Neogen Corp. (NASDAQ: NEOG) kicked off on Monday, down -3.10% from the previous trading day, before settling in for the closing price of $14.50. Over the past 52 weeks, NEOG has traded in a range of $11.46-$20.89.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 18.78%. While this was happening, its average annual earnings per share was recorded 91.67%. With a float of $216.23 million, this company’s outstanding shares have now reached $216.61 million.
Let’s determine the extent of company efficiency that accounts for 2917 employees. In terms of profitability, gross margin is 50.12%, operating margin of 5.08%, and the pretax margin is -3.46%.
Neogen Corp. (NEOG) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Diagnostics & Research Industry. The insider ownership of Neogen Corp. is 0.22%, while institutional ownership is 116.60%. The most recent insider transaction that took place on Oct 11 ’24, was worth 200,100. In this transaction CEO of this company bought 14,500 shares at a rate of $13.80, taking the stock ownership to the 216,477 shares. Before that another transaction happened on Aug 06 ’24, when Company’s Director bought 3,000 for $16.86, making the entire transaction worth $50,571. This insider now owns 23,392 shares in total.
Neogen Corp. (NEOG) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 8/31/2024, the organization reported 0.11 earnings per share (EPS), lower than consensus estimate (set at 0.14) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 91.67% per share during the next fiscal year.
Neogen Corp. (NASDAQ: NEOG) Trading Performance Indicators
Take a look at Neogen Corp.’s (NEOG) current performance indicators. Last quarter, stock had a quick ratio of 2.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.13 in one year’s time.
Technical Analysis of Neogen Corp. (NEOG)
Looking closely at Neogen Corp. (NASDAQ: NEOG), its last 5-days average volume was 1.21 million, which is a drop from its year-to-date volume of 1.95 million. As of the previous 9 days, the stock’s Stochastic %D was 54.52%. Additionally, its Average True Range was 0.64.
During the past 100 days, Neogen Corp.’s (NEOG) raw stochastic average was set at 19.54%, which indicates a significant decrease from 24.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.51% in the past 14 days, which was higher than the 48.23% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.94, while its 200-day Moving Average is $15.56. However, in the short run, Neogen Corp.’s stock first resistance to watch stands at $14.41. Second resistance stands at $14.77. The third major resistance level sits at $15.01. If the price goes on to break the first support level at $13.80, it is likely to go to the next support level at $13.56. Now, if the price goes above the second support level, the third support stands at $13.20.
Neogen Corp. (NASDAQ: NEOG) Key Stats
The company with the Market Capitalisation of 3.04 billion has total of 216,608K Shares Outstanding. Its annual sales at the moment are 924,220 K in contrast with the sum of -9,420 K annual income. Company’s last quarter sales were recorded 216,960 K and last quarter income was -12,610 K.
