MG

MGP Ingredients IncNASDAQ MGPI Stock Report

Last reporting period 30 Jun, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

1.857

Small

Exchange

XNAS - Nasdaq

MGPI Stock Analysis

MG

Neutral

Based on Eyestock quantitative analysis, MGPI`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

60/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

4.0 %

Undervalued

Market cap $B

1.857

Dividend yield

0.68 %

Shares outstanding

22.001 B

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.

View Section: Eyestock Rating