In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Neogen Corp (NASDAQ: NEOG) closed at $5.43 in the last session, down -1.27% from day before closing price of $5.5. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 3.43 million shares were traded. NEOG stock price reached its highest trading level at $5.575 during the session, while it also had its lowest trading level at $5.36.
Ratios:
We take a closer look at NEOG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.22 and its Current Ratio is at 3.32. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.43.
On December 19, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $15.
On June 16, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $22.Wells Fargo initiated its Overweight rating on June 16, 2023, with a $22 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 12 ’25 when Gupta Aashima bought 16,000 shares for $6.25 per share. The transaction valued at 99,987 led to the insider holds 21,917 shares of the business.
Woteki Catherine E bought 5,770 shares of NEOG for $29,831 on Apr 25 ’25. The Director now owns 13,244 shares after completing the transaction at $5.17 per share. On Apr 24 ’25, another insider, BOREL JAMES C, who serves as the Director of the company, bought 30,000 shares for $4.99 each. As a result, the insider paid 149,700 and bolstered with 90,474 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NEOG now has a Market Capitalization of 1179423104 and an Enterprise Value of 1964691200. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.32 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at 2.196 whereas that against EBITDA is 16.391.
Stock Price History:
The Beta on a monthly basis for NEOG is 1.84, which has changed by -0.6707095 over the last 52 weeks, in comparison to a change of 0.15005577 over the same period for the S&P500. Over the past 52 weeks, NEOG has reached a high of $17.95, while it has fallen to a 52-week low of $3.87. The 50-Day Moving Average of the stock is 6.23%, while the 200-Day Moving Average is calculated to be -38.72%.
Shares Statistics:
According to the various share statistics, NEOG traded on average about 5.63M shares per day over the past 3-months and 5244810 shares per day over the past 10 days. A total of 217.04M shares are outstanding, with a floating share count of 216.34M. Insiders hold about 0.40% of the company’s shares, while institutions hold 111.20% stake in the company. Shares short for NEOG as of 1753920000 were 17240649 with a Short Ratio of 3.06, compared to 1751241600 on 21162257. Therefore, it implies a Short% of Shares Outstanding of 17240649 and a Short% of Float of 8.979999.
