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How to buy MGP Ingredients (MGPI) stocks in Canada
Learn how to easily invest in MGP Ingredients stocks.
MGP Ingredients is a beverages-wineries & distilleries business based in the US. MGP Ingredients stocks (MGPI.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $64.29 – a decrease of 1.73% over the previous week. MGP Ingredients employs 360 staff and has a trailing 12-month revenue of around $560.8 million.
How to buy shares in MGP Ingredients
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- Can I buy shares in MGP Ingredients?
- Has coronavirus impacted MGP Ingredients shares?
- MGP Ingredients shares summary
- Compare share dealing platforms
- Is MGP Ingredients stock a buy or sell?
- MGP Ingredients performance over time
- Are MGP Ingredients shares over-valued?
- MGP Ingredients's financials
- How volatile are MGP Ingredients shares?
- Does MGP Ingredients pay a dividend?
- Have MGP Ingredients shares ever split?
- Other common questions
MGP Ingredients stock price (NASDAQ:MGPI)Use our graph to track the performance of MGPI stocks over time.
MGP Ingredients shares at a glance
|Latest market close||$75.55|
|52-week range||$54.38 - $89.50|
|50-day moving average||$82.00|
|200-day moving average||$69.60|
|Wall St. target price||$92.00|
|Dividend yield||$0.48 (0.62%)|
|Earnings per share (TTM)||$3.63|
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Note: The dollar amounts in the table below are in Canadian dollars.
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.
MGP Ingredients price performance over time
|1 week (2022-01-21)||-1.73%|
|1 month (2021-12-28)||-13.36%|
|3 months (2021-10-28)||19.01%|
|6 months (2021-07-28)||22.61%|
|1 year (2021-01-28)||31.76%|
|2 years (2020-01-28)||114.14%|
|3 years (2019-01-28)||3.06%|
|5 years (2017-01-27)||77.72%|
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 22x. In other words, MGP Ingredients shares trade at around 22x 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 $116.9 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||$560.8 million|
|Operating margin TTM||17.82%|
|Gross profit TTM||$105 million|
|Return on assets TTM||9.06%|
|Return on equity TTM||16.33%|
|Market capitalisation||$1.7 billion|
TTM: trailing 12 months
MGP Ingredients share dividends
Dividend payout ratio: 11.65% of net profits
Recently MGP Ingredients has paid out, on average, around 11.65% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.62% 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 0.62% 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 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 November 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 $54.3817 up to $89.5. A popular way to gauge a stock's volatility is its "beta".
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 1.2529. 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.
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Frequently asked questions
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