Roth Capital Reduces Earnings Estimates for MGP Ingredients

MGP Ingredients, Inc. (NASDAQ:MGPI) – Stock analysts at Roth Capital reduced their Q1 2025 earnings per share (EPS) estimates for MGP Ingredients in a report issued on Monday, December 23rd. Roth Capital analyst S. Mcgowan now anticipates that the company will post earnings of $0.50 per share for the quarter, down from their prior forecast of $0.79. The consensus estimate for MGP Ingredients’ current full-year earnings is $5.57 per share. Roth Capital also issued estimates for MGP Ingredients’ Q2 2025 earnings at $0.76 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $1.00 EPS, FY2025 earnings at $3.00 EPS, Q2 2026 earnings at $1.14 EPS, Q3 2026 earnings at $1.03 EPS and FY2026 earnings at $4.36 EPS.

MGP Ingredients (NASDAQ:MGPI) last posted its earnings results on Thursday, October 31st. The company reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.02. MGP Ingredients had a return on equity of 14.39% and a net margin of 14.44%. The firm had revenue of $161.50 million during the quarter, compared to analyst estimates of $161.55 million. During the same period in the previous year, the company earned $1.34 EPS. The company’s revenue for the quarter was down 23.7% on a year-over-year basis.

A number of other research firms have also weighed in on MGPI. Truist Financial cut their target price on shares of MGP Ingredients from $85.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Loop Capital set a $75.00 target price on MGP Ingredients in a research note on Friday, October 18th. Roth Mkm dropped their price target on MGP Ingredients from $65.00 to $60.00 and set a “buy” rating on the stock in a research report on Monday. Lake Street Capital cut MGP Ingredients from a “buy” rating to a “hold” rating and reduced their price objective for the company from $135.00 to $75.00 in a research report on Friday, October 18th. Finally, StockNews.com raised shares of MGP Ingredients from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $75.83.

MGP Ingredients Price Performance

Shares of MGP Ingredients stock opened at $39.85 on Wednesday. MGP Ingredients has a 1-year low of $38.65 and a 1-year high of $102.42. The firm has a fifty day simple moving average of $48.90 and a 200-day simple moving average of $69.72. The company has a current ratio of 6.46, a quick ratio of 1.94 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $874.83 million, a price-to-earnings ratio of 8.28, a PEG ratio of 0.74 and a beta of 0.63.

Institutional Investors Weigh In On MGP Ingredients

Institutional investors have recently added to or reduced their stakes in the stock. FMR LLC lifted its position in shares of MGP Ingredients by 14.2% during the 3rd quarter. FMR LLC now owns 1,102,985 shares of the company’s stock worth $91,824,000 after buying an additional 137,292 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of MGP Ingredients by 9.5% during the second quarter. Dimensional Fund Advisors LP now owns 790,339 shares of the company’s stock valued at $58,801,000 after acquiring an additional 68,278 shares during the period. State Street Corp boosted its stake in shares of MGP Ingredients by 22.4% in the 3rd quarter. State Street Corp now owns 717,675 shares of the company’s stock valued at $59,746,000 after purchasing an additional 131,542 shares in the last quarter. Ariel Investments LLC boosted its stake in shares of MGP Ingredients by 92.7% in the 2nd quarter. Ariel Investments LLC now owns 515,796 shares of the company’s stock valued at $38,375,000 after purchasing an additional 248,076 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of MGP Ingredients by 67.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 495,622 shares of the company’s stock worth $41,261,000 after purchasing an additional 199,550 shares during the last quarter. 77.11% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Lori L.S. Mingus sold 7,050 shares of the company’s stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of $46.03, for a total value of $324,511.50. Following the sale, the director now owns 37,373 shares of the company’s stock, valued at $1,720,279.19. The trade was a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 36.20% of the stock is owned by company insiders.

MGP Ingredients Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were paid a $0.12 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.20%. MGP Ingredients’s payout ratio is 9.98%.

MGP Ingredients Company Profile

MGP Ingredients, Inc, together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions.