Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $45.50 in the prior trading day, MGP Ingredients, Inc (NASDAQ: MGPI) closed at $46.46, up 2.11%. In other words, the price has increased by $2.11 from its previous closing price. On the day, 0.77 million shares were traded. MGPI stock price reached its highest trading level at $48.445 during the session, while it also had its lowest trading level at $46.24.
Ratios:
Our goal is to gain a better understanding of MGPI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.29. For the most recent quarter (mrq), Quick Ratio is recorded 1.94 and its Current Ratio is at 6.46. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.32.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on November 06, 2024, Downgraded its rating to Hold and sets its target price to $50 from $66 previously.
On October 18, 2024, Lake Street Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $135 to $75.
On October 11, 2022, Wedbush started tracking the stock assigning a Outperform rating and target price of $125.Wedbush initiated its Outperform rating on October 11, 2022, with a $125 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Seaberg Karen bought 1,284 shares for $46.75 per share.
Seaberg Karen bought 1,284 shares of MGPI for $60,027 on Nov 25 ’24. On Nov 25 ’24, another insider, Seaberg Karen, who serves as the Director of the company, bought 7,701 shares for $46.75 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGPI now has a Market Capitalization of 1019950272 and an Enterprise Value of 1278175360. As of this moment, MGP’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.64, and their Forward P/E ratio for the next fiscal year is 12.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 1.12. Its current Enterprise Value per Revenue stands at 1.733 whereas that against EBITDA is 6.649.
Stock Price History:
Over the past 52 weeks, MGPI has reached a high of $102.42, while it has fallen to a 52-week low of $44.96. The 50-Day Moving Average of the stock is -28.96%, while the 200-Day Moving Average is calculated to be -39.77%.
Shares Statistics:
The stock has traded on average 394.03K shares per day over the past 3-months and 416380 shares per day over the last 10 days, according to various share statistics. A total of 22.02M shares are outstanding, with a floating share count of 14.02M. Insiders hold about 36.16% of the company’s shares, while institutions hold 78.24% stake in the company. Shares short for MGPI as of 1730332800 were 3803918 with a Short Ratio of 9.65, compared to 1727654400 on 4302318. Therefore, it implies a Short% of Shares Outstanding of 3803918 and a Short% of Float of 33.64.
Dividends & Splits
In the trailing 12 months, MGPI’s forward annual dividend rate was 0.48, compared to 0.48 this year. Against a Trailing Annual Dividend Yield of 0.01054945The stock’s 5-year Average Dividend Yield is 0.72.
