In the last trading session, 3.68 million Neogen Corp (NASDAQ:NEOG) shares changed hands as the company’s beta touched 1.91. With the company’s per share price at $6.40 changed hands at -$0.21 or -3.18% during last session, the market valuation stood at $1.39B. NEOG’s last price was a discount, traded about -190.31% off its 52-week high of $18.58. The share price had its 52-week low at $3.87, which suggests the last value was 39.53% up since then.
Analysts gave the Neogen Corp (NEOG) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended NEOG as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Neogen Corp’s EPS for the current quarter is expected to be 0.1.
Neogen Corp (NASDAQ:NEOG) trade information
Instantly NEOG was in red as seen at the end of in last trading. With action -1.54%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -47.28%, with the 5-day performance at -1.54% in the red. However, in the 30-day time frame, Neogen Corp (NASDAQ:NEOG) is 45.79% up.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need a downside of -28.0% from its current market value. According to analyst projections, NEOG’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a 21.88% surge from its current level, while the stock would need to tank 21.88% for it to hit the projected low.
Neogen Corp (NEOG) estimates and forecasts
Year-over-year growth is forecast to reach -3.52% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 222.53M. 3 analysts are of the opinion that Neogen Corp’s revenue for the current quarter will be 218.07M. The company’s revenue for the corresponding quarters a year ago was 236.79M and 216.96M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -6.02%. The estimates for the next quarter sales put growth at 0.51%.
The 2025 estimates are for Neogen Corp earnings to decrease by -5450.00%, but the outlook for the next 5-year period is at -4.00% per year.
Neogen Corp (NASDAQ:NEOG)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.0517% or 19.6 million shares worth $306.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 12.21 shares estimated at $78.12 million under it, the former controlled 5.62% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.18% of the shares, roughly 6.9 shares worth around $44.14 million.
