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

OverviewForecast
EarningsDividendOwnership

Analyst price target for MGPI

Based on 2 analysts offering 12 month price targets for Mgp Ingredients Inc.
Min Forecast
$118.00+24.84%
Avg Forecast
$123.00+30.13%
Max Forecast
$128.00+35.42%

Should I buy or sell MGPI stock?

Based on 2 analysts offering ratings for Mgp Ingredients Inc.
Strong Buy
Strong Buy
1 analysts 50%
Buy
1 analysts 50%
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
Wedbush
Bottom 24%
24
BuyReiterates$128.00+35.42%2023-05-18
Wells Fargo
Bottom 37%
37
Strong BuyMaintains$118.00+24.84%2023-02-02

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Forecast return on equity

Is MGPI forecast to generate an efficient return?
Company
17.73%
Industry
28.42%
Market
90.31%
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
11.64%
Industry
7.94%
MGPI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MGPI earnings growth forecast

How is MGPI forecast to perform vs Packaged Foods companies and vs the US market?
Company
10.52%
Industry
8.57%
Market
35.17%
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
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Forecast Earnings Growth vs Savings Rate Forecast

MGPI revenue growth forecast

How is MGPI forecast to perform vs Packaged Foods companies and vs the US market?
Company
6.02%
Industry
2.09%
Market
8.84%
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 Food Stocks

TickerPricePrice TargetUp/downsideConsensus
MGPI$94.52$123.00+30.13%Strong Buy
CENT$36.70$45.00+22.62%Strong Buy
SOVO$18.42$20.33+10.39%Strong Buy
UTZ$16.45$19.50+18.54%Hold
BRFS$1.56$1.50-3.85%Hold
View Top Food Stocks

Mgp Ingredients Stock Forecast FAQ

Is Mgp Ingredients Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: MGPI) stock is to Strong Buy MGPI stock.

Out of 2 analysts, 1 (50%) are recommending MGPI as a Strong Buy, 1 (50%) 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 forecast return on equity (ROE) for 2023-2025?

(NASDAQ: MGPI) forecast ROE is 17.73%, which is considered weak.

What is MGPI's Price Target?

According to 2 Wall Street analysts that have issued a 1 year MGPI price target, the average MGPI price target is $123.00, with the highest MGPI stock price forecast at $128.00 and the lowest MGPI stock price forecast at $118.00.

On average, Wall Street analysts predict that Mgp Ingredients's share price could reach $123.00 by May 18, 2024. The average Mgp Ingredients stock price prediction forecasts a potential upside of 30.13% from the current MGPI share price of $94.52.

What is MGPI's forecast return on assets (ROA) for 2023-2025?

(NASDAQ: MGPI) forecast ROA is 11.64%, which is higher than the forecast US Packaged Foods industry average of 7.94%.
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