Currently, MGP Ingredients, Inc [MGPI] is trading at $28.82, up 8.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MGPI shares have gain 1.87% over the last week, with a monthly amount drifted -8.30%, 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.
This stock has fluctuated between a low of $25.12 and a high of $92.52 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $57.5 within the next 12 months. MGP Ingredients, Inc [NASDAQ: MGPI] shares were valued at $28.82 at the most recent close of the market. An investor can expect a potential return of 99.51% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.26.
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 26.68 points at the first support level, and at 24.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.32, and for the 2nd resistance point, it is at 31.81.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MGP Ingredients, Inc [NASDAQ:MGPI] is 5.91. Also, the Quick Ratio is 1.96, while the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 0.87, the price to book ratio is 0.73 and price to earnings (TTM) ratio is 18.99.
Transactions by insiders
Recent insider trading involved Mingus Lori L.S., Director, that happened on Apr 01 ’25 when 778.0 shares were sold. Director, Seaberg Karen completed a deal on Apr 01 ’25 to sell 58903.0 shares. Meanwhile, Director Mingus Lori L.S. bought 912.0 shares on Apr 01 ’25.
