Neogen Corp [NEOG] stock prices are up 5.69% to $5.20 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NEOG shares have gain 13.04% over the last week, with a monthly amount drifted -38.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Neogen Corp [NASDAQ: NEOG] stock has seen the most recent analyst activity on December 19, 2024, when Guggenheim initiated its Buy rating and assigned the stock a price target of $15. Previously, Wells Fargo started tracking the stock with Overweight rating on June 16, 2023, and set its price target to $22. On November 22, 2022, upgrade upgraded it’s rating to Outperform. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $25 on July 12, 2022. Guggenheim initiated its recommendation with a Neutral. In a note dated July 14, 2017, CL King initiated an Neutral rating.
The stock price of Neogen Corp [NEOG] has been fluctuating between $3.87 and $18.58 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 $5.20 at the most recent close of the market. An investor can expect a potential return of 236.54% based on the average NEOG price forecast.
Analyzing the NEOG fundamentals
The Neogen Corp [NASDAQ:NEOG] reported sales of 906.00M for trailing twelve months, representing a drop of -3.42%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -0.48%, Pretax Profit Margin comes in at -0.56%, and Net Profit Margin reading is -0.54%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.17 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
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 4.91 points at the first support level, and at 4.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.38, and for the 2nd resistance point, it is at 5.57.
Ratios To Look Out For
It’s worth pointing out that Neogen Corp [NASDAQ:NEOG]’s Current Ratio is 3.91. As well, the Quick Ratio is 2.45, while the Cash Ratio is 0.9. Considering the valuation of this stock, the price to sales ratio is 1.25, the price to book ratio is 0.42.
Transactions by insiders
Recent insider trading involved BOEHM WILLIAM T, Director, that happened on Apr 24 ’25 when 5000.0 shares were purchased. Director, BOREL JAMES C completed a deal on Apr 24 ’25 to buy 35000.0 shares. Meanwhile, Chief Legal Officer Rocklin Amy M bought 12500.0 shares on Apr 23 ’25.