On Friday, Neogen Corp (NASDAQ: NEOG) was -3.57% drop from the session before settling in for the closing price of $8.96. A 52-week range for NEOG has been $8.31 – $18.58.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 18.78%. When this article was written, the company’s average yearly earnings per share was at -5250.00%. With a float of $216.35 million, this company’s outstanding shares have now reached $216.94 million.
Considering the fact that the conglomerate employs 2917 people, you should pay attention to its efficiency factor. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Neogen Corp stocks. The insider ownership of Neogen Corp is 0.27%, while institutional ownership is 120.29%. 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
According to the Wall Street analysts, stocks earnings will be around -5250.00% per share during the next fiscal year.
Neogen Corp (NASDAQ: NEOG) Trading Performance Indicators
You can see what Neogen Corp (NEOG) is doing with its current performance indicators. In the most recent 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 2.05.
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 0.01 in one year’s time.
Technical Analysis of Neogen Corp (NEOG)
Compared to the last year’s volume of 3.28 million, its volume of 3.14 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 35.26%. Additionally, its Average True Range was 0.43.
During the past 100 days, Neogen Corp’s (NEOG) raw stochastic average was set at 3.89%, which indicates a significant decrease from 18.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.02% in the past 14 days, which was lower than the 45.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.18, while its 200-day Moving Average is $13.92. Nevertheless, the first resistance level for the watch stands at $8.97 in the near term. At $9.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.50. If the price goes on to break the first support level at $8.43, it is likely to go to the next support level at $8.22. Should the price break the second support level, the third support level stands at $7.90.
Neogen Corp (NASDAQ: NEOG) Key Stats
There are 216,944K outstanding shares of the company, which has a market capitalization of 1.87 billion. As of now, sales total 924,220 K while income totals -9,420 K. Its latest quarter income was 231,260 K while its last quarter net income were -456,280 K.
