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Neogen Corporation (NEOG)

NASDAQ: NEOG · IEX Real-Time Price · USD
41.09 -0.25 (-0.60%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap4.42B
Revenue (ttm)487.44M
Net Income (ttm)62.10M
Shares Out107.49M
EPS (ttm)0.58
PE Ratio70.84
Forward PE59.52
Dividendn/a
Ex-Dividend Daten/a
Volume225,016
Open41.26
Previous Close41.34
Day's Range40.96 - 41.63
52-Week Range33.83 - 48.85
Beta0.49
AnalystsHold
Price Target55.00 (+33.9%)
Est. Earnings DateDec 21, 2021

About NEOG

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. 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, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanita...

IndustryHealth Care Equipment & Supplies
IPO DateAug 23, 1989
CEOJohn Adent
Employees1,841
Stock ExchangeNASDAQ
Ticker SymbolNEOG
Full Company Profile

Financial Performance

In 2021, NEOG's revenue was $468.46 million, an increase of 12.03% compared to the previous year's $418.17 million. Earnings were $60.88 million, an increase of 2.37%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NEOG stock is "Hold." The 12-month stock price forecast is 55.00, which is an increase of 33.85% from the latest price.

Price Target
$55.00
(33.85% upside)
Analyst Consensus: Hold

News

Neogen (NEOG) Down 0.4% Since Last Earnings Report: Can It Rebound?

Neogen (NEOG) reported earnings 30 days ago. What's next for the stock?

1 day ago - Zacks Investment Research

OMRI Lists NEOGEN's AquaPrime® NeoKlor, AquaPrime Activator for Use in Canada

LEXINGTON, Ky., Oct. 6, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that its AquaPrime® NeoKlor and BioSentry® AquaPrime Activator have been reviewed by the Organic Materials ...

2 weeks ago - PRNewsWire

Here's Why You Should Add Neogen (NEOG) to Your Portfolio Now

Investors are optimistic about Neogen (NEOG) on strength in its Food Safety and Animal Safety business segments.

2 weeks ago - Zacks Investment Research

NEOGEN, FFA Announce 2022 Sponsorship Agreement

LANSING, Mich., Oct. 4, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that it has renewed its sponsorship agreement with the National FFA that will support the organization's 20...

2 weeks ago - PRNewsWire

Notable Neogen Insider Trades $1.2M In Company Stock

Steven J Quinlan, Vice President And CFO at Neogen (NASDAQ:NEOG), made a large buy and sell of company shares on September 30, according to a new SEC filing. What Happened: A Form 4 filing from the U.S....

3 weeks ago - Benzinga

NEOGEN (NEOG) Inks Genomic Selection Deal With Hendrix

Hendrix Genetics with the help of NEOGEN's (NEOG) Genomics will be able to genotype the elite animals in the population.

3 weeks ago - Zacks Investment Research

NEOGEN Partners with Hendrix Genetics to Improve Genetic Performance in Africa

LINCOLN, Neb., Sept. 28, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that they have partnered with Hendrix Genetics, a multi-species animal breeding, genetics, and technology ...

3 weeks ago - PRNewsWire

NEOGEN (NEOG) Igenity Branded Calves Score Highest US Sales

NEOGEN's (NEOG) Igenity-tested calves earn an average premium of over $59 in the summer selling season.

3 weeks ago - Zacks Investment Research

All You Need to Know About Neogen (NEOG) Rating Upgrade to Buy

Neogen (NEOG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 weeks ago - Zacks Investment Research

Neogen (NEOG) Q1 Earnings Top Estimates, Gross Margin Up

Strong segmental performance and contributions from new acquisitions and product launches drove Neogen's (NEOG) revenues in the first quarter of fiscal 2022.

4 weeks ago - Zacks Investment Research

Igenity® Branded Calves Top Livestock Sales Throughout US

LINCOLN, Neb., Sept. 23, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) has a marketing tool available for cattle producers that helps to mitigate the risk associated with purchasing calves in t...

4 weeks ago - PRNewsWire

Recap: Neogen Q1 Earnings

Neogen(NASDAQ:NEOG) stock fell by 0.82% on Wednesday after the company reported its Q1 earnings results on Tuesday, September 21, 2021 at 08:45 AM. Here's what investors need to know about the announcem...

1 month ago - Benzinga

Neogen (NEOG) to Report Q1 Results: What You Should Expect

Neogen (NEOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

NEOGEN (NEOG) to Enter Retail Parasiticide Space With New Buyout

NEOGEN's (NEOG) acquisition of CAPInnoVet expands its Animal Safety division and offers a strategic entry into the retail parasiticide market.

1 month ago - Zacks Investment Research

Neogen (NEOG) Beats Q1 Earnings and Revenue Estimates

Neogen (NEOG) delivered earnings and revenue surprises of 6.67% and 4.82%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Neogen Announces Record Revenue in First Quarter

LANSING, Mich., Sept. 21, 2021 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today the results of the first quarter of its 2022 fiscal year, which ended August 31.

1 month ago - PRNewsWire

Neogen Acquires CAPInnoVet For Undisclosed Sum

Neogen Corporation (NASDAQ: NEOG) has acquired CAPInnoVet, Inc, an Atlanta-based companion animal health company. Deal terms were not disclosed.

1 month ago - Benzinga

NEOGEN Acquires CAPInnoVet, Inc.

LANSING, Mich., Sept. 20, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that it has acquired Atlanta-based CAPInnoVet, Inc., a companion animal health company that provides pet ...

1 month ago - PRNewsWire

Neogen (NEOG) Down 4.1% Since Last Earnings Report: Can It Rebound?

Neogen (NEOG) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Here's Why You Should Retain Neogen (NEOG) Stock for Now

Strong fiscal fourth-quarter performance in the Food Safety and Animal Safety segments drove the top line for Neogen (NEOG).

2 months ago - Zacks Investment Research

NEOGEN Launches Reveal® Q+ for Δ9-THC in Hemp

LANSING, Mich., July 28, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) announced today that they have launched a test that can quickly and accurately detect levels of the delta-9-tetrahydrocann...

2 months ago - PRNewsWire

Neogen (NEOG) Misses Q4 Earnings, Tops Revenue Estimates

Strong segmental revenues and solid international performance across Neogen's (NEOG) entire business drove its topline.

3 months ago - Zacks Investment Research

Neogen (NEOG) Lags Q4 Earnings Estimates

Neogen (NEOG) delivered earnings and revenue surprises of -6.25% and 2.02%, respectively, for the quarter ended May 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Supply Chain Issues Hit Neogen's Q4 Margins, Earnings

Neogen Corporation (NASDAQ: NEOG) reported a Q4 net income of $0.15 per share, missing a consensus estimate of $0.16  Q4 Revenues increased 17% Y/Y to $127.4 million ahead of the analysts' estimate of $...

3 months ago - Benzinga

Neogen: Q4 Earnings Insights

Shares of Neogen (NASDAQ:NEOG) decreased 0.8% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 51.61% over the past year to $0.15, which missed...

3 months ago - Benzinga