In last trading session, Neogen Corp (NASDAQ:NEOG) saw 6.65 million shares changing hands with its beta currently measuring 1.91. Company’s recent per share price level of $5.20 trading at $0.28 or 5.69% at ring of the bell on the day assigns it a market valuation of $1.13B. That closing price of NEOG’s stock is at a discount of -257.31% from its 52-week high price of $18.58 and is indicating a premium of 25.58% from its 52-week low price of $3.87. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.05 million shares which gives us an average trading volume of 5.08 million if we extend that period to 3-months.
For Neogen Corp (NEOG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.1 in the current quarter.
Neogen Corp (NASDAQ:NEOG) trade information
Upright in the green during last session for gaining 5.69%, in the last five days NEOG remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $5.20 price level, adding 1.52% to its value on the day. Neogen Corp’s shares saw a change of -57.17% in year-to-date performance and have moved 13.04% in past 5-day. Neogen Corp (NASDAQ:NEOG) showed a performance of -38.46% in past 30-days. Number of shares sold short was 26.22 million shares which calculate 5.96 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 17.5 to the stock, which implies a rise of 70.29% to its current value. Analysts have been projecting 17.5 as a low price target for the stock while placing it at a high target of 17.5. It follows that stock’s current price would drop -236.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -236.54% for stock’s current value.
Neogen Corp (NEOG) estimates and forecasts
This year revenue growth is estimated to fall -3.52% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 222.53M for the same. And 3 analysts are in estimates of company making revenue of 218.07M in the next quarter. Company posted 236.79M and 216.96M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -5450.00% while estimates for its earnings growth in next 5 years are of -4.00%.
Neogen Corp (NASDAQ:NEOG)’s Major holders
Insiders are in possession of 0.29% of company’s total shares while institution are holding 121.77 percent of that, with stock having share float percentage of 122.12%. Investors also watch the number of corporate investors in a company very closely, which is 121.77% institutions for Neogen Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at NEOG for having 25.01 million shares of worth $390.98 million. And as of 2024-06-30, it was holding 11.555 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 19.6 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.0517 of outstanding shares, having a total worth of $306.27 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 12.21 shares of worth $63.47 million or 5.62% of the total outstanding shares. The later fund manager was in possession of 6.9 shares on Dec 31, 2024 , making its stake of worth around $35.86 million in the company or a holder of 3.18% of company’s stock.
