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NEOG

NEOG - Neogen Corp Stock Price, Fair Value and News

15.90USD+0.44 (+2.85%)Delayed as of 28 Mar 2024, 03:00 pm ET

Market Summary

NEOG
USD15.90+0.44
Delayedas of 28 Mar 2024, 03:00 pm
2.85%

NEOG Stock Price

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NEOG RSI Chart

NEOG Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

284.21

Price/Sales (Trailing)

3.64

EV/EBITDA

34.31

Price/Free Cashflow

29.72

NEOG Price/Sales (Trailing)

NEOG Profitability

Operating Margin

77.78%

EBT Margin

0.36%

Return on Equity

0.37%

Return on Assets

0.26%

Free Cashflow Yield

3.36%

NEOG Fundamentals

NEOG Revenue

Revenue (TTM)

918.7M

Rev. Growth (Yr)

-0.18%

Rev. Growth (Qtr)

0.28%

NEOG Earnings

Earnings (TTM)

11.8M

Earnings Growth (Yr)

91.67%

Earnings Growth (Qtr)

-332%

Breaking Down NEOG Revenue

52 Week Range

15.5324.10
(Low)(High)

Last 7 days

0.2%

Last 30 days

-13.8%

Last 90 days

-26.3%

Trailing 12 Months

-12.4%

How does NEOG drawdown profile look like?

NEOG Financial Health

Current Ratio

3.54

Debt/Equity

0.28

Debt/Cashflow

0.13

NEOG Investor Care

Shares Dilution (1Y)

33.91%

Diluted EPS (TTM)

0.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Neogen Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 03, 2023
boehm william t
bought
32,110
16.055
2,000
-
Oct 25, 2023
jones douglas edward
bought
151,727
15.1727
10,000
chief operating officer
Oct 13, 2023
lilly jason warren
sold
-5,300
15.1
-351
vice president
Oct 12, 2023
tobin james p
bought
45,567
15.189
3,000
-
Oct 11, 2023
lilly jason warren
sold
-30,087
15.6949
-1,917
vice president
Oct 11, 2023
boehm william t
sold
-40,455
15.614
-2,591
-
Oct 11, 2023
naemura david h.
bought
150,333
15.0333
10,000
cfo
Aug 18, 2023
boehm william t
sold
-33,890
22.5939
-1,500
-
Aug 18, 2023
boehm william t
acquired
23,430
15.62
1,500
-
Apr 25, 2023
jones douglas edward
sold (taxes)
-4,950
16.67
-297
chief operating officer

1–10 of 50

Which funds bought or sold NEOG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 26, 2024
NAPATREE CAPITAL LLC
new
-
787,729
787,729
0.79%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-5.64
18,619
809,630
-%
Mar 11, 2024
VANGUARD GROUP INC
added
9.3
61,522,700
393,085,000
0.01%
Mar 04, 2024
CONGRESS ASSET MANAGEMENT CO /MA
sold off
-100
-18,739,200
-
-%
Mar 01, 2024
Pineridge Advisors LLC
new
-
7,280
7,280
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
60.8
25,042,000
58,691,200
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-3.06
367,064
7,493,470
0.03%
Feb 26, 2024
Virtu Financial LLC
sold off
-100
-219,000
-
-%
Feb 26, 2024
Neo Ivy Capital Management
reduced
-99.9
-162,000
-
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
116,000
1,484,000
0.01%

1–10 of 46

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
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
SC 13G/A
Major Ownership Report
Feb 09, 2024
4/A
Insider Trading
Jan 30, 2024
SC 13G/A
Major Ownership Report
Jan 24, 2024
SC 13G/A
Major Ownership Report
Jan 09, 2024
8-K
Current Report
Jan 09, 2024
10-Q
Quarterly Report

What is the Fair Value of NEOG?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Neogen Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
184.1B
23.9B
1.92% 4.87%
38.82
7.71
-10.33% -33.23%
44.8B
3.7B
-4.47% 16.47%
53.05
12.25
8.72% 24.44%
43.2B
6.7B
9.35% 8.66%
34.96
6.42
-2.81% -6.58%
14.5B
9.3B
4.27% -4.49%
16.99
1.57
-6.38% -9.73%
13.8B
4.1B
11.27% 27.86%
29.14
3.35
3.86% -2.39%
12.4B
1.9B
4.38% 126.16%
43.86
6.58
29.17% 15.26%
12.1B
2.5B
1.85% -6.90%
-59.47
4.86
19.93% 67.26%
10.9B
1.1B
31.87% 65.38%
-25.12
10.09
31.99% 20.63%
MID-CAP
3.3B
918.7M
-13.78% -12.36%
284.21
3.64
45.66% 172.57%
2.2B
563.9M
-23.06% -38.26%
-4.56
3.88
25.45% 26.76%
SMALL-CAP
544.7M
280.3M
17.34% 2.80%
-2.86
1.94
-12.89% -148.37%
89.4M
31.2M
-3.36% -85.17%
-1.01
2.86
5.03% -1.81%
35.5M
9.2M
-24.43% -39.17%
-1.95
3.86
16.43% 46.89%
7.3M
9.0M
-21.88% -54.13%
-1.01
0.81
-53.31% 2.21%
183.8K
25.9M
-50.00% -94.83%
-0.01
0.01
-57.78% -93.11%

Neogen Corp News

Latest updates
MarketBeat • 18 hours ago
Seeking Alpha • 26 Mar 2024 • 11:25 am
InvestorsObserver • 19 Mar 2024 • 02:53 pm
Yahoo Finance • 07 Mar 2024 • 08:00 am
Yahoo Finance • 30 Jan 2024 • 08:00 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.3%23022924221823013214012813112812711711510910910010810111098.00107
Gross Profit0.0%11711712310811362.0065.0057.0061.0060.0058.0054.0053.0050.0052.0045.0051.0048.0051.0045.0050.00
Operating Expenses4.8%10298.0010092.0012056.0047.0051.0048.0038.0037.0038.0034.0031.0032.0032.0033.0032.0032.0030.0032.00
  S&GA Expenses-2.1%45.0046.0043.0039.0036.0023.0021.0021.0021.0021.0021.0019.0018.0017.0016.0018.0018.0018.0018.0017.0018.00
  R&D Expenses-14.4%6.007.007.007.007.005.004.005.004.004.004.004.004.004.003.004.004.004.004.003.003.00
EBITDA Margin39.3%0.13*0.09*0.13*0.08*0.07*0.13*0.16*0.17*0.19*0.20*0.21*----------
Income Taxes-262.5%-0.260.002.00-10.458.001.004.001.002.005.004.003.003.004.005.002.003.003.004.004.004.00
Earnings Before Taxes-325.3%-3.752.008.00-2.26-34.097.0019.007.0013.0022.0020.0016.0019.0020.0021.0014.0019.0018.0019.0017.0020.00
EBT Margin112.2%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*0.18*--
Net Income-332.0%-3.492.006.008.00-41.845.0015.005.0011.0017.0016.0013.0016.0016.0016.0012.0016.0015.0016.0013.0016.00
Net Income Margin144.3%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*0.15*--
Free Cashflow-31.7%16.0023.0091.00-17.07-18.73-14.1420.007.0018.0023.0022.0012.0022.0025.0026.0020.0017.0024.0021.00--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.9%4,6024,5614,5544,5614,563977993981968932920880846822797774751721696673660
  Current Assets7.0%624584586555643608627610611609591555578557537515500474450423414
    Cash Equivalents15.1%20617916367.0010010744.0043.0051.0071.0076.0073.0011461.0066.0051.0066.0056.0042.0094.00102
  Inventory14.1%16114113414413612912211310710210199.0093.0098.0095.0089.0086.0088.0086.0085.0079.00
  Net PPE10.5%24422119916514812111110510110010098.0084.0081.0079.0078.0077.0075.0075.0076.0074.00
  Goodwill0.0%2,1382,1382,1372,1352,1221,975143150143130131133112112110110104103104104103
Liabilities2.8%1,4551,4151,4201,3831,45794.0010610610177.0080.0073.0068.0070.0072.0062.0060.0061.0058.0053.0058.00
  Current Liabilities27.9%17713814510715367.0078.0066.0063.0051.0054.0046.0045.0046.0048.0039.0039.0040.0038.0034.0039.00
  Long Term Debt0.1%887886885885924----------------
    LT Debt, Non Current0.1%887886885885924----------------
Shareholder's Equity0.0%3,1483,1463,1343,1263,106884887876865855840808777752725712691660638620602
  Retained Earnings-0.6%563567565559551593588573568557540524510495479462450434419403390
  Additional Paid-In Capital0.1%2,5752,5722,5682,5652,561313310308305298295290273264249255244232222217216
Accumulated Depreciation---120---105---98.00---75.00---66.00--
Shares Outstanding0.1%217216216216162108108108108107106107106106105106105105104--
Float-----3,572---4,325---3,952---3,489---3,378
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-31.7%15,71423,00990,966-17,069-18,726-14,14320,3906,59117,84723,21021,96911,59622,39025,13425,62819,77816,75323,71920,87710,38216,501
  Share Based Compensation33.1%3,5122,6382,8662,8122,6321,8672,1091,6071,7481,6901,6641,5811,5111,6811,6731,6401,6121,5431,4061,3061,400
Cashflow From Investing232.8%11,536-8,6846,87619,52393,00281,638-17,099-15,386-39,337-25,407-31,710-60,91822,796-35,732-12,208-42,951-18,265-15,361-75,515-20,361-15,698
Cashflow From Financing-129.2%-3101,062252-39,977-79,261905-1,0291,2235,5711,04810,74310,1437,5635,0951,4908,70210,5058,7083,2823491,276

NEOG Income Statement

2023-11-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Nov. 30, 2023
Nov. 30, 2022
Revenues    
Total revenue$ 229,629$ 230,033$ 458,616$ 362,382
Cost of Revenues    
Total Cost of Revenues112,855117,494225,081187,573
Gross Profit116,774112,539233,535174,809
Operating Expenses    
Sales and marketing44,83236,34890,61559,731
General and administrative51,72177,00196,842104,945
Research and development5,7566,84612,47811,727
Total Operating Expenses102,309120,195199,935176,403
Operating Income (Loss)14,465(7,656)33,600(1,594)
Other Expense    
Interest income1,8635533,6531,523
Interest expense(18,032)(20,545)(36,488)(20,547)
Other expense(2,043)(6,443)(2,849)(6,814)
Total Other Expense(18,212)(26,435)(35,684)(25,838)
Loss Before Taxes(3,747)(34,091)(2,084)(27,432)
Provision for Income Taxes(260)7,750(100)9,200
Net Loss$ (3,487)$ (41,841)$ (1,984)$ (36,632)
Net Loss Per Share    
Basic$ (0.02)$ (0.19)$ (0.01)$ (0.23)
Diluted$ (0.02)$ (0.19)$ (0.01)$ (0.23)
Weighted Average Shares Outstanding    
Basic216,410,493216,134,350216,359,511161,689,929
Diluted216,410,493216,134,350216,359,511161,689,929
Product Revenues    
Revenues    
Total revenue$ 203,869$ 203,317$ 408,270$ 310,109
Cost of Revenues    
Total Cost of Revenues98,353102,530195,312157,971
Service Revenues    
Revenues    
Total revenue25,76026,71650,34652,273
Cost of Revenues    
Total Cost of Revenues$ 14,502$ 14,964$ 29,769$ 29,602

NEOG Balance Sheet

2023-11-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2023
May 31, 2023
Current Assets  
Cash and cash equivalents$ 205,765$ 163,240
Marketable securities24,50182,329
Accounts receivable, net of allowance of $3,403 and $2,827150,498153,253
Inventories, net160,529133,812
Prepaid expenses and other current assets83,08053,297
Total Current Assets624,373585,931
Net Property and Equipment244,300198,749
Other Assets  
Right of use assets15,01511,933
Goodwill2,137,9832,137,496
Intangible assets, net1,564,7441,605,103
Other non-current assets16,00015,220
Total Assets4,602,4154,554,432
Current Liabilities  
Current portion of finance lease2,569 
Accounts payable112,18476,669
Accrued compensation15,64225,153
Income tax payable10,2176,951
Accrued interest10,98511,149
Deferred revenue4,6794,616
Other accruals20,33620,934
Total Current Liabilities176,612145,472
Deferred Income Tax Liability355,005353,427
Non-Current Debt886,915885,439
Other Non-Current Liabilities36,31635,877
Total Liabilities1,454,8481,420,215
Commitments and Contingencies (note 12)
Equity  
Preferred stock, $1.00 par value, 100,000 shares authorized, none issued and outstanding00
Common stock, $0.16 par value, 315,000,000 shares authorized, 216,520,296 and 216,245,501 shares issued and outstanding at November 30, 2023, and May 31, 2023, respectively34,64434,599
Additional paid-in capital2,574,9942,567,828
Accumulated other comprehensive loss(25,128)(33,251)
Retained earnings563,057565,041
Total Stockholders' Equity3,147,5673,134,217
Total Liabilities and Stockholders' Equity$ 4,602,415$ 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
 WEBSITEwww.neogen.com
 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 Wed Mar 27 2024, market cap of Neogen Corp is 3.35 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 Wed Mar 27 2024, NEOG's PE ratio (Price to Earnings) is 284.21 and Price to Sales (PS) ratio is 3.64. 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 -0.013 (multiply by 100 for percentage) rate of return.