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The latest update is out from MGP Ingredients ( (MGPI) ).
On May 20, 2025, MGP Ingredients held its Annual Meeting of Stockholders, where directors were elected, KPMG LLP’s appointment as the independent accounting firm was ratified, and executive compensation was approved. On May 27, 2025, MGP announced leadership changes with Martin Roper elected as Chairman of the Board. Roper, who joined the board in April 2025, brings extensive industry experience and aims to enhance MGP’s strategic priorities and shareholder value. The board also appointed new chairs for its Audit, Nominating and Governance, and Human Resources and Compensation Committees, signaling a strategic shift as MGP evolves into a premier branded spirits organization.
The most recent analyst rating on (MGPI) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on MGP Ingredients stock, see the MGPI Stock Forecast page.
Spark’s Take on MGPI Stock
According to Spark, TipRanks’ AI Analyst, MGPI is a Neutral.
MGP Ingredients’ stock score reflects strong cash flow and balance sheet fundamentals but is moderated by significant valuation concerns and declining profitability metrics. While strategic initiatives and cash flow improvements offer some optimism, challenges in sales and EBITDA weigh heavily on the overall outlook.
To see Spark’s full report on MGPI stock, click here.
More about MGP Ingredients
MGP Ingredients, Inc. (Nasdaq: MGPI) is a prominent provider in the alcoholic beverage and specialty ingredient industries, operating through three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions. The company is recognized for its premium spirits brands, including Penelope, Rebel, Remus, and Yellowstone bourbons, and El Mayor tequila. With distilleries in Indiana, Kentucky, and a joint venture in Mexico, MGP serves renowned spirits brands globally. Additionally, MGP offers high-quality specialty ingredients for food products.
Average Trading Volume: 396,105
Technical Sentiment Signal: Sell
Current Market Cap: $649.2M
For an in-depth examination of MGPI stock, go to TipRanks’ Stock Analysis page.
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