$43.80
5.73% today
Nasdaq, Nov 26, 04:48 pm CET
ISIN
US55303J1060
Symbol
MGPI

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

MGP Ingredients, Inc. Classifications & Recommendation:

Buy
67%
Hold
33%

MGP Ingredients, Inc. Price Target

Target Price $63.83
Price $46.46
Potential
Number of Estimates 6
6 Analysts have issued a price target MGP Ingredients, Inc. 2025 . The average MGP Ingredients, Inc. target price is $63.83. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 4 Analysts recommend MGP Ingredients, Inc. to buy, 2 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 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 836.52 699.73
6.92% 16.35%
EBITDA Margin 23.58% 28.11%
8.23% 19.23%
Net Margin 12.60% 15.16%
8.76% 20.36%

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

$700m
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. This is
5.15% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$703m 4.77%
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, the lowest is
$698m 5.40%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $837m 6.92%
2024
$700m 16.35%
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2025
$598m 14.54%
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2026
$616m 2.95%
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2027
$631m 2.44%
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5 Analysts have issued an MGP Ingredients, Inc. EBITDA forecast 2024. The average MGP Ingredients, Inc. EBITDA estimate is

$197m
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. This is
3.43% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$198m 4.12%
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, the lowest is
$195m 2.28%
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.

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

EBITDA Estimates

2023 $197m 15.73%
2024
$197m 0.26%
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2025
$143m 27.05%
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2026
$171m 19.37%
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2027
$176m 2.92%
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EBITDA Margin

2023 23.58% 8.23%
2024
28.11% 19.23%
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2025
23.99% 14.66%
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2026
27.82% 15.96%
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2027
27.95% 0.47%
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4 MGP Ingredients, Inc. Analysts have issued a net profit forecast 2024. The average MGP Ingredients, Inc. net profit estimate is

$106m
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. This is
0.26% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$109m 2.69%
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, the lowest is
$103m 2.48%
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.

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

Net Profit Estimates

2023 $105m 2.44%
2024
$106m 0.67%
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2025
$75.2m 29.08%
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2026
$99.5m 32.31%
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2027
$103m 2.98%
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Net Margin

2023 12.60% 8.76%
2024
15.16% 20.36%
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2025
12.58% 17.02%
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2026
16.17% 28.54%
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2027
16.25% 0.49%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.80 4.83
2.44% 0.63%
P/E 9.61
EV/Sales 1.86

4 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

$4.83
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. This is
0.21% 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
$4.95 2.70%
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, the lowest is
$4.70 2.49%
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.

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

Earnings Per Share

2023 $4.80 2.44%
2024
$4.83 0.63%
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2025
$3.43 28.99%
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2026
$4.54 32.36%
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2027
$4.67 2.86%
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P/E ratio

Current 9.64 53.72%
2024
9.61 0.31%
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2025
13.56 41.10%
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2026
10.24 24.48%
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2027
9.95 2.83%
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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 1.76 38.46%
2024
1.86 5.50%
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2025
2.17 17.01%
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2026
2.11 2.86%
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2027
2.06 2.38%
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P/S ratio

Current 1.38 44.59%
2024
1.46 5.42%
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2025
1.71 17.01%
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2026
1.66 2.86%
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2027
1.62 2.38%
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