FY2025 EPS Estimates for MGP Ingredients Boosted by Analyst

MGP Ingredients, Inc. (NASDAQ:MGPI) – Analysts at Roth Capital boosted their FY2025 EPS estimates for MGP Ingredients in a note issued to investors on Thursday, October 30th. Roth Capital analyst S. Mcgowan now anticipates that the company will post earnings per share of $2.72 for the year, up from their previous forecast of $2.59. The consensus estimate for MGP Ingredients’ current full-year earnings is $5.56 per share. Roth Capital also issued estimates for MGP Ingredients’ Q4 2025 earnings at $0.49 EPS, Q1 2026 earnings at $0.38 EPS, Q2 2026 earnings at $0.78 EPS, Q4 2026 earnings at $0.86 EPS and FY2026 earnings at $2.77 EPS.

MGP Ingredients (NASDAQ:MGPI) last released its earnings results on Wednesday, October 29th. The company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.23. The business had revenue of $130.91 million for the quarter, compared to the consensus estimate of $128.33 million. MGP Ingredients had a negative net margin of 2.56% and a positive return on equity of 9.65%. The firm’s quarterly revenue was down 18.9% compared to the same quarter last year. During the same period last year, the firm posted $1.29 earnings per share. MGP Ingredients has set its FY 2025 guidance at 2.600-2.750 EPS.

Several other research firms have also recently commented on MGPI. Weiss Ratings restated a “sell (d)” rating on shares of MGP Ingredients in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price target on shares of MGP Ingredients from $38.00 to $33.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Finally, TD Cowen decreased their price target on shares of MGP Ingredients from $30.00 to $27.00 and set a “hold” rating for the company in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, MGP Ingredients currently has an average rating of “Moderate Buy” and a consensus price target of $40.00.

MGP Ingredients Stock Performance

MGPI stock opened at $24.20 on Friday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.79 and a current ratio of 2.78. The stock has a market cap of $515.29 million, a P/E ratio of -36.12 and a beta of 0.37. The firm has a 50 day simple moving average of $26.11 and a 200 day simple moving average of $28.72. MGP Ingredients has a 52 week low of $23.28 and a 52 week high of $59.65.

Hedge Funds Weigh In On MGP Ingredients

Institutional investors and hedge funds have recently bought and sold shares of the stock. Federated Hermes Inc. increased its holdings in MGP Ingredients by 183.3% in the 2nd quarter. Federated Hermes Inc. now owns 743,214 shares of the company’s stock valued at $22,274,000 after buying an additional 480,885 shares during the period. Deutsche Bank AG boosted its stake in shares of MGP Ingredients by 1,564.2% in the 1st quarter. Deutsche Bank AG now owns 214,060 shares of the company’s stock valued at $6,289,000 after purchasing an additional 201,197 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of MGP Ingredients in the 3rd quarter valued at $4,702,000. Millennium Management LLC boosted its stake in shares of MGP Ingredients by 116.6% in the 1st quarter. Millennium Management LLC now owns 359,813 shares of the company’s stock valued at $10,571,000 after purchasing an additional 193,660 shares in the last quarter. Finally, Ariel Investments LLC boosted its stake in shares of MGP Ingredients by 14.9% in the 2nd quarter. Ariel Investments LLC now owns 719,144 shares of the company’s stock valued at $21,553,000 after purchasing an additional 93,086 shares in the last quarter. Institutional investors own 77.11% of the company’s stock.

MGP Ingredients Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Investors of record on Friday, November 14th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $0.48 dividend on an annualized basis and a yield of 2.0%. MGP Ingredients’s payout ratio is -71.64%.

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.