At the time of writing, Neogen Corp [NEOG] stock is trading at $5.53, down -1.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The NEOG shares have gain 6.14% over the last week, with a monthly amount drifted -13.32%, 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.
For the past year, the stock price of Neogen Corp fluctuated between $3.87 and $18.58. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Neogen Corp [NASDAQ: NEOG] shares were valued at $5.53 at the most recent close of the market. An investor can expect a potential drop of -9.58% based on the average NEOG price forecast.
Analyzing the NEOG fundamentals
According to Neogen Corp [NASDAQ:NEOG], the company’s sales were 906.00M for trailing twelve months, which represents an -3.42% plunge. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
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 5.43 points at the first support level, and at 5.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.64, and for the 2nd resistance point, it is at 5.76.
Ratios To Look Out For
It is important to note that Neogen Corp [NASDAQ:NEOG] has a current ratio of 3.91. On the other hand, the Quick Ratio is 2.45, and the Cash Ratio is 0.9. Considering the valuation of this stock, the price to sales ratio is 1.32, the price to book ratio is 0.45.
Transactions by insiders
Recent insider trading involved Gupta Aashima, Director, that happened on May 12 ’25 when 16000.0 shares were purchased. Director, Woteki Catherine E completed a deal on Apr 25 ’25 to buy 5770.0 shares. Meanwhile, Director BOREL JAMES C bought 30000.0 shares on Apr 24 ’25.
