MGP Ingredients Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $109.56
- Today's High:
- $111.2
- Open Price:
- $110.17
- 52W Low:
- $90.4875
- 52W High:
- $125.3106
- Prev. Close:
- $110.81
- Volume:
- 70829
Company Statistics
- Market Cap.:
- $2.44 billion
- Book Value:
- 36.721
- Revenue TTM:
- $802.15 million
- Operating Margin TTM:
- 18.61%
- Gross Profit TTM:
- $253.31 million
- Profit Margin:
- 13.67%
- Return on Assets TTM:
- 7.46%
- Return on Equity TTM:
- 14.45%
Company Profile
MGP Ingredients Inc had its IPO on 1988-10-20 under the ticker symbol MGPI.
The company operates in the Consumer Defensive sector and Beverages-Wineries & Distilleries industry. MGP Ingredients Inc has a staff strength of 690 employees.
Stock update
Shares of MGP Ingredients Inc opened at $110.17 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $109.56 - $111.2, and closed at $109.7.
This is a -1% slip from the previous day's closing price.
A total volume of 70,829 shares were traded at the close of the day’s session.
In the last one week, shares of MGP Ingredients Inc have slipped by -8.07%.
MGP Ingredients Inc's Key Ratios
MGP Ingredients Inc has a market cap of $2.44 billion, indicating a price to book ratio of 3.544 and a price to sales ratio of 3.2381.
In the last 12-months MGP Ingredients Inc’s revenue was $802.15 million with a gross profit of $253.31 million and an EBITDA of $170.30 million. The EBITDA ratio measures MGP Ingredients Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, MGP Ingredients Inc’s operating margin was 18.61% while its return on assets stood at 7.46% with a return of equity of 14.45%.
In Q2, MGP Ingredients Inc’s quarterly earnings growth was a positive 25.2% while revenue growth was a positive 7.2%.
MGP Ingredients Inc’s PE and PEG Ratio
- Forward PE
- 22.2222
- Trailing PE
- 22.5682
- PEG
- 2.2246
Its diluted EPS in the last 12-months stands at $4.91 per share while it has a forward price to earnings multiple of 22.2222 and a PEG multiple of 2.2246. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into MGP Ingredients Inc’s profitability.
MGP Ingredients Inc stock is trading at a EV to sales ratio of 3.6407 and a EV to EBITDA ratio of 15.073. Its price to sales ratio in the trailing 12-months stood at 3.2381.
MGP Ingredients Inc stock pays annual dividends of $0.48 per share, indicating a yield of 0.42% and a payout ratio of 9.8%.
Balance sheet and cash flow metrics
- Total Assets
- $1.40 billion
- Total Liabilities
- $118.65 million
- Operating Cash Flow
- $-118644000.00
- Capital Expenditure
- $13.82 million
- Dividend Payout Ratio
- 9.8%
MGP Ingredients Inc ended 2024 with $1.40 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.40 billion while shareholder equity stood at $807.12 million.
MGP Ingredients Inc ended 2024 with $0 in deferred long-term liabilities, $118.65 million in other current liabilities, 6715000.00 in common stock, $500.93 million in retained earnings and $325.71 million in goodwill. Its cash balance stood at $21.96 million and cash and short-term investments were $21.96 million. The company’s total short-term debt was $6,400,000 while long-term debt stood at $318.70 million.
MGP Ingredients Inc’s total current assets stands at $520.85 million while long-term investments were $4.96 million and short-term investments were $0. Its net receivables were $149.89 million compared to accounts payable of $84.92 million and inventory worth $343.83 million.
In 2024, MGP Ingredients Inc's operating cash flow was $-118644000.00 while its capital expenditure stood at $13.82 million.
Comparatively, MGP Ingredients Inc paid $0.10 in dividends in 2024.
Other key metrics
- Current Trading Price
- $109.7
- 52-Week High
- $125.3106
- 52-Week Low
- $90.4875
- Analyst Target Price
- $137.14
MGP Ingredients Inc stock is currently trading at $109.7 per share. It touched a 52-week high of $125.3106 and a 52-week low of $125.3106. Analysts tracking the stock have a 12-month average target price of $137.14.
Its 50-day moving average was $115.4 and 200-day moving average was $104.91 The short ratio stood at 25.84 indicating a short percent outstanding of 0%.
Around 3771.9% of the company’s stock are held by insiders while 6559% are held by institutions.
Frequently Asked Questions About MGP Ingredients Inc
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About
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients in the United States and internationally. It 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 and rye, whiskeys, as well as grain neutral spirits, include 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, include barrel put away, storage, and retrieval, as well as blending services. The Branded Spirits segment provides ultra-premium, super premium, premium, mid, and value branded distilled spirits. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch series, 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. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.