On Tuesday, Neogen Corp (NASDAQ: NEOG) opened lower -0.90% from the last session, before settling in for the closing price of $9.98. Price fluctuations for NEOG have ranged from $9.01 to $18.58 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 18.78%. Company’s average yearly earnings per share was noted -5256.25% at the time writing. With a float of $216.35 million, this company’s outstanding shares have now reached $216.94 million.
Let’s determine the extent of company efficiency that accounts for 2917 employees. In terms of profitability, gross margin is 49.09%, operating margin of -46.58%, and the pretax margin is -55.2%.
Neogen Corp (NEOG) Insider Activity
A key investor’s attitude towards the stock of the Diagnostics & Research industry is another important factor to consider. The insider ownership of Neogen Corp is 0.27%, while institutional ownership is 120.30%. The most recent insider transaction that took place on Jan 16 ’25, was worth 164,428. In this transaction CFO of this company bought 14,800 shares at a rate of $11.11, taking the stock ownership to the 61,434 shares. Before that another transaction happened on Jan 16 ’25, when Company’s CEO bought 23,035 for $11.03, making the entire transaction worth $254,076. This insider now owns 269,164 shares in total.
Neogen Corp (NEOG) Earnings and Forecasts
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 -5256.25% per share during the next fiscal year.
Neogen Corp (NASDAQ: NEOG) Trading Performance Indicators
Check out the current performance indicators for Neogen Corp (NEOG). In the past quarter, the stock posted a quick ratio of 2.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.20, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.00 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 2.46 million, which is a drop from its year-to-date volume of 2.63 million. As of the previous 9 days, the stock’s Stochastic %D was 67.69%. Additionally, its Average True Range was 0.48.
During the past 100 days, Neogen Corp’s (NEOG) raw stochastic average was set at 11.31%, which indicates a significant decrease from 53.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.55% in the past 14 days, which was higher than the 43.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.05, while its 200-day Moving Average is $14.27. However, in the short run, Neogen Corp’s stock first resistance to watch stands at $10.07. Second resistance stands at $10.25. The third major resistance level sits at $10.38. If the price goes on to break the first support level at $9.76, it is likely to go to the next support level at $9.62. Should the price break the second support level, the third support level stands at $9.44.
Neogen Corp (NASDAQ: NEOG) Key Stats
There are currently 216,944K shares outstanding in the company with a market cap of 2.15 billion. Presently, the company’s annual sales total 924,220 K according to its annual income of -9,420 K. Last quarter, the company’s sales amounted to 231,260 K and its income totaled -456,280 K.
