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mgp ingredients - MGPI

MGPI

Close Chg Chg %
45.33 0.48 1.06%

Closed Market

45.81

+0.48 (1.06%)

Volume: 263.19K

Last Updated:

Dec 4, 2024, 4:00 PM EDT

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Company Overview: mgp ingredients - MGPI

MGPI Key Data

Open

$45.33

 Day Range

44.78 - 45.87

52 Week Range

43.48 - 102.42

 Market Cap

$995.14M

Shares Outstanding

21.95M

 Public Float

14.02M

Beta

0.63

 Rev. Per Employee

N/A

P/E Ratio

9.40

 EPS

$4.82

Yield

105.89%

 Dividend

$0.12

EX-DIVIDEND DATE

Nov 15, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

492.76K

  

MGPI Performance

1 Week
 
 -1.02%
 
1 Month
 
 -10.00%
 
3 Months
 
 -48.56%
 
1 Year
 
 -47.97%
 
5 Years
 
 -1.31%
 

MGPI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About mgp ingredients - MGPI

MGP Ingredients, Inc. engages in the manufacture and trade of food, beverage, specialty wheat protein, and starch food ingredients. It operates through the following segments: Distilling Solutions, Branded Spirits, and Ingredient Solutions. The Distilling Solutions segment consists of food grade alcohol and distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil. It also includes warehouse services, including barrel put away, barrel storage, barrel retrieval services, and blending services. The Branded Spirits segment focuses on producing, importing, and bottling distilled spirits through distilleries and bottling facilities. The Ingredient Solutions segment is involved in specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat proteins products. The company was founded by Cloud L. Cray, Sr. in 1941 and is headquartered in Atchison, KS.

MGPI At a Glance

MGP Ingredients, Inc.
Cray Business Plaza
Atchison, Kansas 66002-2514
Phone 1-913-367-1480 Revenue 836.52M
Industry Agricultural Commodities/Milling Net Income 106.40M
Sector Process Industries 2023 Sales Growth 6.923%
Fiscal Year-end 12 / 2024 Employees 705
View SEC Filings

MGPI Valuation

P/E Current 9.403
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 20.531
Price to Sales Ratio 2.611
Price to Book Ratio 2.55
Price to Cash Flow Ratio 26.074
Enterprise Value to EBITDA 12.507
Enterprise Value to Sales 2.949
Total Debt to Enterprise Value 0.122

MGPI Efficiency

Revenue/Employee 1,186,557.447
Income Per Employee 150,923.404
Receivables Turnover 5.75
Total Asset Turnover 0.646

MGPI Liquidity

Current Ratio 4.507
Quick Ratio 1.467
Cash Ratio 0.161

MGPI Profitability

Gross Margin 36.426
Operating Margin 20.932
Pretax Margin 16.945
Net Margin 12.719
Return on Assets 8.218
Return on Equity 13.323
Return on Total Capital 9.233
Return on Invested Capital 10.011

MGPI Capital Structure

Total Debt to Total Equity 35.492
Total Debt to Total Capital 26.195
Total Debt to Total Assets 21.342
Long-Term Debt to Equity 34.35
Long-Term Debt to Total Capital 25.352
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Mgp Ingredients - MGPI

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
395.52M 626.72M 782.36M 836.52M
Sales Growth
+9.04% +58.45% +24.83% +6.92%
Cost of Goods Sold (COGS) incl D&A
296.71M 427.75M 529.05M 531.81M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
12.96M 19.09M 21.45M 22.11M
Depreciation
- - - 19.35M
-
Amortization of Intangibles
- - - 2.76M
-
COGS Growth
+3.67% +44.16% +23.68% +0.52%
Gross Income
98.81M 198.97M 253.31M 304.71M
Gross Income Growth
+29.10% +101.37% +27.31% +20.29%
Gross Profit Margin
+24.98% +31.75% +32.38% +36.43%
2020 2021 2022 2023 5-year trend
SG&A Expense
44.56M 80.00M 104.34M 129.61M
Research & Development
- - - -
-
Other SG&A
44.56M 80.00M 104.34M 129.61M
SGA Growth
+52.15% +79.51% +30.43% +24.22%
Other Operating Expense
- - - -
-
Unusual Expense
- - (7.40M) 26.49M
-
EBIT after Unusual Expense
54.24M 126.36M 148.97M 148.61M
Non Operating Income/Expense
- (1.23M) (3.34M) (220.00K)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.64M 4.04M 5.45M 6.65M
Interest Expense Growth
+25.67% +146.16% +35.03% +21.94%
Gross Interest Expense
1.89M 4.38M 6.32M 9.00M
Interest Capitalized
246.00K 339.00K 866.00K 2.35M
Pretax Income
52.60M 121.10M 140.17M 141.75M
Pretax Income Growth
+14.51% +130.22% +15.75% +1.12%
Pretax Margin
+13.30% +19.32% +17.92% +16.94%
Income Tax
12.26M 30.28M 31.30M 34.62M
Income Tax - Current - Domestic
12.12M 23.23M 30.55M 38.22M
Income Tax - Current - Foreign
- 294.00K (223.00K) 330.00K
Income Tax - Deferred - Domestic
140.00K 6.75M 1.05M (3.98M)
Income Tax - Deferred - Foreign
- - (71.00K) 44.00K
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(261.00K) (712.00K) (871.00K) (1.07M)
Consolidated Net Income
40.08M 90.11M 108.00M 106.06M
Minority Interest Expense
- (490.00K) (590.00K) (345.00K)
Net Income
40.08M 90.59M 108.59M 106.40M
Net Income Growth
+4.01% +126.01% +19.86% -2.02%
Net Margin Growth
+10.13% +14.46% +13.88% +12.72%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
40.08M 90.59M 108.59M 106.40M
Preferred Dividends
- - - -
-
Net Income Available to Common
40.08M 90.59M 108.59M 106.40M
EPS (Basic)
2.3666 4.3724 4.9353 4.8233
EPS (Basic) Growth
+4.47% +84.75% +12.87% -2.27%
Basic Shares Outstanding
16.94M 20.72M 22.00M 22.06M
EPS (Diluted)
2.3666 4.3177 4.9239 4.7985
EPS (Diluted) Growth
+4.47% +82.44% +14.04% -2.55%
Diluted Shares Outstanding
16.94M 20.98M 22.05M 22.17M
EBITDA
67.20M 138.06M 170.42M 197.22M
EBITDA Growth
+14.26% +105.44% +23.44% +15.72%
EBITDA Margin
+16.99% +22.03% +21.78% +23.58%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 66.50
Number of Ratings 6 Current Quarters Estimate 1.503
FY Report Date 12 / 2024 Current Year's Estimate 5.578
Last Quarter’s Earnings 1.29 Median PE on CY Estimate N/A
Year Ago Earnings 5.88 Next Fiscal Year Estimate 3.718
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 6 6 6
Mean Estimate 1.50 0.67 5.58 3.72
High Estimates 1.52 0.90 5.61 4.00
Low Estimate 1.48 0.50 5.54 3.48
Coefficient of Variance 1.31 19.53 0.50 5.24

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 6
OVERWEIGHT 0 0 0
HOLD 2 2 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Buy

Insider Actions for Mgp Ingredients - MGPI

Date Name Shares Transaction Value
Aug 29, 2024 Lori L. S. Mingus Director 44,523 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $90.92 per share 4,048,031.16
Aug 29, 2024 Lori L. S. Mingus Director 47,169 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $90 per share 4,245,210.00
May 29, 2024 Thomas A. Gerke Director 6,199 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Kevin S. Rauckman Director 4,237 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Preet H. Michelson Director 3,990 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Neha J. Clark Director 4,096 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Todd B. Siwak Director 4,239 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 24, 2024 Karen L. Seaberg Director 138,657 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $76.45 per share 10,600,327.65
May 24, 2024 Seaberg MGP Holdings LP Director 386,764 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $76.42 per share 29,556,504.88
May 24, 2024 Cray MGP Holdings LP Director 2,134,601 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $76.44 per share 163,168,900.44
May 24, 2024 Lori L. S. Mingus Director 54,762 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $76.46 per share 4,187,102.52
May 24, 2024 Karen L. Seaberg Director 61,701 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $76.44 per share 4,716,424.44
May 17, 2024 Donn S. Lux Director 2,638,300 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $82.48 per share 217,606,984.00
May 17, 2024 Donn S. Lux Director 2,638,264 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83.13 per share 219,318,886.32
May 17, 2024 Donn S. Lux Director 2,638,862 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.31 per share 214,565,869.22
May 17, 2024 Donn S. Lux Director 2,673,264 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $82.5 per share 220,544,280.00
May 17, 2024 Donn S. Lux Director 2,680,629 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $81.86 per share 219,436,289.94
May 17, 2024 Donn S. Lux Director 2,688,264 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83.9 per share 225,545,349.60
May 17, 2024 Donn S. Lux Director 2,688,912 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83.12 per share 223,502,365.44
May 17, 2024 Donn S. Lux Director 2,695,264 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $83 per share 223,706,912.00

Mgp Ingredients in the News