Neogen Corp (NASDAQ:NEOG) shares traded -1.22% lower at $4.87 on Wall Street last session.
NEOG stock price is now -12.27% away from the 50-day moving average and -54.60% away from the 200-day moving average. The market capitalization of the company currently stands at $1.06B.
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, Gupta Aashima, Director bought 16,000 shares of the company’s stock on May 12 ’25. The stock was bought for $99,987 at an average price of $6.25. Upon completion of the transaction, the Director now directly owns 21,917 shares in the company, valued at $0.11 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 25 ’25, Director Woteki Catherine E bought 5,770 shares of the business’s stock. A total of $29,831 was incurred on buying the stock at an average price of $5.17. This leaves the insider owning 13,244 shares of the company worth $64498.28. A total of 0.44% 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 $5.551 and a two-hundred day moving average price translates $10.726 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.
