MGPI RSI Chart
Last 7 days
0.2%
Last 30 days
-5.2%
Last 90 days
-11.5%
Trailing 12 Months
-19.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 788.1M | 802.2M | 812.6M | 836.5M |
2022 | 713.6M | 733.7M | 758.2M | 782.4M |
2021 | 404.8M | 487.1M | 560.8M | 626.7M |
2020 | 372.7M | 374.8M | 387.1M | 395.5M |
2019 | 377.2M | 379.5M | 375.1M | 362.7M |
2018 | 348.2M | 350.7M | 359.4M | 376.1M |
2017 | 338.1M | 341.6M | 344.3M | 347.4M |
2016 | 338.2M | 328.3M | 328.1M | 328.1M |
2015 | 338.6M | 344.8M | 344.7M | 345.9M |
2014 | 329.9M | 332.1M | 335.4M | 338.4M |
2013 | 338.5M | 335.0M | 339.5M | 334.1M |
2012 | 303.9M | 322.3M | 322.3M | 338.2M |
2011 | 232.8M | 248.2M | 266.2M | 279.7M |
2010 | 0 | 202.0M | 217.4M | 0 |
2009 | 0 | 291.8M | 0 | 0 |
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>
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.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold MGPI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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 | -% |
Unveiling MGP Ingredients Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to MGP Ingredients Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
KO | 265.5B | 45.8B | 24.78 | 5.8 | ||||
PEP | 239.4B | 91.9B | 26.07 | 2.61 | ||||
MNST | 56.5B | 7.1B | 35.12 | 7.92 | ||||
KDP | 44.9B | 14.8B | 20.58 | 3.03 | ||||
CELH | 16.8B | 1.3B | 73.9 | 12.72 | ||||
MID-CAP | ||||||||
FIZZ | 4.2B | 1.2B | 24.6 | 3.53 | ||||
SAM | 3.6B | 2.1B | 47.18 | 1.69 | ||||
PRMW | 3.0B | 1.8B | 47.13 | 1.7 | ||||
SMALL-CAP | ||||||||
MGPI | 1.7B | 836.5M | 16.01 | 2.05 | ||||
COCO | 1.4B | 493.6M | 29.57 | 2.79 | ||||
NAPA | 970.6M | 396.9M | 14.71 | 2.45 | ||||
BRFH | 14.9M | 8.1M | -5.29 | 1.84 | ||||
EAST | 1.8M | 10.8M | -0.24 | 0.17 | ||||
WTER | 109.0K | 62.6M | - | - |
MGP Ingredients Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.5% | 215 | 212 | 209 | 201 | 191 | 201 | 195 | 195 | 167 | 177 | 175 | 108 | 101 | 103 | 93.00 | 99.00 | 92.00 | 91.00 | 91.00 | 89.00 | 105 |
Gross Profit | 15.9% | 85.00 | 73.00 | 76.00 | 70.00 | 63.00 | 59.00 | 59.00 | 72.00 | 53.00 | 57.00 | 57.00 | 32.00 | 32.00 | 23.00 | 21.00 | 23.00 | 22.00 | 19.00 | 20.00 | 17.00 | 26.00 |
S&GA Expenses | 19.5% | 26.00 | 22.00 | 24.00 | 21.00 | 23.00 | 18.00 | 18.00 | 16.00 | 18.00 | 19.00 | 26.00 | 11.00 | 15.00 | 9.00 | 9.00 | 9.00 | 5.00 | 7.00 | 9.00 | 8.00 | 9.00 |
EBITDA Margin | 6.0% | 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Income Taxes | 123.7% | 10.00 | 4.00 | 11.00 | 10.00 | 5.00 | 8.00 | 7.00 | 11.00 | 12.00 | 8.00 | 6.00 | 5.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | -1.46 | 4.00 |
Earnings Before Taxes | 133.8% | 41.00 | 17.00 | 43.00 | 41.00 | 28.00 | 31.00 | 33.00 | 49.00 | 43.00 | 31.00 | 26.00 | 20.00 | 15.00 | 13.00 | 11.00 | 13.00 | 16.00 | 11.00 | 11.00 | 8.00 | 16.00 |
EBT Margin | 7.0% | 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 Income | 135.9% | 31.00 | 13.00 | 32.00 | 31.00 | 23.00 | 24.00 | 25.00 | 37.00 | 32.00 | 24.00 | 20.00 | 15.00 | 12.00 | 10.00 | 8.00 | 10.00 | 13.00 | 8.00 | 8.00 | 10.00 | 12.00 |
Net Income Margin | 5.7% | 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 Cashflow | 33.6% | 22.00 | 16.00 | 1.00 | -11.22 | 1.00 | 18.00 | 13.00 | 12.00 | 7.00 | 4.00 | 24.00 | 5.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 1.9% | 1,392 | 1,366 | 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 |
Current Assets | 2.1% | 514 | 504 | 521 | 475 | 454 | 441 | 423 | 395 | 367 | 352 | 354 | 230 | 222 | 221 | 217 | 242 | 184 | 176 | 169 | 160 | 155 |
Cash Equivalents | -34.4% | 18.00 | 28.00 | 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 |
Net PPE | 7.8% | 262 | 243 | 251 | 241 | 236 | 221 | 212 | 207 | 207 | 197 | 190 | 139 | 132 | 130 | 129 | 129 | 128 | 122 | 120 | 120 | 121 |
Goodwill | 0% | 322 | 322 | 326 | 226 | 226 | 226 | 226 | 226 | 226 | 228 | 228 | 224 | 3.00 | - | - | - | - | - | - | - | - |
Liabilities | -0.9% | 543 | 548 | 588 | 408 | 413 | 408 | 404 | 397 | 397 | 403 | 421 | 103 | 104 | 110 | 114 | 147 | 92.00 | 88.00 | 86.00 | 85.00 | 76.00 |
Current Liabilities | 26.6% | 114 | 90.00 | 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 |
Long Term Debt | 0.0% | 196 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 35.00 | 36.00 | 37.00 | 37.00 | 38.00 | 40.00 | 40.00 | 41.00 | 41.00 | 41.00 | 41.00 | 21.00 | 21.00 |
LT Debt, Non Current | 0.0% | 196 | 195 | 195 | 195 | 195 | 195 | 195 | 195 | 35.00 | 36.00 | 37.00 | 37.00 | 38.00 | 40.00 | 40.00 | 41.00 | 41.00 | - | - | - | 21.00 |
Shareholder's Equity | 3.8% | 850 | 820 | 807 | 776 | 747 | 724 | 703 | 679 | 644 | 615 | 594 | 279 | 263 | 252 | 243 | 236 | 231 | 219 | 212 | 205 | 201 |
Retained Earnings | 5.6% | 540 | 511 | 501 | 471 | 443 | 423 | 402 | 379 | 344 | 315 | 294 | 276 | 263 | 253 | 245 | 239 | 231 | 220 | 213 | 207 | 199 |
Additional Paid-In Capital | 0.7% | 325 | 323 | 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 |
Accumulated Depreciation | -100.0% | - | 222 | 225 | 220 | 215 | 210 | 206 | 226 | 197 | 194 | 189 | 185 | 182 | 194 | 192 | 188 | 186 | 183 | 180 | 177 | 175 |
Shares Outstanding | 0.0% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 | 21.00 | 20.00 | 19.00 | 17.00 | - | - | - | - | - | - | - | - | - |
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 (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 23.7% | 35,178 | 28,449 | 15,135 | 5,021 | 16,683 | 29,234 | 20,789 | 22,230 | 17,478 | 23,331 | 30,464 | 16,990 | 23,798 | 23,471 | 5,444 | 542 | 7,309 | 9,343 | 6,859 | -3,789 | 31,822 |
Share Based Compensation | 147.5% | 4,984 | 2,014 | 2,422 | 1,215 | 2,416 | 955 | 758 | 1,373 | 308 | 480 | 1,538 | 3,229 | 309 | 892 | 662 | 1,139 | 552 | 485 | 1,142 | 1,125 | 635 |
Cashflow From Investing | -13.1% | -12,552 | -11,101 | -118,644 | -16,945 | -16,049 | -12,280 | -7,451 | -12,033 | 6,547 | -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 | -11,269 | 93,732 | -4,270 | -3,463 | -3,652 | -3,467 | -4,182 | -18,596 | -25,476 | 141,085 | -2,726 | -17,968 | -12,144 | -32,140 | 46,997 | -2,030 | -2,913 | -2,235 | 3,671 | -14,621 |
Dividend Payments | 0% | 2,669 | 2,669 | 2,668 | 2,669 | 2,662 | 2,662 | 2,661 | 2,661 | 2,655 | 2,655 | 2,655 | 2,052 | 2,044 | 2,043 | 2,041 | 2,060 | 1,715 | 1,714 | 1,713 | 1,714 | 1,375 |
Buy Backs | - | - | - | - | 801 | 1.00 | 1.00 | 2.00 | 711 | 500* | 1.00 | 91.00 | 674 | 16.00 | - | - | 4,395 | - | - | - | - | - |
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 sales | 531,811 | 529,052 | 427,755 |
Gross profit | 304,712 | 253,306 | 198,965 |
Advertising and promotion expenses | 38,213 | 29,714 | 16,098 |
Selling, general, and administrative expenses | 91,395 | 74,627 | 72,829 |
Impairment of long-lived assets and other | 19,391 | 0 | 0 |
Change in fair value of contingent consideration | 7,100 | 0 | 0 |
Insurance recoveries | 0 | 0 | (16,325) |
Operating income | 148,613 | 148,965 | 126,363 |
Interest expense, net | (6,647) | (5,451) | (4,037) |
Other expense, net | (220) | (3,342) | (1,230) |
Income before income taxes | 141,746 | 140,172 | 121,096 |
Income tax expense | 34,616 | 31,300 | 30,279 |
Net income | 107,130 | 108,872 | 90,817 |
Net loss attributable to noncontrolling interest | 345 | 590 | 490 |
Net income attributable to MGP Ingredients, Inc. | 107,475 | 109,462 | 91,307 |
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, basic | 106,401 | 108,591 | 90,595 |
Net income used in earnings per common share calculation, diluted | $ 106,401 | $ 108,591 | $ 90,595 |
Weighted average common shares | |||
Basic (in shares) | 22,059,816 | 22,002,990 | 20,719,663 |
Diluted (in shares) | 22,173,918 | 22,053,966 | 20,719,663 |
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 |
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) | 144,286 | 109,267 |
Inventory | 346,853 | 289,722 |
Prepaid expenses | 3,580 | 2,957 |
Refundable income taxes | 1,190 | 4,327 |
Total current assets | 514,297 | 454,162 |
Property, plant, and equipment, net | 262,303 | 235,632 |
Operating lease right-of-use assets, net | 13,975 | 15,042 |
Investment in joint venture | 5,197 | 5,534 |
Intangible assets, net | 271,706 | 216,768 |
Goodwill | 321,544 | 226,294 |
Other assets | 3,326 | 4,779 |
Total assets | 1,392,348 | 1,158,211 |
Current Liabilities | ||
Current maturities of long-term debt | 6,400 | 5,600 |
Accounts payable | 73,594 | 66,432 |
Federal and state excise taxes payable | 2,251 | 4,627 |
Accrued expenses and other | 31,861 | 28,716 |
Total current liabilities | 114,106 | 105,375 |
Long-term debt, less current maturities | 85,305 | 29,510 |
Convertible senior notes | 195,544 | 195,225 |
Long-term operating lease liabilities | 11,292 | 11,622 |
Contingent consideration | 69,200 | 0 |
Other noncurrent liabilities | 4,763 | 3,723 |
Deferred income taxes | 63,071 | 67,112 |
Total liabilities | 543,281 | 412,567 |
Commitments and Contingencies – Note 11 | ||
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 December 31, 2023 and 2022; 22,016,113 and 21,994,042 shares outstanding at December 31, 2023 and 2022, respectively | 6,715 | 6,715 |
Additional paid-in capital | 325,453 | 318,839 |
Retained earnings | 539,883 | 443,061 |
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 equity | 850,492 | 746,724 |
Noncontrolling interest | (1,425) | (1,080) |
Total equity | 849,067 | 745,644 |
Total liabilities and equity | $ 1,392,348 | $ 1,158,211 |