Neogen Corp's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 59 out of 206 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 12.00.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Neogen Corp is 6.86, ranking 107 out of 206 in the Healthcare Equipment & Supplies industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 211.20M, representing a year-over-year decrease of 4.43%, while its net profit experienced a year-over-year decrease of 55.15%.
Key Metrics
The current valuation score of Neogen Corp is 8.77, ranking 8 out of 206 in the Healthcare Equipment & Supplies industry. Its current P/E ratio is -2.92, which is -31674.29% below the recent high of 921.43 and -33445.68% above the recent low of -978.96.
The current earnings forecast score of Neogen Corp is 7.20, ranking 149 out of 206 in the Healthcare Equipment & Supplies industry. The average price target is 7.25, with a high of 10.00 and a low of 6.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Neogen Corp is 6.11, ranking 158 out of 206 in the Healthcare Equipment & Supplies industry. Currently, the stock price is trading between the resistance level at 9.37 and the support level at 7.59, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Neogen Corp is 10.00, ranking 1 out of 206 in the Healthcare Equipment & Supplies industry. The latest institutional shareholding proportion is 119.45%, representing a quarter-over-quarter increase of 6.66%. The largest institutional shareholder is Ron Baron, holding a total of 5.51M shares, representing 2.53% of shares outstanding, with 27.18% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Healthcare Equipment & Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Neogen Corp is 5.27, ranking 85 out of 206 in the Healthcare Equipment & Supplies industry. The company's beta value is 1.81. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
