hoopsAI | NEOG - Real-time Overview

Neogen Corporation: NEOG

Live Analysis Today, Neogen Corporation (NEOG) is priced at $6.04, experiencing a decrease of 18.5 cents (-2.97%) from the previous close of$ 6.23. The trading volume stands at $1.59 million, which is 26.88% higher than the average volume.

Earnings Overview Neogen's latest quarterly earnings report, released on Wednesday, October 8th, shows a price change of 22.5 cents (3.87%) since the release. The earnings per share for the quarter was $0.04, slightly below the consensus estimate of$ 0.05. The company reported a total revenue of $209.19 million, with a year-over-year increase percentage of -3.58%.

Ratios Neogen's financial ratios reveal a quick ratio of 2.22, gross profit margin of 41.18%, and debt-equity ratio of 44.14. The company's return on equity is -29.56%, while the price-to-sales ratio stands at 5.64.

As the market approaches closing, investors will be watching closely to see how NEOG performs in the remaining trading hours.

Key stats

Day's Range

$6.08 - $6.45

Previous Close

$6.16

52-Week Range

$3.87 - $16.79

Market Cap

$1.35B

Volume

Basic EPS (TTM)

-4.8

Beta

1.79

About Neogen Corporation

Sector

Healthcare

Industry

Diagnostics & Research

Country

Website

http://www.neogen.com

Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test for adenosine triphosphate, a chemical found in living cells. This segment offers its products primarily to food and feed processors; grain producers and processors; producers of cookies, crackers, candy, ice cream, and other processed foods; meat and poultry processors, seafood processors, fruit and vegetable producers, and dairies; laboratories; and producers of pharmaceuticals, cosmetics, veterinary vaccines, and nutraceutical products. The Animal Safety segment provides veterinary instruments, pharmaceuticals, vaccines, topicals, diagnostic products, rodenticides, cleaners, disinfectants, insecticides, and genomics testing services for the animal safety market. This segment offers various products for researchers to detect biologically active substances. Its drug detection immunoassay test kits are used for the detection of abused and therapeutic drugs in farm and racing animals; detection of drug residues in meat and meat products; and human forensic toxicology drug screening applications. In addition, this segment's products are also used to maintain sanitary conditions and limit the potential hazards of bacteria, fungi, and viruses. The company sells its products directly, as well as through distributors and retail chains. Neogen Corporation was founded in 1981 and is headquartered in Lansing, Michigan.