Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy MGP Ingredients stock | $65.55

Learn how to easily invest in MGP Ingredients stock.

MGP Ingredients Inc is an agricultural inputs business based in the US. MGP Ingredients shares (MGPI) are listed on the NASDAQ and all prices are listed in US Dollars. MGP Ingredients employs 360 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in MGP Ingredients

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MGPI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

MGP Ingredients stock price (NASDAQ: MGPI)

Use our graph to track the performance of MGPI stocks over time.

MGP Ingredients shares at a glance

Information last updated 2021-09-25.
Latest market close$65.55
52-week range$37.21 - $76.53
50-day moving average $64.58
200-day moving average $64.56
Wall St. target price$73.33
PE ratio 20.9091
Dividend yield $0.48 (0.75%)
Earnings per share (TTM) $3.14

Buy MGP Ingredients shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Asset types Option trade fee Annual fee Signup bonus
Robinhood
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
J.P. Morgan Self-Directed Investing
Stocks, Bonds, Options, Mutual funds, ETFs
$0 + $0.65/contract
0%
N/A
INVESTMENT AND INSURANCE PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
Sofi Invest
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
TradeStation
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency
$0 + $0.50/contract
$0 per month
$50
Deposit qualifying assets of $5,000+
A platform built for all kinds of traders and all styles of trading
Public
Stocks, ETFs
N/A
$0 per month
Download and sign up with Public.com; approved accounts receive a free stock slice worth up to $70, selected from 9 popular stocks.
Open an account
Commission-free trading in stocks and ETFs with a social networking twist.
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy MGP Ingredients stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

MGP Ingredients price performance over time

Historical closes compared with the close of $65.55 from 2021-09-24

1 week (2021-09-17) 4.03%
1 month (2021-08-26) 2.23%
3 months (2021-06-25) 0.40%
6 months (2021-03-26) 7.53%
1 year (2020-09-25) 74.94%
2 years (2019-09-26) 29.34%
3 years (2018-09-26) 78.53
5 years (2016-09-26) 66.33%

Is MGP Ingredients under- or over-valued?

Valuing MGP Ingredients stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of MGP Ingredients's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

MGP Ingredients's P/E ratio

MGP Ingredients's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 21x. In other words, MGP Ingredients shares trade at around 21x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

MGP Ingredients's PEG ratio

MGP Ingredients's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.47. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into MGP Ingredients's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

MGP Ingredients's EBITDA

MGP Ingredients's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $99.3 million.

The EBITDA is a measure of a MGP Ingredients's overall financial performance and is widely used to measure a its profitability.

MGP Ingredients financials

Revenue TTM $487.1 million
Operating margin TTM 17.3%
Gross profit TTM $105 million
Return on assets TTM 7.68%
Return on equity TTM 13.75%
Profit margin 11.79%
Book value $27.03
Market capitalisation $1.4 billion

TTM: trailing 12 months

Shorting MGP Ingredients shares

There are currently 2.6 million MGP Ingredients shares held short by investors – that's known as MGP Ingredients's "short interest". This figure is 1.8% up from 2.6 million last month.

There are a few different ways that this level of interest in shorting MGP Ingredients shares can be evaluated.

MGP Ingredients's "short interest ratio" (SIR)

MGP Ingredients's "short interest ratio" (SIR) is the quantity of MGP Ingredients shares currently shorted divided by the average quantity of MGP Ingredients shares traded daily (recently around 83841.723136496). MGP Ingredients's SIR currently stands at 30.99. In other words for every 100,000 MGP Ingredients shares traded daily on the market, roughly 30990 shares are currently held short.

However MGP Ingredients's short interest can also be evaluated against the total number of MGP Ingredients shares, or, against the total number of tradable MGP Ingredients shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case MGP Ingredients's short interest could be expressed as 0.12% of the outstanding shares (for every 100,000 MGP Ingredients shares in existence, roughly 120 shares are currently held short) or 0.197% of the tradable shares (for every 100,000 tradable MGP Ingredients shares, roughly 197 shares are currently held short).

A SIR above 20% would generally be considered very high, pointing to a pessimistic outlook for the share price, with a discouraging number of investors currently willing to bet against MGP Ingredients.

Find out more about how you can short MGP Ingredients stock.

MGP Ingredients share dividends

13%

Dividend payout ratio: 13.19% of net profits

Recently MGP Ingredients has paid out, on average, around 13.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), MGP Ingredients shareholders could enjoy a 0.75% return on their shares, in the form of dividend payments. In MGP Ingredients's case, that would currently equate to about $0.48 per share.

While MGP Ingredients's payout ratio might seem low, this can signify that MGP Ingredients is investing more in its future growth.

MGP Ingredients's most recent dividend payout was on 2 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 August 2021 (the "ex-dividend date").

Have MGP Ingredients's shares ever split?

MGP Ingredients's shares were split on a 2:1 basis on 15 July 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your MGP Ingredients shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for MGP Ingredients shares which in turn could have impacted MGP Ingredients's share price.

MGP Ingredients share price volatility

Over the last 12 months, MGP Ingredients's shares have ranged in value from as little as $37.2068 up to $76.5323. A popular way to gauge a stock's volatility is its "beta".

MGPI.US volatility(beta: 1.45)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while MGP Ingredients's is 1.4514. This would suggest that MGP Ingredients's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

MGP Ingredients overview

MGP Ingredients, Inc. , together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates through two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including 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, including barrel put away, storage, and retrieval services, as well as blending services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym Resistant Starch, FiberRite RW Resistant Starch, Pregel Instant Starch, and Midsol Cook-up 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 primarily in the United States, Japan, Thailand, Mexico, and Canada.

Stocks similar to MGP Ingredients

Frequently asked questions

What percentage of MGP Ingredients is owned by insiders or institutions?
Currently 42.792% of MGP Ingredients shares are held by insiders and 79.773% by institutions.
How many people work for MGP Ingredients?
Latest data suggests 360 work at MGP Ingredients.
When does the fiscal year end for MGP Ingredients?
MGP Ingredients's fiscal year ends in December.
Where is MGP Ingredients based?
MGP Ingredients's address is: Cray Business Plaza, Atchison, KS, United States, 66002-0130
What is MGP Ingredients's ISIN number?
MGP Ingredients's international securities identification number is: US55303J1060
What is MGP Ingredients's CUSIP number?
MGP Ingredients's Committee on Uniform Securities Identification Procedures number is: 55302G103

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site