MGP Ingredients, Inc. (MGPI)
After hours:
| Previous Close | 78.25 |
| Open | 82.00 |
| Bid | 82.28 x 100 |
| Ask | 82.66 x 100 |
| Day's Range | 78.22 - 83.59 |
| 52 Week Range | 75.78 - 124.96 |
| Volume | |
| Avg. Volume | 218,863 |
| Market Cap | 1.81B |
| Beta (5Y Monthly) | 0.74 |
| PE Ratio (TTM) | 17.14 |
| EPS (TTM) | 4.80 |
| Earnings Date | May 02, 2024 |
| Forward Dividend & Yield | 0.48 (0.61%) |
| Ex-Dividend Date | Mar 14, 2024 |
| 1y Target Est | 114.14 |
StockStoryWhy MGP Ingredients (MGPI) Stock Is Up Today
Shares of food and beverage supplier MGP Ingredients (NASDAQGS:MGPI) jumped 6.8% in the afternoon session after the company reported first-quarter results that beat analysts' revenue and EPS expectations. However, sales declined by 15% (otherwise flat) in absolute terms due to the closure of the Atchison distillery. The closure is anticipated to be a headwind to growth and was baked into the full-year revenue guidance, which came in below expectations. However, it maintained full-year EPS guidan
Insider MonkeyHere’s Why MGP Ingredients (MGPI) Declined in Q1
SouthernSun Asset Management, LLC, an investment management firm, released its “SouthernSun Small Cap Strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the strategy increased 7.01% on a gross basis (6.83% net) compared to a 5.18% return for the Russell 2000 Index and 2.90% for […]
GuruFocus.comMGP Ingredients Inc (MGPI) Q1 Earnings: Performance Aligned with Expectations Despite Challenges
Comprehensive Analysis of MGPI's First Quarter Financial Results for 2024
