.81 | -25.22 | -31.87 | -181 | -182 | -193 | -177 | -24.80 | -19.65 | -21.88 | -22.97 | -21.21 | -17.93 | -23.74 | -25.35 | -28.91 | -31.05 | -26.31 | -1.65 |
Cashflow From Financing | 654.5% | 82.00 | -14.85 | -14.76 | -29.90 | -51.72 | 93.00 | 94.00 | 95.00 | 108 | -64.98 | -15.25 | 1.00 | 10.00 | 40.00 | -3.51 | -16.10 | -10.08 | -1.02 | -0.49 | 1.00 | -27.85 |
Dividend Payments | 0.1% | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 11.00 | 10.00 | 9.00 | 9.00 | 8.00 | 8.00 | 8.00 | 8.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 6.00 | 5.00 | 19.00 |
Buy Backs | -0.2% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 4.00 | 6.00 | 9.00 | 18.00 | 5.00 | - | - | - | 2.00 | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Sales | $ 209,001 | $ 194,982 | $ 410,011 | $ 390,217 |
Cost of sales | 132,706 | 135,758 | 263,892 | 259,172 |
Gross profit | 76,295 | 59,224 | 146,119 | 131,045 |
Advertising and promotion expenses | 8,639 | 6,065 | 16,372 | 11,569 |
Selling, general, and administrative expenses | 23,513 | 17,853 | 44,045 | 34,090 |
Operating income | 44,143 | 35,306 | 85,702 | 85,386 |
Interest expense, net | (1,282) | (1,543) | (2,277) | (3,141) |
Other income (expense), net | (93) | (1,062) | 30 | (1,008) |
Income before income taxes | 42,768 | 32,701 | 83,455 | 81,237 |
Income tax expense | 10,804 | 7,339 | 20,459 | 18,504 |
Net income | 31,964 | 25,362 | 62,996 | 62,733 |
Net loss attributable to noncontrolling interest | 162 | 198 | 201 | 264 |
Net income attributable to MGP Ingredients, Inc. | 32,126 | 25,560 | 63,197 | 62,997 |
Income attributable to participating securities, basic | (324) | (217) | (633) | (535) |
Income attributable to participating securities, diluted | (324) | (217) | (633) | (535) |
Net income used in earnings per common share calculation, basic | 31,802 | 25,343 | 62,564 | 62,462 |
Net income used in earnings per common share calculation, diluted | $ 31,802 | $ 25,343 | $ 62,564 | $ 62,462 |
Weighted average common shares | ||||
Basic (in shares) | 22,062,142 | 22,002,385 | 22,051,244 | 21,995,779 |
Diluted (in shares) | 22,139,663 | 22,002,385 | 22,106,113 | 21,995,779 |
Earnings per common share | ||||
Basic (in dollars per share) | $ 1.44 | $ 1.15 | $ 2.84 | $ 2.84 |
Diluted (in dollars per share) | $ 1.44 | $ 1.15 | $ 2.83 | $ 2.84 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets | ||
Cash and cash equivalents | $ 21,959 | $ 47,889 |
Receivables (less allowance for credit loss, $1,475 at both June 30, 2023, and December 31, 2022) | 147,570 | 109,267 |
Inventory | 343,826 | 289,722 |
Prepaid expenses | 5,177 | 2,957 |
Refundable income taxes | 2,317 | 4,327 |
Total current assets | 520,849 | 454,162 |
Property, plant, and equipment | 475,472 | 450,800 |
Less accumulated depreciation and amortization | (224,823) | (215,168) |
Property, plant, and equipment, net | 250,649 | 235,632 |
Operating lease right-of-use assets, net | 17,122 | 15,042 |
Investment in joint ventures | 4,955 | 5,534 |
Intangible assets, net | 271,440 | 216,768 |
Goodwill | 325,713 | 226,294 |
Other assets | 4,401 | 4,779 |
Total assets | 1,395,129 | 1,158,211 |
Current Liabilities | ||
Current maturities of long-term debt | 6,400 | 5,600 |
Accounts payable | 84,921 | 66,432 |
Federal and state excise taxes payable | 5,946 | 4,627 |
Accrued expenses and other | 21,384 | 28,716 |
Total current liabilities | 118,651 | 105,375 |
Long-term debt, less current maturities | 123,319 | 29,510 |
Convertible senior notes | 195,385 | 195,225 |
Long-term operating lease liabilities | 13,568 | 11,622 |
Contingent consideration | 63,900 | 0 |
Other noncurrent liabilities | 3,943 | 3,723 |
Deferred income taxes | 69,241 | 67,112 |
Total liabilities | 588,007 | 412,567 |
Commitments and Contingencies (Note 8) | ||
Capital stock | ||
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares | 4 | 4 |
Common stock | ||
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at June 30, 2023 and December 31, 2022; and 22,014,374 and 21,994,042 shares outstanding at June 30, 2023 and December 31, 2022, respectively | 6,715 | 6,715 |
Additional paid-in capital | 322,267 | 318,839 |
Retained earnings | 500,933 | 443,061 |
Accumulated other comprehensive income (loss) | (169) | (304) |
Treasury stock, at cost, 1,110,792 and 1,131,124 shares at June 30, 2023 and December 31, 2022, respectively | (21,347) | (21,591) |
Total MGP Ingredients, Inc. stockholders’ equity | 808,403 | 746,724 |
Noncontrolling interest | (1,281) | (1,080) |
Total equity | 807,122 | 745,644 |
Total liabilities and equity | $ 1,395,129 | $ 1,158,211 |