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Home โบ Stocks โบ MGP Ingredients Inc. (MGPI) Stock Forecast & Price Prediction United States | NASDAQ | Consumer Defensive | Beverages - Wineries & Distilleries
$32.59
-0.28 (-0.85%)Did MGPI Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if MGP Ingredients is one of their latest high-conviction picks.
Based on our analysis of 11 Wall Street analysts, MGPI has a bullish consensus with a median price target of $39.50 (ranging from $30.00 to $45.00). Currently trading at $32.59, the median forecast implies a 21.2% upside. This outlook is supported by 5 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Ben Klieve at Lake Street, projecting a 38.1% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for MGPI.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 24, 2025 | Truist Securities | Bill Chappell | Buy | Maintains | $35.00 |
Apr 2, 2025 | Wells Fargo | Marc Torrente | Overweight | Maintains | $37.00 |
Feb 27, 2025 | Lake Street | Ben Klieve | Buy | Upgrade | $45.00 |
Jan 7, 2025 | Wells Fargo | Marc Torrente | Overweight | Maintains | $44.00 |
Dec 23, 2024 | Roth MKM | Buy | Maintains | $0.00 | |
Nov 6, 2024 | TD Cowen | Robert Moskow | Hold | Downgrade | $50.00 |
Nov 4, 2024 | Roth MKM | Sean McGowan | Buy | Maintains | $65.00 |
Nov 1, 2024 | Truist Securities | Bill Chappell | Buy | Maintains | $75.00 |
Oct 22, 2024 | Truist Securities | Bill Chappell | Buy | Maintains | $85.00 |
Oct 18, 2024 | Roth MKM | Sean McGowan | Buy | Maintains | $88.00 |
Oct 18, 2024 | Lake Street | Ben Klieve | Hold | Downgrade | $75.00 |
Oct 16, 2024 | Truist Securities | Bill Chappell | Buy | Maintains | $95.00 |
Jul 25, 2024 | Roth MKM | Sean McGowan | Buy | Maintains | $92.00 |
May 3, 2024 | Roth MKM | Sean McGowan | Buy | Maintains | $92.00 |
Apr 29, 2024 | Wedbush | Gerald Pascarelli | Outperform | Reiterates | $120.00 |
Apr 25, 2024 | Roth MKM | Sean McGowan | Buy | Maintains | $95.00 |
Apr 10, 2024 | Wedbush | Gerald Pascarelli | Outperform | Reiterates | $120.00 |
Mar 22, 2024 | Wedbush | Gerald Pascarelli | Outperform | Reiterates | $120.00 |
Feb 15, 2024 | Wedbush | Gerald Pascarelli | Outperform | Reiterates | $135.00 |
Sep 6, 2023 | Truist Securities | Bill Chappell | Buy | Reiterates | $140.00 |
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MGP Ingredients Inc. has a market capitalization of $693.25M with a P/E ratio of 65.2x. The company generates $654.72M in trailing twelve-month revenue with a 1.7% profit margin.
Revenue growth is -28.7% quarter-over-quarter, while maintaining an operating margin of +11.5% and return on equity of +1.3%.
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Produces premium distilled spirits and specialty ingredients.
MGP Ingredients generates revenue by supplying high-quality distilled spirits, specialty wheat proteins, and starches to various sectors including alcoholic beverages, food, and personal care. The company focuses on innovation to create unique ingredients that meet consumer demand, thereby serving both independent producers and multinational corporations.
Founded in 1941 and headquartered in Atchison, Kansas, MGP Ingredients is a significant player in the specialized ingredient market. The company emphasizes sustainability and quality while adapting to evolving consumer preferences and trends, particularly in the premium spirits segment.
Consumer Defensive
Beverages - Wineries & Distilleries
660
Mr. Brandon M. Gall CPA
United States
1990
STZ's Q1 earnings and sales miss as the beer, and wine and spirits segments' shipment volumes fall amid soft consumer demand.
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The launch of Cortada Smoked Tequila reflects Luxco's innovation in the premium spirits market, potentially boosting brand visibility and sales, which can drive stock performance.
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Hard-to-short stocks may indicate underlying weaknesses, suggesting potential declines in value, which could impact investment strategies and risk assessments.
Penelope Bourbon has launched Cigar Sessions Chapter 1, a limited-edition release aimed at enhancing whiskey and cigar pairings, marking the start of a new product series.
The launch of Penelope Bourbon's limited-edition cigar pairing can boost brand recognition and sales, signaling potential growth for investors in the premium spirits and cigar market.
A class action lawsuit has been filed against MGP Ingredients, Inc. (NASDAQ: MGPI) and certain officers, as announced by Bronstein, Gewirtz & Grossman, LLC.
A class action lawsuit against MGP Ingredients could lead to financial liabilities and affect stock performance, impacting investor confidence and potential returns.
A class action lawsuit has been filed against MGP Ingredients (NASDAQ: MGPI) for alleged securities violations. Affected investors from May 4, 2023, to October 30, 2024, should contact the Schall Law Firm.
The class action lawsuit against MGP Ingredients may impact its stock price and investor confidence, potentially leading to financial losses for those affected during the specified period.
MGP Ingredients, Inc. announced Martin Roper will become Chairman of the Board on May 22, 2025. Roper has over 25 years of beverage industry experience, including CEO roles at The Boston Beer Company and The Vita Coco Company.
Martin Roper's election as Chairman signals potential strategic shifts at MGP Ingredients, leveraging his extensive industry experience, which could enhance company growth and investor confidence.
Based on our analysis of 11 Wall Street analysts, MGP Ingredients Inc. (MGPI) has a median price target of $39.50. The highest price target is $45.00 and the lowest is $30.00.
According to current analyst ratings, MGPI has 5 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $32.59. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict MGPI stock could reach $39.50 in the next 12 months. This represents a 21.2% increase from the current price of $32.59. Please note that this is a projection by Wall Street analysts and not a guarantee.
MGP Ingredients generates revenue by supplying high-quality distilled spirits, specialty wheat proteins, and starches to various sectors including alcoholic beverages, food, and personal care. The company focuses on innovation to create unique ingredients that meet consumer demand, thereby serving both independent producers and multinational corporations.
The highest price target for MGPI is $45.00 from Ben Klieve at Lake Street, which represents a 38.1% increase from the current price of $32.59.
The lowest price target for MGPI is $30.00 from at , which represents a -7.9% decrease from the current price of $32.59.
The overall analyst consensus for MGPI is bullish. Out of 11 Wall Street analysts, 5 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $39.50.
Stock price projections, including those for MGP Ingredients Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.