How to Buy Neogenomics Stock
Neogenomics Inc
NeoGenomics, Inc. operates a network of cancer-focused testing laboratories in the United States, Europe, and Asia. It operates through, Clinical Services and Pharma Services segments.
Neogenomics stock last closed at $14.86, up 1.36% from the previous day, and has decreased 6.25% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.16 percentage points. Neogenomics stock is currently +22.56% from its 52-week low of $12.13, and -22.26% from its 52-week high of $19.12.
As of Jan 24, 2025, there are 128.36M NEO shares outstanding. The market value of NEO is $1.91B. In the last 24 hours, 429,153 NEO shares were traded.
How to Buy Neogenomics Stock
Wondering how to invest in Neogenomics stock? Here's how.
- Choose where to buy Neogenomics stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Neogenomics stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Pick your payment method and add your info.
- Analyze Neogenomics stock: The Neogenomics ticker symbol is NEO. Is Neogenomics stock a good investment? Should you buy shares of NEO? How do NEO's underlying business fundamentals look? Do top analysts think Neogenomics is a good buy? Why has NEO's stock price moved recently? (Hint: Our stock market research website can help you understand if NEO is a good stock to buy).
- Make your NEO trade: Decide if you will purchase NEO shares at the current market price or use a limit order to buy NEO shares at a given price.
- Keep an eye on your NEO investment: Create a watchlist to monitor your investment in Neogenomics shares.
Step 1: Choose where to buy Neogenomics stock
You will need a brokerage account in order to access the NASDAQ market and buy NEO shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can invest in NEO stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best app for stock investing, you can securely and quickly fund your account:
Watch the video below for more details transferring funds into your new brokerage account.
Step 4: Analyze Neogenomics stock
After you have figured out the best place to buy Neogenomics stock, it's crucial to research their stock prior to investing, so you truly wrap your head around the risk as well as the opportunity.
Neogenomics Numbers
Neogenomics Due Diligence Checks
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NEO's stock page.
Is NEO stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NEO's true value.
Using relative valuations metrics:
- NEO could be undervalued based on its P/B ratio of 2.1x, relative to Diagnostics & Research industry P/B ratio of 4.23x
You can access additional valuation analysis on NEO's stock here.
NEO Financial Health Overview
Positive Health Checks:
- NEO has cash burn of 21512000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the NEO balance sheet.
- NEO profit margin has gone up from -16.8% to -12.1% in the past year.
- NEO has $387.81M in cash and short term investments. This is sufficient to cover its annual cash burn of $21.51M.
- There are more short-term assets than short-term liabilities on the NEO balance sheet.
Negative Health Checks:
- Total NEO debt is higher than 5 years ago, relative to shareholder equity.
- NEO has a relatively high debt to equity ratio of 0.81.
Is Neogenomics stock a Buy, Hold, or Sell, according to analysts?
Out of 5 Wall Street analysts who give recommendations on NEO, the consensus analyst rating on Neogenomics is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Neogenomics stock forecast page.
NEO Technical Indicators
NEO Growth Numbers
Last year, NEO revenue was $644.12M. Over the past 5 year, NEO's revenue has gone up by 11.22% per year. This was faster than the Diagnostics & Research industry average of 9.64%.
Dig into NEO's earnings and revenue performance here.
Who is buying/selling NEO?
Over the last 12 months, insiders at NEO have sold more shares than they have bought.
Alicia C. Olivo, General Counsel of NEO, was the latest NEO insider to sell. They sold $79,472.48 worth of NEO shares on Nov 15, 2024.
Research more about who owns NEO shares here.
Can I rely on NEO as an income stream?
No, Neogenomics doesn't provide an income stream by paying out dividends.
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Step 5: Make your NEO trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Hit the Open button and eToro will place the order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your NEO investment
Now that you own some shares in NEO, you'll want to keep up with your company.
Create a watchlist to track the most important metrics related to your NEO stock.
NEO Feed
How to Buy Stock in Neogenomics
To reiterate, here are the 6 steps for buying Neogenomics stock:
- Choose where to buy Neogenomics stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Neogenomics stock
- Make your NEO trade
- Keep an eye on your NEO investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to watch your investment in Neogenomics, get started below.
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