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NEOG

15.73USD+0.25(+1.61%)Market Closedas of 07 Dec 2022, 09:48 am

Neogen Corp

Market Summary

USD15.73+0.25Market Closedas of 07 Dec 2022, 09:48 am
1.61%

NEOG Stock Price

RSI Chart

Valuation

Market Cap

1.4B

Price/Earnings

29.31

Price/Sales

2.69

Price/Cashflow

20.81

MarketCap/EBT

23.52

Price/Sales

Profitability

EBT Margin

11.42%

Return on Equity

5.44%

Return on Assets

4.87%

Fundamentals

Revenue

Revenue (TTM)

527.2M

Revenue Y/Y

9.94%

Revenue Q/Q

9.24%

Earnings

Earnings (TTM)

48.3M

Earnings Y/Y

-5.08%

Earnings Q/Q

174.83%

Price Action

52 Week Range

10.4947.80
(Low)(High)

Last 7 days

-0.1%

Last 30 days

13.1%

Last 90 days

-12.8%

Trailing 12 Months

-61.8%

Financial Health

Current Ratio

8.05

Investor Care

Shares Dilution (1Y)

0.34%

Diluted EPS (TTM)

0.45

Peers (Alternatives to Neogen)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
183.3B
31.3B
7.44% -13.32%
27.1
5.87
11.35% 14.95%
174.5B
45.0B
5.90% -20.28%
20.4
3.83
6.43% 8.90%
115.4B
30.8B
-8.94% -28.67%
22.17
3.71
-3.11% -8.14%
30.3B
3.3B
11.73% -29.86%
45.68
9.17
6.53% -11.52%
16.7B
2.9B
9.09% -44.50%
26.46
5.74
8.50% 2.96%
MID-CAP
6.4B
806.4M
33.31% -13.25%
-331.15
7.96
20.10% -221.96%
5.2B
664.2M
-8.45% 108.34%
160.13
7.81
76.53% 218.01%
3.7B
2.3B
1.52% -34.01%
3.27
1.42
24.87% 6.11%
SMALL-CAP
1.4B
527.2M
13.08% -61.78%
29.31
2.69
12.53% -20.65%
1.4B
233.4M
-1.44% -72.82%
-4.82
6.12
8.78% -318.40%
1.4B
333.0M
-0.94% 62.20%
32.26
4.08
4.76% -40.54%
765.9M
259.0M
1.67% -60.18%
-43.31
2.97
3.62% -967.02%
44.3M
7.9M
-4.15% -78.74%
-1.23
5.93
23.02% -7.81%
17.5M
37.6M
-65.18% -99.22%
-0.13
0.46
1.85% -22.51%

Financials for Neogen

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue2.5%527514503487468
Gross Profit3.1%243236232225215
Operating Expenses5.5%184175162148141
  S&GA Expenses1.0%8584817773
  R&D Expenses-1.4%1717171716
Earnings Before Taxes-2.0%6061717775
Net Income-1.6%4849576261
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets1.2%993981968932920
  Current Assets2.8%627610611609591
    Cash Equivalents3.7%4443517176
  Inventory7.9%122113107102101
  Net PPE5.6%111105101100100
  Goodwill-4.9%143150143130131
Liabilities-0.1%1061061017780
  Current Liabilities18.5%7866635154
Shareholder's Equity1.4%887876865855840
  Retained Earnings2.6%588573568557540
  Additional Paid-In Capital0.7%310308305298295
Accumulated Depreciation7.2%10598---
Shares Outstanding0.0%108108108107107
Float-4,325----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-2.3%6870757981
  Share Based Compensation6.6%77766
Cashflow From Investing13.1%-97.23-111.84-157.37-95.24-105.56
Cashflow From Financing-63.3%719282934

Risks

What is the probability of a big loss on NEOG?

57.7%


Probability that Neogen stock will be more than 20% underwater in next one year

34.6%


Probability that Neogen stock will be more than 30% underwater in next one year.

27.7%


Probability that Neogen stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NEOG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Neogen was unfortunately bought at previous high price.

Returns

Cumulative Returns on NEOG

3.1%


10-Year Cumulative Returns

-4.7%


7-Year Cumulative Returns

-13.0%


5-Year Cumulative Returns

-22.9%


3-Year Cumulative Returns

What are the long-term rolling returns for NEOG?

FIve years rolling returns for Neogen.

Which funds bought or sold NEOG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Repertoire Partners LP
SOLD OFF
-100
-24,000
-
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
413,000
413,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
119,000
119,000
-%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-9,000
13,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
ADDED
98.86
509,000
3,835,000
0.01%
2022-11-18
RIVER & MERCANTILE ASSET MANAGEMENT LLP
NEW
-
73,000
73,000
0.01%
2022-11-17
M&T Bank Corp
ADDED
15.43
370,000
371,000
-%
2022-11-16
Retirement Systems of Alabama
ADDED
99.2
530,000
3,952,000
0.02%
2022-11-16
Front Row Advisors LLC
NEW
-
1,000
1,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
191.84
167,000
408,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying NEOG calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NEOG

Neogen News

GuruFocus.com

5 Stocks Gurus and Insiders Ar.15 hours ago

NEOG Fair Value

Recent SEC filings of Neogen

View All Filings
Date Filed Form Type Document
Nov 30, 2022
8-K
Current Report
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading
Oct 11, 2022
4
Insider Trading

Latest Insider Trading transactions for NEOG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-11
Quinlan Steven J.
BOUGHT
58,150
11.63
5,000
VP & CFO
2022-09-28
Jones Douglas Edward
BOUGHT
100,170
14.31
7,000
Chief Operating Officer
2022-09-28
ADENT JOHN EDWARD
BOUGHT
316,140
14.37
22,000
President & CEO
2022-08-16
Vetter Darci L
BOUGHT
24,013
21.83
1,100
-
2022-08-02
Green Ronald D
BOUGHT
33,750
22.5
1,500
-
2022-07-29
ADENT JOHN EDWARD
BOUGHT
403,725
23.07
17,500
President & CEO
2022-07-27
Tobin James P
BOUGHT
45,960
22.98
2,000
-
2022-07-27
BOREL JAMES C
BOUGHT
147,529
22.6967
6,500
-
2022-01-25
Jones Douglas Edward
BOUGHT
50,092
35.78
1,400
Chief Commercial Officer
2022-01-12
BOEHM WILLIAM T
ACQUIRED
46,860
15.62
3,000
-

1–10 of 50

John E. Adent
1840
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 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 for adenosine triphosphate, a chemical found in living cells. This segment offers its products primarily to food and feed processors; grain producers and processors; producers of cookies, crackers, candy, ice cream, and other processed foods; 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, topicals, 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 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 incorporated in 1981 and is headquartered in Lansing, Michigan.

NEOG Income Statement

2022-05-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
May 31, 2022
May 31, 2021
May 31, 2020
Revenues   
Total Revenues$ 527,159$ 468,459$ 418,170
Cost of Revenues   
Total Cost of Revenues284,146253,403221,891
Gross Margin243,013215,056196,279
Operating Expenses   
Sales and marketing84,60473,44369,675
General and administrative82,74251,19744,331
Research and development17,04916,24714,750
Total Operating Expenses184,395140,887128,756
Operating Income58,61874,16967,523
Other Income   
Interest income, net1,2671,6145,992
Royalty income000
Other, net322(515)(1,210)
Total Other Income1,5891,0994,782
Income Before Income Taxes60,20775,26872,305
Provision for Income Taxes11,90014,38612,830
Net Income$ 48,307$ 60,882$ 59,475
Net Income per Share   
Basic$ 0.45$ 0.57$ 0.57
Diluted$ 0.45$ 0.57$ 0.56
Weighted Average Shares Outstanding   
Basic107,684106,499105,100
Diluted108,020107,120105,720
Product Revenues   
Revenues   
Total Revenues$ 424,664$ 376,302$ 335,539
Cost of Revenues   
Total Cost of Revenues228,017201,348173,566
Service Revenues   
Revenues   
Total Revenues102,49592,15782,631
Cost of Revenues   
Total Cost of Revenues$ 56,129$ 52,055$ 48,325

NEOG Balance Sheet

2022-05-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
May 31, 2022
May 31, 2021
Current Assets  
Cash and cash equivalents$ 44,473$ 75,602
Marketable securities336,578305,485
Accounts receivable, net of allowance of $1,650 and $1,400 at May 31, 2022 and 2021, respectively99,67491,823
Inventories122,313100,701
Prepaid expenses and other current assets23,76017,840
Total Current Assets626,798591,451
Property and Equipment  
Land and improvements9,4857,783
Building and improvements79,51372,754
Machinery and equipment114,180108,194
Furniture and fixtures6,3076,270
Construction in progress5,9743,261
Property, Plant and Equipment, Gross215,459198,262
Less accumulated depreciation(104,875)(97,809)
Net Property and Equipment110,584100,453
Other Assets  
Right of use assets3,1842,477
Goodwill142,704131,476
Other non-amortizable intangible assets15,39715,545
Amortizable intangible assets, net of accumulated amortization of $55,416 and $53,462 at May 31, 2022 and 2021, respectively92,10676,771
Other non-current assets2,1562,019
Total Other Assets255,547228,288
Total Assets992,929920,192
Current Liabilities  
Accounts payable34,61423,900
Accrued compensation11,12311,251
Income tax payable2,1261,848
Deferred revenue5,4603,404
Other accruals24,52113,196
Total Current Liabilities77,84453,599
Deferred Income Tax Liability17,01121,917
Other Non-Current Liabilities10,7004,299
Total Liabilities105,55579,815
Commitments and Contingencies (note 7)
Stockholders' Equity  
Preferred stock, $1.00 par value — shares authorized 100,000; none issued and outstanding00
Common stock, $0.16 par value — shares authorized 120,000,000; 107,801,094 and 107,468,304 shares issued and outstanding at May 31, 2022 and 2021, respectively17,24817,195
Additional paid-in capital309,984294,953
Accumulated other comprehensive loss(27,769)(11,375)
Retained earnings587,911539,604
Total Neogen Corporation and Subsidiaries Stockholders' Equity887,374840,377
Total Liabilities and Stockholders' Equity$ 992,929$ 920,192