Mgp Ingredients Stock Today
MGPI Stock | USD 46.75 0.13 0.28% |
Performance0 of 100
| Odds Of DistressLess than 5
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MGP Ingredients is trading at 46.75 as of the 21st of November 2024. This is a 0.28 percent increase since the beginning of the trading day. The stock's open price was 46.62. 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 22nd of October 2024 and ending today, the 21st 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 3.8 M shares are now shorted by private and institutional investors with about 7.53 trading days to cover. More on MGP Ingredients
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Moving against MGP Stock
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MGP Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
COO,CEO,President Director | David Bratcher | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Wholesale (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Distillers & Vintners, Beverages - Wineries & Distilleries, Consumer Defensive, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Wholesale, Consumer Staples, Beverages, Beverages—Wineries & Distilleries, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsMGP 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.
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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 3.8 M shares are now shorted by private and institutional investors with about 7.53 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 AllocationMGP 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 eighty-nine thousand five hundred ninety invesors are currently shorting MGP Ingredients expressing very little confidence in its future performance.
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MGP Stock Institutional Holders
Instituion | Recorded On | Shares | |
Geode Capital Management, Llc | 2024-06-30 | 352.7 K | |
Zeliff Wallace Jackson Invst Counsel Inc | 2024-09-30 | 293.6 K | |
Bank Of America Corp | 2024-06-30 | 283.7 K | |
American Century Companies Inc | 2024-09-30 | 254.6 K | |
Clark Capital Management Group Inc | 2024-06-30 | 249.1 K | |
Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 204.4 K | |
Marshall Wace Asset Management Ltd | 2024-06-30 | 204 K | |
Macquarie Group Ltd | 2024-06-30 | 196.7 K | |
Guggenheim Capital Llc | 2024-06-30 | 185.6 K | |
Blackrock Inc | 2024-06-30 | 2.3 M | |
Champlain Investment Partners, Llc | 2024-09-30 | 1.5 M |
MGP Ingredients Historical Income Statement
MGP Stock Against Markets
MGP Ingredients Corporate Management
Fletcher Buchman | Vice Marketing | Profile | |
Amel Pasagic | Chief Officer | Profile | |
Greg Manis | Corporate Communications | Profile | |
Amit CFA | Vice Relations | Profile | |
David Colo | Senior Advisor | Profile |
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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.