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NEOG

NEOG - Neogen Corp Stock Price, Fair Value and News

12.33USD-0.09 (-0.72%)Market Closed

Market Summary

NEOG
USD12.33-0.09
Market Closed
-0.72%

NEOG Alerts

  • 4 major insider buys recently.
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

NEOG Stock Price

View Fullscreen

NEOG RSI Chart

NEOG Valuation

Market Cap

2.7B

Price/Earnings (Trailing)

1.7K

Price/Sales (Trailing)

2.87

EV/EBITDA

29.28

Price/Free Cashflow

26.85

NEOG Price/Sales (Trailing)

NEOG Profitability

Operating Margin

78.03%

EBT Margin

-0.03%

Return on Equity

0.05%

Return on Assets

0.03%

Free Cashflow Yield

3.72%

NEOG Fundamentals

NEOG Revenue

Revenue (TTM)

929.2M

Rev. Growth (Yr)

4.84%

Rev. Growth (Qtr)

-0.36%

NEOG Earnings

Earnings (TTM)

1.6M

Earnings Growth (Yr)

-124.69%

Earnings Growth (Qtr)

42.01%

Breaking Down NEOG Revenue

Last 7 days

0.2%

Last 30 days

-21.9%

Last 90 days

-20.4%

Trailing 12 Months

-28.7%

How does NEOG drawdown profile look like?

NEOG Financial Health

Current Ratio

3.82

Debt/Equity

0.28

Debt/Cashflow

0.11

NEOG Investor Care

Shares Dilution (1Y)

0.18%

Diluted EPS (TTM)

-0.01

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024929.2M000
2023720.7M822.4M919.1M918.7M
2022514.5M527.2M531.2M630.7M
2021450.1M468.5M487.4M503.0M
2020418.9M418.2M426.1M433.3M
2019412.5M414.2M416.0M416.7M
2018388.7M397.9M403.3M409.7M
2017352.8M361.6M372.2M382.1M
2016309.8M321.3M330.1M341.2M
2015271.7M283.1M290.3M301.5M
2014236.2M247.4M256.5M265.3M
2013200.1M207.5M216.3M225.2M
2012179.1M184.0M188.1M193.9M
2011164.6M172.7M175.5M176.4M
20100140.5M148.6M156.6M
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Tracking the Latest Insider Buys and Sells of Neogen Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 25, 2024
jones douglas edward
sold (taxes)
-3,480
11.96
-291
chief operating officer
Apr 25, 2024
rocklin amy m
acquired
6,733
11.96
563
chief legal officer
Apr 25, 2024
adent john edward
acquired
25,271
11.96
2,113
ceo
Apr 25, 2024
jones douglas edward
acquired
10,106
11.96
845
chief operating officer
Apr 25, 2024
adent john edward
sold (taxes)
-7,355
11.96
-615
ceo
Apr 23, 2024
adent john edward
acquired
211,297
12.09
17,477
ceo
Apr 17, 2024
jones douglas edward
bought
123,590
12.359
10,000
chief operating officer
Apr 11, 2024
borel james c
bought
97,986
13.0648
7,500
-
Apr 10, 2024
adent john edward
bought
284,190
12.3561
23,000
ceo
Apr 10, 2024
naemura david h.
bought
156,321
12.5057
12,500
cfo

1–10 of 50

Which funds bought or sold NEOG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 29, 2024
PRINCIPAL FINANCIAL GROUP INC
added
5.14
-2,878,640
13,570,900
0.01%
Apr 29, 2024
HAZLETT, BURT & WATSON, INC.
reduced
-8.36
-5,000
18,000
0.01%
Apr 29, 2024
COMMONWEALTH EQUITY SERVICES, LLC
reduced
-2.72
-174,000
559,000
-%
Apr 29, 2024
GREENLEAF TRUST
reduced
-4.36
-57,499
172,901
-%
Apr 26, 2024
RIVERBRIDGE PARTNERS LLC
reduced
-1.81
-10,075,000
33,824,700
0.41%
Apr 26, 2024
SYSTM Wealth Solutions LLC
unchanged
-
-3,274
11,930
-%
Apr 26, 2024
Planning Capital Management Corp
unchanged
-
-2,320
8,459
0.01%
Apr 26, 2024
PEREGRINE CAPITAL MANAGEMENT LLC
new
-
8,904,650
8,904,650
0.26%
Apr 26, 2024
YHB Investment Advisors, Inc.
new
-
20,372
20,372
-%
Apr 26, 2024
UMB Bank, n.a.
new
-
915
915
-%

1–10 of 48

Are Funds Buying or Selling NEOG?

Are funds buying NEOG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NEOG
No. of Funds

Unveiling Neogen Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.04%
19,546,737
SC 13G/A
Feb 09, 2024
wasatch advisors lp
-
0
SC 13G/A
Jan 30, 2024
norges bank
8.41%
18,189,674
SC 13G/A
Jan 24, 2024
blackrock inc.
11.5%
24,851,419
SC 13G/A
Feb 14, 2023
susquehanna securities, llc
3.8%
8,291,607
SC 13G/A
Feb 14, 2023
norges bank
8.52%
18,422,570
SC 13G/A
Feb 09, 2023
vanguard group inc
8.82%
19,057,576
SC 13G/A
Feb 08, 2023
wasatch advisors inc
-
0
SC 13G/A
Jan 23, 2023
blackrock inc.
11.3%
24,460,988
SC 13G/A
Oct 11, 2022
brown capital management llc
4.04%
8,739,338
SC 13G/A

Recent SEC filings of Neogen Corp

View All Filings
Date Filed Form Type Document
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 24, 2024
4
Insider Trading
Apr 17, 2024
3
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 11, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Apr 10, 2024
4
Insider Trading
Apr 09, 2024
10-Q
Quarterly Report

Peers (Alternatives to Neogen Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
182.7B
23.7B
-1.24% 2.02%
41.5
7.7
-8.94% -35.72%
40.9B
3.7B
-8.74% 0.65%
48.45
11.18
8.72% 24.44%
40.2B
6.7B
-5.82% 0.71%
32.49
5.96
-2.81% -6.58%
15.4B
9.3B
3.81% -0.93%
18.14
1.65
-3.29% 6.68%
12.0B
2.0B
-3.91% 88.07%
38.5
6.13
25.57% 21.62%
11.8B
4.1B
-15.48% 20.46%
24.78
2.85
3.86% -2.39%
11.2B
1.1B
1.55% 76.98%
-25.8
10.36
31.99% 20.63%
10.8B
2.5B
-14.06% -6.40%
-52.77
4.31
19.93% 67.26%
MID-CAP
2.7B
929.2M
-21.86% -28.69%
1.7K
2.87
28.93% 111.61%
2.2B
563.9M
-12.75% -20.04%
-4.57
3.88
25.45% 26.76%
SMALL-CAP
401.8M
280.3M
-26.72% -6.51%
-2.11
1.43
-12.89% -148.37%
85.8M
31.2M
-2.42% -86.92%
-0.97
2.75
5.03% -1.81%
67.9M
9.0M
875.61% 304.04%
-9.4
7.55
-53.31% 2.21%
39.7M
9.2M
3.87% -30.75%
-2.38
4.34
11.85% 44.12%
183.8K
25.9M
-50.00% -94.83%
-0.01
0.01
-57.78% -93.11%

Neogen Corp News

Latest updates
MarketBeat • 26 Apr 2024 • 01:53 pm
MSN • 18 Apr 2024 • 01:04 am
Yahoo Finance • 17 Apr 2024 • 07:00 am
Yahoo Finance • 11 Apr 2024 • 07:00 am
Markets Insider • 09 Apr 2024 • 07:00 am
Benzinga • 09 Apr 2024 • 07:00 am
Seeking Alpha • 26 Mar 2024 • 07:00 am

Neogen Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.4%22923022924221823013214012813112812711711510910910010810111098.00
Gross Profit0.1%11711711712310811362.0065.0057.0061.0060.0058.0054.0053.0050.0052.0045.0051.0048.0051.0045.00
Operating Expenses2.5%10510298.0010092.0012056.0047.0051.0048.0038.0037.0038.0034.0031.0032.0032.0033.0032.0032.0030.00
  S&GA Expenses6.9%48.0045.0046.0043.0039.0036.0023.0021.0021.0021.0021.0021.0019.0018.0017.0016.0018.0018.0018.0018.0017.00
  R&D Expenses-15.7%5.006.007.007.007.007.005.004.005.004.004.004.004.004.004.003.004.004.004.004.003.00
EBITDA Margin-2.3%0.12*0.13*0.14*0.13*0.08*0.07*0.13*0.16*0.17*0.19*0.20*0.21*---------
Income Taxes-1361.5%-3.80-0.260.002.00-10.508.001.004.001.002.005.004.003.003.004.005.002.003.003.004.004.00
Earnings Before Taxes-55.4%-5.82-3.752.008.00-2.26-34.097.0019.007.0013.0022.0020.0016.0019.0020.0021.0014.0019.0018.0019.0017.00
EBT Margin-107.6%0.00*0.00*-0.03*-0.03*-0.01*0.00*0.08*0.11*0.12*0.14*0.16*0.16*0.17*0.17*0.17*0.17*0.17*0.18*0.18*--
Net Income42.0%-2.02-3.492.006.008.00-41.845.0015.005.0011.0017.0016.0013.0016.0016.0016.0012.0016.0015.0016.0013.00
Net Income Margin-86.9%0.00*0.01*-0.03*-0.03*-0.02*-0.03*0.07*0.09*0.10*0.11*0.13*0.13*0.14*0.14*0.14*0.14*0.14*0.14*0.14*--
Free Cashflow-292.2%-30.2116.0023.0091.00-17.07-18.73-14.1420.007.0018.0023.0022.0012.0022.0025.0026.0020.0017.0024.00--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.4%4,5824,6024,5614,5544,5614,563977993981968932920880846822797774751721696673
  Current Assets-3.5%602624584586555643608627610611609591555578557537515500474450423
    Cash Equivalents-21.5%16120617916367.0010010744.0043.0051.0071.0076.0073.0011461.0066.0051.0066.0056.0042.0094.00
  Inventory13.6%18216114113414413612912211310710210199.0093.0098.0095.0089.0086.0088.0086.0085.00
  Net PPE11.5%27224422119916514812111110510110010098.0084.0081.0079.0078.0077.0075.0075.0076.00
  Goodwill-0.1%2,1362,1382,1382,1372,1352,1221,975143150143130131133112112110110104103104104
Liabilities-1.3%1,4361,4551,4151,4201,3831,45794.0010610610177.0080.0073.0068.0070.0072.0062.0060.0061.0058.0053.00
  Current Liabilities-10.6%15817713814510715367.0078.0066.0063.0051.0054.0046.0045.0046.0048.0039.0039.0040.0038.0034.00
  Long Term Debt0.1%888887886885885924---------------
    LT Debt, Non Current-100.0%-887886885885924---------------
Shareholder's Equity0.0%3,1463,1483,1463,1343,1263,106884887876865855840808777752725712691660638620
  Retained Earnings-0.4%561563567565559551593588573568557540524510495479462450434419403
  Additional Paid-In Capital0.2%2,5802,5752,5722,5682,5652,561313310308305298295290273264249255244232222217
Accumulated Depreciation----120---105---98.00---75.00---66.00-
Shares Outstanding0.0%217217216216216216108108108108107106107106106105106105105--
Float------3,572---4,325---3,952---3,489---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-292.2%-30,20615,71423,00990,966-17,069-18,726-14,14320,3906,59117,84723,21021,96911,59622,39025,13425,62819,77816,75323,71920,87710,382
  Share Based Compensation4.8%3,6793,5122,6382,8662,8122,6321,8672,1091,6071,7481,6901,6641,5811,5111,6811,6731,6401,6121,5431,4061,306
Cashflow From Investing-226.9%-14,63811,536-8,6846,87619,52393,00281,638-17,099-15,386-39,337-25,407-31,710-60,91822,796-35,732-12,208-42,951-18,265-15,361-75,515-20,361
Cashflow From Financing502.3%1,247-3101,062252-39,977-79,261905-1,0291,2235,5711,04810,74310,1437,5635,0951,4908,70210,5058,7083,282349
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NEOG Income Statement

2024-02-29
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Feb. 29, 2024
Feb. 28, 2023
Revenues    
Total revenue$ 228,812$ 218,255$ 687,428$ 580,637
Cost of Revenues    
Total Cost of Revenues111,929110,291337,010297,864
Gross Profit116,883107,964350,418282,773
Operating Expenses    
Sales and marketing47,92038,598138,53598,329
General and administrative52,08746,424148,929151,369
Research and development4,8537,25817,33118,985
Total Operating Expenses104,86092,280304,795268,683
Operating Income12,02315,68445,62314,090
Other Expense    
Interest income1,6126405,2652,163
Interest expense(18,285)(17,460)(54,773)(38,007)
Other expense(1,172)(1,124)(4,021)(7,938)
Total Other Expense(17,845)(17,944)(53,529)(43,782)
Loss Before Taxes(5,822)(2,260)(7,906)(29,692)
Provision for Income Taxes(3,800)(10,450)(3,900)(1,250)
Net (Loss) Income$ (2,022)$ 8,190$ (4,006)$ (28,442)
Net (Loss) Earnings Per Share    
Basic$ (0.01)$ 0.04$ (0.02)$ (0.16)
Diluted$ (0.01)$ 0.04$ (0.02)$ (0.16)
Weighted Average Shares Outstanding    
Basic216,597,777216,217,702216,438,643179,666,118
Diluted216,597,777216,399,003216,438,643179,666,118
Product Revenues    
Revenues    
Total revenue$ 202,178$ 190,688$ 610,448$ 500,797
Cost of Revenues    
Total Cost of Revenues98,14494,377293,456252,348
Service Revenues    
Revenues    
Total revenue26,63427,56776,98079,840
Cost of Revenues    
Total Cost of Revenues$ 13,785$ 15,914$ 43,554$ 45,516

NEOG Balance Sheet

2024-02-29
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Feb. 29, 2024
May 31, 2023
Current Assets  
Cash and cash equivalents$ 161,437$ 163,240
Marketable securities7,01082,329
Accounts receivable, net of allowance of $4,099 and $2,827173,592153,253
Inventories, net182,390133,812
Prepaid expenses and other current assets78,04253,297
Total Current Assets602,471585,931
Net Property and Equipment272,282198,749
Other Assets  
Right of use assets15,30111,933
Goodwill2,136,3382,137,496
Intangible assets, net1,539,7441,605,103
Other non-current assets16,35615,220
Total Assets4,582,4924,554,432
Current Liabilities  
Current portion of finance lease2,521 
Accounts payable89,74876,669
Accrued compensation20,30525,153
Income tax payable11,5736,951
Accrued interest3,43811,149
Deferred revenue5,4864,616
Other accruals24,77320,934
Total Current Liabilities157,844145,472
Deferred Income Tax Liability353,853353,427
Non-Current Debt887,653885,439
Other Non-Current Liabilities36,96835,877
Total Liabilities1,436,3181,420,215
Commitments and Contingencies (note 12)
Equity  
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding00
Common stock, $0.16 par value, 315,000,000 shares authorized, 216,607,746 and 216,245,501 shares issued and outstanding at February 29, 2024, and May 31, 2023, respectively34,65734,599
Additional paid-in capital2,579,9552,567,828
Accumulated other comprehensive loss(29,473)(33,251)
Retained earnings561,035565,041
Total Stockholders' Equity3,146,1743,134,217
Total Liabilities and Stockholders' Equity$ 4,582,492$ 4,554,432
NEOG
Neogen Corporation, together with its subsidiaries, engages in the development, manufacture, and marketing of various products and services dedicated to food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including 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 to detect the presence of adenosine triphosphate, a chemical found in living cells, as well as provides genomics-based diagnostic technology and software systems that help testers to objectively analyze and store their results and perform analysis on the results from multiple locations over extended periods. The segment offers its products primarily to milling and grain, meat and poultry, prepared foods and ingredients, fruits and vegetables, seafood, dairy, beverage, water, healthcare, traditional culture media markets, food service, and dietary supplements markets. The Animal Safety segment provides veterinary instruments, pharmaceuticals, vaccines, topicals, parasiticides, diagnostic products, rodent control products, cleaners, disinfectants, insect control products, and genomics testing services marketed through veterinarians, retailers, livestock producers, and animal health product distributors, for the animal safety market. The segment offers its products for companion animal veterinarians; livestock producers, veterinarians, and breed associations; retailers; breeding and genetics companies; diagnostic labs and universities; distributors; and other manufacturers and government agencies. Neogen Corporation was incorporated in 1981 and is headquartered in Lansing, Michigan.
 CEO
 WEBSITEneogen.com
 INDUSTRYDiagnostics & Research
 EMPLOYEES2640

Neogen Corp Frequently Asked Questions


What is the ticker symbol for Neogen Corp? What does NEOG stand for in stocks?

NEOG is the stock ticker symbol of Neogen Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Neogen Corp (NEOG)?

As of Tue Apr 30 2024, market cap of Neogen Corp is 2.67 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NEOG stock?

You can check NEOG's fair value in chart for subscribers.

What is the fair value of NEOG stock?

You can check NEOG's fair value in chart for subscribers. The fair value of Neogen Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Neogen Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NEOG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Neogen Corp a good stock to buy?

The fair value guage provides a quick view whether NEOG is over valued or under valued. Whether Neogen Corp is cheap or expensive depends on the assumptions which impact Neogen Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NEOG.

What is Neogen Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 30 2024, NEOG's PE ratio (Price to Earnings) is 1.71 Thousand and Price to Sales (PS) ratio is 2.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NEOG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Neogen Corp's stock?

In the past 10 years, Neogen Corp has provided -0.021 (multiply by 100 for percentage) rate of return.