S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
NASDAQ:NEOG

Neogen (NEOG) Stock Price, News & Analysis

$11.61
-0.32 (-2.68%)
(As of 04/19/2024 ET)
Today's Range
$11.51
$12.13
50-Day Range
$11.61
$17.64
52-Week Range
$11.51
$24.09
Volume
1.86 million shs
Average Volume
2.58 million shs
Market Capitalization
$2.51 billion
P/E Ratio
1,162.16
Dividend Yield
N/A
Price Target
$22.50

Neogen MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
93.8% Upside
$22.50 Price Target
Short Interest
Bearish
7.71% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.29mentions of Neogen in the last 14 days
Based on 17 Articles This Week
Insider Trading
Acquiring Shares
$662,205 Bought Last Quarter
Proj. Earnings Growth
28.00%
From $0.50 to $0.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.27 out of 5 stars

Medical Sector

306th out of 911 stocks

Diagnostic Substances Industry

5th out of 10 stocks

NEOG stock logo

About Neogen Stock (NASDAQ:NEOG)

Neogen Corporation, together with its subsidiaries, engages in the development, manufacture, and marketing of various products and services dedicated to food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test to detect the presence of adenosine triphosphate, a chemical found in living cells, as well as provides genomics-based diagnostic technology and software systems that help testers to objectively analyze and store their results and perform analysis on the results from multiple locations over extended periods. The segment offers its products primarily to milling and grain, meat and poultry, prepared foods and ingredients, fruits and vegetables, seafood, dairy, beverage, water, healthcare, traditional culture media markets, food service, and dietary supplements markets. The Animal Safety segment provides veterinary instruments, pharmaceuticals, vaccines, topicals, parasiticides, diagnostic products, rodent control products, cleaners, disinfectants, insect control products, and genomics testing services marketed through veterinarians, retailers, livestock producers, and animal health product distributors, for the animal safety market. The segment offers its products for companion animal veterinarians; livestock producers, veterinarians, and breed associations; retailers; breeding and genetics companies; diagnostic labs and universities; distributors; and other manufacturers and government agencies. Neogen Corporation was incorporated in 1981 and is headquartered in Lansing, Michigan.

NEOG Stock Price History

NEOG Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Neogen Co. (NASDAQ:NEOG) CFO Buys $156,375.00 in Stock
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Neogen (NASDAQ:NEOG) Hits New 52-Week Low on Analyst Downgrade
Neogen (NASDAQ:NEOG) Shares Gap Up on Insider Buying Activity
Neogen Sinks 16% In Pre-market On Lowered Annual Outlook
See More Headlines
Receive NEOG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Neogen and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/09/2024
Today
4/20/2024
Fiscal Year End
5/31/2024
Next Earnings (Estimated)
7/25/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Diagnostic substances
Sub-Industry
Health Care Supplies
Current Symbol
NASDAQ:NEOG
CUSIP
64049110
Employees
2,640
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$22.50
High Stock Price Target
$28.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+93.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-22,870,000.00
Pretax Margin
-0.03%

Debt

Sales & Book Value

Annual Sales
$822.45 million
Cash Flow
$0.87 per share
Book Value
$14.52 per share

Miscellaneous

Free Float
215,070,000
Market Cap
$2.51 billion
Optionable
Optionable
Beta
1.13

Social Links

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

NEOG Stock Analysis - Frequently Asked Questions

Should I buy or sell Neogen stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Neogen in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NEOG shares.
View NEOG analyst ratings
or view top-rated stocks.

What is Neogen's stock price target for 2024?

2 Wall Street research analysts have issued 12 month price objectives for Neogen's stock. Their NEOG share price targets range from $17.00 to $28.00. On average, they predict the company's share price to reach $22.50 in the next twelve months. This suggests a possible upside of 93.8% from the stock's current price.
View analysts price targets for NEOG
or view top-rated stocks among Wall Street analysts.

How have NEOG shares performed in 2024?

Neogen's stock was trading at $20.11 at the beginning of the year. Since then, NEOG shares have decreased by 42.3% and is now trading at $11.61.
View the best growth stocks for 2024 here
.

When is Neogen's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our NEOG earnings forecast
.

How were Neogen's earnings last quarter?

Neogen Co. (NASDAQ:NEOG) released its quarterly earnings data on Tuesday, April, 9th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.14 by $0.02. The company earned $228.80 million during the quarter, compared to analyst estimates of $230.01 million. Neogen had a net margin of 0.17% and a trailing twelve-month return on equity of 3.35%. The business's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.12 EPS.

When did Neogen's stock split?

Shares of Neogen split on the morning of Tuesday, January 2nd 2018. The 4-3 split was announced on Friday, December 8th 2017. The newly created shares were payable to shareholders after the market closes on Friday, December 29th 2017. An investor that had 100 shares of stock prior to the split would have 133 shares after the split.

What guidance has Neogen issued on next quarter's earnings?

Neogen updated its FY 2024 earnings guidance on Tuesday, April, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $910.0 million-$920.0 million, compared to the consensus revenue estimate of $938.2 million.

What is John Adent's approval rating as Neogen's CEO?

31 employees have rated Neogen Chief Executive Officer John Adent on Glassdoor.com. John Adent has an approval rating of 56% among the company's employees. This puts John Adent in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Neogen own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Neogen investors own include NVIDIA (NVDA), NIKE (NKE), Pfizer (PFE), AT&T (T), AbbVie (ABBV), Boeing (BA), JPMorgan Chase & Co. (JPM), W. P. Carey (WPC), Advanced Micro Devices (AMD) and Costco Wholesale (COST).

Who are Neogen's major shareholders?

Neogen's stock is owned by a number of institutional and retail investors. Top institutional shareholders include AMI Asset Management Corp (0.13%), Bridge City Capital LLC (0.08%), Sumitomo Mitsui Trust Holdings Inc. (0.04%), Northwest Investment Counselors LLC (0.03%), State of Michigan Retirement System (0.02%) and Diversified Trust Co (0.02%). Insiders that own company stock include Darci L Vetter, David H Naemura, Douglas Edward Jones, James C Borel, James P Tobin, Jason Warren Lilly, John Edward Adent, Ronald D Green, Steven J Quinlan, Terri A Morrical and William T Boehm.
View institutional ownership trends
.

How do I buy shares of Neogen?

Shares of NEOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NEOG) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners