Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Neogen (NEOG-Q) operates as a products and service provider for food and animal safety. The company has shown healthy sales growth in the last few years, but consensus estimates suggest a slower growth rate of 6% over the next few years. The balance sheet is leveraged with significant net debt, and the company is currently reinvesting heavily for growth. However, experts believe there may be better opportunities in the current market.

Consensus
Cautious
Valuation
Fair Value
DON'T BUY
Neogen
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

NEOG operates as a products and service provider for food and animal safety and is now trading at 29x times' Forward P/E. In the last few years, sales growth has been healthy, with 5-year sales growaround 18%. Having said that, based on consensus estimates, sales are expected to grow by 6% over the next few years. The balance sheet is leveraged with net debt of $662M and  net debt/EBITDA of 3.1x. The negative free cash flow comes as the company is currently reinvesting heavily to pursue growth, but this may not show up in the intermeditate term: as noted expected growth over the next few years is only around 6%; EPS dipped in 2023 with inflation and labour pressures, but on an adjusted earnings basis an EPS recovery (but still just back to prior levels) is expected in 2024 and 2025. Still, we think there are better opportunities in the current market.
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food services
BUY
Neogen
Now's the time to own companies that make products or concrete services with real earnings. Yesterday, 3M said it will spin off its food safety business and merge with NEOG, another food safety company that flies under the radar. He likes it, especially after this pure-play merger. Both stocks have since rallied since the news.
food services
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Neogen(NEOG-Q) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Neogen is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Neogen(NEOG-Q) Frequently Asked Questions

What is Neogen stock symbol?

Neogen is a American stock, trading under the symbol NEOG-Q on the NASDAQ (NEOG). It is usually referred to as NASDAQ:NEOG or NEOG-Q

Is Neogen a buy or a sell?

In the last year, 1 stock analyst published opinions about NEOG-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Neogen.

Is Neogen a good investment or a top pick?

Neogen was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Neogen.

Why is Neogen stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Neogen worth watching?

In the last year, there was no coverage of Neogen published on Stockchase.

What is Neogen stock price?

On 2024-02-20, Neogen (NEOG-Q) stock closed at a price of $17.26.