A share price of MGP Ingredients, Inc [MGPI] is currently trading at $33.46, up 3.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MGPI shares have gain 3.85% over the last week, with a monthly amount drifted -3.13%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
MGP Ingredients, Inc [NASDAQ: MGPI] stock has seen the most recent analyst activity on February 27, 2025, when Lake Street upgraded its rating to a Buy and also revised its price target to $45 from $55. Previously, TD Cowen downgraded its rating to Hold on November 06, 2024, and dropped its price target to $50. On October 18, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $75 on the stock. Wedbush started tracking the stock assigning a Outperform rating and suggested a price target of $125 on October 11, 2022. Wells Fargo initiated its recommendation with a Overweight and recommended $126 as its price target on August 15, 2022. ROTH Capital started tracking with a Buy rating for this stock on June 30, 2022, and assigned it a price target of $115. In a note dated February 22, 2022, Lake Street initiated an Buy rating and provided a target price of $100 on this stock.
MGP Ingredients, Inc experienced fluctuations in its stock price throughout the past year between $31.31 and $92.52. Currently, Wall Street analysts expect the stock to reach $80 within the next 12 months. MGP Ingredients, Inc [NASDAQ: MGPI] shares were valued at $33.46 at the most recent close of the market. An investor can expect a potential return of 139.09% based on the average MGPI price forecast.
Analyzing the MGPI fundamentals
Trailing Twelve Months sales for MGP Ingredients, Inc [NASDAQ:MGPI] were 703.62M which represents -15.87% decline. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.67 points at the first support level, and at 31.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.93, and for the 2nd resistance point, it is at 34.40.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MGP Ingredients, Inc [NASDAQ:MGPI] is 5.91. In addition, the Quick Ratio stands at 1.96 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 22.05.
Transactions by insiders
Recent insider trading involved Seaberg Karen, Director, that happened on Dec 11 ’24 when 11843.0 shares were purchased. Director, Seaberg Karen completed a deal on Dec 12 ’24 to buy 5264.0 shares. Meanwhile, Director Mingus Lori L.S. bought 1530.0 shares on Dec 03 ’24.
