Skip to Content

Neogen Corp NEOG

Morningstar Rating
$16.60 −0.18 (1.07%)
View Full Chart
Unlock Our Analysis with Morningstar Investor

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NEOG is trading at a 31% discount.
Price
$16.72
Fair Value
$95.55
Uncertainty
Very High
1-Star Price
$65.32
5-Star Price
$66.63
Economic Moat
Qxbnl
Capital Allocation
Dgytjsyt
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NEOG is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$16.78
Day Range
$16.4616.80
52-Week Range
$14.3724.10
Bid/Ask
$15.42 / $16.60
Market Cap
$3.59 Bil
Volume/Avg
1.4 Mil / 1.7 Mil

Key Statistics

Price/Earnings (Normalized)
31.95
Price/Sales
3.90
Dividend Yield
Dividend Yield (Forward)
Total Yield

Company Profile

Neogen Corporation, headquartered in Lansing, Michigan, develops, manufactures, and markets various products for food and animal safety. In food safety (70% of post-merger sales), Neogen performs diagnostics to detect unintended substances in food and animal feed, such as pathogens, allergens, and drug residues, for food and feed processing companies. In animal safety (20% of post-merger sales), Neogen sells veterinary instruments, pharmaceuticals, disinfectants, and genomics tests for animals, including cattle, horses, and canines. Sales in the United States account for 60% of total revenue, while international markets, including Canada, Europe, Asia, and Latin America, account for the remaining 40%.
Sector
Healthcare
Industry
Diagnostics & Research
Stock Style Box
Small Core
Total Number of Employees
2,640

Valuation

Metric
NEOG
Price/Earnings (Normalized)
31.95
Price/Book Value
1.14
Price/Sales
3.90
Price/Cash Flow
41.15
Price/Earnings
NEOG

Financial Strength

Metric
NEOG
Quick Ratio
2.73
Current Ratio
4.23
Interest Coverage
0.58
Quick Ratio
NEOG

Profitability

Metric
NEOG
Return on Assets (Normalized)
2.92%
Return on Equity (Normalized)
4.17%
Return on Invested Capital (Normalized)
5.33%
Return on Assets
NEOG

Diagnostics & Research Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
TMO
Thermo Fisher Scientific IncDfzk$187.7 Bil
DHR
Danaher CorpSqsrc$161.6 Bil
IDXX
IDEXX Laboratories IncRggnzn$39.1 Bil
IQV
IQVIA Holdings IncQzywzck$38.5 Bil
A
Agilent Technologies IncSdzs$36.5 Bil
MTD
Mettler-Toledo International IncYhrccy$23.5 Bil
ICLR
Icon PLCNzgky$22.0 Bil
LH
Laboratory Corp of America HoldingsZtvbnw$18.0 Bil
WAT
Waters CorpPnxt$16.3 Bil
ILMN
Illumina IncPmcwr$15.3 Bil