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.
Neogen stock last closed at $20.29, down 3.84% from the previous day, and has decreased 43.07% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.32 percentage points. Neogen stock is currently +93.42% from its 52-week low of $10.49, and -45.01% from its 52-week high of $36.90.
There are currently 216.15M shares of NEOG outstanding. The market cap of NEOG is $4.39B. In the past 24 hours, 2.04M NEOG shares were traded.
How to Buy Neogen Stock
Wondering how to invest in Neogen stock? Here's how.
Choose where to buy Neogen stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Neogen stock.
Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Deposit funds into your brokerage account: Pick your payment method and add your info.
Evaluate Neogen stock: The Neogen ticker symbol is NEOG. Is Neogen stock a good investment? Should you buy shares of NEOG? How do NEOG's underlying business fundamentals look? Do top analysts think Neogen is a good buy? Why has NEOG's stock price moved recently? (Hint: Our stock research website can help you understand if NEOG is a good stock to buy).
Make your NEOG purchase: Decide if you will purchase NEOG shares at the current market price or use a limit order to purchase NEOG stock at a particular price.
Get the latest news on your NEOG position: Create a watchlist to keep track of your position in Neogen shares.
Step 1: Choose where to buy Neogen stock
You will need an online brokerage account in order to access the NASDAQ market and buy NEOG shares.
A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Once you have figured out the best place to buy Neogen stock, it's critical to analyze their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.
Neogen Metrics
NEOG Price
$20.29
1w %
1.25%
1y %
-43.07%
5y %
-28.93%
P/E
405.8x
P/B
1.41x
P/S
6.95x
PEG
2.69x
Revenue
$630.72M
Earnings
-$16.23M
Fore. Rev. Growth
4.14%
Fore. Earn. Growth
150.78%
Market Cap
$4.39B
Next Earnings
Mar 22, 2023
Next Dividend
N/A
Neogen Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis quickly.
NEOG has $276.34M in cash and short term investments. This is sufficient to cover its annual cash burn of $49.58M.
There are more short-term assets than short-term liabilities on the NEOG balance sheet.
NEOG has cash burn of 49578000. It has sufficient cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
NEOG has a relatively high debt to equity ratio of 0.47.
Total NEOG debt is higher than 5 years ago, relative to shareholder equity.
There are more long-term liabilities than short-term assets on the NEOG balance sheet.
NEOG profit margin has gone down from 11.3% to -2.6% in the past year.
Do analysts think it's a good time to buy NEOG stock
Out of 2 sell side analysts who track NEOG, the consensus analyst rating on Neogen is a Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent NEOG Analyst Forecasts
David Westenberg, a top 22% analyst from Piper Sandler maintains NEOG with a hold rating and raises their NEOG price target from $14.00 to $17.00, on Dec 15, 2022.
Brandon Vazquez, a top 50% analyst from William Blair upgrades NEOG to a buy rating, on Nov 22, 2022.
You can dive deeper into what analysts are forecasting on the Neogen stock forecast page.
NEOG Momentum
SMA10
20.32
SMA20
19.36
SMA50
17.02
SMA100
15.44
SMA200
19.51
MACD
1.14
MACD Signal
1.18
MACD Histogram
-0.04
RSI
61.1
Stochastic %K
66.49
Stochastic %D
78.19
StochRSI %K
9.59
StochRSI %D
25.82
NEOG Performance Numbers
Last year, NEOG earnings were -$16.23M. During the past 5 year, NEOG's earnings have grown by -37.03% per year. This was slower than the Diagnostics & Research industry average of 22.18%.
Last year, NEOG revenue was $630.72M. In the past five year, NEOG's revenue has gone up by 10.73% per year. This was slower than the Diagnostics & Research industry average of 16.4%.
No, Neogen doesn't provide an income stream by paying out dividends.
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Step 5: Make your NEOG purchase
You have two main types of orders:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are usually the best for newer investors.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a specific dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you require additional info about buying stocks on eToro, watch the how to video below:
As of Feb 3, 2023, it costs $20.29 to buy one share of Neogen stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.493 shares of NEOG.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.