Market Summary
USD94.56+0.04
Market Closed0.04%
MGPI Alerts
MGPI Stock Price
MGPI RSI Chart
MGPI Valuation
MGPI Price/Sales (Trailing)
MGPI Profitability
MGPI Fundamentals
MGPI Revenue
MGPI Earnings
Price Action
52 Week Range
85.10125.74
(Low)(High)
Last 7 days
2.5%
Last 30 days
-6.8%
Last 90 days
-11.1%
Trailing 12 Months
10.5%
MGPI Financial Health
MGPI Investor Care
Peers (Alternatives to MGP Ingredients)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
KO | 267.5B | 43.0B | 4.73% | 2.36% | 28.03 | 6.22 | 11.25% | -2.34% |
PEP | 243.6B | 86.4B | 4.91% | 8.41% | 27.34 | 2.82 | 8.70% | 16.96% |
KDP | 49.5B | 14.1B | 1.68% | -6.46% | 34.45 | 3.52 | 10.83% | -33.08% |
GIS | 47.8B | 19.4B | 6.85% | 27.76% | 16.42 | 2.47 | 4.08% | 30.06% |
MNST | 27.4B | 6.3B | 3.16% | 31.13% | 23.01 | 4.34 | 13.89% | -13.49% |
TAP | 11.2B | 12.8B | -2.06% | -4.14% | -63.93 | 0.87 | 2.87% | -117.43% |
| MID-CAP | ||||||||
CELH | 7.0B | 653.6M | 0.70% | 59.97% | -37.29 | 10.69 | 107.97% | -4902.10% |
SAM | 4.0B | 2.2B | 1.01% | -15.32% | 59.91 | 1.81 | 1.18% | 362.19% |
MGPI | 2.1B | 782.4M | -6.78% | 10.54% | 19.1 | 2.66 | 24.83% | 19.88% |
| SMALL-CAP | ||||||||
REED | 365.3M | 50.8M | 3480.11% | 988.71% | -20.12 | 7.19 | 6.92% | -22.73% |
WTER | 24.8M | 73.3M | -31.40% | -81.66% | -0.8 | 0.34 | 32.40% | 6.88% |
RIBT | 5.1M | 39.0M | -17.79% | 97.98% | -0.44 | 0.13 | 30.61% | -109.87% |
FIZZ | 4.8M | 1.2B | 11.36% | 17.61% | 0.03 | 0 | 4.98% | -14.14% |
Financials for MGP Ingredients
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 3.2% | 782 | 758 | 734 | 714 | 627 |
| Gross Profit | 4.3% | 253 | 243 | 241 | 238 | 199 |
| S&GA Expenses | 7.3% | 75.00 | 70.00 | 70.00 | 78.00 | 73.00 |
| EBITDA | -8.8% | 162 | 177 | 177 | 175 | - |
| EBITDA Margin | -11.7% | 0.21* | 0.23* | 0.24* | 0.25* | - |
| Earnings Before Taxes | -9.9% | 140 | 156 | 156 | 150 | 121 |
| EBT Margin | -12.7% | 0.18* | 0.21* | 0.21* | 0.21* | - |
| Net Income | -7.8% | 109 | 118 | 118 | 113 | 91.00 |
| Net Income Margin | -10.6% | 0.14* | 0.16* | 0.16* | 0.16* | - |
| Free Cahsflow | -13.4% | 44.00 | 50.00 | 37.00 | 48.00 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 2.3% | 1,158 | 1,132 | 1,107 | 1,077 | 1,041 |
| Current Assets | 3.1% | 454 | 441 | 423 | 395 | 367 |
| Cash Equivalents | -5.5% | 48.00 | 51.00 | 37.00 | 27.00 | 22.00 |
| Net PPE | 6.8% | 236 | 221 | 212 | 207 | 207 |
| Goodwill | 0% | 226 | 226 | 226 | 226 | 226 |
| Liabilities | 1.1% | 413 | 408 | 404 | 397 | 397 |
| Current Liabilities | 4.5% | 105 | 101 | 93.00 | 84.00 | 89.00 |
| LT Debt, Non Current | -16.3% | 30.00 | 35.00 | - | - | - |
| Shareholder's Equity | 3.0% | 747 | 725 | 703 | 679 | 645 |
| Retained Earnings | 4.7% | 443 | 423 | 402 | 379 | 344 |
| Additional Paid-In Capital | 0.4% | 319 | 318 | 317 | 317 | 316 |
| Accumulated Depreciation | 2.0% | 210 | 206 | 226 | 197 | - |
| Shares Outstanding | 0.0% | 22.00 | 22.00 | 22.00 | 22.00 | 22.00 |
| Minority Interest | -15.6% | -1.08 | -0.93 | -0.75 | -0.56 | -0.49 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -0.9% | 89.00 | 90.00 | 84.00 | 94.00 | 88.00 |
| Share Based Compensation | 62.1% | 6.00 | 3.00 | 3.00 | 4.00 | 6.00 |
| Cashflow From Investing | -89.6% | -47.81 | -25.22 | -31.87 | -181 | -182 |
| Cashflow From Financing | 50.6% | -14.76 | -29.90 | -51.72 | 93.00 | 94.00 |
| Dividend Payments | 0.1% | 11.00 | 11.00 | 11.00 | 11.00 | 10.00 |
| Buy Backs | 0.1% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Risks for MGPI
What is the probability of a big loss on MGPI?
72.3%
Probability that MGP Ingredients stock will be more than 20% underwater in next one year
45.4%
Probability that MGP Ingredients stock will be more than 30% underwater in next one year.
40%
Probability that MGP Ingredients stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does MGPI drawdown profile look like?
Y-axis is the maximum loss one would have experienced if MGP Ingredients was unfortunately bought at previous high price.
Drawdowns
Returns for MGPI
Cumulative Returns on MGPI
37.3%
10-Year Cumulative Returns
22.4%
7-Year Cumulative Returns
1.7%
5-Year Cumulative Returns
52.7%
3-Year Cumulative Returns
What are the long-term rolling returns for MGPI?
FIve years rolling returns for MGP Ingredients.
Annualized Returns
Which funds bought or sold MGPI recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | unchanged | - | 1,639 | 792,425 | 0.01% |
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -1.31 | -3,368 | 264,632 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -10.63 | -2,919,550 | 25,028,400 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | unchanged | - | - | 2,000 | -% |
2023-02-28 | Voya Investment Management LLC | unchanged | - | 1,303 | 580,303 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 21.58 | 90,000 | 502,000 | -% |
2023-02-21 | MACQUARIE GROUP LTD | added | 14.79 | 3,434,000 | 26,278,000 | 0.03% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | unchanged | - | 319 | 10,319 | -% |
2023-02-17 | TRUIST FINANCIAL CORP | new | - | 37,764 | 37,764 | -% |
2023-02-16 | HARBOUR INVESTMENTS, INC. | reduced | -45.45 | -717 | 1,283 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
MGPI Alerts
MGP Ingredients News
Schedule 13G FIlings of MGP Ingredients
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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 | |
| Feb 11, 2022 | stephens investment management group llc | 5.6% | 1,232,322 | SC 13G | |
| Feb 10, 2022 | vanguard group inc | 4.49% | 985,546 | SC 13G/A |
MGPI Fair Value
MGP Ingredients fair value in different scenarios
The table shows the Fair Value estimates for MGP Ingredients for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 69.01 -27.02% | 92.28 -2.41% | 128.17 35.54% | 218.00 130.54% | 465.23 391.99% |
| Current Inflation | 64.58 -31.70% | 84.71 -10.42% | 115.43 22.07% | 192.08 103.13% | 402.88 326.06% |
| Very High Inflation | 59.02 -37.58% | 75.45 -20.21% | 100.24 6.01% | 161.79 71.10% | 330.84 249.87% |
Historical MGP Ingredients Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of MGP Ingredients
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 20, 2023 | 4 | Insider Trading | |
| Mar 17, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 4 | Insider Trading | |
| Mar 14, 2023 | 4 | Insider Trading | |
| Mar 08, 2023 | 4 | Insider Trading | |
| Mar 03, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Feb 28, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for MGPI
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-17 | Seaberg Karen | sold | -499,950 | 92.3268 | -5,415 | - |
2023-03-16 | COLO DAVID | sold (taxes) | -331,703 | 93.49 | -3,548 | president & ceo |
2023-03-16 | Seaberg Karen | sold | -500,327 | 93.4143 | -5,356 | - |
2023-03-15 | Seaberg Karen | sold | -499,610 | 91.9922 | -5,431 | - |
2023-03-13 | Seaberg Karen | sold | -497,802 | 94.1202 | -5,289 | - |
2023-03-07 | Seaberg Karen | sold | -494,215 | 96.4133 | -5,126 | - |
2023-03-02 | Seaberg Karen | sold | -149,962 | 99.7751 | -1,503 | - |
2023-03-01 | Seaberg Karen | gifted | - | - | 71.00 | - |
2023-03-01 | Mingus Lori L.S. | sold | -99,988 | 99.1952 | -1,008 | - |
2023-03-01 | Seaberg Karen | sold | -99,988 | 99.1952 | -1,008 | - |
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.
MGPI Income Statement
2022-12-31CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
| Income Statement [Abstract] | |||
| Sales to customers: | $ 782,358 | $ 626,720 | $ 395,521 |
| Cost of sales | 529,052 | 427,755 | 296,715 |
| Gross profit | 253,306 | 198,965 | 98,806 |
| Advertising and promotion expenses | 29,714 | 16,098 | 2,712 |
| Selling, general, and administrative expenses | 74,627 | 72,829 | 41,853 |
| Insurance recoveries | 0 | (16,325) | 0 |
| Operating income | 148,965 | 126,363 | 54,241 |
| Interest expense, net | (5,451) | (4,037) | (2,267) |
| Other income (loss), net | (3,342) | (1,230) | 627 |
| Income before income taxes | 140,172 | 121,096 | 52,601 |
| Income tax expense | 31,300 | 30,279 | 12,256 |
| Net income | 108,872 | 90,817 | 40,345 |
| Net loss attributable to noncontrolling interest | 590 | 490 | 0 |
| Net income attributable to MGP Ingredients, Inc. | 109,462 | 91,307 | 40,345 |
| Income attributable to participating securities, basic | (871) | (712) | (261) |
| Income attributable to participating securities, diluted | (871) | (712) | (261) |
| Net income used in Earnings Per Share calculation, basic | 108,591 | 90,595 | 40,084 |
| Net income used in Earnings Per Share calculation, diluted | $ 108,591 | $ 90,595 | $ 40,084 |
| Weighted average common shares | |||
| Weighted average common shares, basic (in shares) | 22,002,990 | 20,719,663 | 16,937,125 |
| Weighted average common shares, diluted (in shares) | 22,053,966 | 20,719,663 | 16,937,125 |
| Earnings per common share | |||
| Earnings per share, basic (in USD per share) | $ 4.94 | $ 4.37 | $ 2.37 |
| Earnings per share, diluted (in USD per share) | $ 4.92 | $ 4.37 | $ 2.37 |
MGPI Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current Assets | ||
| Cash and cash equivalents | $ 47,889 | $ 21,568 |
| Receivables (less allowance for credit loss of $1,475 and $150 at December 31, 2022 and 2021, respectively) | 109,267 | 92,537 |
| Inventory | 289,722 | 245,944 |
| Prepaid expenses | 2,957 | 1,510 |
| Refundable income taxes | 4,327 | 5,539 |
| Total current assets | 454,162 | 367,098 |
| Property, plant, and equipment, net | 235,632 | 207,286 |
| Operating lease right-of-use assets, net | 15,042 | 9,671 |
| Investment in joint venture | 5,534 | 4,944 |
| Intangible assets, net | 216,768 | 218,838 |
| Goodwill | 226,294 | 226,294 |
| Other assets | 4,779 | 7,336 |
| Total assets | 1,158,211 | 1,041,467 |
| Current Liabilities | ||
| Current maturities of long-term debt | 5,600 | 3,227 |
| Accounts payable | 66,432 | 53,712 |
| Federal and state excise taxes payable | 4,627 | 6,992 |
| Accrued expenses and other | 28,716 | 24,869 |
| Total current liabilities | 105,375 | 88,800 |
| Long-term debt, less current maturities | 29,510 | 35,266 |
| Convertible senior notes | 195,225 | 194,906 |
| Long-term operating lease liabilities | 11,622 | 6,997 |
| Other noncurrent liabilities | 3,723 | 5,132 |
| Deferred income taxes | 67,112 | 66,101 |
| Total liabilities | 412,567 | 397,202 |
| Commitments and Contingencies – Note 10 | ||
| 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, 2022 and 2021; 21,994,042 and 21,964,314 shares outstanding at December 31, 2022 and 2021, respectively | 6,715 | 6,715 |
| Additional paid-in capital | 318,839 | 315,802 |
| Retained earnings | 443,061 | 344,237 |
| Accumulated other comprehensive income | (304) | 354 |
| Treasury stock, at cost, 1,131,124 and 1,160,852 shares at December 31, 2022 and 2021, respectively | (21,591) | (22,357) |
| Total MGP Ingredients, Inc. stockholders equity | 746,724 | 644,755 |
| Noncontrolling interest | (1,080) | (490) |
| Total equity | 745,644 | 644,265 |
| Total liabilities and equity | $ 1,158,211 | $ 1,041,467 |
| Common stock, issued (in shares) | 23,125,166 | 23,125,166 |