$89.05
1.30% day before yesterday
Nasdaq, Sep 06, 10:00 pm CET
ISIN
US55303J1060
Symbol
MGPI

MGP Ingredients, Inc. Target price 2024 - Analyst rating & recommendation

MGP Ingredients, Inc. Classifications & Recommendation:

Buy
100%

MGP Ingredients, Inc. Price Target

Target Price $112.67
Price $89.05
Potential
Number of Estimates 6
6 Analysts have issued a price target MGP Ingredients, Inc. 2025 . The average MGP Ingredients, Inc. target price is $112.67. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 6 Analysts recommend MGP Ingredients, Inc. to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the MGP Ingredients, Inc. stock has an average upside potential 2025 of . Most analysts recommend the MGP Ingredients, Inc. stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 836.52 754.99
6.92% 9.75%
EBITDA Margin 23.58% 28.92%
8.23% 22.67%
Net Margin 12.62% 17.01%
8.76% 34.81%

6 Analysts have issued a sales forecast MGP Ingredients, Inc. 2024 . The average MGP Ingredients, Inc. sales estimate is

$755m
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. This is
4.17% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$761m 3.35%
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, the lowest is
$751m 4.66%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $837m 6.92%
2024
$755m 9.75%
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2025
$793m 5.00%
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2026
$851m 7.37%
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5 Analysts have issued an MGP Ingredients, Inc. EBITDA forecast 2024. The average MGP Ingredients, Inc. EBITDA estimate is

$218m
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. This is
12.75% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$222m 14.80%
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, the lowest is
$210m 8.59%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $197m 15.73%
2024
$218m 10.72%
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2025
$238m 9.01%
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2026
$261m 9.71%
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EBITDA Margin

2023 23.58% 8.23%
2024
28.92% 22.67%
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2025
30.03% 3.84%
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2026
30.68% 2.16%
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3 MGP Ingredients, Inc. Analysts have issued a net profit forecast 2024. The average MGP Ingredients, Inc. net profit estimate is

$128m
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. This is
34.87% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$137m 43.88%
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, the lowest is
$122m 27.94%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $106m 2.44%
2024
$128m 21.67%
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2025
$149m 16.38%
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2026
$161m 7.41%
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Net Margin

2023 12.62% 8.76%
2024
17.01% 34.81%
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2025
18.85% 10.82%
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2026
18.86% 0.05%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.80 5.84
2.44% 21.67%
P/E 15.25
EV/Sales 2.98

3 Analysts have issued a MGP Ingredients, Inc. forecast for earnings per share. The average MGP Ingredients, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$5.84
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. This is
34.87% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$6.23 43.88%
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, the lowest is
$5.54 27.94%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $4.80 2.44%
2024
$5.84 21.67%
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2025
$6.80 16.44%
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2026
$7.30 7.35%
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P/E ratio

Current 20.55 7.31%
2024
15.25 25.79%
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2025
13.10 14.10%
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2026
12.20 6.87%
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Based on analysts' sales estimates for 2024, the MGP Ingredients, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.86 22.07%
2024
2.98 4.36%
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2025
2.84 4.76%
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2026
2.65 6.86%
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P/S ratio

Current 2.49 24.11%
2024
2.59 4.35%
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2025
2.47 4.77%
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2026
2.30 6.86%
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