MGP Ingredients (NASDAQ:MGPI – Get Free Report) had its price target reduced by analysts at Roth Mkm from $41.00 to $32.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. Roth Mkm’s price target would suggest a potential upside of 63.98% from the company’s current price.
MGPI has been the topic of several other reports. Wells Fargo & Company decreased their price objective on shares of MGP Ingredients from $29.00 to $24.00 and set an “overweight” rating on the stock in a report on Thursday. TD Cowen decreased their price target on shares of MGP Ingredients from $27.00 to $24.00 and set a “hold” rating on the stock in a research note on Thursday, January 8th. Zacks Research lowered MGP Ingredients from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Wall Street Zen cut MGP Ingredients from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of MGP Ingredients in a research note on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, MGP Ingredients has a consensus rating of “Hold” and an average target price of $32.50.
Read Our Latest Research Report on MGPI
MGP Ingredients Price Performance
MGP Ingredients (NASDAQ:MGPI – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.14. The company had revenue of $138.32 million for the quarter, compared to the consensus estimate of $132.84 million. MGP Ingredients had a positive return on equity of 9.65% and a negative net margin of 2.56%.MGP Ingredients’s revenue for the quarter was down 23.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.57 earnings per share. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. As a group, sell-side analysts anticipate that MGP Ingredients will post 5.56 earnings per share for the current fiscal year.
Insider Transactions at MGP Ingredients
In other MGP Ingredients news, Director Karen Seaberg sold 81,616 shares of MGP Ingredients stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $25.84, for a total transaction of $2,108,957.44. Following the transaction, the director directly owned 35,285 shares of the company’s stock, valued at $911,764.40. The trade was a 69.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 304,535 shares of company stock worth $7,509,168 in the last ninety days. 34.40% of the stock is currently owned by company insiders.
Institutional Trading of MGP Ingredients
Institutional investors have recently made changes to their positions in the company. Osaic Holdings Inc. grew its position in MGP Ingredients by 130.3% in the second quarter. Osaic Holdings Inc. now owns 935 shares of the company’s stock worth $28,000 after acquiring an additional 529 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of MGP Ingredients by 653.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,304 shares of the company’s stock valued at $32,000 after purchasing an additional 1,131 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of MGP Ingredients in the 4th quarter valued at $32,000. Quadrant Capital Group LLC grew its holdings in shares of MGP Ingredients by 237.0% during the 4th quarter. Quadrant Capital Group LLC now owns 1,830 shares of the company’s stock worth $44,000 after purchasing an additional 1,287 shares during the period. Finally, Tower Research Capital LLC TRC increased its position in shares of MGP Ingredients by 278.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,883 shares of the company’s stock worth $56,000 after purchasing an additional 1,386 shares during the last quarter. Hedge funds and other institutional investors own 77.11% of the company’s stock.
MGP Ingredients News Summary
Here are the key news stories impacting MGP Ingredients this week:
- Positive Sentiment: MGP beat Q4 consensus on EPS and revenue — reported $0.63 EPS vs. $0.49 expected and revenue of $138.3M vs. $132.8M expected, showing quarter-to-quarter operational resilience. MGPI Q4 Beats Estimates (Zacks)
- Positive Sentiment: The board declared a $0.12 quarterly dividend (payable March 27; record March 13), which supports income-oriented investors and provides cash-return signaling. Dividend Announcement (Business Wire)
- Positive Sentiment: Wells Fargo lowered its price target from $29 to $24 but maintained an “overweight” rating, implying analysts still see upside from current levels despite trimming estimates. Wells Fargo PT Cut (Benzinga)
- Neutral Sentiment: Company released its earnings presentation, slide deck and conference call transcript — useful for digging into margin drivers, portfolio rationalization and one-time items referenced on the call. Earnings Presentation (Seeking Alpha)
- Neutral Sentiment: Third‑party comparisons and analyses (e.g., Constellation Brands vs. MGP) are circulating — these may help investors assess competitive positioning but are not direct catalysts. Peer Analysis (AmericanBankingNews)
- Negative Sentiment: FY2026 guidance disappointed: management guided EPS to $1.50–$1.80 vs. consensus ~ $2.51 and revenue to $480M–$500M vs. consensus ~$519.6M — the lower outlook is the primary reason for the sell‑off. Guidance Miss (Investing.com)
- Negative Sentiment: Q4 revenue declined ~23.5% year-over-year and the company reported a negative net margin, highlighting demand/portfolio challenges that contributed to investor concern. Revenue Decline & Margins (Yahoo Finance)
- Negative Sentiment: Market reaction and commentary: several articles explain the ~20% drop in MGPI shares as driven by the weak guide and sales outlook; short‑term sentiment is negative. Why Stock Is Down ~20% (AAII)
MGP Ingredients Company Profile
MGP Ingredients, Inc (NASDAQ: MGPI) is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries. Headquartered in Atchison, Kansas, the company operates two main facilities—its historic Atchison plant, founded in 1941 as Midwest Grain Products, and a modern distillery in Lawrenceburg, Indiana. MGP Ingredients supplies an array of distillation products under its beverage and ingredient segments, serving brand owners, private-label producers and co-packers worldwide.
The beverage segment features a broad portfolio of premium spirits, including bourbon and rye whiskies, vodka, gin and neutral spirits.
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