Neogen Stock Analysis

Neogen Stock Analysis Notes

About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.12. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Neogen has Price/Earnings To Growth (PEG) ratio of 0.66. The entity recorded a loss per share of 2.78. The firm had not issued any dividends in recent years. Neogen had 2:1 split on the 7th of June 2021. 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. To find out more about Neogen contact Mike Nassif at 517 372 9200 or learn more at https://www.neogen.com.

Neogen Investment Alerts

Neogen Largest EPS Surprises

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Neogen Environmental, Social, and Governance (ESG) Scores

Neogen Stock Institutional Investors

Note, although Neogen's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Neogen Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.35 B.

Neogen Profitablity

The company has Profit Margin (PM) of (0.68) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.02) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.02.

Management Efficiency

The Neogen's current Return On Tangible Assets is estimated to increase to -1.23. The current Return On Capital Employed is estimated to decrease to 0. At this time, Neogen's Non Currrent Assets Other are most likely to increase significantly in the upcoming years. The Neogen's current Other Current Assets is estimated to increase to about 125.2 M, while Return On Tangible Assets are forecasted to increase to (1.23). Neogen's management efficiency ratios could be used to measure how well Neogen manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 10th of February, Neogen secures the Risk Adjusted Performance of 0.1701, mean deviation of 2.51, and Downside Deviation of 2.63. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Neogen, as well as the relationship between them. Please verify Neogen treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Neogen is priced some-what accurately, providing market reflects its recent price of 10.73 per share. Given that Neogen has jensen alpha of 0.8005, we recommend you to check Neogen's last-minute market performance to make sure the company can sustain itself at a future point.

Neogen Price Movement Analysis

Neogen Insider Trading Activities

Neogen Outstanding Bonds

Neogen Predictive Daily Indicators

Neogen Corporate Filings

Neogen Forecast Models

Neogen's time-series forecasting models are one of many Neogen's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Neogen's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Neogen Bond Ratings

Neogen financial ratings play a critical role in determining how much Neogen have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Neogen's borrowing costs.

Neogen Debt to Cash Allocation

Neogen currently holds 912.61 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Neogen has a current ratio of 8.89, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Neogen's use of debt, we should always consider it together with its cash and equity.

Neogen Total Assets Over Time

Neogen Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Neogen uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Neogen Debt Ratio

32.0

It seems as roughly 68% of Neogen's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Neogen's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Neogen, which in turn will lower the firm's financial flexibility.

Neogen Corporate Bonds Issued

Neogen Short Long Term Debt Total

Stock analysis is the technique used by a trader or investor to examine and evaluate how Neogen prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Neogen shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Neogen. By using and applying Neogen Stock analysis, traders can create a robust methodology for identifying Neogen entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Neogen analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Neogen analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Neogen stock analysis indicators help investors evaluate how Neogen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Neogen shares will generate the highest return on investment. By understating and applying Neogen stock analysis, traders can identify Neogen position entry and exit signals to maximize returns.

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.