In last trading session, Neogen Corp (NASDAQ:NEOG) saw 9.5 million shares changing hands with its beta currently measuring 1.88. Company’s recent per share price level of $6.38 trading at -$0.11 or -1.69% at ring of the bell on the day assigns it a market valuation of $1.38B. That closing price of NEOG’s stock is at a discount of -191.22% from its 52-week high price of $18.58 and is indicating a premium of 39.34% 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 7.72 million shares which gives us an average trading volume of 6.16 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.
Neogen Corp (NASDAQ:NEOG) trade information
Upright in the red during last session for losing -1.69%, in the last five days NEOG remained trading in the green while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $6.38 price level, adding 3.48% to its value on the day. Neogen Corp’s shares saw a change of -47.45% in year-to-date performance and have moved 7.59% in past 5-day. Neogen Corp (NASDAQ:NEOG) showed a performance of 18.15% in past 30-days. Number of shares sold short was 27.14 million shares which calculate 3.05 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a fall of -27.6% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would jump 21.63% in reaching the projected high whereas dropping to the targeted low would mean a gain of 21.63% for stock’s current value.
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 0.32% of company’s total shares while institution are holding 123.93 percent of that, with stock having share float percentage of 124.32%. Investors also watch the number of corporate investors in a company very closely, which is 123.93% 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 $77.88 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 $44.0 million in the company or a holder of 3.18% of company’s stock.
