Recent significant negative changes in fundamentals have affected Neogen Corp (NASDAQ: NEOG): the consensus estimate for May, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for May, 2025 decreased significantly.
Important negative changes in Neogen Corp (NASDAQ: NEOG) investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Neogen has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Neogen has a good Appreciation Score of 79 but a very low Power Rating of 2, triggering the Negative Value Trend Rating.
Recent Price Action
On 2/28/25, Neogen Corp (NASDAQ: NEOG) stock declined slightly by -0.3%, closing at $10.05. Moreover, trading volume in this decline was above average at 139% of normal. Relative to the market the stock has been extremely weak over the last nine months but is unchanged during the last week.
Be the first to comment