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NASDAQ:NEOG

Neogen Stock Forecast, Price & News

$78.25
+0.92 (+1.19 %)
(As of 09/30/2020 12:00 AM ET)
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Today's Range
$77.39
Now: $78.25
$79.67
50-Day Range
$73.23
MA: $75.61
$78.89
52-Week Range
$48.91
Now: $78.25
$82.06
Volume249,755 shs
Average Volume214,251 shs
Market Capitalization$4.15 billion
P/E Ratio69.25
Dividend YieldN/A
Beta0.62
Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment primarily offers diagnostic test kits and complementary to detect dangerous and/or unintended substances in human food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test for adenosine triphosphate, a chemical found in living cells. This segment offers its products primarily to food and feed, and grain processors and processors; meat and poultry processors, seafood processors, fruit and vegetable producers, and dairies; laboratories; and producers of pharmaceuticals, cosmetics, veterinary vaccines, and nutraceutical products. The Animal Safety segment provides veterinary instruments, pharmaceuticals, vaccines, topical and diagnostic products, rodenticides, cleaners, disinfectants, insecticides, and genomics testing services for the animal safety market. This segment offers various products for researchers to detect biologically active substances. Its drug detection immunoassay test kits are used for the detection of abused and therapeutic drugs in farm and racing animals; detection of drug residues in meat and meat products; and human forensic toxicology drug screening applications. In addition, this segment's products are also used to maintain sanitary conditions and limit the potential hazards of bacteria, fungi, and viruses. The company sells its products directly, as well as through distributors and retail chains. Neogen Corporation was founded in 1981 and is headquartered in Lansing, Michigan.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.98 out of 5 stars


Industry, Sector and Symbol

Industry Diagnostic substances
Sub-IndustryHealth Care Supplies
SectorMedical
Current SymbolNASDAQ:NEOG
CUSIP64049110
Phone517-372-9200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$418.17 million
Cash Flow$1.51 per share
Book Value$13.76 per share

Profitability

Net Income$59.47 million

Miscellaneous

Employees1,764
Market Cap$4.15 billion
Next Earnings Date12/28/2020 (Estimated)
OptionableOptionable
$78.25
+0.92 (+1.19 %)
(As of 09/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Neogen (NASDAQ:NEOG) Frequently Asked Questions

How has Neogen's stock price been impacted by Coronavirus (COVID-19)?

Neogen's stock was trading at $60.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NEOG shares have increased by 28.8% and is now trading at $78.25.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Neogen?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Neogen in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Neogen
.

When is Neogen's next earnings date?

Neogen is scheduled to release its next quarterly earnings announcement on Monday, December 28th 2020.
View our earnings forecast for Neogen
.

How were Neogen's earnings last quarter?

Neogen Co. (NASDAQ:NEOG) posted its quarterly earnings data on Tuesday, September, 22nd. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.28 by $0.02. The company earned $109.33 million during the quarter, compared to the consensus estimate of $105.79 million. Neogen had a net margin of 14.22% and a return on equity of 8.53%. The business's quarterly revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business posted $0.28 earnings per share.
View Neogen's earnings history
.

When did Neogen's stock split? How did Neogen's stock split work?

Neogen's stock split before market open on Tuesday, January 2nd 2018. The 4-3 split was announced on Friday, December 8th 2017. The newly minted shares were payable to shareholders after the closing bell on Friday, December 29th 2017. An investor that had 100 shares of Neogen stock prior to the split would have 133 shares after the split.

How will Neogen's stock buyback program work?

Neogen declared that its Board of Directors has authorized a share repurchase plan on Wednesday, October 10th 2018, which authorizes the company to buyback 3,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

What price target have analysts set for NEOG?

3 brokers have issued 12-month target prices for Neogen's stock. Their forecasts range from $75.00 to $88.00. On average, they expect Neogen's stock price to reach $81.50 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts' price targets for Neogen
.

Who are some of Neogen's key competitors?

What other stocks do shareholders of Neogen own?

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), WP Carey (WPC), Advanced Micro Devices (AMD) and Costco Wholesale (COST).

Who are Neogen's key executives?

Neogen's management team includes the following people:
  • Mr. James L. Herbert, Exec. Chairman (Age 79)
  • Mr. John Edward Adent, CEO & Pres (Age 51)
  • Mr. Steven J. Quinlan, VP, CFO & Sec. (Age 57)
  • Ms. Terri A. Morrical, VP of Animal Safety Operations (Age 54)
  • Mr. Rod Poland, Director of Corp. Communications

What is Neogen's stock symbol?

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

How do I buy shares of Neogen?

Shares of NEOG 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, Robinhood, Fidelity, and Charles Schwab.

What is Neogen's stock price today?

One share of NEOG stock can currently be purchased for approximately $78.25.

How big of a company is Neogen?

Neogen has a market capitalization of $4.15 billion and generates $418.17 million in revenue each year. The company earns $59.47 million in net income (profit) each year or $1.13 on an earnings per share basis. Neogen employs 1,764 workers across the globe.

What is Neogen's official website?

The official website for Neogen is www.neogen.com.

How can I contact Neogen?

Neogen's mailing address is 620 LESHER PLACE, LANSING MI, 48912. The company can be reached via phone at 517-372-9200 or via email at [email protected]

This page was last updated on 10/1/2020 by MarketBeat.com Staff

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