Neogen Corporation (NEOG)
NASDAQ: NEOG · IEX Real-Time Price · USD
12.14
+0.18 (1.51%)
At close: Apr 26, 2024, 4:00 PM
12.10
-0.04 (-0.33%)
After-hours: Apr 26, 2024, 4:59 PM EDT
Neogen Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Neogen stock have an average target of 22.5, with a low estimate of 17 and a high estimate of 28. The average target predicts an increase of 85.34% from the current stock price of 12.14.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Neogen stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $19 → $17 | Hold | Maintains | $19 → $17 | +40.03% | Apr 15, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | +56.51% | Jan 18, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $18 | Hold | Maintains | $24 → $18 | +44.15% | Oct 16, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $22 → $28 | Buy | Maintains | $22 → $28 | +130.64% | Aug 14, 2023 |
| Wells Fargo | Wells Fargo | Buy Initiates $22 | Buy | Initiates | $22 | +81.22% | Jun 16, 2023 |
Financial Forecast
Revenue This Year
956.92M
from 822.45M
Increased by 16.35%
Revenue Next Year
1.01B
from 956.92M
Increased by 5.02%
EPS This Year
0.55
from -0.12
EPS Next Year
0.73
from 0.55
Increased by 33.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 985.4M | 1.0B | 1.1B |
| Avg | 956.9M | 1.0B | 1.1B |
| Low | 919.0M | 961.1M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.8% | 8.7% | 12.3% |
| Avg | 16.4% | 5.0% | 9.2% |
| Low | 11.7% | 0.4% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.57 | 0.76 |
| Avg | 0.55 | 0.73 |
| Low | 0.53 | 0.71 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 37.3% |
| Avg | - | 33.3% |
| Low | - | 28.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.