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Upturn AI SWOT - About
MGP Ingredients Inc (MGPI)
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Upturn Advisory Summary
06/30/2025: MGPI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
6 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $39
1 Year Target Price $39
| 4 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -13.19% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 634.11M USD | Price to earnings Ratio 59.62 | 1Y Target Price 39 |
Price to earnings Ratio 59.62 | 1Y Target Price 39 | ||
Volume (30-day avg) 6 | Beta 0.31 | 52 Weeks Range 25.03 - 91.60 | Updated Date 06/29/2025 |
52 Weeks Range 25.03 - 91.60 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 1.61% | Basic EPS (TTM) 0.5 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.68% | Operating Margin (TTM) 11.47% |
Management Effectiveness
Return on Assets (TTM) 6.56% | Return on Equity (TTM) 1.28% |
Valuation
Trailing PE 59.62 | Forward PE 13.55 | Enterprise Value 924078763 | Price to Sales(TTM) 0.97 |
Enterprise Value 924078763 | Price to Sales(TTM) 0.97 | ||
Enterprise Value to Revenue 1.41 | Enterprise Value to EBITDA 13.2 | Shares Outstanding 21271800 | Shares Floating 14073394 |
Shares Outstanding 21271800 | Shares Floating 14073394 | ||
Percent Insiders 34.77 | Percent Institutions 73.81 |
Analyst Ratings
Rating 3 | Target Price 39 | Buy 1 | Strong Buy 4 |
Buy 1 | Strong Buy 4 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
MGP Ingredients Inc
Company Overview
History and Background
MGP Ingredients, Inc. was founded in 1941 as Midwest Grain Products. Initially focused on producing grain-based alcohol for industrial uses, it has evolved into a leading supplier of premium distilled spirits, food ingredients, and distillery co-products.
Core Business Areas
- Distillery Products: Production and sale of premium distilled spirits, including bourbon, rye whiskey, and other specialty spirits. This segment contributes significantly to the company's revenue and profit. MGP is a major supplier to non-distilling producers (NDPs).
- Ingredient Solutions: Production and sale of specialty wheat starches and proteins used in a variety of food products. This segment serves the food manufacturing industry.
- Branded Spirits: Development, marketing, and sale of own-branded premium spirits, expanding beyond supplying to other brands.
Leadership and Structure
David Colo is the President and CEO. The company operates with a functional organizational structure, with distinct divisions for Distillery Products, Ingredient Solutions, and Branded Spirits. A board of directors provides overall governance.
Top Products and Market Share
Key Offerings
- Bourbon and Rye Whiskey: MGP is a major supplier of bourbon and rye whiskey to NDPs. While specific market share data is difficult to obtain due to the nature of the NDP market, MGP is considered a leading supplier. Competitors include ADM, Green River Distilling and other large distilleries focusing on bulk whiskey production. Revenue from the distillery segment constitutes largest portion of the revenue in 2023.
- Specialty Wheat Starches and Proteins: MGP produces specialty wheat starches and proteins used in bakery goods, snacks, and other food applications. MGP competes with ADM, Ingredion, and other ingredient suppliers. MGP competes on price and features of specialized proteins.
- Branded Spirits (e.g., Remus, Rossville Union): MGP is expanding its branded spirits portfolio to capture more value in the premium spirits market. Competitors include Brown-Forman (Jack Daniel's), Beam Suntory (Jim Beam), and other established spirits brands.
Market Dynamics
Industry Overview
The distilled spirits industry is experiencing growth, driven by consumer demand for premium and craft spirits. The food ingredients market is also growing, fueled by demand for specialized ingredients and healthier food options.
Positioning
MGP is positioned as a leading supplier of premium distilled spirits and specialty ingredients, with a growing presence in the branded spirits market. Its competitive advantages include its established production capacity, expertise in grain-based processing, and long-standing relationships with customers.
Total Addressable Market (TAM)
The global spirits market is estimated to be worth hundreds of billions of dollars. The specialty food ingredients market is also substantial. MGP is positioned to capture a growing share of these markets through its existing businesses and expansion into branded spirits.
Upturn SWOT Analysis
Strengths
- Established production capacity
- Expertise in grain-based processing
- Strong relationships with NDPs
- Diversified revenue streams
- Growing presence in branded spirits
Weaknesses
- Dependence on NDPs for a significant portion of revenue
- Limited brand recognition compared to established spirits brands
- Exposure to commodity price fluctuations
- Volatility in the spirits industry
Opportunities
- Expansion of branded spirits portfolio
- Increased demand for premium and craft spirits
- Growth in the specialty food ingredients market
- Strategic acquisitions
- International expansion
Threats
- Increased competition from other distilleries and ingredient suppliers
- Changes in consumer preferences
- Economic downturns
- Regulatory changes affecting the spirits and food industries
- Fluctuations in commodity prices (grain)
Competitors and Market Share
Key Competitors
- ADM
- BF.B
- DEO
Competitive Landscape
MGP's competitive advantage lies in its established production capacity and expertise. However, it faces competition from larger, more diversified companies with greater brand recognition.
Major Acquisitions
Luxco
- Year: 2021
- Acquisition Price (USD millions): 475
- Strategic Rationale: Acquisition of Luxco, a leading branded spirits company, accelerates MGP's transition to a branded spirits business and expands its portfolio of premium brands.
Growth Trajectory and Initiatives
Historical Growth: Historical growth can be analysed with public historical data.
Future Projections: Future projections can only be obtained from public sources of estimates from analysts.
Recent Initiatives: Recent initiatives include the expansion of its branded spirits portfolio through product innovation and acquisitions, and investments in production capacity to meet growing demand.
Summary
MGP Ingredients is a leading supplier of distilled spirits and food ingredients, with a growing presence in branded spirits. The acquisition of Luxco has strengthened its branded spirits portfolio. Its dependence on NDPs presents a risk. MGP should watch out for fluctuating commodity prices and increasing competition.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Market Research Reports
- Industry Publications
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About MGP Ingredients Inc
Exchange NASDAQ | Headquaters Atchison, KS, United States | ||
IPO Launch date 1988-10-20 | Interim President, Interim CEO, CFO & Treasurer Mr. Brandon M. Gall CPA | ||
Sector Consumer Defensive | Industry Beverages - Wineries & Distilleries | Full time employees 660 | Website https://www.mgpingredients.com |
Full time employees 660 | Website https://www.mgpingredients.com | ||
MGP Ingredients, Inc. produces and supplies distilled spirits, branded spirits, and food ingredients worldwide. It operates in three segments: Distillery Solutions, Branded Spirits, and Ingredient Solutions. The Distillery Solutions segment processes corn and other grains, including barley, wheat, barley malt, and milo into food grade alcohol and distillery co-products, such as dried distillers' grain; and offers food grade alcohol for beverage applications, that include bourbon, rye, and other whiskeys, as well as grain neutral spirits, including vodka and gin. This segment also offers warehouse services, including barrel put away, barrel storage, and barrel retrieval services; and blending services. The Branded Spirits segment provides Tequila under the premium plus, ultra-premium, super premium, premium under the Penelope Bourbon, Yellowstone Bourbon, Rebel Bourbon, Remus Bourbon, Blood Oath Bourbon, Ezra Brooks Bourbon, Minor Case Straight Rye Whiskey, Rossville Union Straight Rye Whiskey, The Quiet Man Irish Whiskey, Green Hat Gin, Everclear grain alcohol, El Mayor Tequila, and Dos Primos names; mid branded spirits under the Brady's Irish Cream, Saint Brendan's Irish Cream Liqueur, Pearl Vodka, Lord Calvert Canadian Whisky, and Exotico Tequila names; and value branded spirits under the Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, and Juarez Tequila names, as well as private label products. The Ingredient Solutions segment provides specialty wheat starches for food applications, such as Fibersym, a resistant wheat starch; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. It sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. The company was founded in 1941 and is based in Atchison, Kansas.
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