MGP IngredientsMGPI
MGPI
About: MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.
Employees: 705
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
115% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 26
17% more capital invested
Capital invested by funds: $1.22B [Q2] → $1.42B (+$205M) [Q3]
13% more funds holding
Funds holding: 226 [Q2] → 256 (+30) [Q3]
3.49% more ownership
Funds ownership: 74.22% [Q2] → 77.71% (+3.49%) [Q3]
5% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 79
7% less call options, than puts
Call options by funds: $1.91M | Put options by funds: $2.05M
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
25%
upside
Avg. target
$66
66%
upside
High target
$75
88%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
TD Cowen Robert Moskow 46% 1-year accuracy 21 / 46 met price target | 25%upside $50 | Hold Downgraded | 6 Nov 2024 |
Roth MKM Sean McGowan 27% 1-year accuracy 8 / 30 met price target | 63%upside $65 | Buy Maintained | 4 Nov 2024 |
Truist Securities Bill Chappell 40% 1-year accuracy 12 / 30 met price target | 88%upside $75 | Buy Maintained | 1 Nov 2024 |
Lake Street Ben Klieve 40% 1-year accuracy 4 / 10 met price target | 88%upside $75 | Hold Downgraded | 18 Oct 2024 |
Financial journalist opinion
Based on 48 articles about MGPI published over the past 30 days
Neutral
Business Wire
17 hours ago
MGPI Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against MGP Ingredients, Inc.
RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against MGP Ingredients, Inc. (“MGPI”) (NASDAQ: MGPI) on behalf of those who purchased or otherwise acquired MGPI common stock between May 4, 2023, and October 30, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 14, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered MGPI losses.
Neutral
Accesswire
18 hours ago
MGP Ingredients, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before February 14, 2025 to Discuss Your Rights – MGPI
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=117899&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
18 hours ago
MGP Ingredients Inc Is Being Sued For Violating Securities Laws And Impacted Investors Are Invited To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 20, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ:MGPI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 4, 2023 to October 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 14, 2025.
Neutral
Accesswire
19 hours ago
MGP Ingredients, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before February 14, 2025 to Discuss Your Rights - MGPI
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=117875&wire=1 or contact Joseph E. Levi, Esq.
Neutral
PRNewsWire
19 hours ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in MGP Ingredients, Inc. of Class Action Lawsuit and Upcoming Deadlines - MGPI
NEW YORK , Dec. 20, 2024 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against MGP Ingredients, Inc. ("MGPI" or the "Company") (NASDAQ: MGPI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
Neutral
PRNewsWire
19 hours ago
MGPI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that MGP Ingredients, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
NEW YORK , Dec. 20, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ: MGPI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired MGP Ingredients securities between May 3, 2023 and October 30, 2024, both dates inclusive (the "Class Period").
Neutral
Accesswire
20 hours ago
Investors in MGP Ingredients, Inc. Should Contact Levi & Korsinsky Before February 14, 2025 to Discuss Your Rights - MGPI
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=117856&wire=1 or contact Joseph E. Levi, Esq.
Neutral
GlobeNewsWire
21 hours ago
INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against MGP Ingredients, Inc. (NASDAQ: MGPI); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel
SAN DIEGO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed on behalf of all persons and entities who purchased or otherwise acquired MGP Ingredients, Inc. (NASDAQ: MGPI) (“MGPI” or the “Company”) common stock between May 4, 2023 through October 30, 2024 (the “Class Period”), charging the Company and certain of its current and former senior executives with violations of the federal securities laws (collectively, “Defendants”).
Neutral
Accesswire
22 hours ago
Levi & Korsinsky Reminds MGP Ingredients, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 14, 2025 - MGPI
NEW YORK, NY / ACCESSWIRE / December 20, 2024 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=117815&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Business Wire
23 hours ago
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of MGP Ingredients, Inc. (MGPI) Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired MGP Ingredients, Inc. (“MGPI” or the “Company”) (NASDAQ: MGPI) common stock between May 4, 2023 through October 30, 2024, inclusive (the “Class Period”). MGPI investors have until February 14, 2025 to file a lead plaintiff motion. If you suffered a loss on your MGPI i.
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