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MGP Ingredients NasdaqGS:MGPI Stock Report

Last Price

US$83.79

Market Cap

US$1.8b

7D

1.9%

1Y

-15.9%

Updated

09 May, 2024

Data

Company Financials +

MGP Ingredients, Inc.

NasdaqGS:MGPI Stock Report

Market Cap: US$1.8b

MGPI Stock Overview

MGP Ingredients, Inc., together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally.

MGPI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance1/6
Financial Health5/6
Dividends0/6

MGP Ingredients, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MGP Ingredients
Historical stock prices
Current Share PriceUS$83.79
52 Week HighUS$124.96
52 Week LowUS$75.78
Beta0.74
1 Month Change2.60%
3 Month Change-1.93%
1 Year Change-15.90%
3 Year Change32.98%
5 Year Change27.96%
Change since IPO1,561.95%

Recent News & Updates

Recent updates

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

Feb 07

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

Jan 05
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

Dec 18
MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark

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

Nov 30
Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

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

May 23
Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?

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

May 07
Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?

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

Mar 09
What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?

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

Jan 15
Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?

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

Dec 04
Here's Why We Think MGP Ingredients (NASDAQ:MGPI) Is Well Worth Watching

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

Oct 24
Is There Now An Opportunity In MGP Ingredients, Inc. (NASDAQ:MGPI)?

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

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

Sep 27
Are Investors Undervaluing MGP Ingredients, Inc. (NASDAQ:MGPI) By 50%?

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

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

Jul 18
Is It Too Late To Consider Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

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

Jul 04
These 4 Measures Indicate That MGP Ingredients (NASDAQ:MGPI) Is Using Debt Reasonably Well

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

Jun 10
Calculating The Fair Value Of MGP Ingredients, Inc. (NASDAQ:MGPI)

Shareholder Returns

MGPIUS BeverageUS Market
7D1.9%2.0%2.7%
1Y-15.9%-2.6%26.0%

Return vs Industry: MGPI underperformed the US Beverage industry which returned -2.9% over the past year.

Return vs Market: MGPI underperformed the US Market which returned 25% over the past year.

Price Volatility

Is MGPI's price volatile compared to industry and market?
MGPI volatility
MGPI Average Weekly Movement6.4%
Beverage Industry Average Movement6.1%
Market Average Movement6.1%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: MGPI has not had significant price volatility in the past 3 months.

Volatility Over Time: MGPI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1941705David Bratcherwww.mgpingredients.com

MGP Ingredients, Inc., together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions. The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon, rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in food products, personal care products, cleaning solutions, pharmaceuticals, and various other products.

MGP Ingredients, Inc. Fundamentals Summary

How do MGP Ingredients's earnings and revenue compare to its market cap?
MGPI fundamental statistics
Market capUS$1.81b
Earnings (TTM)US$96.04m
Revenue (TTM)US$806.08m

19.2x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGPI income statement (TTM)
RevenueUS$806.08m
Cost of RevenueUS$508.39m
Gross ProfitUS$297.68m
Other ExpensesUS$201.65m
EarningsUS$96.04m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.36
Gross Margin36.93%
Net Profit Margin11.91%
Debt/Equity Ratio34.8%

How did MGPI perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

11%

Payout Ratio

Does MGPI pay a reliable dividends?

See MGPI dividend history and benchmarks
When do you need to buy MGPI by to receive an upcoming dividend?
MGP Ingredients dividend dates
Ex Dividend DateMay 16 2024
Dividend Pay DateMay 31 2024
Days until Ex dividend6 days
Days until Dividend pay date21 days

Does MGPI pay a reliable dividends?

See MGPI dividend history and benchmarks
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