The stock of Neogen Corp (NASDAQ:NEOG) last traded at $5.05, up 0.40% from the previous session.
NEOG stock price is now -36.69% away from the 50-day moving average and -60.58% away from the 200-day moving average. The market capitalization of the company currently stands at $1.10B.
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With the price target of $15, Guggenheim recently initiated with Buy rating for Neogen Corp (NASDAQ: NEOG). On June 16, 2023, Wells Fargo recently initiated its ‘Overweight’ rating on the stock quoting a target price of $22, while ‘William Blair’ rates the stock as ‘Outperform’
In other news, Woteki Catherine E, Director bought 5,770 shares of the company’s stock on Apr 25 ’25. The stock was bought for $29,831 at an average price of $5.17. Upon completion of the transaction, the Director now directly owns 13,244 shares in the company, valued at $66882.2. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 24 ’25, Director BOREL JAMES C bought 30,000 shares of the business’s stock. A total of $149,700 was incurred on buying the stock at an average price of $4.99. This leaves the insider owning 90,474 shares of the company worth $0.46 million. A total of 0.32% of the company’s stock is owned by insiders.
During the past 12 months, Neogen Corp has had a low of $3.87 and a high of $18.58. As of last week, the company has a debt-to-equity ratio of 0.34, a current ratio of 3.91, and a quick ratio of 2.45. The fifty day moving average price for NEOG is $7.9772 and a two-hundred day moving average price translates $12.8124 for the stock.
The latest earnings results from Neogen Corp (NASDAQ: NEOG) was released for 2025-02-28. The net profit margin was -53.56% and return on equity was -16.71% for NEOG. The company reported revenue of $220.98 million for the quarter, compared to $228.81 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.42 percent. For the current quarter, analysts expect NEOG to generate $222.53M in revenue.
