NASDAQ:NEO - NeoGenomics Stock Price, News, & Analysis

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$21.25 +0.13 (+0.62 %)
(As of 05/27/2019 01:08 AM ET)
Previous Close$21.25
Today's Range$21.1102 - $21.67
52-Week Range$11.05 - $23.85
Volume977,209 shs
Average Volume1.18 million shs
Market Capitalization$2.03 billion
P/E Ratio163.46
Dividend YieldN/A
Beta0.91
NeoGenomics, Inc., together with its subsidiaries, operates a network of cancer-focused genetic testing laboratories in the United States; and laboratories in Switzerland and Singapore. It operates in two segments, Clinical Services and Pharma Services. The company's laboratories provide genetic and molecular testing services to hospitals, pathologists, oncologists, urologists, other clinicians and researchers, pharmaceutical firms, academic centers, and other clinical laboratories. It offers cytogenetics testing services to study normal and abnormal chromosomes and their relationship to diseases; fluorescence in-situ hybridization testing services that focus on detecting and locating the presence or absence of specific DNA sequences and genes on chromosomes; flow cytometry testing services to measure the characteristics of cell populations; immunohistochemistry and digital imaging testing services to localize proteins in cells of a tissue section, as well as to allow clients to see and utilize scanned slides, and perform quantitative analysis for various stains; and molecular testing services, which focus on the analysis of DNA and RNA, and the structure and function of genes at the molecular level. The company also provides pathology consultation services for clients in which its pathologists review surgical samples on a consultative basis; and testing services in support of its pharmaceutical clients' oncology programs covering discovery and commercialization, as well as acts as a reference laboratory supplying anatomic pathology testing services. NeoGenomics, Inc. was founded in 2001 and is headquartered in Fort Myers, Florida.

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Industry, Sector and Symbol

Industry Testing laboratories
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:NEO
CUSIPN/A
Phone239-768-0600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$276.74 million
Cash Flow$0.3147 per share
Book Value$3.39 per share

Profitability

Net Income$2.64 million

Miscellaneous

Employees1,500
Market Cap$2.03 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

NeoGenomics (NASDAQ:NEO) Frequently Asked Questions

What is NeoGenomics' stock symbol?

NeoGenomics trades on the NASDAQ under the ticker symbol "NEO."

How were NeoGenomics' earnings last quarter?

NeoGenomics, Inc. (NASDAQ:NEO) released its earnings results on Tuesday, April, 30th. The medical research company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.03. The medical research company had revenue of $95.60 million for the quarter, compared to analyst estimates of $89.71 million. NeoGenomics had a negative net margin of 0.14% and a positive return on equity of 3.07%. The firm's quarterly revenue was up 50.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.04 EPS. View NeoGenomics' Earnings History.

When is NeoGenomics' next earnings date?

NeoGenomics is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for NeoGenomics.

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

NeoGenomics updated its FY 2019 earnings guidance on Tuesday, April, 30th. The company provided earnings per share guidance of $0.23-0.27 for the period, compared to the Thomson Reuters consensus estimate of $0.24. The company issued revenue guidance of $384-400 million, compared to the consensus revenue estimate of $385.07.

What price target have analysts set for NEO?

10 equities research analysts have issued 1 year price objectives for NeoGenomics' stock. Their forecasts range from $15.00 to $24.00. On average, they expect NeoGenomics' share price to reach $19.50 in the next twelve months. This suggests that the stock has a possible downside of 8.2%. View Analyst Price Targets for NeoGenomics.

What is the consensus analysts' recommendation for NeoGenomics?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NeoGenomics in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NeoGenomics.

What are Wall Street analysts saying about NeoGenomics stock?

Here are some recent quotes from research analysts about NeoGenomics stock:
  • 1. According to Zacks Investment Research, "NeoGenomics, Inc. is a high-complexity CLIA-certified clinical laboratory that specializes in cancer genetics diagnostic testing, the fastest growing segment of the laboratory industry. The company's testing services include cytogenetics, fluorescence in-situ hybridization, flow cytometry, morphology studies, anatomic pathology and molecular genetic testing. Headquartered in Fort Myers, FL, NeoGenomics has labs in Nashville, TN, Irvine, CA and Fort Myers and services the needs of pathologists, oncologists, urologists, hospitals and other reference laboratories throughout the United States. " (5/7/2019)
  • 2. BTIG Research analysts commented, "Raising Our PT Earlier this week, we hosted investor meetings with Chairman and CEO Bill Bonello. The general tone was upbeat with majority of the discussions focused on the oncology market opportunity, competitive landscape given recent M&A and use of cash. We felt the overarching theme was the breadth of NEO’s testing capabilities being a competitive differentiator particularly on the clinical trial side. The recently announced agreement with PPD (Private) to be the chief oncology provider would be upside to our current estimates. We are increasing our target EV/sales multiple and PT to $15 (from $11) on increased confidence in Pharma Services, and continued market share capture of clinical testing. Additionally, as NEO moves upstream into higher-end testing, we feel its multiple should more closely match those of specialty cancer testing peers." (6/21/2018)

Has NeoGenomics been receiving favorable news coverage?

Press coverage about NEO stock has trended somewhat negative on Monday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. NeoGenomics earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the medical research company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of NeoGenomics' key competitors?

What other stocks do shareholders of NeoGenomics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NeoGenomics investors own include Alibaba Group (BABA), Gilead Sciences (GILD), Micron Technology (MU), NVIDIA (NVDA), Johnson & Johnson (JNJ), Intel (INTC), AbbVie (ABBV), Cisco Systems (CSCO), Exelixis (EXEL) and Netflix (NFLX).

Who are NeoGenomics' key executives?

NeoGenomics' management team includes the folowing people:
  • Mr. Douglas M. VanOort, Chairman & CEO (Age 64)
  • Ms. Sharon A. Virag, Chief Financial Officer (Age 52)
  • Dr. Lawrence M. Weiss M.D., Chief Scientific Officer (Age 62)
  • Mr. William Bishop Bonello, Chief Strategy & Corp. Devel. Officer and Director of Investor Relations (Age 54)
  • Mr. George A. Cardoza, Pres of Pharma Services Division (Age 57)

Who are NeoGenomics' major shareholders?

NeoGenomics' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.50%), Janus Henderson Group PLC (5.35%), Eagle Asset Management Inc. (2.84%), Emerald Advisers LLC (1.97%), Emerald Mutual Fund Advisers Trust (1.97%) and Granite Investment Partners LLC (1.85%). Company insiders that own NeoGenomics stock include Alison L Hannah, Electric Co General, George Cardoza, Jennifer Balliet, Kevin C Johnson, Lynn A Tetrault, Raymond R Hipp, Robert J Shovlin, Steven A Ross, Steven C Jones and William Bonello. View Institutional Ownership Trends for NeoGenomics.

Which institutional investors are selling NeoGenomics stock?

NEO stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Cowen Prime Services LLC, Marshall Wace LLP, Summit Creek Advisors LLC, SG Americas Securities LLC, Oxford Asset Management LLP, Falcon Point Capital LLC and Cowen Prime Services LLC. Company insiders that have sold NeoGenomics company stock in the last year include Electric Co General, George Cardoza, Jennifer Balliet, Kevin C Johnson, Lynn A Tetrault, Raymond R Hipp, Robert J Shovlin, Steven C Jones and William Bonello. View Insider Buying and Selling for NeoGenomics.

Which institutional investors are buying NeoGenomics stock?

NEO stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Principal Financial Group Inc., Eagle Asset Management Inc., Northern Trust Corp, Granite Investment Partners LLC, Rhumbline Advisers, GAM Holding AG and Arizona State Retirement System. Company insiders that have bought NeoGenomics stock in the last two years include Alison L Hannah and Kevin C Johnson. View Insider Buying and Selling for NeoGenomics.

How do I buy shares of NeoGenomics?

Shares of NEO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is NeoGenomics' stock price today?

One share of NEO stock can currently be purchased for approximately $21.25.

How big of a company is NeoGenomics?

NeoGenomics has a market capitalization of $2.03 billion and generates $276.74 million in revenue each year. The medical research company earns $2.64 million in net income (profit) each year or $0.13 on an earnings per share basis. NeoGenomics employs 1,500 workers across the globe.

What is NeoGenomics' official website?

The official website for NeoGenomics is http://www.neogenomics.com/.

How can I contact NeoGenomics?

NeoGenomics' mailing address is 12701 COMMONWEALTH DRIVE SUITE 9, FORT MYERS FL, 33913. The medical research company can be reached via phone at 239-768-0600 or via email at [email protected]


MarketBeat Community Rating for NeoGenomics (NASDAQ NEO)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  326 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  534
MarketBeat's community ratings are surveys of what our community members think about NeoGenomics and other stocks. Vote "Outperform" if you believe NEO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/27/2019 by MarketBeat.com Staff

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