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MGPI

117.74USD+0.46(+0.39%)Market Closedas of 07 Dec 2022, 09:48 am

MGP Ingredients Inc

Market Summary

USD117.74+0.46Market Closedas of 07 Dec 2022, 09:48 am
0.39%

MGPI Alerts

MGPI Stock Price

RSI Chart

Valuation

Market Cap

2.5B

Price/Earnings

20.85

Price/Sales

3.37

Price/Cashflow

29.48

MarketCap/EBT

15.86

Price/Sales

Profitability

EBT Margin

21.24%

Return on Equity

16.84%

Return on Assets

10.71%

Fundamentals

Revenue

Revenue (TTM)

733.7M

Revenue Y/Y

11.46%

Revenue Q/Q

-0.13%

Earnings

Earnings (TTM)

118.5M

Earnings Y/Y

26.94%

Earnings Q/Q

-31.73%

Price Action

52 Week Range

72.91125.74
(Low)(High)

Last 7 days

-3.3%

Last 30 days

6.2%

Last 90 days

7.2%

Trailing 12 Months

37.9%

Financial Health

Current Ratio

4.53

Debt/Equity

0.32

Debt/Cashflow

0.37

Investor Care

Dividend Yield

0.43%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

0.14%

Diluted EPS (TTM)

5.32

Peers (Alternatives to MGP Ingredients)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
262.8B
42.3B
7.05% 18.11%
26.48
6.21
12.01% 12.62%
251.5B
83.6B
1.59% 10.62%
27.23
3.07
9.08% 19.32%
56.0B
13.6B
1.87% 10.51%
30.68
4.11
9.93% 5.49%
49.3B
6.2B
3.57% 18.35%
40.2
8.2
17.14% -20.72%
48.4B
19.2B
7.99% 36.38%
16.69
2.53
4.74% 24.59%
11.1B
12.9B
4.02% 15.36%
15.15
0.87
6.84% 211.51%
MID-CAP
6.9B
579.9M
32.14% 75.89%
455.58
14.26
136.04% -3037.22%
4.7B
2.1B
-4.15% -26.88%
175.77
2.23
-8.46% -72.88%
4.4B
1.1B
6.83% 2.54%
31.15
3.82
4.94% -20.73%
3.6B
6.0B
-3.60% -16.06%
18.93
0.65
10.87% 39.67%
2.5B
733.7M
6.22% 37.91%
20.85
3.37
50.61% 105.87%
SMALL-CAP
43.3M
67.7M
-38.60% -85.63%
-1.09
0.68
35.66% -40.40%
37.6M
-
-64.26% -94.69%
-6.52
0.11
- -
16.3M
50.8M
-32.41% -74.87%
-0.87
0.31
6.92% -22.73%
6.6M
35.7M
-17.65% 182.83%
-0.56
0.18
26.85% -93.32%

Financials for MGP Ingredients

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue2.8%734714627561487
Gross Profit1.0%241238199178144
  S&GA Expenses-13.9%7082777666
Earnings Before Taxes4.2%1561501219375
Net Income4.8%119113917158
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets2.8%1,1071,0771,0411,0171,014
  Current Assets6.9%423395367352354
    Cash Equivalents37.1%3727221637
  Net PPE2.2%212207207197190
  Goodwill0%226226226228228
Liabilities1.5%404397397403421
  Current Liabilities10.4%9384898683
  Long Term Debt-0.7%228229240244267
    LT Debt, Non Current-2.2%353637--
Shareholder's Equity3.5%704680645615594
  Retained Earnings6.0%402379344315294
  Additional Paid-In Capital0.2%317317316316315
Accumulated Depreciation-8.7%206226221194189
Shares Outstanding0.0%2222222222
Minority Interest-35.6%-0.75-0.56-0.49-0.28-0.08
Float-880----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-10.3%8494889595
  Share Based Compensation-21.1%34666
Cashflow From Investing82.4%-31.87-181.31-182.62-193.30-177.47
Cashflow From Financing-155.7%-51.72939495108
  Dividend Payments0.1%11111099
  Buy Backs-11.0%11111

Risks

What is the probability of a big loss on MGPI?

68.5%


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.

Returns

Cumulative Returns on MGPI

43.6%


10-Year Cumulative Returns

27.6%


7-Year Cumulative Returns

10.3%


5-Year Cumulative Returns

37.2%


3-Year Cumulative Returns

What are the long-term rolling returns for MGPI?

FIve years rolling returns for MGP Ingredients.

Which funds bought or sold MGPI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
SOLD OFF
-100
-212,000
-
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
268,000
268,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
412,000
412,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.14
66,000
1,794,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
511.29
520,000
615,000
-%
2022-11-15
Aristides Capital LLC
ADDED
79.58
559,000
1,177,000
0.89%
2022-11-15
SeaCrest Wealth Management, LLC
SOLD OFF
-100
-109,000
-
-%
2022-11-15
Truvestments Capital LLC
ADDED
3.02
6,000
62,000
0.04%
2022-11-15
STATE STREET CORP
ADDED
10.62
7,733,000
52,367,000
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
11.45
279,000
1,815,000
-%

1–10 of 47

Latest Funds Activity

Are funds buying MGPI calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own MGPI

MGP Ingredients News

Nasdaq

Validea Peter Lynch Strategy Daily Upgrade Report - 12/6/2022.28 hours ago

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 ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

76.03

-35.43%

107.05

-9.08%

137.02

16.38%

166.86

41.72%

238.28

102.38%

Current Inflation

70.66

-39.99%

97.20

-17.45%

122.43

3.98%

147.91

25.62%

208.47

77.06%

Very High Inflation

63.98

-45.66%

85.33

-27.53%

105.21

-10.64%

125.71

6.77%

173.97

47.76%

Historical MGP Ingredients Fair Value Estimates


Recent SEC filings of MGP Ingredients

View All Filings
Date Filed Form Type Document
Nov 30, 2022
4
Insider Trading
Nov 30, 2022
4
Insider Trading
Nov 03, 2022
10-Q
Quarterly Report
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
4
Insider Trading
Oct 19, 2022
4
Insider Trading
Oct 19, 2022
3
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading

Latest Insider Trading transactions for MGPI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-02
Lux Donn S.
BOUGHT
700,287
85.4947
8,191
-
2022-12-01
Mingus Lori L.S.
SOLD
-24,642.4
124.456
-198
-
2022-12-01
Seaberg Karen
SOLD
-24,642.4
124.456
-198
-
2022-12-01
Seaberg Karen
SOLD
-74,922.8
124.456
-602
-
2022-11-29
Seaberg Karen
GIFTED
-
-
-1,408
-
2022-11-29
Seaberg Karen
GIFTED
-
-
-59,188
-
2022-11-29
Mingus Lori L.S.
GIFTED
-
-
128
-
2022-11-02
Seaberg Karen
SOLD
-102,452
106.832
-959
-
2022-11-01
Seaberg Karen
SOLD
-9,968.49
108.353
-92
-

1–10 of 50

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.

MGPI Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Sales$ 201,146$ 176,611$ 591,363$ 459,873
Cost of sales142,098119,525401,270313,661
Gross profit59,04857,086190,093146,212
Advertising and promotion expenses7,2795,66418,8489,888
Selling, general and administrative expenses17,90418,52752,02955,266
Other operating (income) expense, net111(34)11
Operating income33,86432,884119,25081,047
Interest expense, net(1,350)(1,116)(4,491)(2,708)
Other income (expense), net(1,353)(421)(2,361)(479)
Income before income taxes31,16131,347112,39877,860
Income tax expense7,5337,67426,03718,701
Net income23,62823,67386,36159,159
Net (income) loss attributable to noncontrolling interest180203444279
Net income attributable to MGP Ingredients, Inc.23,80823,87686,80559,438
Income attributable to participating securities, basic(188)(175)(688)(471)
Income attributable to participating securities, diluted(188)(175)(688)(471)
Net income used in Earnings Per Common Share calculation, basic23,62023,70186,11758,967
Net income used in Earnings Per Common Share calculation, diluted$ 23,620$ 23,701$ 86,117$ 58,967
Share information:    
Basic weighted average common shares (in shares)22,008,38121,981,20122,000,02620,293,818
Diluted weighted average common shares (in shares)22,228,81421,981,20122,000,02620,293,818
Basic Earnings Per Common Share (in dollars per share)$ 1.07$ 1.08$ 3.91$ 2.91
Diluted Earnings Per Common Share (in dollars per share)$ 1.06$ 1.08$ 3.91$ 2.91

MGPI Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 50,674$ 21,568
Receivables (less allowance for credit loss, $175 and $150 at September 30, 2022, and December 31, 2021, respectively)107,65392,537
Inventory275,478245,944
Prepaid expenses5,8331,510
Refundable income taxes1,0065,539
Total current assets440,644367,098
Property, plant, and equipment430,945404,149
Less accumulated depreciation and amortization(210,254)(196,863)
Property, plant, and equipment, net220,691207,286
Operating lease right-of-use assets, net14,5169,671
Investment in joint ventures6,1404,944
Intangible assets, net217,285218,838
Goodwill226,294226,294
Other assets6,5057,336
Total assets1,132,0751,041,467
Current Liabilities  
Current maturities of long-term debt4,8003,227
Accounts payable64,85853,712
Federal and state excise taxes payable4,7136,992
Accrued expenses and other26,42024,869
Total current liabilities100,79188,800
Long-term debt, less current maturities31,10535,266
Convertible senior notes195,146194,906
Long-term operating lease liabilities11,3276,997
Other noncurrent liabilities4,0475,132
Deferred income taxes65,79966,101
Total liabilities408,215397,202
Commitments and Contingencies (Note 8)
Capital stock  
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares44
Common stock  
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at September 30, 2022 and December 31, 2021; and 21,993,355 and 21,964,314 shares outstanding at September 30, 2022 and December 31, 2021, respectively6,7156,715
Additional paid-in capital317,541315,802
Retained earnings423,063344,237
Accumulated other comprehensive income(864)354
Treasury stock, at cost, 1,131,811 and 1,160,852 shares at September 30, 2022 and December 31, 2021, respectively(21,665)(22,357)
Total MGP Ingredients, Inc. stockholders’ equity724,794644,755
Noncontrolling interest(934)(490)
Total equity723,860644,265
Total liabilities and equity$ 1,132,075$ 1,041,467