Neogen Corp (NASDAQ: NEOG) is -54.78% lower on its value in year-to-date trading and has touched a low of $3.87 and a high of $18.58 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NEOG stock was last observed hovering at around $5.64 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $5.49, the stock is 4.99% and -27.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.09 million and changing -2.66% at the moment leaves the stock -56.35% off its SMA200. NEOG registered -55.90% loss for a year compared to 6-month loss of -61.55%.
The stock witnessed a -29.62% gain in the last 1 month and extending the period to 3 months gives it a -48.40%, and is 9.15% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.47% over the week and 10.27% over the month.
Neogen Corp (NEOG) has around 2917 employees, a market worth around $1.19B and $906.00M in sales. Profit margin for the company is -53.56%. Distance from 52-week low is 41.86% and -70.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.67%).
The EPS is expected to shrink by -5450.00% this year.
Neogen Corp (NEOG) Top Institutional Holders
The shares outstanding are 217.04M, and float is at 216.31M with Short Float at 12.09%.
The top institutional shareholder in the company is BLACKROCK INC. with over 25.01 million shares valued at $390.98 million. The investor’s holdings represent 11.555% of the NEOG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.6 million shares valued at $306.27 million to account for 9.0517 of the shares outstanding. The other top investors are NORGES BANK which holds 18.21 million shares representing 8.4096% and valued at over $284.55 million, while SELECT EQUITY GROUP, L.P. holds 7.174 of the shares totaling 15.53 million with a market value of $242.74 million.
Neogen Corp (NEOG) Insider Activity
The most recent transaction is an insider purchase by Woteki Catherine E, the company’s Director. SEC filings show that Woteki Catherine E bought 5,770 shares of the company’s common stock on Apr 25 ’25 at a price of $5.17 per share for a total of $29831.0. Following the purchase, the insider now owns 13244.0 shares.
Neogen Corp disclosed in a document filed with the SEC on Apr 24 ’25 that BOREL JAMES C (Director) bought a total of 30,000 shares of the company’s common stock. The trade occurred on Apr 24 ’25 and was made at $4.99 per share for $0.15 million. Following the transaction, the insider now directly holds 90474.0 shares of the NEOG stock.
Still, SEC filings show that on Apr 24 ’25, BOEHM WILLIAM T (Director) acquired 5,000 shares at an average price of $5.24 for $26175.0. The insider now directly holds 36,214 shares of Neogen Corp (NEOG).
