Grufity logoGrufity logo

MGP Ingredients Inc Stock Research

MGPI

94.56USD+0.04(+0.04%)Market Closed

Market Summary

USD94.56+0.04
Market Closed
0.04%

MGPI Alerts

MGPI Stock Price

MGPI RSI Chart

MGPI Valuation

Market Cap

2.1B

Price/Earnings (Trailing)

19.1

Price/Sales (Trailing)

2.66

EV/EBITDA

12.57

Price/Free Cashflow

47.69

MGPI Price/Sales (Trailing)

MGPI Profitability

EBT Margin

17.92%

Return on Equity

14.58%

Return on Assets

9.4%

Free Cashflow Yield

2.1%

MGPI Fundamentals

MGPI Revenue

Revenue (TTM)

782.4M

Revenue Y/Y

14.47%

Revenue Q/Q

-5.05%

MGPI Earnings

Earnings (TTM)

108.9M

Earnings Y/Y

-28.89%

Earnings Q/Q

-4.73%

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

Current Ratio

4.31

Debt/Equity

0.32

Debt/Cashflow

0.37

MGPI Investor Care

Dividend Yield

0.51%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

0.14%

Diluted EPS (TTM)

4.91

Peers (Alternatives to MGP Ingredients)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
267.5B
43.0B
4.73% 2.36%
28.03
6.22
11.25% -2.34%
243.6B
86.4B
4.91% 8.41%
27.34
2.82
8.70% 16.96%
49.5B
14.1B
1.68% -6.46%
34.45
3.52
10.83% -33.08%
47.8B
19.4B
6.85% 27.76%
16.42
2.47
4.08% 30.06%
27.4B
6.3B
3.16% 31.13%
23.01
4.34
13.89% -13.49%
11.2B
12.8B
-2.06% -4.14%
-63.93
0.87
2.87% -117.43%
MID-CAP
7.0B
653.6M
0.70% 59.97%
-37.29
10.69
107.97% -4902.10%
4.0B
2.2B
1.01% -15.32%
59.91
1.81
1.18% 362.19%
2.1B
782.4M
-6.78% 10.54%
19.1
2.66
24.83% 19.88%
SMALL-CAP
365.3M
50.8M
3480.11% 988.71%
-20.12
7.19
6.92% -22.73%
24.8M
73.3M
-31.40% -81.66%
-0.8
0.34
32.40% 6.88%
5.1M
39.0M
-17.79% 97.98%
-0.44
0.13
30.61% -109.87%
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)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.2%782758734714627
Gross Profit4.3%253243241238199
  S&GA Expenses7.3%75.0070.0070.0078.0073.00
EBITDA-8.8%162177177175-
EBITDA Margin-11.7%0.21*0.23*0.24*0.25*-
Earnings Before Taxes-9.9%140156156150121
EBT Margin-12.7%0.18*0.21*0.21*0.21*-
Net Income-7.8%10911811811391.00
Net Income Margin-10.6%0.14*0.16*0.16*0.16*-
Free Cahsflow-13.4%44.0050.0037.0048.00-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.3%1,1581,1321,1071,0771,041
  Current Assets3.1%454441423395367
    Cash Equivalents-5.5%48.0051.0037.0027.0022.00
  Net PPE6.8%236221212207207
  Goodwill0%226226226226226
Liabilities1.1%413408404397397
  Current Liabilities4.5%10510193.0084.0089.00
    LT Debt, Non Current-16.3%30.0035.00---
Shareholder's Equity3.0%747725703679645
  Retained Earnings4.7%443423402379344
  Additional Paid-In Capital0.4%319318317317316
Accumulated Depreciation2.0%210206226197-
Shares Outstanding0.0%22.0022.0022.0022.0022.00
Minority Interest-15.6%-1.08-0.93-0.75-0.56-0.49
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-0.9%89.0090.0084.0094.0088.00
  Share Based Compensation62.1%6.003.003.004.006.00
Cashflow From Investing-89.6%-47.81-25.22-31.87-181-182
Cashflow From Financing50.6%-14.76-29.90-51.7293.0094.00
  Dividend Payments0.1%11.0011.0011.0011.0010.00
  Buy Backs0.1%1.001.001.001.001.00

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 ascendingFund NameType% 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
-%

1–10 of 45

Latest Funds Activity

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

MGP Ingredients News

MarketBeat

Yousif Capital Management LLC Trims Stock Holdings in MGP ....

MarketBeat,
2 days ago

Marketscreener.com

Lux Row Distillers introduces Rebel 100 Rye.

Marketscreener.com,
14 days ago

Yahoo Finance

GlobeNewswire

Yahoo Finance

Investing.com Canada

Schedule 13G FIlings of MGP Ingredients

Date FiledName of FilerPercent of ClassNo. of SharesForm 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery 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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

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

2022-12-31
CONSOLIDATED 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 sales529,052427,755296,715
Gross profit253,306198,96598,806
Advertising and promotion expenses29,71416,0982,712
Selling, general, and administrative expenses74,62772,82941,853
Insurance recoveries0(16,325)0
Operating income148,965126,36354,241
Interest expense, net(5,451)(4,037)(2,267)
Other income (loss), net(3,342)(1,230)627
Income before income taxes140,172121,09652,601
Income tax expense31,30030,27912,256
Net income108,87290,81740,345
Net loss attributable to noncontrolling interest5904900
Net income attributable to MGP Ingredients, Inc.109,46291,30740,345
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, basic108,59190,59540,084
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)22,002,99020,719,66316,937,125
Weighted average common shares, diluted (in shares)22,053,96620,719,66316,937,125
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

2022-12-31
CONSOLIDATED 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)109,26792,537
Inventory289,722245,944
Prepaid expenses2,9571,510
Refundable income taxes4,3275,539
Total current assets454,162367,098
Property, plant, and equipment, net235,632207,286
Operating lease right-of-use assets, net15,0429,671
Investment in joint venture5,5344,944
Intangible assets, net216,768218,838
Goodwill226,294226,294
Other assets4,7797,336
Total assets1,158,2111,041,467
Current Liabilities  
Current maturities of long-term debt5,6003,227
Accounts payable66,43253,712
Federal and state excise taxes payable4,6276,992
Accrued expenses and other28,71624,869
Total current liabilities105,37588,800
Long-term debt, less current maturities29,51035,266
Convertible senior notes195,225194,906
Long-term operating lease liabilities11,6226,997
Other noncurrent liabilities3,7235,132
Deferred income taxes67,11266,101
Total liabilities412,567397,202
Commitments and Contingencies – Note 10
Capital stock  
Preferred, 5% non-cumulative; $10 par value; authorized 1,000 shares; issued and outstanding 437 shares44
Common stock  
No par value; authorized 40,000,000 shares; issued 23,125,166 shares at December 31, 2022 and 2021; 21,994,042 and 21,964,314 shares outstanding at December 31, 2022 and 2021, respectively6,7156,715
Additional paid-in capital318,839315,802
Retained earnings443,061344,237
Accumulated other comprehensive income(304)354
Treasury stock, at cost, 1,131,124 and 1,160,852 shares at December 31, 2022 and 2021, respectively(21,591)(22,357)
Total MGP Ingredients, Inc. stockholders equity746,724644,755
Noncontrolling interest(1,080)(490)
Total equity745,644644,265
Total liabilities and equity$ 1,158,211$ 1,041,467
Common stock, issued (in shares)23,125,16623,125,166