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Neogen Corporation (NEOG)

Healthcare | Medical Devices | Lansing, United States | NasdaqGS
11.66 USD -0.08 (-0.681%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 11.66

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:58 a.m. EDT

The long-term investment case is severely compromised by a brutal multi-year decline; the stock has lost nearly 74% of its value over the last nine years, with the last two years showing consecutive negative returns. This trajectory indicates a structural deterioration where the market has permanently reassessed the business quality, rendering any current valuation metrics like P/E or book value misleading. While the company maintains a fortress-like balance sheet with minimal debt relative to equity and strong cash generation, the persistent inability to generate positive earnings and the shrinking revenue base suggest a failing core business model that cannot sustain a higher valuation. The short-term outlook remains murky; while the stock has recently bounced off its lows, the lack of earnings growth and the defensive positioning in options markets suggest this is likely a capitulation rally rather than a genuine trend reversal. Investors should avoid this security until there is clear, sustained evidence of a turnaround in both top-line growth and profitability.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.063614
MSTL0.063778
AutoARIMA0.067071
AutoTheta0.088983

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 25%
H-stat 53.65
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 2.59
Attribute Value
Sector Healthcare
Debt to Equity Ratio 38.827
Revenue per Share 4.002
Market Cap 2,543,116,032
Forward P/E 30.68
Beta 1.77
Profit Margins -0.91%
Website https://www.neogen.com

As of Aug. 22, 2026, 5:58 a.m. EDT: Speculators are positioning defensively with heavy put volume at strikes significantly below the current price (7.5 and 10.0), creating a 'floor' scenario. Call interest is concentrated at the money and slightly out-of-the-money, suggesting a hope for a rebound to current levels rather than a breakout. The implied volatility is elevated, reflecting uncertainty about whether the stock can recover from its recent lows.


Info Dump

Attribute Value
52 Week Change 1.0815604
Address1 620 Lesher Place
All Time High 48.85
All Time Low 0.122253
Ask 14.68
Ask Size 2
Audit Risk 10
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 1,451,700
Average Daily Volume3 Month 2,003,204
Average Volume 2,003,204
Average Volume10Days 1,451,700
Beta 1.77
Bid 8.44
Bid Size 2
Board Risk 3
Book Value 9.614
City Lansing
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 11.66
Current Ratio 3.822
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 11.79
Day Low 11.43
Debt To Equity 38.827
Display Name Neogen
Earnings Call Timestamp End 1,785,412,800
Earnings Call Timestamp Start 1,785,412,800
Earnings Timestamp 1,785,414,600
Earnings Timestamp End 1,791,462,600
Earnings Timestamp Start 1,791,462,600
Ebitda 94,700,000
Ebitda Margins 0.1088
Enterprise To Ebitda 33.47
Enterprise To Revenue 3.642
Enterprise Value 3,169,633,024
Eps Current Year 0.31
Eps Forward 0.38
Eps Trailing Twelve Months -0.04
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.4106
Fifty Day Average Change 1.2494001
Fifty Day Average Change Percent 0.12001231
Fifty Two Week Change Percent 108.15604
Fifty Two Week High 12.85
Fifty Two Week High Change -1.1900005
Fifty Two Week High Change Percent -0.09260704
Fifty Two Week Low 4.9
Fifty Two Week Low Change 6.7599998
Fifty Two Week Low Change Percent 1.3795917
Fifty Two Week Range 4.9 - 12.85
Financial Currency USD
First Trade Date Milliseconds 619,882,200,000
Float Shares 217,098,750
Forward Eps 0.38
Forward P E 30.68421
Free Cashflow 69,500,000
Full Exchange Name NasdaqGS
Full Time Employees 2,636
Fullday Change -0.0799999
Fullday Change Percent -0.68143
Fullday Price 11.66
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.46932
Gross Profits 408,500,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0070499997
Held Percent Institutions 1.11414
Implied Shares Outstanding 218,106,005
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ir Website http://www.neogen.com/Corporate/invest.html
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,780,185,600
Last Split Date 1,623,024,000
Last Split Factor 2:1
Long Business Summary Neogen Corporation develops, manufactures, and markets various products and services for food and animal safety in the United States and internationally. It operates through Food Safety and Animal Safety segments. The company offers diagnostic test kits and complementary products to detect dangerous and/or unintended substances in human food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns for food producers and processors. It also provides reagents and test kits used in immunoassay production, forensic and animal toxicology, and life science research; unique colorimetric and chemiluminescent substrates for research use; veterinary instruments and delivery systems used for administering antibiotics and vaccines under the Ideal and Prima Tech brands; and precision instruments designed for injections, topical and oral administration, artificial insemination, and animal identification for farmers, ranchers, and veterinarian under the Prima Tech brand. In addition, the company offers digestive aids and nutritional supplements; Natural Vitamin E-AD to address vitamin deficiencies in swine, cattle, and sheep; RenaKare; companion animal parasiticides under Provecta brand; BotVax B; EqStim; ImmunoRegulin, used in dogs to assist in managing pyoderma; companion animal parasiticides under the Provecta brand; rodent and insect control products under the Ramik, CyKill, Havoc, Prozap, SureKill, and StandGuard brands. Further, it markets Uniprim, a veterinary antibiotic; operates sgenomics labs offering DNA genotyping, sequencing, and trait analysis for livestock and companion animals; and provides software systems that help testers to analyze and store results and perform analysis on the results from multiple locations over extended periods. Neogen Corporation was incorporated in 1981 and is headquartered in Lansing, Michigan.
Long Name Neogen Corporation
Market us_market
Market Cap 2,543,116,032
Market State CLOSED
Max Age 86,400
Message Board Id finmb_339683
Most Recent Quarter 1,780,185,600
Net Income To Common -7,900,000
Next Fiscal Year End 1,811,721,600
Non Diluted Market Cap 2,560,564,498
Number Of Analyst Opinions 3
Open 11.71
Operating Cashflow 83,200,000
Operating Margins 0.0137600005
Overall Risk 7
Payout Ratio 0.0
Peg Ratio 0.66
Phone 517 372 9200
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 11.66
Post Market Time 1,787,959,805
Previous Close 11.74
Price Eps Current Year 37.612904
Price Hint 2
Price To Book 1.2128146
Price To Sales Trailing12 Months 2.9217784
Profit Margins -0.00908
Quick Ratio 2.101
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change -0.0799999
Regular Market Change Percent -0.68143
Regular Market Day High 11.79
Regular Market Day Low 11.43
Regular Market Day Range 11.43 - 11.79
Regular Market Open 11.71
Regular Market Previous Close 11.74
Regular Market Price 11.66
Regular Market Time 1,787,947,200
Regular Market Volume 1,055,763
Return On Assets -0.00398
Return On Equity -0.00379
Revenue Growth -0.001
Revenue Per Share 4.002
Sand P52 Week Change 0.20504117
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 6
Shares Outstanding 218,106,005
Shares Percent Shares Out 0.045500003
Shares Short 9,933,588
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 10,786,299
Short Name Neogen Corporation
Short Percent Of Float 0.0608
Short Ratio 4.47
Source Interval 15
State MI
Symbol NEOG
Target High Price 14.0
Target Low Price 12.0
Target Mean Price 13.33333
Target Median Price 14.0
Total Cash 185,500,000
Total Cash Per Share 0.851
Total Debt 812,600,000
Total Revenue 870,400,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.04
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 9.20525
Two Hundred Day Average Change 2.45475
Two Hundred Day Average Change Percent 0.2666685
Type Disp Equity
Volume 1,055,763
Website https://www.neogen.com
Zip 48,912-1595