Neogen Financials

NEOG Stock  USD 14.98  0.40  2.74%   
Based on the analysis of Neogen's profitability, liquidity, and operating efficiency, Neogen may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Neogen's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Neogen's current Total Current Liabilities is estimated to increase to about 162 M, while Accumulated Other Comprehensive Income is forecasted to increase to (28.5 M). Key indicators impacting Neogen's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio5.473.8182
Way Up
Very volatile
The essential information of the day-to-day investment outlook for Neogen includes many different criteria found on its balance sheet. An individual investor should monitor Neogen's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Neogen.

Net Income

(8.95 Million)

  
Understanding current and past Neogen Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Neogen's financial statements are interrelated, with each one affecting the others. For example, an increase in Neogen's assets may result in an increase in income on the income statement.

Neogen Earnings Geography

Neogen Stock Summary

Neogen competes with Heartbeam, EUDA Health, Nutex Health, Healthcare Triangle, and Mangoceuticals, Common. Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide. Neogen Corporation was incorporated in 1981 and is headquartered in Lansing, Michigan. Neogen Cp operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 2108 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS6404911066
CUSIP640491106
LocationMichigan; U.S.A
Business Address620 Lesher Place,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.neogen.com
Phone517 372 9200
CurrencyUSD - US Dollar

Neogen Key Financial Ratios

Neogen Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets797.2M920.2M992.9M4.6B4.5B4.8B
Other Current Liab22.8M26.6M35.6M57.2M48.6M51.1M
Net Debt(342.6M)(379.8M)605.6M736.8M735.6M772.4M
Retained Earnings478.7M539.6M587.9M565.0M555.6M583.4M
Cash343.7M381.1M381.1M163.2M170.6M179.1M
Net Receivables84.7M91.8M99.7M153.3M173.0M181.7M
Inventory95.1M100.7M122.3M133.8M189.3M198.7M
Other Current Assets14.0M35.7M47.5M53.3M56.0M58.8M
Total Liab72.0M79.8M105.6M1.4B1.4B1.5B
Total Current Assets537.4M591.5M626.8M585.9M589.2M618.7M
Intangible Assets66.6M92.3M107.5M1.6B1.5B1.6B
Accounts Payable25.7M23.9M34.6M76.7M83.1M87.2M
Common Stock8.5M17.2M17.2M34.6M34.7M32.9M
Other Liab22.6M26.2M27.7M375.7M432.1M453.7M
Other Assets2.2M2.0M4.8B15.2M1.00.95
Good Will181.1M228.3M255.5M3.8B2.1B2.2B
Net Tangible Assets599.6M612.1M887.4M3.1B3.6B3.8B

Neogen Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense23.2M78K1.3M56.0M73.4M77.1M
Total Revenue418.2M468.5M527.2M822.4M924.2M970.4M
Gross Profit196.3M215.1M243.0M406.0M463.9M487.1M
Operating Income49.1M53.1M34.9M37.5M58.7M61.6M
Ebit67.3M77.3M84.2M37.5M61.4M64.4M
Ebitda67.5M98.3M107.9M125.9M182.6M191.7M
Cost Of Revenue221.9M253.4M284.1M416.5M460.3M483.3M
Income Before Tax72.3M75.3M60.2M(22.0M)(14.3M)(13.6M)
Net Income59.5M60.9M48.3M(22.9M)(9.4M)(8.9M)
Income Tax Expense12.8M14.4M11.9M828K(4.9M)(4.6M)
Research Development14.8M16.2M17.0M26.0M22.5M23.6M
Tax Provision12.8M14.4M11.9M828K(4.9M)(4.6M)
Interest Income6.0M1.6M1.3M3.2M6.4M6.7M
Net Interest Income6.0M1.6M1.3M(52.8M)(67.0M)(63.7M)

Neogen Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(10.0M)2.5M(21.1M)10.0M(55.9M)(53.2M)
Free Cash Flow61.8M54.4M43.6M(24.7M)(76.2M)(72.3M)
Depreciation18.4M21.0M23.7M88.4M121.2M127.3M
Other Non Cash Items49.4M51.9M73.2M7.4M9.8M10.3M
Capital Expenditures24.1M26.7M24.4M65.8M111.4M117.0M
Net Income59.5M60.9M48.3M(22.9M)(9.4M)(8.9M)
End Period Cash Flow66.3M75.6M44.5M163.2M170.6M179.1M
Change In Cash24.6M9.3M(31.1M)118.8M7.4M6.2M
Investments(51.6M)(28.1M)(34.1M)254.2M(29.3M)(27.8M)
Change Receivables(2.9M)(2.6M)(7.8M)(53.9M)(48.5M)(46.1M)
Change To Netincome8.1M5.8M2.5M(6.4M)(7.4M)(7.0M)

Neogen Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Neogen's current stock value. Our valuation model uses many indicators to compare Neogen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Neogen competition to find correlations between indicators driving Neogen's intrinsic value. More Info.
Neogen is considered to be number one stock in return on equity category among its peers. It is regarded second in return on asset category among its peers . At this time, Neogen's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Neogen by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Neogen Systematic Risk

Neogen's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Neogen volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Neogen correlated with the market. If Beta is less than 0 Neogen generally moves in the opposite direction as compared to the market. If Neogen Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Neogen is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Neogen is generally in the same direction as the market. If Beta > 1 Neogen moves generally in the same direction as, but more than the movement of the benchmark.

Neogen Thematic Clasifications

Neogen is part of several thematic ideas from Health Management to Management. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Neogen Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Neogen's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Neogen growth as a starting point in their analysis.

Price Earnings To Growth Ratio

4.98

At this time, Neogen's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Neogen November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Neogen help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Neogen. We use our internally-developed statistical techniques to arrive at the intrinsic value of Neogen based on widely used predictive technical indicators. In general, we focus on analyzing Neogen Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Neogen's daily price indicators and compare them against related drivers.

Complementary Tools for Neogen Stock analysis

When running Neogen's price analysis, check to measure Neogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neogen is operating at the current time. Most of Neogen's value examination focuses on studying past and present price action to predict the probability of Neogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen's price. Additionally, you may evaluate how the addition of Neogen to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Stocks Directory
Find actively traded stocks across global markets
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data