15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 4 firms covering MGP Ingredients Inc, 3 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $18.00 to $35.00, a moderate spread. The average target of $26.50 sits 42% above the current $18.68. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.48 next quarter toward $2.10 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS4 ratings
Moderate Buy
Strong Buy00%
Buy375%
Hold125%
Sell00%
Strong Sell00%
Based on 4 analysts giving stock ratings to MGP Ingredients Inc.
As of Jul, 3 of 4 firms rate MGPI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MGPI EPS & revenue forecast
EPS · NEXT QUARTER
$0.48
Range $0.42 – $0.54 · 4 analysts · -43% YoY
Next period, 4 analysts expect MGP Ingredients Inc to earn $0.48 a share (range $0.42 – $0.54), versus $0.85 a year earlier. Full-year consensus is $1.62, growing to $2.10 the year after.
REVENUE · NEXT QUARTER
$121.8M
Range $119.0M – $125.4M · 4 analysts · -7% YoY
Revenue is expected to reach $121.8M (range $119.0M – $125.4M), -6.9% year-over-year. Full-year consensus is $485.2M, rising to $508.5M next year.
Top analysts covering MGP Ingredients Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MGPI.
#1
Sean McGowan
Roth MKM · Rank #319
Buy
$32.00+71.3% to target
Overall win rate
28%
+ Follow
#2
Ben Klieve
Lake Street · Rank #333
Buy
$45.00+140.9% to target
Overall win rate
28%
+ Follow
#3
Bill Chappell
Truist Securities · Rank #347
Buy
$35.00+87.4% to target
Overall win rate
27%
+ Follow
#4
MT
Marc Torrente
Wells Fargo
Buy
$21.00+12.4% to target
Coverage
—
+ Follow
#5
Robert Moskow
TD Cowen
Hold
$18.00-3.6% to target
Coverage
—
+ Follow
MGPI stock forecast FAQ
What is MGPI's average 12-month price target?+
The 4 analysts with a live target average $26.50 for MGP Ingredients Inc over the next 12 months, ranging from a $35.00 high to a $18.00 low.
Is MGPI stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 4 analyst ratings, 3 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MGPI?+
The Street-high target is $35.00 (Benchmark), and the Street-low is $18.00 (TD Cowen). The average of all 4 active targets is $26.50.
How many Wall Street analysts cover MGPI?+
4 analysts have an active rating on MGP Ingredients Inc, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering MGPI?+
Among analysts who currently cover MGPI, Sean McGowan of Roth MKM has the strongest overall Quantellect track record (Rank #319). Their current call is Buy with a $32.00 target.
What is MGP Ingredients Inc's projected EPS for next quarter?+
The consensus estimate is $0.48 per share (range $0.42 – $0.54) across 4 analysts. Full-year EPS is projected at $1.62, rising to $2.10 the following year.
How much revenue is MGP Ingredients Inc expected to report next quarter?+
Consensus revenue is $121.8M (range $119.0M – $125.4M). Full-year revenue is projected at $485.2M, growing to $508.5M next year.
Have analysts been upgrading or downgrading MGPI lately?+
As of Jul, 3 of 4 firms rate MGPI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MGPI calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
