EPS growth is an important number as it indicates the future prospects of MGP Ingredients. It is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 4.70 % over the last twelve months. EPS growth is a vital measure of execution of the strategy for MGP Ingredients since it indicates how well the business is allocating resources to benefit shareholders.



MGP Ingredients trades as part of the consumer packaged goods industry and is in the consumer defensive sector. The company CEO is Augustus Griffin. MGP Ingredients Inc through its subsidiaries is engaged in producing distillery products derived from corn and other feedstock including rye, barley, barley malt and milo; and ingredient products derived from wheat flour to serve packaged goods industry.

Previous Intraday Performance:

The MGPI shares had a previous change of -3.96% which opened at 67.50 and closed at 64.95. It moved to an intraday high of 68.95 and a low of 64.45.

SeekingAlpha:  MGP Ingredients Inc (MGPI) CEO Gus Griffin on Q3 2018 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, MGPI shares returned -4.49% and in the past 30 trading days it returned -9.74%. Over three months, it changed -11.17%. In one year it has changed -9.73% and within that year its 52-week high was 99.73 and its 52-week low was 64.06. MGPI stock is 1.39% above its 52 Week Low.

Our calculations result in a 200 day moving average of 81.67 and a 50 day moving average of 71.81. Right now, MGPI stock is trading -20.47% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  MGP Ingredients Inc (MGPI) CEO Gus Griffin on Q3 2018 Results – Earnings Call Transcript

Liquidity:

The company has a market cap of $1.1b with 16.9m shares outstanding and a float of 15.6m shares. Trading volume was 116,688 shares and has experienced an average volume of 181,451 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for MGP Ingredients was 2.43 which ended on 31st of December 2017, which according to the previous close, that is a PE of 26.73. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.51. The trailing twelve month EPS is 2.03, which comes to a trailing twelve month PE of 32.00.

Below was the last reported quarterly earnings per share:
09-30-2018:  0.52
06-30-2018:  0.44
03-31-2018:  0.52
12-31-2017:  0.55



The dividend per share is currently 0.32, which is a dividend yield of 0.49%. Also, the payout ratio is 15.76%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 19.71, which means it might overvalued by -229.51%

Indicators Also to Watch:

Based on the latest filings, there is 53.80% of institutional ownership. Short-interest was 0, which was 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.00.

I calculated the beta to be 1.20

SeekingAlpha:  HD Supply to repurchase additional common stock of $500M

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 21.50%, return on assets is 14.81%, profit margin is 10.32%, price-to-sales is 3.15 and price-to-book is 5.99.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 6  : Financial Safety Result
 4  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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