MGP Ingredients, Inc. (MGPI) Analysts See $0.55 EPS; 3 Analysts Bullish EnLink Midstream, (ENLC)

April 23, 2018 - By Darrin Black

EnLink Midstream, LLC (NYSE:ENLC) Logo

Analysts expect MGP Ingredients, Inc. (NASDAQ:MGPI) to report $0.55 EPS on May, 3.They anticipate $0.05 EPS change or 10.00% from last quarter’s $0.5 EPS. MGPI’s profit would be $9.26M giving it 41.94 P/E if the $0.55 EPS is correct. After having $0.55 EPS previously, MGP Ingredients, Inc.’s analysts see 0.00% EPS growth. The stock increased 0.85% or $0.78 during the last trading session, reaching $92.27. About 1,520 shares traded. MGP Ingredients, Inc. (NASDAQ:MGPI) has risen 61.96% since April 23, 2017 and is uptrending. It has outperformed by 50.41% the S&P500.

Among 21 analysts covering EnLink Midstream LLC (NYSE:ENLC), 3 have Buy rating, 3 Sell and 15 Hold. Therefore 14% are positive. EnLink Midstream LLC had 72 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by Citigroup on Tuesday, August 11 with “Buy”. The firm has “Buy” rating by UBS given on Wednesday, September 9. As per Thursday, November 5, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Sunday, July 30 with “Hold”. RBC Capital Markets maintained EnLink Midstream, LLC (NYSE:ENLC) rating on Friday, September 2. RBC Capital Markets has “Sector Perform” rating and $19.0 target. The firm has “Underweight” rating given on Wednesday, April 4 by JP Morgan. The stock has “Neutral” rating by Bank of America on Monday, December 21. The firm earned “Overweight” rating on Thursday, September 24 by Barclays Capital. Robert W. Baird maintained EnLink Midstream, LLC (NYSE:ENLC) rating on Friday, November 17. Robert W. Baird has “Hold” rating and $21.0 target. The rating was initiated by Simmons & Co with “Overweight” on Thursday, August 27. See EnLink Midstream, LLC (NYSE:ENLC) latest ratings:

17/04/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $19 New Target: $15 Maintain
16/04/2018 Broker: Guggenheim Rating: Hold New Target: $16.0000 Maintain
09/04/2018 Broker: Seaport Global Rating: Hold New Target: $14.0000 Maintain
04/04/2018 Broker: J.P. Morgan Rating: Sell New Target: $16.0000 Downgrade
04/04/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Old Target: $17 Downgrade
27/03/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $17 New Target: $15 Maintain
14/03/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $18 New Target: $17 Maintain
02/03/2018 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $20 New Target: $19 Maintain
27/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $16.0 Maintain
22/02/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $18 New Target: $17 Maintain

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. The company has market cap of $1.55 billion. The firm operates through two divisions, Distillery Products and Ingredient Solutions. It has a 37.85 P/E ratio. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products, as well as for various industrial processors.

Among 4 analysts covering MGP Ingredients (NASDAQ:MGPI), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. MGP Ingredients had 7 analyst reports since May 25, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, January 31 by Sidoti. As per Wednesday, February 1, the company rating was initiated by Sidoti. The stock of MGP Ingredients, Inc. (NASDAQ:MGPI) has “Hold” rating given on Tuesday, March 6 by Stifel Nicolaus. The rating was initiated by Craig Hallum with “Buy” on Wednesday, May 25. On Thursday, March 1 the stock rating was maintained by SunTrust with “Buy”. The stock of MGP Ingredients, Inc. (NASDAQ:MGPI) earned “Buy” rating by Craig Hallum on Monday, January 29.

Investors sentiment decreased to 0.65 in Q4 2017. Its down 0.67, from 1.32 in 2017Q3. It worsened, as 12 investors sold MGP Ingredients, Inc. shares while 53 reduced holdings. 18 funds opened positions while 24 raised stakes. 15.66 million shares or 4.48% less from 16.40 million shares in 2017Q3 were reported. holds 0% or 8,697 shares. Barclays Public Lc has 0% invested in MGP Ingredients, Inc. (NASDAQ:MGPI) for 4,249 shares. Teton Advsr Inc holds 0.47% or 65,900 shares in its portfolio. State Common Retirement Fund invested in 0% or 28,105 shares. Sns Grp Limited holds 0.14% or 7,500 shares in its portfolio. State Of Wisconsin Invest Board holds 139,440 shares or 0.03% of its portfolio. Manufacturers Life Insur The holds 0% or 9,944 shares in its portfolio. Jennison Assocs Lc accumulated 179,041 shares or 0.01% of the stock. Millrace Asset reported 1.39% stake. The Massachusetts-based State Street has invested 0% in MGP Ingredients, Inc. (NASDAQ:MGPI). Aperio Group Incorporated Limited Com has 4,510 shares. Walthausen And holds 1.09% of its portfolio in MGP Ingredients, Inc. (NASDAQ:MGPI) for 150,060 shares. Credit Suisse Ag reported 0% stake. Country Club Tru Na reported 3,900 shares or 0.04% of all its holdings. Alps Advsrs Incorporated reported 8,059 shares.

Since October 24, 2017, it had 1 insider buy, and 8 selling transactions for $5.16 million activity. Seaberg Karen also sold $401,856 worth of MGP Ingredients, Inc. (NASDAQ:MGPI) on Thursday, March 22. Glaser Stephen J sold 1,200 shares worth $97,876. Another trade for 10,000 shares valued at $784,392 was sold by DYKSTRA DAVID E. SCHALLER DARYL had sold 20,000 shares worth $1.60 million on Friday, March 9. $54,334 worth of MGP Ingredients, Inc. (NASDAQ:MGPI) was sold by Buttshaw Michael Rodger. 1,000 shares were bought by Griffin Augustus C., worth $76,330 on Tuesday, March 6.

It closed at $14.7 lastly. It is up 21.83% since April 23, 2017 and is downtrending. It has underperformed by 33.38% the S&P500.

EnLink Midstream, LLC gathering, transmission, processing, fractionation, storage, stabilization, brine, and marketing services to producers of natural gas, natural gas liquids, crude oil, and condensate in the United States. The company has market cap of $2.66 billion. The Company’s midstream energy asset network includes approximately 11,000 miles of pipelines; 20 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. It has a 12.73 P/E ratio. The firm was founded in 2013 and is headquartered in Dallas, Texas.

MGP Ingredients, Inc. (NASDAQ:MGPI) Institutional Positions Chart

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