NASDAQ:MGPI - MGP Ingredients Stock Price, News, & Analysis

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$75.07 -0.34 (-0.45 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$75.07
Today's Range$74.36 - $76.82
52-Week Range$55.04 - $99.73
Volume130,692 shs
Average Volume192,798 shs
Market Capitalization$1.30 billion
P/E Ratio40.14
Dividend Yield0.43%
Beta1.1
MGP Ingredients logoMGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates in two segments, Distillery Products 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 distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil; and warehouse services, including barrel put away, storage, and retrieval services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the trademarks Fibersym Resistant Starch series, FiberRite RW Resistant Starch, Pregel Instant Starch series, and Midsol Cook-up Starch series; and specialty wheat proteins, commodity wheat starch, and commodity wheat proteins. The company sells its products directly or through distributors to the manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, Japan, Thailand, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Beer, wine, & distilled alcoholic beverages
Sub-IndustryN/A
SectorConsumer Staples
SymbolNASDAQ:MGPI
CUSIPN/A
Phone913-367-1480

Debt

Debt-to-Equity Ratio0.22
Current Ratio4.70
Quick Ratio1.34

Price-To-Earnings

Trailing P/E Ratio40.14
Forward P/E Ratio35.75
P/E Growth2.45

Sales & Book Value

Annual Sales$347.45 million
Price / Sales3.64
Cash Flow$2.4743 per share
Price / Cash30.34
Book Value$10.09 per share
Price / Book7.44

Profitability

EPS (Most Recent Fiscal Year)$1.87
Net Income$41.82 million
Net Margins12.13%
Return on Equity18.65%
Return on Assets13.06%

Miscellaneous

Employees317
Outstanding Shares16,850,000
Market Cap$1.30 billion

MGP Ingredients (NASDAQ:MGPI) Frequently Asked Questions

What is MGP Ingredients' stock symbol?

MGP Ingredients trades on the NASDAQ under the ticker symbol "MGPI."

How often does MGP Ingredients pay dividends? What is the dividend yield for MGP Ingredients?

MGP Ingredients announced a quarterly dividend on Thursday, August 2nd. Shareholders of record on Thursday, August 16th will be given a dividend of $0.08 per share on Friday, August 31st. This represents a $0.32 annualized dividend and a yield of 0.43%. The ex-dividend date of this dividend is Wednesday, August 15th. View MGP Ingredients' Dividend History.

How were MGP Ingredients' earnings last quarter?

MGP Ingredients Inc (NASDAQ:MGPI) posted its quarterly earnings results on Thursday, August, 2nd. The company reported $0.44 EPS for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.03. The company earned $88.25 million during the quarter, compared to analysts' expectations of $90.65 million. MGP Ingredients had a net margin of 12.13% and a return on equity of 18.65%. The company's revenue was up 2.9% compared to the same quarter last year. During the same period last year, the business posted $0.37 EPS. View MGP Ingredients' Earnings History.

When is MGP Ingredients' next earnings date?

MGP Ingredients is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for MGP Ingredients.

What price target have analysts set for MGPI?

4 brokerages have issued 1-year price objectives for MGP Ingredients' shares. Their predictions range from $73.00 to $105.00. On average, they expect MGP Ingredients' share price to reach $89.00 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for MGP Ingredients.

What is the consensus analysts' recommendation for MGP Ingredients?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGP Ingredients in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MGP Ingredients.

Who are some of MGP Ingredients' key competitors?

Who are MGP Ingredients' key executives?

MGP Ingredients' management team includes the folowing people:
  • Mr. Augustus C. Griffin, CEO, Pres & Director (Age 58)
  • Mr. Thomas K. Pigott, VP of Fin. & CFO (Age 53)
  • Mr. David E. Rindom, VP & Chief Admin. Officer (Age 63)
  • Mr. David E. Dykstra, VP of Alcohol Sales & Marketing (Age 55)
  • Mr. Stephen J. Glaser, VP of Production & Engineering (Age 57)

Has MGP Ingredients been receiving favorable news coverage?

News stories about MGPI stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MGP Ingredients earned a news and rumor sentiment score of 0.12 on Accern's scale. They also gave news coverage about the company an impact score of 45.69 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for MGP Ingredients.

Who are MGP Ingredients' major shareholders?

MGP Ingredients' stock is owned by a number of of institutional and retail investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (25.60%), BlackRock Inc. (10.58%), Conestoga Capital Advisors LLC (4.38%), Dimensional Fund Advisors LP (4.35%), Stephens Investment Management Group LLC (2.47%) and Bank of New York Mellon Corp (1.45%). Company insiders that own MGP Ingredients stock include Anthony P Foglio, Augustus C Griffin, Daryl Schaller, David E Dykstra, David E Rindom, Karen Seaberg, Michael Rodger Buttshaw and Stephen J Glaser. View Institutional Ownership Trends for MGP Ingredients.

Which institutional investors are selling MGP Ingredients stock?

MGPI stock was sold by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc., Conestoga Capital Advisors LLC, Granite Investment Partners LLC, Manatuck Hill Partners LLC, Stephens Investment Management Group LLC, Dimensional Fund Advisors LP, Kornitzer Capital Management Inc. KS and Bank of New York Mellon Corp. Company insiders that have sold MGP Ingredients company stock in the last year include Daryl Schaller, David E Dykstra, David E Rindom, Karen Seaberg, Michael Rodger Buttshaw and Stephen J Glaser. View Insider Buying and Selling for MGP Ingredients.

Which institutional investors are buying MGP Ingredients stock?

MGPI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Jennison Associates LLC, Advisors Asset Management Inc., Segall Bryant & Hamill LLC, DF Dent & Co. Inc., Suffolk Capital Management LLC, Convergence Investment Partners LLC and Tower Research Capital LLC TRC . Company insiders that have bought MGP Ingredients stock in the last two years include Anthony P Foglio, Augustus C Griffin and Stephen J Glaser. View Insider Buying and Selling for MGP Ingredients.

How do I buy shares of MGP Ingredients?

Shares of MGPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is MGP Ingredients' stock price today?

One share of MGPI stock can currently be purchased for approximately $75.07.

How big of a company is MGP Ingredients?

MGP Ingredients has a market capitalization of $1.30 billion and generates $347.45 million in revenue each year. The company earns $41.82 million in net income (profit) each year or $1.87 on an earnings per share basis. MGP Ingredients employs 317 workers across the globe.

How can I contact MGP Ingredients?

MGP Ingredients' mailing address is 100 Commercial Street, ATCHISON KS, 66002. The company can be reached via phone at 913-367-1480 or via email at [email protected]


MarketBeat Community Rating for MGP Ingredients (NASDAQ MGPI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  140 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  287
MarketBeat's community ratings are surveys of what our community members think about MGP Ingredients and other stocks. Vote "Outperform" if you believe MGPI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGPI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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