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NASDAQ: MGPI
Mgp Ingredients Inc Stock Forecast, Predictions & Price Target

Analyst price target for MGPI

Based on 1 analyst offering 12 month price targets for Mgp Ingredients Inc.
Min Forecast
$120.00+51.75%
Avg Forecast
$120.00+51.75%
Max Forecast
$120.00+51.75%

Should I buy or sell MGPI stock?

Based on 1 analyst offering ratings for Mgp Ingredients Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MGPI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-10

1 of 1

Forecast return on equity

Is MGPI forecast to generate an efficient return?
Company
16.24%
Industry
143.26%
Market
29.43%
MGPI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MGPI forecast to generate an efficient return on assets?
Company
9.92%
Industry
33.78%
MGPI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MGPI revenue forecast

What is MGPI's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$755.4M-9.7%
Avg 2 year Forecast
$796.1M-4.84%
MGPI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGPI earnings growth forecast

How is MGPI forecast to perform vs Beverages - Wineries & Distilleries companies and vs the US market?
Company
20.33%
Industry
28.15%
Market
87.21%
MGPI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGPI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MGPI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MGPI revenue growth forecast

How is MGPI forecast to perform vs Beverages - Wineries & Distilleries companies and vs the US market?
Company
-9.7%
Industry
-2.06%
Market
13.75%
MGPI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGPI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGPI vs Wine Stocks

TickerPricePrice TargetUp/downsideConsensus
MGPI$79.08$120.00+51.75%Buy
NAPA$8.29$11.63+40.23%Buy
SNDL$1.98N/AN/A
WVVI$4.40N/AN/A
VWE$0.25N/AN/A

Mgp Ingredients Stock Forecast FAQ

Is Mgp Ingredients Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MGPI) stock is to Buy MGPI stock.

Out of 1 analyst, 0 (0%) are recommending MGPI as a Strong Buy, 1 (100%) are recommending MGPI as a Buy, 0 (0%) are recommending MGPI as a Hold, 0 (0%) are recommending MGPI as a Sell, and 0 (0%) are recommending MGPI as a Strong Sell.

If you're new to stock investing, here's how to buy Mgp Ingredients stock.

What is MGPI's revenue growth forecast for 2024-2025?

(NASDAQ: MGPI) Mgp Ingredients's forecast annual revenue growth rate of -9.7% is not forecast to beat the US Beverages - Wineries & Distilleries industry's average forecast revenue growth rate of -2.06%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.75%.

Mgp Ingredients's revenue in 2024 is $836,523,000.On average, 3 Wall Street analysts forecast MGPI's revenue for 2024 to be $16,667,406,187, with the lowest MGPI revenue forecast at $16,575,262,555, and the highest MGPI revenue forecast at $16,811,579,198.

In 2025, MGPI is forecast to generate $17,565,387,364 in revenue, with the lowest revenue forecast at $17,340,919,651 and the highest revenue forecast at $17,890,780,598.

What is MGPI's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: MGPI) forecast ROA is 9.92%, which is lower than the forecast US Beverages - Wineries & Distilleries industry average of 33.78%.

What is MGPI's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MGPI price target, the average MGPI price target is $120.00, with the highest MGPI stock price forecast at $120.00 and the lowest MGPI stock price forecast at $120.00.

The Wall Street analyst predicted that Mgp Ingredients's share price could reach $120.00 by Apr 10, 2025. The average Mgp Ingredients stock price prediction forecasts a potential upside of 51.75% from the current MGPI share price of $79.08.

What is MGPI's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: MGPI) forecast ROE is 16.24%, which is considered weak.
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