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Stock impact report

1 Cash-Producing Stock on Our Buy List and 2 We Brush Off [Yahoo! Finance]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Yahoo! Finance
Cash flow is valuable, but it's not everything - StockStory helps you identify the companies that truly put it to work. That said, here is one cash-producing company that excels at turning cash into shareholder value and two best left off your watchlist. Trailing 12-Month Free Cash Flow Margin: 10.7% Headquartered in Atchison, Kansas, MGP Ingredients (NASDAQ:MGPI) is a leading supplier of high-quality ingredients to the food and beverage industry Why Do We Think MGPI Will Underperform? Annual sales declines of 8.6% for the past three years show its products struggled to connect with the market Projected sales decline of 13.5% over the next 12 months indicates demand will continue deteriorating Operating margin declined by 18.3 percentage points over the last year as its sales cratered At $25.16 per share, MGP Ingredients trades at 11x forward P/E. Read our free research report to see why you should think twice about including MGPI in your portfolio, it's free Trailing Show less Read more
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