MGP Ingredients downgraded by Lake Street with a new price target
$MGPI
Beverages (Production/Distribution)
Consumer Staples
Lake Street downgraded MGP Ingredients from Buy to Hold and set a new price target of $75.00 from $135.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | $135.00 → $75.00 | Buy → Hold | Lake Street |
| 10/11/2022 | $125.00 | Outperform | Wedbush |
| 8/15/2022 | $126.00 | Overweight | Wells Fargo |
| 6/30/2022 | $115.00 | Buy | ROTH Capital |
| 2/22/2022 | $100.00 | Buy | Lake Street |
| 1/21/2022 | $99.00 | Outperform | Cowen & Co. |
| 11/29/2021 | $80.00 → $100.00 | Hold → Buy | Truist Securities |
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 per share of common stock. The dividend is payable on November 29, 2024 to stockholders of record as of November 15, 2024. About MGP Ingredients, Inc. MGP Ingredients, Inc. (NASDAQ:MGPI) is a leading producer of premium branded and distilled spirits, as well as food ingredient solutions. Since 1941, we have combined our expertise and energy aimed at formulating excellence, bringing product ideas to life collaboratively with our customers. As one of the largest distillers in th
ATCHISON, Kan., Aug. 01, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock. The dividend is payable on August 30, 2024 to stockholders of record as of August 16, 2024. About MGP Ingredients, Inc.MGP Ingredients, Inc. (NASDAQ:MGPI) is a leading producer of premium branded and distilled spirits, as well as food ingredient solutions. Since 1941, we have combined our expertise and energy aimed at formulating excellence, bringing product ideas to life collaboratively with
ATCHISON, Kan., July 18, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the second quarter ended June 30, 2024, on Thursday, August 1, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including David Bratcher, CEO and president, and Brandon Gall, CFO, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-308-6
Lake Street downgraded MGP Ingredients from Buy to Hold and set a new price target of $75.00 from $135.00 previously
Wedbush initiated coverage of MGP Ingredients with a rating of Outperform and set a new price target of $125.00
Wells Fargo initiated coverage of MGP Ingredients with a rating of Overweight and set a new price target of $126.00
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
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MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 per share of common stock. The dividend is payable on November 29, 2024 to stockholders of record as of November 15, 2024. About MGP Ingredients, Inc. MGP Ingredients, Inc. (NASDAQ:MGPI) is a leading producer of premium branded and distilled spirits, as well as food ingredient solutions. Since 1941, we have combined our expertise and energy aimed at formulating excellence, bringing product ideas to life collaboratively with our customers. As one of the largest distillers in th
Exclusively for the holiday season, the special giftpack includes three award-winning Yellowstone Bourbon varieties ST. LOUIS, Oct. 15, 2024 /PRNewswire/ -- Yellowstone Bourbon announced it will release the 2024 Bourbon Giftpack this month. The Giftpack showcases three award-winning innovations from the Yellowstone Bourbon family: Yellowstone Select, Yellowstone Special Finishes Collection Toasted and Yellowstone Special Finishes Collection Rum Cask. Packaged in a decorative box and available at local retailers nationwide at a minimum suggested retail price of $49.99, the Yell
Highly collectible bourbons will be available in September ST. LOUIS, Aug. 15, 2024 /PRNewswire/ -- Three is a magic number – especially when it involves a trilogy of sought-after bourbons. Lux Row Distillers announced the release of Blood Oath Trilogy – Third Edition, the latest collection of limited-release bourbons, or "Pacts," created by Lux Row Master Distiller John Rempe. Featuring 750mL bottles of Pacts 7, 8 and 9, this latest Trilogy has a limited supply of 1,400 sets and is available at a minimum suggested retail price $799.99, which reflects the quality and scarcity of these bourbons. Shipments of the latest Blood Oath Trilogy will begin in September.
ATCHISON, Kan., May 20, 2024 /PRNewswire/ -- MGP Ingredients, Inc., (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, is pleased to announce the hiring of Amit Sharma as its Vice President of Investor Relations. This strategic addition to our leadership team underscores our commitment to enhancing communication with our investors and stakeholders, and to strengthening our overall investor relations strategy. Sharma brings over 18 years of experience in investor relations and financial communications. He recently served as
ATCHISON, Kan., July 15, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, is pleased to announce that Amel Pasagic, has been appointed to the newly-created position of Chief Information Officer. Mr. Pasagic recently joined MGP as Vice President, IT in connection with MGP's acquisition of Luxco, Inc. and its affiliated companies, a leading branded beverage alcohol company. Prior to the acquisition, Pasagic served in a variety of IT leadership roles while at Luxco for 10 years. In his new role, Pasagic will report directly to Dave Colo, President and CEO and will have responsibility for the
ATCHISON, Kan., July 13, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, is pleased to announce that David Bratcher has been appointed as Chief Operating Officer. Mr. Bratcher recently joined MGP as President, Brands in connection with MGP's acquisition of Luxco, Inc. and its affiliated companies, a leading branded beverage alcohol company. Prior to the acquisition, Bratcher served in a steady progression of leadership roles for over 20 years at Luxco, including serving as President and Chief Operating Officer since 2013. Bratcher was instrumental in supporting Luxco's growth in those po
Roth MKM analyst Sean McGowan maintains MGP Ingredients (NASDAQ:MGPI) with a Buy and lowers the price target from $95 to $92.
MGP Ingredients (NASDAQ:MGPI) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.98 by 9.18 percent. This is a 23.02 percent decrease over earnings of $1.39 per share from the same period last year. The company reported quarterly sales of $170.56 million which missed the analyst consensus estimate of $173.23 million by 1.54 percent. This is a 15.15 percent decrease over sales of $201.01 million the same period last year.