Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $9.05 in the prior trading day, Neogen Corp (NASDAQ: NEOG) closed at $9.30, up 2.76%. In other words, the price has increased by $2.76 from its previous closing price. On the day, 3.87 million shares were traded. NEOG stock price reached its highest trading level at $9.33 during the session, while it also had its lowest trading level at $8.785.
Ratios:
Our goal is to gain a better understanding of NEOG by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 3.77. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on December 19, 2024, initiated with a Buy rating and assigned the stock a target price of $15.
On June 16, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $22.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 16 ’25 when Naemura David H. bought 14,800 shares for $11.11 per share. The transaction valued at 164,428 led to the insider holds 61,434 shares of the business.
ADENT JOHN EDWARD bought 23,035 shares of NEOG for $254,076 on Jan 16 ’25. The CEO now owns 269,164 shares after completing the transaction at $11.03 per share. On Oct 11 ’24, another insider, ADENT JOHN EDWARD, who serves as the CEO of the company, bought 14,500 shares for $13.80 each. As a result, the insider paid 200,100 and bolstered with 216,477 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 2017579264 and an Enterprise Value of 2770768384. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.21 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 3.032 whereas that against EBITDA is 16.725.
Stock Price History:
The Beta on a monthly basis for NEOG is 1.55, which has changed by -0.38451356 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, NEOG has reached a high of $18.58, while it has fallen to a 52-week low of $9.01. The 50-Day Moving Average of the stock is -13.96%, while the 200-Day Moving Average is calculated to be -34.44%.
Shares Statistics:
The stock has traded on average 2.56M shares per day over the past 3-months and 2751750 shares per day over the last 10 days, according to various share statistics. A total of 216.94M shares are outstanding, with a floating share count of 216.35M. Insiders hold about 0.27% of the company’s shares, while institutions hold 120.31% stake in the company. Shares short for NEOG as of 1740700800 were 23124253 with a Short Ratio of 9.05, compared to 1738281600 on 20091205. Therefore, it implies a Short% of Shares Outstanding of 23124253 and a Short% of Float of 12.060001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
