MGP Ingredients (MGPI) Stock Forecast, Price Target & Predictions
MGPI Stock Forecast
MGP Ingredients (MGPI) stock forecast, based on 14 Wall Street analysts, predicts a 12-month average price target of $40.00, with a high of $40.00 and a low of $40.00. This represents a 37.46% increase from the last price of $29.10.
MGPI Stock Rating
MGP Ingredients stock's rating consensus is Buy, based on 14 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (71.43%), 4 Hold (28.57%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
MGPI Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | MGP Ingredients | 37.46% |
Sector | Consumer Defensive Stocks | 6.34% |
Industry | Beverages - Wineries & Distilleries Stocks | 34.45% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 6 |
Avg Price Target | - | - | $91.67 |
Last Closing Price | $29.10 | $29.10 | $29.10 |
Upside/Downside | - | - | 215.02% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jun, 25 | 1 | 4 | 1 | - | - | 6 |
May, 25 | 1 | 4 | 1 | - | - | 6 |
Apr, 25 | 1 | 4 | 1 | - | - | 6 |
Mar, 25 | 1 | 4 | 1 | - | - | 6 |
Feb, 25 | 1 | 3 | 2 | - | - | 6 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Mar 01, 2025 | Truist Financial | $40.00 | $32.74 | 22.17% | 37.46% | |
Oct 22, 2024 | Bill Chappell | Truist Financial | $85.00 | $58.66 | 44.90% | 192.10% |
Oct 18, 2024 | Ben Klieve | Loop Capital Markets | $75.00 | $60.17 | 24.65% | 157.73% |
Oct 16, 2024 | Bill Chappell | Truist Financial | $95.00 | $80.87 | 17.47% | 226.46% |
Jul 08, 2024 | Ben Klieve | Loop Capital Markets | $135.00 | $73.05 | 84.80% | 363.92% |
Jul 01, 2024 | MGP Ingredients | Wedbush | $120.00 | $74.40 | 61.29% | 312.37% |
Aug 07, 2023 | Bill Chappell | Truist Financial | $140.00 | $122.50 | 14.29% | 381.10% |
Jul 31, 2023 | Bill Chappell | Truist Financial | $125.00 | $113.95 | 9.70% | 329.55% |
Feb 02, 2023 | Wells Fargo | $118.00 | $97.87 | 20.57% | 305.50% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 18, 2024 | Lake Street | Buy | Hold | downgrade |
Jul 08, 2024 | Lake Street | Buy | Buy | hold |
Apr 02, 2024 | Wedbush | Buy | Buy | hold |
Feb 02, 2023 | Wells Fargo | Overweight | Overweight | hold |
Oct 10, 2022 | Wedbush | Outperform | initialise | |
Feb 22, 2022 | Lake Street | Buy | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $2.37 | $4.37 | $4.94 | $4.82 | $1.57 | - | - | - |
Avg Forecast | $2.33 | $3.93 | $4.75 | $5.59 | $5.58 | $3.47 | $4.31 | $4.21 |
High Forecast | $2.36 | $3.99 | $4.81 | $5.64 | $5.62 | $3.90 | $4.38 | $4.27 |
Low Forecast | $2.30 | $3.89 | $4.72 | $5.55 | $5.56 | $3.05 | $4.28 | $4.18 |
Surprise % | 1.72% | 11.20% | 4.00% | -13.77% | -71.86% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $395.52M | $626.72M | $782.36M | $836.52M | $703.63M | - | - | - |
Avg Forecast | $394.99M | $613.52M | $775.86M | $827.08M | $699.74M | $593.01M | $605.17M | $627.93M |
High Forecast | $399.15M | $619.97M | $782.39M | $834.01M | $700.58M | $593.15M | $605.17M | $627.93M |
Low Forecast | $391.87M | $608.67M | $772.17M | $822.93M | $698.89M | $592.88M | $605.17M | $627.93M |
Surprise % | 0.13% | 2.15% | 0.84% | 1.14% | 0.56% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $40.34M | $91.31M | $109.46M | $107.47M | $34.66M | - | - | - |
Avg Forecast | $32.33M | $71.02M | $93.38M | $106.40M | $123.92M | $72.10M | $96.00M | $93.73M |
High Forecast | $38.79M | $85.23M | $112.05M | $127.68M | $124.58M | $86.52M | $97.06M | $94.77M |
Low Forecast | $25.86M | $56.82M | $74.70M | $85.12M | $123.25M | $67.59M | $94.94M | $92.70M |
Surprise % | 24.80% | 28.56% | 17.23% | 1.01% | -72.03% | - | - | - |