MGP Ingredients Future Growth

Future criteria checks 3/6

MGP Ingredients's revenue is forecast to decline at 0.5% per annum while its annual earnings are expected to grow at 25.4% per year. EPS is expected to grow by 24.4% per annum.

Key information

25.4%

Earnings growth rate

24.4%

EPS growth rate

Beverage earnings growth	8.9%
Revenue growth rate	-0.5%
Future return on equity	n/a
Analyst coverage	Good
Last updated	30 Apr 2024

Recent future growth updates

Recent updates

Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?

May 07

What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?

Mar 09

Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?

Jan 15

Here's Why We Think MGP Ingredients (NASDAQ:MGPI) Is Well Worth Watching

Dec 04

Is There Now An Opportunity In MGP Ingredients, Inc. (NASDAQ:MGPI)?

Oct 24

MGP Ingredients drops 3% after new short report from Spruce Point

Oct 12

MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly

Oct 11

Are Investors Undervaluing MGP Ingredients, Inc. (NASDAQ:MGPI) By 50%?

Sep 27

MGP Ingredients: Can The Stock Continue Its Big Move Higher?

Aug 17

MGP Ingredients Q2 2022 Earnings Preview

Aug 03

Here's Why We Think MGP Ingredients (NASDAQ:MGPI) Might Deserve Your Attention Today

Aug 01

Is It Too Late To Consider Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

Jul 18

These 4 Measures Indicate That MGP Ingredients (NASDAQ:MGPI) Is Using Debt Reasonably Well

Jul 04

Calculating The Fair Value Of MGP Ingredients, Inc. (NASDAQ:MGPI)

Jun 10

MGP Ingredients: Upside From Here Is Limited

Jun 04

Earnings and Revenue Growth Forecasts

NasdaqGS:MGPI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	795	155	125	135	7
12/31/2024	755	137	106	124	7
3/31/2024	806	96	37	103	N/A
12/31/2023	837	106	29	84	N/A
9/30/2023	813	98	7	65	N/A
6/30/2023	802	109	9	66	N/A
3/31/2023	788	102	21	72	N/A
12/31/2022	782	109	44	89	N/A
9/30/2022	758	118	50	90	N/A
6/30/2022	734	118	37	84	N/A
3/31/2022	714	112	48	94	N/A
12/31/2021	627	91	41	88	N/A
9/30/2021	561	71	51	95	N/A
6/30/2021	487	57	67	95	N/A
3/31/2021	405	46	44	70	N/A
12/31/2020	396	40	34	53	N/A
9/30/2020	387	41	17	37	N/A
6/30/2020	375	39	2	23	N/A
3/31/2020	373	39	5	24	N/A
12/31/2019	363	39	3	20	N/A
9/30/2019	375	37	22	44	N/A
6/30/2019	379	38	11	35	N/A
3/31/2019	377	37	1	29	N/A
12/31/2018	376	37	2	33	N/A
9/30/2018	359	37	-8	19	N/A
6/30/2018	351	42	0	24	N/A
3/31/2018	348	41	14	35	N/A
12/31/2017	347	41	N/A	33	N/A
9/30/2017	340	36	N/A	34	N/A
6/30/2017	334	32	N/A	30	N/A
3/31/2017	329	32	N/A	20	N/A
12/31/2016	318	30	N/A	20	N/A
9/30/2016	319	28	N/A	8	N/A
6/30/2016	319	26	N/A	10	N/A
3/31/2016	324	27	N/A	11	N/A
12/31/2015	328	25	N/A	19	N/A
9/30/2015	322	26	N/A	20	N/A
6/30/2015	320	26	N/A	22	N/A
3/31/2015	315	23	N/A	23	N/A
12/31/2014	313	23	N/A	16	N/A
9/30/2014	314	16	N/A	22	N/A
6/30/2014	317	3	N/A	18	N/A
3/31/2014	316	-1	N/A	14	N/A
12/31/2013	323	-6	N/A	17	N/A
9/30/2013	332	-6	N/A	6	N/A
6/30/2013	328	1	N/A	4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MGPI's forecast earnings growth (25.4% per year) is above the savings rate (2.4%).

Earnings vs Market: MGPI's earnings (25.4% per year) are forecast to grow faster than the US market (14% per year).

High Growth Earnings: MGPI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MGPI's revenue is expected to decline over the next 3 years (-0.5% per year).

High Growth Revenue: MGPI's revenue is forecast to decline over the next 3 years (-0.5% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MGPI's Return on Equity is forecast to be high in 3 years time

MGP Ingredients Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

MGP Ingredients, Inc. Reiterates Earnings Guidance for the Year 2024

Price target decreased by 12% to US$115

MGP Ingredients, Inc. Provides Earnings Guidance for the Year 2024

MGP Ingredients, Inc. Provides Sales Guidance for the Year 2023

Price target increased by 8.1% to US$137

Mgp Ingredients, Inc. Provides Revenue Guidance for 2023

Recent updates

New minor risk - Earnings quality

First quarter 2024 earnings: EPS misses analyst expectations

MGP Ingredients, Inc. Reiterates Earnings Guidance for the Year 2024

Independent Chairperson notifies of intention to sell stock

MGP Ingredients, Inc. Announces Resignation of Curtis C. Landherr as Chief Legal Officer and Corporate Secretary, Effective May 31, 2024

MGP Ingredients, Inc. to Report Q1, 2024 Results on May 02, 2024

Independent Chairperson notifies of intention to sell stock

Upcoming dividend of US$0.12 per share

Independent Chairperson notifies of intention to sell stock

Independent Chairperson notifies of intention to sell stock

MGP Ingredients, Inc. (NasdaqGS:MGPI) announces an Equity Buyback for $100 million worth of its shares.

Price target decreased by 12% to US$115

Fourth quarter dividend of US$0.12 announced

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

MGP Ingredients, Inc. Provides Earnings Guidance for the Year 2024

MGP Ingredients, Inc. Declares Quarterly Dividend, Payable on March 29, 2024

MGP Ingredients, Inc. to Report Q4, 2023 Results on Feb 22, 2024

MGP Ingredients: Tax Tariff Extension And Move Away From White Goods

Independent Chairperson notifies of intention to sell stock

Independent Chairperson notifies of intention to sell stock

MGP Ingredients, Inc. Announces Promotion of Amel Pasagic to Chief Commercial Officer

We Think MGP Ingredients (NASDAQ:MGPI) Can Stay On Top Of Its Debt

MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark

MGP Ingredients, Inc Appoints David Bratcher as Group B Member of the Board of Directors, Effective January 1, 2024

Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

Upcoming dividend of US$0.12 per share at 0.5% yield

MGP Ingredients, Inc. Provides Sales Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$0.59 (vs US$1.07 in 3Q 2022)

MGP Ingredients, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Price target increased by 8.1% to US$137

High number of new directors

Mgp Ingredients, Inc. Provides Revenue Guidance for 2023

MGP Ingredients, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Mgp Ingredients, Inc. Announces the Planned Closure of Its Distillery in Atchison, Kansas, with the Anticipated Closure Date Estimated to Be January 2024

Independent Chairperson notifies of intention to sell stock

Now 21% undervalued

Director recently sold US$809k worth of stock

Director notifies of intention to sell stock

Independent Chairperson notifies of intention to sell stock

Now 21% undervalued after recent price drop

Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?

Upcoming dividend of US$0.12 per share at 0.5% yield

Now 21% undervalued

Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?

Mgp Ingredients, Inc. Provides Sales Guidance for 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued after recent price drop

Now 23% undervalued after recent price drop

What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?

Independent Chairperson recently sold US$523k worth of stock

Upcoming dividend of US$0.12 per share at 0.5% yield

Full year 2022 earnings: EPS exceeds analyst expectations

MGP Ingredients, Inc. to Report Fiscal Year 2022 Results on Feb 23, 2023

Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?

Independent Chairperson notifies of intention to sell stock

Here's Why We Think MGP Ingredients (NASDAQ:MGPI) Is Well Worth Watching

High number of new and inexperienced directors

Independent Chairperson notifies of intention to sell stock

Upcoming dividend of US$0.12 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

MGP Ingredients, Inc. Revises Consolidated Earnings Guidance for the Fiscal Year 2022

Is There Now An Opportunity In MGP Ingredients, Inc. (NASDAQ:MGPI)?

MGP Ingredients, Inc. to Report Q3, 2022 Results on Nov 03, 2022

MGP Ingredients drops 3% after new short report from Spruce Point

MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly

Independent Chairperson notifies of intention to sell stock

MGP Ingredients, Inc. Appoints Terri Roberts as Its Foodservice Sales Director

Are Investors Undervaluing MGP Ingredients, Inc. (NASDAQ:MGPI) By 50%?

MGP Ingredients, Inc. Announces the Launch of Proterra Crumbles