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MGP Ingredients Inc Stock Research

MGPI

102.42USD-1.24(-1.20%)Market Closed
Watchlist

Market Summary

USD102.42-1.24
Market Closed
-1.20%

MGPI Alerts

  • 4 major insider sales recently.

MGPI Stock Price

MGPI RSI Chart

MGPI Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

20.88

Price/Sales (Trailing)

2.84

EV/EBITDA

13.83

Price/Free Cashflow

259.85

MGPI Price/Sales (Trailing)

MGPI Profitability

EBT Margin

16.79%

Return on Equity

13.2%

Return on Assets

8.66%

Free Cashflow Yield

0.38%

MGPI Fundamentals

MGPI Revenue

Revenue (TTM)

802.2M

Revenue Y/Y

7.19%

Revenue Q/Q

3.98%

MGPI Earnings

Earnings (TTM)

109.3M

Earnings Y/Y

25.69%

Earnings Q/Q

3.53%

Price Action

52 Week Range

90.69125.74
(Low)(High)

Last 7 days

1.7%

Last 30 days

-13.1%

Last 90 days

-3.4%

Trailing 12 Months

-2.3%

MGPI Financial Health

Current Ratio

4.65

MGPI Investor Care

Dividend Yield

0.46%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

0.05%

Diluted EPS (TTM)

4.9

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for MGPI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold MGPI recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 44

Latest Funds Activity

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

Schedule 13G FIlings of MGP Ingredients

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of MGP Ingredients

View All Filings
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

MGPI Fair Value

Loading...

Peers (Alternatives to MGP Ingredients)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
240.0B
44.1B
-6.46% 0.50%
22.83
5.44
6.82% 9.81%
233.1B
90.1B
-3.51% 3.62%
29.51
2.59
10.11% -14.47%
55.0B
6.7B
-7.09% 20.84%
38.34
8.23
11.34% 17.07%
47.8B
20.3B
-5.54% -17.74%
16.42
2.47
5.79% -15.62%
43.6B
14.6B
-6.97% -12.87%
27.2
2.99
9.75% -26.33%
13.5B
13.3B
-0.48% 30.46%
332.08
1.02
4.18% -94.42%
MID-CAP
13.4B
952.0M
-10.41% 91.88%
-121.19
14.05
95.66% -699.65%
4.8B
2.2B
7.13% 21.65%
74.37
2.21
4.84% 210.43%
2.3B
802.2M
-13.13% -2.35%
20.88
2.84
9.33% -7.58%
SMALL-CAP
5.1B
1.2B
-3.33% 22.94%
35.58
4.31
3.03% 11.55%
8.6M
48.3M
3480.11% 988.71%
-0.44
0.17
-7.28% 7.01%
3.5M
63.8M
-47.96% 3.47%
-0.13
0.05
16.44% 30.77%
2.9M
36.4M
-19.61% -75.33%
-0.18
0.08
13.44% -36.80%

MGP Ingredients News

Nasdaq
TreeHouse (THS) Divests Lakeville Facility, Snack Bar Business.
Nasdaq,
6 hours ago

Returns for MGPI

Cumulative Returns on MGPI

36.3%


10-Year Cumulative Returns

15.1%


7-Year Cumulative Returns

7.2%


5-Year Cumulative Returns

35.5%


3-Year Cumulative Returns

Risks for MGPI

What is the probability of a big loss on MGPI?

78.5%


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

Financials for MGP Ingredients

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.8%802788782758734714627561487405396387375373363375379377376359351
Gross Profit6.8%26825125324324123819917814410899.0089.0084.0083.0077.0081.0081.0081.0084.0078.0077.00
  S&GA Expenses7.2%85.0079.0075.0070.0070.0078.0073.0071.0061.0044.0042.0032.0030.0030.0029.0033.0033.0033.0033.0033.0034.00
EBITDA-100.0%-153162177177175144--75.0068.0068.0065.0064.0059.0059.0059.00----
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------------2.002.002.001.001.001.001.001.001.001.00
Earnings Before Taxes7.6%14213214015615615012193.0075.0060.0053.0053.0051.0051.0046.0046.0047.0047.0049.0043.0053.00
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 Income6.4%10910310911811811391.0071.0057.0046.0040.0042.0039.0039.0039.0038.0038.0038.0037.0038.0043.00
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%-21.0044.0050.0037.0048.0041.0051.0067.0044.0034.0017.002.005.003.00------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets17.8%1,3951,1841,1581,1321,1071,0771,0411,0171,014381367362357382323307299290278274260
  Current Assets9.6%521475454441423395367352354230222221217242184176169160155161149
    Cash Equivalents-30.8%22.0032.0048.0051.0037.0027.0022.0016.0037.0023.0022.0020.0012.0043.003.004.002.00-5.00-2.00
  Net PPE4.0%251241236221212207207197190139132130129129128122120120121110109
  Goodwill43.9%3262262262262262262262282282243.00----------
Liabilities44.0%58840841340840439739740342110310411011414792.0088.0086.0085.0076.0083.0078.00
  Current Liabilities16.0%11910210510193.0084.0089.0086.0083.0055.0053.0044.0039.0041.0039.0035.0032.0030.0037.0032.0032.00
  Long Term Debt----------------41.0041.0021.0021.0021.0021.00
    LT Debt, Non Current---30.00---35.0036.0037.0037.0038.0040.0040.0041.0041.00---21.00--
Shareholder's Equity4.2%808776747725703679644615594279263252243236231219212205201190182
  Retained Earnings6.2%501471443423402379344315294276263253245239231220213207199188181
  Additional Paid-In Capital0.4%32232131931831731731631631518.0016.0015.0015.0014.0014.0014.0013.0013.0015.0015.0014.00
Accumulated Depreciation2.1%225220215210206226197194189185182194192188186183180177175172170
Shares Outstanding0.0%22.0022.0022.0022.0022.0022.0022.0022.0022.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.0017.00
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)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-7.9%66.0072.0089.0090.0084.0094.0088.0095.0095.0070.0053.0037.0023.0024.0020.0044.0035.0029.0033.0019.0024.00
  Share Based Compensation31.1%7.005.006.003.003.004.006.006.006.005.003.003.003.003.003.003.003.003.003.003.003.00
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 Financing654.5%82.00-14.85-14.76-29.90-51.7293.0094.0095.00108-64.98-15.251.0010.0040.00-3.51-16.10-10.08-1.02-0.491.00-27.85
  Dividend Payments0.1%11.0011.0011.0011.0011.0011.0010.009.009.008.008.008.008.007.007.007.006.006.006.005.0019.00
  Buy Backs-0.2%1.001.001.001.001.001.001.001.001.001.004.006.009.0018.005.00---2.00--

MGPI Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended6 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 sales132,706135,758263,892259,172
Gross profit76,29559,224146,119131,045
Advertising and promotion expenses8,6396,06516,37211,569
Selling, general, and administrative expenses23,51317,85344,04534,090
Operating income44,14335,30685,70285,386
Interest expense, net(1,282)(1,543)(2,277)(3,141)
Other income (expense), net(93)(1,062)30(1,008)
Income before income taxes42,76832,70183,45581,237
Income tax expense10,8047,33920,45918,504
Net income31,96425,36262,99662,733
Net loss attributable to noncontrolling interest162198201264
Net income attributable to MGP Ingredients, Inc.32,12625,56063,19762,997
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, basic31,80225,34362,56462,462
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)22,062,14222,002,38522,051,24421,995,779
Diluted (in shares)22,139,66322,002,38522,106,11321,995,779
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

MGPI Balance Sheet

2023-06-30
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)147,570109,267
Inventory343,826289,722
Prepaid expenses5,1772,957
Refundable income taxes2,3174,327
Total current assets520,849454,162
Property, plant, and equipment475,472450,800
Less accumulated depreciation and amortization(224,823)(215,168)
Property, plant, and equipment, net250,649235,632
Operating lease right-of-use assets, net17,12215,042
Investment in joint ventures4,9555,534
Intangible assets, net271,440216,768
Goodwill325,713226,294
Other assets4,4014,779
Total assets1,395,1291,158,211
Current Liabilities  
Current maturities of long-term debt6,4005,600
Accounts payable84,92166,432
Federal and state excise taxes payable5,9464,627
Accrued expenses and other21,38428,716
Total current liabilities118,651105,375
Long-term debt, less current maturities123,31929,510
Convertible senior notes195,385195,225
Long-term operating lease liabilities13,56811,622
Contingent consideration63,9000
Other noncurrent liabilities3,9433,723
Deferred income taxes69,24167,112
Total liabilities588,007412,567
Commitments and Contingencies (Note 8)
Capital stock  
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares44
Common stock  
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at June 30, 2023 and December 31, 2022; and 22,014,374 and 21,994,042 shares outstanding at June 30, 2023 and December 31, 2022, respectively6,7156,715
Additional paid-in capital322,267318,839
Retained earnings500,933443,061
Accumulated other comprehensive income (loss)(169)(304)
Treasury stock, at cost, 1,110,792 and 1,131,124 shares at June 30, 2023 and December 31, 2022, respectively(21,347)(21,591)
Total MGP Ingredients, Inc. stockholders’ equity808,403746,724
Noncontrolling interest(1,281)(1,080)
Total equity807,122745,644
Total liabilities and equity$ 1,395,129$ 1,158,211
David J. Colo
670
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.