How to Buy Mgp Ingredients Stock
Mgp Ingredients Inc
MGP Ingredients, Inc. , together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products; Branded Spirits; and Ingredient Solutions.
Mgp Ingredients stock last closed at $36.05, up 0.39% from the previous day, and has decreased 60.44% in one year. It has underperformed other stocks in the Beverages - Wineries & Distilleries industry by 0.3 percentage points. Mgp Ingredients stock is currently +5.97% from its 52-week low of $34.02, and -61.2% from its 52-week high of $92.91.
At the moment, there are 21.95M shares of MGPI outstanding. The market capitalization of MGPI is $791.42M. In the last 24 hours, 186,173 MGPI shares were traded.
How to Buy Mgp Ingredients Stock
Wondering how to invest in Mgp Ingredients stock? Here's how.
- Choose where to buy Mgp Ingredients stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Mgp Ingredients stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Research Mgp Ingredients stock: The Mgp Ingredients ticker symbol is MGPI. Is Mgp Ingredients stock a good investment? Should you buy shares of MGPI? How do MGPI's underlying business fundamentals look? Do top analysts think Mgp Ingredients is a good buy? Why has MGPI's stock price moved recently? (Hint: Our stock research website can help you evaluate if MGPI is a good stock to buy).
- Place your MGPI purchase: Decide if you will purchase MGPI shares at the current market price or use a limit order to buy MGPI stock at a given price.
- Track your MGPI investment: Create a watchlist to important notifications about your position in Mgp Ingredients stock.
Step 1: Choose where to buy Mgp Ingredients stock
You will need a brokerage account in order to access the NASDAQ market and buy MGPI shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you are able to invest in MGPI stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on the best stock market app, you can securely and quickly fund your account:
Check out this video walkthrough for more details transferring funds into your brokerage account.
Step 4: Research Mgp Ingredients stock
Once you have chosen the best place to buy Mgp Ingredients stock, it's crucial to research their stock before you buy, so you can wrap your head around the risk as well as the upside.
Mgp Ingredients stock data
MGPI Overview
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on MGPI's stock page.
Is MGPI stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge MGPI's true value.
Using relative valuations metrics:
- MGPI may be undervalued based on its P/E ratio of 7.49x, relative to Beverages - Wineries & Distilleries industry P/E ratio of 23.33x
- MGPI may be undervalued based on its P/B ratio of 0.87x, relative to Beverages - Wineries & Distilleries industry P/B ratio of 4.7x
You can do additional valuation analysis on MGPI's stock here.
Is MGPI a healthy company?
Pros:
- MGPI earnings of $149.82M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the MGPI balance sheet.
- There are more short-term assets than short-term liabilities on the MGPI balance sheet.
- MGPI's operating cash flow of $108.69M allows it to safely service it's debt of $301.66M.
- MGPI profit margin has gone up from 12.1% to 14.4% in the past year.
Cons:
- MGPI has a relatively high debt to equity ratio of 0.58.
- Total MGPI debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy MGPI stock
Out of 5 Equities analysts who give forecasts on MGPI, the consensus analyst rating on Mgp Ingredients is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Mgp Ingredients stock forecast page.
MGPI Momentum
MGPI Growth Metrics
Last year, MGPI earnings were $106.54M. In the past five year, MGPI's earnings have grown by 16.93% per year. This was faster than the Beverages - Wineries & Distilleries industry average of 3.11%.
Last year, MGPI revenue was $737.72M. Over the last 5 year, MGPI's revenue has increased by 14.48% per year. This was faster than the Beverages - Wineries & Distilleries industry average of 7.65%.
You can analyze MGPI's earnings and revenue performance here.
Latest Insiders Trades at MGPI
Over the last year, executives and large shareholders at MGPI have sold more shares than they have bought.
Thomas A. Gerke, Director of MGPI, was the latest MGPI insider to buy. They bought $21,220.43 worth of MGPI shares on Jan 2, 2025.
Dig into more about who owns MGPI stock here.
Does MGPI stock generate passive income?
Mgp Ingredients pays a dividend of 1.33%, compared to the Beverages - Wineries & Distilleries industry's average dividend yield of 2.31%. If you owned $1,000 of MGPI stock, you would have received $13.31 in the past year.
Mgp Ingredients dividend payments have consistently grown over the past decade but have not remained stable.
Get more analysis about Mgp Ingredients dividend yield and history here.
Get analysis from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your MGPI purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Click the Open button and eToro will place the order.
If you require additional help with buying stocks on eToro, click the helpful video below:
Step 6: Track your MGPI investment
Now that you own some shares in MGPI, you'll want to stay up-to-date on your new investment.
Add MGPI to a watchlist to get notified of the latest news about your MGPI stock.
MGPI Feed
How to Buy Stock in Mgp Ingredients
To summarize, here are the 6 steps to buy stock in Mgp Ingredients:
- Choose where to buy Mgp Ingredients stock
- Open your brokerage account
- Deposit funds into your brokerage account
- Research Mgp Ingredients stock
- Place your MGPI purchase
- Track your MGPI investment
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Mgp Ingredients, get started below.
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