Contrasting MGP Ingredients (MGPI) & The Competition
MGP Ingredients (NASDAQ: MGPI) is one of 50 public companies in the “Food Processing” industry, but how does it compare to its rivals? We will compare MGP Ingredients to related businesses based on the strength of its analyst recommendations, valuation, profitability, dividends, institutional ownership, earnings and risk.
Volatility & Risk
MGP Ingredients has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500. Comparatively, MGP Ingredients’ rivals have a beta of 0.71, suggesting that their average share price is 29% less volatile than the S&P 500.
This is a summary of recent ratings and price targets for MGP Ingredients and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|MGP Ingredients Competitors||358||1653||1888||61||2.42|
MGP Ingredients currently has a consensus price target of $66.00, suggesting a potential upside of 11.51%. As a group, “Food Processing” companies have a potential downside of 0.70%. Given MGP Ingredients’ stronger consensus rating and higher probable upside, equities analysts plainly believe MGP Ingredients is more favorable than its rivals.
MGP Ingredients pays an annual dividend of $0.16 per share and has a dividend yield of 0.3%. MGP Ingredients pays out 8.4% of its earnings in the form of a dividend. As a group, “Food Processing” companies pay a dividend yield of 2.4% and pay out 58.4% of their earnings in the form of a dividend.
Earnings & Valuation
This table compares MGP Ingredients and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|MGP Ingredients||$333.96 million||$51.47 million||31.15|
|MGP Ingredients Competitors||$8.38 billion||$1.04 billion||22.57|
MGP Ingredients’ rivals have higher revenue and earnings than MGP Ingredients. MGP Ingredients is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
This table compares MGP Ingredients and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|MGP Ingredients Competitors||4.09%||11.51%||4.84%|
Institutional & Insider Ownership
98.4% of MGP Ingredients shares are held by institutional investors. Comparatively, 63.5% of shares of all “Food Processing” companies are held by institutional investors. 23.5% of MGP Ingredients shares are held by company insiders. Comparatively, 12.2% of shares of all “Food Processing” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
MGP Ingredients beats its rivals on 11 of the 15 factors compared.
MGP Ingredients Company Profile
MGP Ingredients, Inc. is a producer and supplier of distilled spirits, and specialty wheat protein and starch food ingredients. The Company’s distilled spirits include bourbon and rye whiskeys, and grain neutral spirits, including vodka and gin. The Company’s segments include distillery products and ingredient solutions. The distillery products segment consists of food grade alcohol and distillery co-products, such as distillers feed and fuel grade alcohol. The ingredient solutions segment consists of specialty starches and proteins, commodity starches and commodity proteins. The distillery products segment also includes warehouse services, including barrel put away, barrel storage, and barrel retrieval services. It is also a producer of industrial alcohol for use in both food and non-food applications. The Company’s distillery products are derived from corn and other grains (including rye, barley, wheat, barley malt and milo), and its ingredient products are derived from wheat flour.
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