Neogen Corp. [NEOG] stock is trading at $17.46, down -0.40%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NEOG shares have gain 8.25% over the last week, with a monthly amount glided 6.79%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Neogen Corp. [NASDAQ: NEOG] stock has seen the most recent analyst activity on June 16, 2023, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $22. Previously, William Blair upgraded its rating to Outperform on November 22, 2022. On July 12, 2022, Piper Sandler initiated with a Neutral rating and assigned a price target of $25 on the stock. Guggenheim started tracking the stock assigning a Neutral rating. In a note dated June 05, 2014, William Blair initiated an Mkt Perform rating.
Neogen Corp. [NEOG] stock has fluctuated between $11.46 and $20.89 over the past year. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. Neogen Corp. [NASDAQ: NEOG] shares were valued at $17.46 at the most recent close of the market. An investor can expect a potential return of 0.23% based on the average NEOG price forecast.
Analyzing the NEOG fundamentals
Neogen Corp. [NASDAQ:NEOG] reported sales of 924.22M for the trailing twelve months, which represents a drop of -2.07%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.28.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.28 points at the first support level, and at 17.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.60, and for the 2nd resistance point, it is at 17.75.
Ratios To Look Out For
For context, Neogen Corp.’s Current Ratio is 3.82. In addition, the Quick Ratio stands at 2.59 and the Cash Ratio stands at 1.11. Considering the valuation of this stock, the price to sales ratio is 4.09, the price to book ratio is 1.20.
Transactions by insiders
Recent insider trading involved Tobin James P, Director, that happened on Aug 06 ’24 when 3000.0 shares were purchased. Chief Operating Officer, Jones Douglas Edward completed a deal on Apr 17 ’24 to buy 10000.0 shares. Meanwhile, Director BOREL JAMES C bought 7500.0 shares on Apr 11 ’24.
