MGP Ingredients Inc. Overview
MGP Ingredients, Inc., a prominent player in the Consumer Staples sector, specializes in the production and marketing of ingredients and distillery products. The company’s diverse product range includes specialty wheat starches and proteins, which are utilized in both food and non-food applications. Additionally, MGP Ingredients offers commodity ingredients such as commodity wheat starches and vital wheat gluten, along with mill feeds. Their distillery products primarily consist of food-grade alcohol.
Financial Snapshot
As of July 29, 2025, MGP Ingredients Inc. closed at a price of $29.37 on the Nasdaq stock exchange. The company’s market capitalization stands at approximately $673.68 million. Over the past year, the stock has experienced significant volatility, reaching a 52-week high of $92.52 on August 25, 2024, and a 52-week low of $25.12 on April 6, 2025. The price-to-earnings ratio is currently 64.062, reflecting the market’s valuation of the company’s earnings potential.
Company Background
Founded in 1988, MGP Ingredients Inc. has established itself as a key supplier in the beverage industry. The company is listed on the Nasdaq and trades in USD. For more detailed information about their product offerings and corporate activities, interested parties can visit their official website at www.mgpingredients.com .
Industry Position
Operating within the beverages sector, MGP Ingredients Inc. plays a crucial role in providing essential ingredients and distillery products to various markets. Their focus on both specialty and commodity ingredients allows them to cater to a wide range of customer needs, from food manufacturers to distilleries.
Conclusion
MGP Ingredients Inc. continues to be a significant entity in the Consumer Staples sector, with a strong emphasis on innovation and quality in their product offerings. Despite recent market fluctuations, the company maintains a robust market presence and a strategic position within the industry.