Neogen (NEOG) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Neogen in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" NEOG shares.
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3 equities research analysts have issued 1-year price objectives for Neogen's shares. Their NEOG share price forecasts range from $24.00 to $28.00. On average, they expect the company's share price to reach $26.00 in the next twelve months. This suggests a possible upside of 48.7% from the stock's current price.
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Neogen's stock was trading at $15.23 at the start of the year. Since then, NEOG stock has increased by 14.8% and is now trading at $17.49.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 10th 2023.
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Neogen will be holding an earnings conference call on Tuesday, October 10th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6567809".

Neogen Co. (NASDAQ:NEOG) released its quarterly earnings data on Thursday, July, 27th. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.11. The business earned $241.80 million during the quarter, compared to analyst estimates of $227.72 million. Neogen had a negative net margin of 2.78% and a positive trailing twelve-month return on equity of 4.06%. The company's revenue was up 71.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 earnings per share.

ETFs with the largest weight of Neogen (NASDAQ:NEOG) stock in their portfolio include SPDR S&P Health Care Equipment ETF (XHE), iShares Emergent Food and AgTech Multisector ETF (IVEG), VanEck Agribusiness ETF (MOO), Franklin U.S. Small Cap Multifactor Index ETF (FLQS), ProShares MSCI Transformational Changes ETF (ANEW), iShares Russell 2000 Value ETF (IWN), Invesco S&P MidCap 400 GARP ETF (EWMC) and iShares Russell 2000 ETF (IWM).

Neogen's stock 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 distributed 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.

Neogen issued an update on its FY 2024 earnings guidance on Thursday, July, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $955.00 million-$985.00 million.

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.

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).

Neogen trades on the NASDAQ under the ticker symbol "NEOG."

Shares of NEOG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NEOG stock can currently be purchased for approximately $17.49.

Neogen (NASDAQ:NEOG) has a market capitalization of $3.78 billion and generates $822.45 million in revenue each year. The company earns $-22,870,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis.

The company employs 2,640 workers across the globe.

Neogen's mailing address is 620 LESHER PLACE, LANSING MI, 48912. The official website for the company is www.neogen.com. The company can be reached via phone at (517) 372-9200, via email at ir@neogen.com, or via fax at 517-372-2006.