MGP INGREDIENTS INC (MGPI)

US55303J1060 - Common Stock

79.65  -1.18 (-1.46%)

After market: 79.75 +0.1 (+0.13%)

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MGP INGREDIENTS INC

NASDAQ:MGPI (5/17/2024, 7:13:02 PM)

After market: 79.75 +0.1 (+0.13%)

79.65

-1.18 (-1.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)
Earnings (Next)
Ins Owners
Inst Owners
Market Cap1.75B
Shares
PE17.39
Fwd PE11.37
Dividend Yield0.57%
Analysts
IPO
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MGPI Daily chart

Company Profile

MGP Ingredients, Inc. engages in the manufacture and trade of food, beverage, specialty wheat protein and starch food ingredients. The company is headquartered in Atchison, Kansas and currently employs 690 full-time employees. The firm operates through three 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. This segment also includes warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment consists of producing, importing, bottling, and rectifying of distilled spirits. Its Ingredient Solutions segment consists primarily of specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat proteins. The company is also a producer of industrial alcohol for use in both food and non-food applications. The Company’s distillery products are derived from corn and other grains, including rye, barley, wheat, barley malt, and milo.

Company Info

MGP INGREDIENTS INC

1300 Main St

Atchison KANSAS 66002

P: 19133671480

CEO: David J. Colo

Employees: 690

Website: https://www.mgpingredients.com/

MGPI News

News Image12 days ago - MGP IngredientsMGP Names New Distilling Solutions Vice President

Industry veteran Paul Lux joins company to continue execution of strategy for the segment

News Image12 days ago - MGP IngredientsMGP Names New Distilling Solutions Vice President

Industry veteran Paul Lux joins company to continue execution of strategy for the segment...

News Image16 days ago - InvestorPlaceMGPI Stock Earnings: MGP Ingredients Beats EPS, Misses Revenue for Q1 2024

MGPI stock results show that MGP Ingredients beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

News Image16 days ago - Yahoo FinanceMGP Ingredients's (NASDAQ:MGPI) Q1 Earnings Results: Revenue In Line With Expectations

Food and beverage supplier MGP Ingredients (NASDAQGS:MGPI) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 15.1% year on year to $170.6 million. On the other hand, the company's full-year revenue guidance of $749 million at the midpoint came in slightly below analysts' estimates. It made a non-GAAP profit of $1.07 per share, down from its profit of $1.39 per share in the same quarter last year.

News Image16 days ago - MGP IngredientsMGP Ingredients Reports First Quarter 2024 Results

Q1 results in line with expectations; Reiterates annual guidance

News Image16 days ago - MGP IngredientsMGP Ingredients Reports First Quarter 2024 Results

Q1 results in line with expectations; Reiterates annual guidance...

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