A new trading day began on Monday, with Neogen Corp (NASDAQ: NEOG) stock price down -7.10% from the previous day of trading, before settling in for the closing price of $6.06. NEOG’s price has ranged from $3.87 to $16.79 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged 95.86%. With a float of $215.80 million, this company’s outstanding shares have now reached $217.04 million.
Neogen Corp (NEOG) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Diagnostics & Research Industry. The insider ownership of Neogen Corp is 0.65%, while institutional ownership is 111.22%. The most recent insider transaction that took place on May 12 ’25, was worth 99,987. In this transaction Director of this company bought 16,000 shares at a rate of $6.25, taking the stock ownership to the 21,917 shares. Before that another transaction happened on Apr 25 ’25, when Company’s Director bought 5,770 for $5.17, making the entire transaction worth $29,831. This insider now owns 13,244 shares in total.
Neogen Corp (NEOG) Latest Financial update
In its latest quarterly report, released on 8/31/2024, the company reported earnings of 0.07 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 95.86% per share during the next fiscal year.
Neogen Corp (NASDAQ: NEOG) Trading Performance Indicators
Here are Neogen Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.03, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.14 in one year’s time.
Technical Analysis of Neogen Corp (NEOG)
The latest stats from [Neogen Corp, NEOG] show that its last 5-days average volume of 6.13 million was superior to 5.58 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.10%.
During the past 100 days, Neogen Corp’s (NEOG) raw stochastic average was set at 52.12%, which indicates a significant decrease from 53.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.33 in the past 14 days, which was higher than the 0.28 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.45, while its 200-day Moving Average is $7.36. Now, the first resistance to watch is $5.96. This is followed by the second major resistance level at $6.30. The third major resistance level sits at $6.49. If the price goes on to break the first support level at $5.43, it is likely to go to the next support level at $5.24. The third support level lies at $4.90 if the price breaches the second support level.
Neogen Corp (NASDAQ: NEOG) Key Stats
With a market capitalization of 1.22 billion, the company has a total of 217,205K Shares Outstanding. Currently, annual sales are 894,660 K while annual income is -1,092 M. The company’s previous quarter sales were 225,460 K while its latest quarter income was -612,200 K.
