Roth Capital Reduces Earnings Estimates for MGP Ingredients

MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) - Equities research analysts at Roth Capital cut their Q3 2025 earnings per share estimates for shares of MGP Ingredients in a research report issued to clients and investors on Monday, April 21st. Roth Capital analyst S. Mcgowan now anticipates that the company will post earnings of $0.64 per share for the quarter, down from their previous forecast of $0.66. The consensus estimate for MGP Ingredients' current full-year earnings is $5.56 per share. Roth Capital also issued estimates for MGP Ingredients' FY2025 earnings at $2.50 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.71 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $2.72 EPS, Q1 2027 earnings at $0.47 EPS and FY2027 earnings at $3.12 EPS.

Other equities analysts have also recently issued research reports about the stock. StockNews.com cut shares of MGP Ingredients from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. Roth Mkm lowered their target price on MGP Ingredients from $65.00 to $60.00 and set a "buy" rating for the company in a research note on Monday, December 23rd. Wells Fargo & Company cut their price target on MGP Ingredients from $40.00 to $37.00 and set an "overweight" rating on the stock in a report on Wednesday, April 2nd. Finally, Lake Street Capital upgraded MGP Ingredients from a "hold" rating to a "buy" rating and decreased their price objective for the company from $55.00 to $45.00 in a research note on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $66.00.

MGP Ingredients Trading Up 0.6 %

NASDAQ MGPI opened at $28.08 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.94 and a current ratio of 6.46. The firm has a market cap of $597.26 million, a price-to-earnings ratio of 5.84 and a beta of 0.61. The firm has a 50 day simple moving average of $30.30 and a 200-day simple moving average of $41.00. MGP Ingredients has a one year low of $25.12 and a one year high of $92.52.

Hedge Funds Weigh In On MGP Ingredients

Several hedge funds have recently made changes to their positions in MGPI. GAMMA Investing LLC raised its position in MGP Ingredients by 162.0% in the 4th quarter. GAMMA Investing LLC now owns 697 shares of the company's stock valued at $27,000 after purchasing an additional 431 shares during the last quarter. Versant Capital Management Inc raised its holdings in MGP Ingredients by 192.5% during the fourth quarter. Versant Capital Management Inc now owns 699 shares of the company's stock worth $28,000 after purchasing an additional 460 shares in the last quarter. Quarry LP acquired a new stake in MGP Ingredients in the fourth quarter valued at about $75,000. PNC Financial Services Group Inc. boosted its holdings in MGP Ingredients by 56.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,913 shares of the company's stock valued at $75,000 after purchasing an additional 687 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. increased its position in MGP Ingredients by 58.3% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,996 shares of the company's stock worth $79,000 after purchasing an additional 735 shares during the period. Hedge funds and other institutional investors own 77.11% of the company's stock.

Insider Activity at MGP Ingredients

In related news, Director Karen Seaberg purchased 5,348 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average cost of $32.59 per share, for a total transaction of $174,291.32. Following the purchase, the director now directly owns 358,899 shares of the company's stock, valued at $11,696,518.41. The trade was a 1.51 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 36.20% of the stock is currently owned by corporate insiders.

MGP Ingredients Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 1.71%. The ex-dividend date was Friday, March 14th. MGP Ingredients's payout ratio is 31.79%.

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.

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