MGP Ingredients, Inc. (MGPI)
NASDAQ: MGPI · Real-Time Price · USD
32.19
-0.05 (-0.16%)
Feb 21, 2025, 4:00 PM EST - Market closed
MGP Ingredients Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for MGP Ingredients stock have an average target of 70.67, with a low estimate of 44 and a high estimate of 120. The average target predicts an increase of 119.54% from the current stock price of 32.19.
Analyst Consensus: Buy
* Price targets were last updated on Jan 7, 2025.
Analyst Ratings
The average analyst rating for MGP Ingredients stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 0 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $58 → $44 | Buy | Maintains | $58 → $44 | +36.69% | Jan 7, 2025 |
| Roth MKM | Roth MKM | Strong Buy Maintains $65 → $60 | Strong Buy | Maintains | $65 → $60 | +86.39% | Dec 23, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $66 → $50 | Strong Buy → Hold | Downgrades | $66 → $50 | +55.33% | Nov 6, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $69 → $65 | Strong Buy | Maintains | $69 → $65 | +101.93% | Nov 4, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $85 → $75 | Strong Buy | Maintains | $85 → $75 | +132.99% | Nov 1, 2024 |
Financial Forecast
Revenue This Year
713.73M
from 836.52M
Decreased by -14.68%
Revenue Next Year
604.87M
from 713.73M
Decreased by -15.25%
EPS This Year
5.69
from 4.80
Increased by 18.54%
EPS Next Year
3.53
from 5.69
Decreased by -37.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 737.6M | 637.4M | 642.8M | |
| Avg | 713.7M | 604.9M | 617.3M | |
| Low | 684.0M | 575.4M | 582.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -11.8% | -10.7% | 6.3% | |
| Avg | -14.7% | -15.3% | 2.1% | |
| Low | -18.2% | -19.4% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.89 | 4.03 | 4.89 | |
| Avg | 5.69 | 3.53 | 4.24 | |
| Low | 5.43 | 2.94 | 3.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.7% | -29.1% | 38.4% | |
| Avg | 18.5% | -37.9% | 20.0% | |
| Low | 13.1% | -48.3% | 2.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.