MGP Ingredients, Inc (NASDAQ: MGPI) on Tuesday, plunged -6.32% from the previous trading day, before settling in for the closing price of $33.55. Within the past 52 weeks, MGPI’s price has moved between $31.31 and $92.52.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Consumer Defensive Sector giant saw their annual sales surged by 16.67% over the last five years. The company achieved an average annual earnings per share of -54.41%. With a float of $14.78 million, this company’s outstanding shares have now reached $21.19 million.
The firm has a total of 660 workers. Let’s measure their productivity. In terms of profitability, gross margin is 40.69%, operating margin of 11.96%, and the pretax margin is 9.73%.
MGP Ingredients, Inc (MGPI) Insider Activity
Observing investor behavior towards Beverages – Wineries & Distilleries industry stocks is more important than anything else. The insider ownership of MGP Ingredients, Inc is 30.51%, while institutional ownership is 73.46%. The most recent insider transaction that took place on Mar 11 ’25, was worth 174,291. In this transaction Director of this company bought 5,348 shares at a rate of $32.59, taking the stock ownership to the 358,899 shares. Before that another transaction happened on Mar 11 ’25, when Company’s Director sold 135,533 for $31.60, making the entire transaction worth $4,283,028. This insider now owns 116,011 shares in total.
MGP Ingredients, Inc (MGPI) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -54.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -17.16% during the next five years compared to -7.22% drop over the previous five years of trading.
MGP Ingredients, Inc (NASDAQ: MGPI) Trading Performance Indicators
MGP Ingredients, Inc (MGPI) is currently performing well based on its current performance indicators. A quick ratio of 1.96 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95. Likewise, its price to free cash flow for the trailing twelve months is 21.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.52, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 3.15 in one year’s time.
Technical Analysis of MGP Ingredients, Inc (MGPI)
Analysing the last 5-days average volume posted by the [MGP Ingredients, Inc, MGPI], we can find that recorded value of 0.51 million was better than the volume posted last year of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 41.92%. Additionally, its Average True Range was 1.63.
During the past 100 days, MGP Ingredients, Inc’s (MGPI) raw stochastic average was set at 0.67%, which indicates a significant decrease from 7.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.96% in the past 14 days, which was lower than the 61.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.87, while its 200-day Moving Average is $61.49. Now, the first resistance to watch is $33.59. This is followed by the second major resistance level at $35.74. The third major resistance level sits at $36.99. If the price goes on to break the first support level at $30.18, it is likely to go to the next support level at $28.93. Should the price break the second support level, the third support level stands at $26.78.
MGP Ingredients, Inc (NASDAQ: MGPI) Key Stats
Market capitalization of the company is 668.53 million based on 21,270K outstanding shares. Right now, sales total 703,630 K and income totals 34,660 K. The company made 180,800 K in profit during its latest quarter, and -41,960 K in sales during its previous quarter.
