MGP Ingredients, Inc.

Last price update: 07 Oct 24 23:00 GMT

Price:
$80.04
Open:
$80.36
Previous close:
$80.36
Day's range:
$78.73 - $80.36
Year's range:
$68.86 - $104.73
Net Income per Share:
4.33
Price-to-Earnings ratio:
18.48
52-week Price Range:
$84.95
Volume:
$203,127.00
Average volume:
$179,256.00

Company profile for MGP Ingredients, Inc.

MGP Ingredients, Inc. logo

MGP Ingredients, Inc. is a company that produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products, Branded Spirits, and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications such as bourbon and rye whiskeys, grain neutral spirits such as vodka and gin, and food-grade industrial alcohol used in foods, personal care products, cleaning solutions, pharmaceuticals, and other products. It also provides fuel-grade alcohol for blending with gasoline, distillers feed and related co-products such as distillers feed and corn oil, and warehouse services. The Branded Spirits segment produces ultra-premium, premium, mid, and value branded distilled spirits. The Ingredient Solutions segment produces specialty wheat starches, wheat proteins, gluten-free textured pea proteins, commodity wheat starch, and commodity wheat proteins. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada.

MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas. It is a publicly-traded company on the NASDAQ Global Market under the ticker symbol MGPI. The company has three manufacturing facilities in Atchison, Kansas; Lawrenceburg, Indiana; and Washington, Iowa. It also has a research and development facility located in Atchison, Kansas. MGP Ingredients, Inc. is a leader in the production of food grade alcohol and specialty wheat proteins and starches. It is also the largest producer of premium and super-premium distilled spirits in the United States. The company has a long history of innovation and has won numerous awards for its products.

Stock exchanges:
NASDAQ
Sector:
Consumer Defensive
Industries:
Beverages
Ticker:
MGPI
CIK:
835011
ISIN:
US55303J1060
Website:
https://www.mgpingredients.com
Phone:
913 367 1480
Origin:
United States
Employees:
672