Neogen Corporation (NEOG)

NASDAQ: NEOG · Real-Time Price · USD
12.90
-0.87 (-6.32%)
Dec 3, 2024, 11:44 AM EST - Market open
-6.32%
Market Cap 2.80B
Revenue (ttm) 912.20M
Net Income (ttm) -23.53M
Shares Out 216.70M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE 23.45
Dividend n/a
Ex-Dividend Date n/a
Volume 622,115
Open 13.66
Previous Close 13.77
Day's Range 12.84 - 13.76
52-Week Range 11.46 - 20.89
Beta 1.21
Analysts Hold
Price Target 17.50 (+35.66%)
Earnings Date Jan 7, 2025

About 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, ruminant by-products, meat speciation, drug residues, pesticide residue... [Read more]

Sector Healthcare
IPO Date Aug 23, 1989
Employees 2,917
Stock Exchange NASDAQ
Ticker Symbol NEOG
Full Company Profile

Financial Performance

In 2024, Neogen's revenue was $924.22 million, an increase of 12.37% compared to the previous year's $822.45 million. Losses were -$9.42 million, -58.81% less than in 2023.

Financial Statements

Analyst Forecast

According to one analyst, the rating for NEOG stock is "Hold" and the 12-month stock price forecast is $17.5.

Price Target
$17.5
(35.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Neogen® to Participate in the 36th Annual Piper Sandler Healthcare Conference

LANSING, Mich. , Nov. 27, 2024 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that the Company will participate in the 36th Annual Piper Sandler Healthcare Conference in New York Ci...

6 days ago - PRNewsWire

Neogen® To Participate in 2024 UBS Global Healthcare Conference

LANSING, Mich. , Nov. 5, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that the Company will participate in the 2024 UBS Global Healthcare Conference in Rancho Palos Verdes, ...

4 weeks ago - PRNewsWire

Neogen Stock: Expect Volatility To Continue Amid Weak Growth

Neogen reported its Q1 earnings, which missed expectations. Weak demand trends across food and animal safety end markets have pressured the sales outlook. We expect shares to remain volatile until the...

7 weeks ago - Seeking Alpha

Neogen Corporation (NEOG) Q1 2025 Earnings Call Transcript

Neogen Corporation (NASDAQ:NEOG) Q1 2025 Earnings Conference Call October 10, 2024 8:00 AM ET Company Participants Bill Waelke - Vice President, Investor Relations & Treasury John Adent - Chief Execu...

7 weeks ago - Seeking Alpha

Neogen Announces First-Quarter 2025 Results

Revenue of $217.0 million. Net loss of $12.6 million; $(0.06) per diluted share.

7 weeks ago - PRNewsWire

Neogen Announces the Appointment of New Board Member

LANSING, Mich. , Oct. 1, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today that it has appointed Thierry Bernard as a director to ...

2 months ago - PRNewsWire

Neogen® Announces First-Quarter Earnings Release Date

LANSING, Mich. , Sept. 19, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) will issue its first-quarter earnings release before the opening of the market on Thursday, October 10, 2024.

2 months ago - PRNewsWire

Neogen® To Participate in 2024 Wells Fargo Healthcare Conference

LANSING, Mich. , Aug. 29, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that the Company will participate in the 2024 Wells Fargo Healthcare Conference in Boston, Massachuset...

3 months ago - PRNewsWire

Neogen Announced as an Official Sponsor of US Equestrian

LEXINGTON, Ky. , Aug. 22, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that it has formed a relationship with US Equestrian to help provide better equine care solutions for ...

3 months ago - PRNewsWire

Neogen Corporation (NEOG) Q4 2024 Earnings Call Transcript

Neogen Corporation (NASDAQ:NEOG) Q4 2024 Results Conference Call July 30, 2024 8:00 AM ET Company Participants Bill Waelke - IR John Adent - CEO Dave Naemura - CFO Conference Call Participants David ...

4 months ago - Seeking Alpha

Neogen Announces Fourth-Quarter 2024 Results

Revenue of $236.8 million. Net loss of $5.4 million; $(0.02) per diluted share.

4 months ago - PRNewsWire

Neogen Announces Fourth-Quarter Earnings Release Date

LANSING, Mich. , July 11, 2024 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) will issue its fourth-quarter earnings release before the opening of the market on Tuesday, July 30, 2024.

5 months ago - PRNewsWire

Neogen® Launches Petrifilm® Automated Feeder to Improve Efficiency of High-Throughput Food Safety Testing

Petrifilm end-to-end solution reduces hands-on enumeration time from 4 hours to 1 minute LANSING, Mich. , June 27, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food...

5 months ago - PRNewsWire

Neogen® MDS Awarded Contract from USDA Food Safety and Inspection Service

LANSING, Mich. , June 10, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today that the U.S. Department of Agriculture Food Safety an...

6 months ago - PRNewsWire

Neogen® Releases CelluSmart Technology for Biofuel Industry

LANSING, Mich., June 7, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today that it has launched the new CelluSmart technology from ...

6 months ago - PRNewsWire

Neogen® to Participate in the Goldman Sachs 45th Annual Global Healthcare Conference

LANSING, Mich. , June 5, 2024 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today that the Company will participate in the Goldman Sachs 4...

6 months ago - PRNewsWire

Neogen® to Participate in the 44th Annual William Blair Growth Stock Conference

LANSING, Mich. , May 30, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today that the Company will participate in the 44th Annual Wi...

6 months ago - PRNewsWire

Neogen® to Participate in the Bank of America 2024 Health Care Conference

LANSING, Mich. , May 8, 2024 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that the Company will participate in the Bank of America 2024 Health Care Conference in Las Vegas, Nevada...

7 months ago - PRNewsWire

Neogen® to Participate in 2024 RBC Capital Markets Global Healthcare Conference

LANSING, Mich. , May 7, 2024 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that the Company will participate in the 2024 RBC Capital Markets Global Healthcare Conference in New Yor...

7 months ago - PRNewsWire

Neogen® Petrifilm® Celebrates 40 Years!

LANSING, Mich. , May 1, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) is celebrating 40 years of Petrifilm, the innovation that changed how microbiologists around the world perform indicator...

7 months ago - PRNewsWire

Neogen® Launches New Molecular Method for Detection of Two Salmonella Serotypes

LANSING, Mich. , April 30, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), a worldwide leader in innovative solutions that help the food and beverage industries ensure safety and quality in t...

7 months ago - PRNewsWire

Neogen® Forms Genomics Relationship with Performance Food Group

LINCOLN, Neb. , April 18, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that it has formed a genomics relationship with Performance Food Group (NYSE: PFGC), making the compan...

Other symbols: PFGC
8 months ago - PRNewsWire

Battered By M&A Integration Issues, Neogen Has To Rebuild Investor Trust

Neogen's acquisition of 3M's food safety operations has done far more harm than good in the short term, as integration issues have undermined financial performance and credibility with investors. The ...

8 months ago - Seeking Alpha

Neogen® Farm Fluid MAX Disinfectant Launches Across Great Britain Livestock & Poultry Markets

GREATER MANCHESTER, England , April 11, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that it has launched Neogen® Farm Fluid MAX in Great Britain and will soon be available ...

8 months ago - PRNewsWire

Neogen Corporation (NEOG) Q3 2024 Earnings Call Transcript

Neogen Corporation (NASDAQ:NEOG) Q3 2024 Earnings Conference Call April 9, 2024 8:00 AM ET Company Participants Bill Waelke - IR John Adent - CEO David Naemura - CFO Conference Call Participants Davi...

8 months ago - Seeking Alpha