Mgp Ingredients Stock Today

MGPI Stock  USD 46.28  0.29  0.63%   

Performance

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Odds Of Distress

Less than 5

 
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MGP Ingredients is trading at 46.28 as of the 30th of November 2024. This is a 0.63 percent increase since the beginning of the trading day. The stock's open price was 45.99. MGP Ingredients has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for MGP Ingredients are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
20th of October 1988
Category
Consumer Defensive
Classification
Consumer Staples
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas. MGP Ingredients operates under BeveragesWineries Distilleries classification in the United States and is traded on NASDAQ Exchange. The company has 21.95 M outstanding shares of which 3.99 M shares are now shorted by private and institutional investors with about 5.69 trading days to cover. More on MGP Ingredients

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MGP Stock Highlights

ESG Sustainability
Environmental
Governance
Social
COO,CEO,President DirectorDavid Bratcher
Business ConcentrationDistillers & Vintners, Beverages - Wineries & Distilleries, Consumer Defensive, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Consumer Staples, Beverages, Beverages—Wineries & Distilleries, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.570.6008
Notably Down
Slightly volatile
Gross Profit Margin0.380.3643
Sufficiently Up
Slightly volatile
Total Current Liabilities119.8 M114.1 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total450.6 M429.2 M
Sufficiently Up
Slightly volatile
Total Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets540 M514.3 M
Sufficiently Up
Slightly volatile
Debt Levels
MGP Ingredients can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MGP Ingredients' financial leverage. It provides some insight into what part of MGP Ingredients' total assets is financed by creditors.
Liquidity
MGP Ingredients currently holds 301.86 M in liabilities with Debt to Equity (D/E) ratio of 0.35, which is about average as compared to similar companies. MGP Ingredients has a current ratio of 4.44, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about MGP Ingredients' use of debt, we should always consider it together with its cash and equity.

Depreciation

13.22 Million
MGP Ingredients (MGPI) is traded on NASDAQ Exchange in USA. It is located in 100 Commercial Street, Atchison, KS, United States, 66002 and employs 705 people. MGP Ingredients is listed under Distillers & Vintners category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.02 B. MGP Ingredients conducts business under Beverages sector and is part of Consumer Staples industry. The entity has 21.95 M outstanding shares of which 3.99 M shares are now shorted by private and institutional investors with about 5.69 trading days to cover. MGP Ingredients currently holds about 37.41 M in cash with 83.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.7.
Check MGP Ingredients Probability Of Bankruptcy
Ownership Allocation
MGP Ingredients maintains a total of 21.95 Million outstanding shares. The majority of MGP Ingredients outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in MGP Ingredients to benefit from reduced commissions. Therefore, institutional holders are subject to a different set of regulations than regular investors in MGP Ingredients. Please pay attention to any change in the institutional holdings of MGP Ingredients as this could imply that something significant has changed or is about to change at the company. Also note that almost three million three hundred thirty-nine thousand ninety-seven invesors are currently shorting MGP Ingredients expressing very little confidence in its future performance.
Check MGP Ownership Details

MGP Stock Institutional Holders

InstituionRecorded OnShares
Clark Capital Management Group Inc2024-09-30
351.3 K
Geode Capital Management, Llc2024-09-30
344.1 K
Zeliff Wallace Jackson Invst Counsel Inc2024-09-30
293.6 K
Bank Of America Corp2024-06-30
283.7 K
American Century Companies Inc2024-09-30
254.6 K
Raymond James Finl Svs Advisors, Inc.2024-09-30
204.4 K
Marshall Wace Asset Management Ltd2024-06-30
204 K
Macquarie Group Ltd2024-06-30
196.7 K
Guggenheim Capital Llc2024-06-30
185.6 K
Blackrock Inc2024-06-30
2.3 M
Champlain Investment Partners, Llc2024-09-30
1.5 M
View MGP Ingredients Diagnostics

MGP Ingredients Historical Income Statement

As of now, MGP Ingredients' Other Operating Expenses is increasing as compared to previous years. The MGP Ingredients' current Operating Income is estimated to increase to about 156 M, while Depreciation And Amortization is projected to decrease to under 13.2 M. View More Fundamentals

MGP Stock Against Markets

MGP Ingredients Corporate Management

Fletcher BuchmanVice MarketingProfile
Amel PasagicChief OfficerProfile
Greg ManisCorporate CommunicationsProfile
Amit CFAVice RelationsProfile
David ColoSenior AdvisorProfile
When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGP Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
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Is Distillers & Vintners space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGP Ingredients. If investors know MGP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGP Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.845
Dividend Share
0.48
Earnings Share
4.82
Revenue Per Share
33.38
Quarterly Revenue Growth
(0.24)
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.