Neogen Corporation

Neogen Corporation

NEOG · NASDAQ · Healthcare / Medical Devices

11.23USD+0.04 (+0.36%)

Price History

Full chart

Market Stats

Previous Close11.19
Open11.26
Day Range11.04 – 11.35
52-Week Range5.37 – 14.26
Volume1.80M
Market Cap3.00B
P/E (TTM)0.00
Forward P/E16.00
EPS-0.04
Dividend Yield0.00%
Beta1.76
50-Day Avg11.62
200-Day Avg9.84

About

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.

Company Details

  • SectorHealthcare
  • IndustryMedical Devices
  • CEOMr. Mikhael Nassif
  • Employees2.64K
  • Headquarters620 Lesher Place, Lansing, MI, United States, 48912-1595, USA
  • Websitehttps://www.neogen.com

Leadership

  • Mr. Mikhael NassifCEO, President & Director · b. 1976
  • Mr. R. Bryan Riggsbee CPACFO & Senior Vice President · b. 1970
  • Ms. Jennifer Evans Stacey Esq., J.D.Senior VP, Chief Legal & Compliance Officer and Board Secretary · b. 1965
  • Dr. Tamara A. Ranalli Ph.D.Senior VP & GM of Global Food Safety · b. 1973
  • Mr. John MoylanVP, Corporate Controller & Chief Accounting Officer
  • Dr. Jeremy YarwoodChief Scientific Officer
  • Sarah DemeyAdministrative Manager
  • Mr. Scott GleasonHead of Investor Relations · b. 1979
  • Mr. Kevin M. BurkeChief Human Resources Officer · b. 1969
  • Mr. Joe FreelsSenior VP & Chief Commercial Officer

Financials

Income Statement

Currency: USD1988-05-311989-05-311990-05-311991-05-311992-05-311993-05-311994-05-311995-05-311996-05-311997-05-311998-05-311999-05-312000-05-312001-05-312002-05-312003-05-312004-05-312005-05-312006-05-312007-05-312008-05-312009-05-312010-05-312011-05-312012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Revenue4.80M6.20M6.00M6.00M6.60M7.60M10.70M11.70M12.50M15.30M18.50M22.20M23.51M34.90M41.10M46.49M55.50M62.76M72.43M86.14M102.42M118.72M140.51M172.68M184.05M207.53M247.41M283.07M321.27M361.59M402.25M414.19M418.17M468.46M527.16M822.45M924.22M894.66M870.40M
Growth (%)-+29.17%-3.23%0.00%+10.00%+15.15%+40.79%+9.35%+6.84%+22.40%+20.92%+20.00%+5.91%+48.41%+17.77%+13.12%+19.38%+13.08%+15.42%+18.92%+18.90%+15.92%+18.35%+22.90%+6.58%+12.76%+19.22%+14.42%+13.50%+12.55%+11.24%+2.97%+0.96%+12.03%+12.53%+56.01%+12.37%-3.20%-2.71%
Cost of Revenue2.70M3.00M3.10M3.10M3.40M3.50M4.30M4.70M5.00M5.60M7.20M8.60M9.91M17.16M20.20M21.76M27.99M32.15M35.43M41.58M49.19M59.29M67.53M84.89M91.62M98.03M124.81M143.39M168.21M189.63M212.00M222.27M221.89M253.40M284.15M416.49M461.59M473.29M461.90M
Gross Profit2.10M3.20M2.90M2.90M3.20M4.10M6.40M7.00M7.50M9.70M11.30M13.60M13.60M17.74M20.90M24.73M27.51M30.60M37.01M44.56M53.23M59.43M72.97M87.79M92.42M109.49M122.60M139.69M153.06M171.97M190.25M191.92M196.28M215.06M243.01M405.95M462.63M421.38M408.50M
Gross Margin43.75%51.61%48.33%48.33%48.48%53.95%59.81%59.83%60.00%63.40%61.08%61.26%57.83%50.83%50.86%53.19%49.57%48.77%51.09%51.73%51.98%50.06%51.94%50.84%50.22%52.76%49.55%49.35%47.64%47.56%47.30%46.34%46.94%45.91%46.10%49.36%50.06%47.10%46.93%
Operating Expense2.90M3.40M3.90M4.10M4.20M4.80M5.50M6.40M7.00M8.30M9.70M11.00M11.23M13.47M15.40M17.94M19.97M21.83M26.20M31.06M35.21M38.95M46.10M51.96M58.69M68.79M79.21M86.57M96.68M107.02M120.06M123.83M128.76M140.89M184.40M368.44M385.21M411.96M430.10M
Operating Income-800.00K-200.00K-1.00M-1.20M-1.00M-700.00K900.00K600.00K500.00K1.40M1.60M2.60M2.36M4.26M5.50M6.79M7.54M8.77M10.80M13.50M18.02M20.49M26.88M35.84M33.74M40.71M43.39M53.12M56.39M64.94M70.19M68.09M67.52M74.17M58.62M37.52M77.43M9.42M-21.60M
Operating Margin-16.67%-3.23%-16.67%-20.00%-15.15%-9.21%8.41%5.13%4.00%9.15%8.65%11.71%10.05%12.22%13.38%14.60%13.59%13.97%14.92%15.68%17.59%17.26%19.13%20.75%18.33%19.61%17.54%18.76%17.55%17.96%17.45%16.44%16.15%15.83%11.12%4.56%8.38%1.05%-2.48%
EBITDA-500.00K100.00K-700.00K-1.00M-700.00K-400.00K1.30M1.10M1.00M2.00M2.29M3.48M3.31M5.57M6.57M7.92M8.94M10.70M13.55M16.73M22.01M25.51M31.76M40.57M39.91M48.12M52.57M63.77M68.93M79.64M87.25M90.58M90.70M96.31M83.90M125.89M182.60M-937.75M170.50M
EBITDA Margin-10.42%1.61%-11.67%-16.67%-10.61%-5.26%12.15%9.40%8.00%13.07%12.37%15.67%14.07%15.95%15.99%17.04%16.12%17.05%18.71%19.42%21.49%21.49%22.60%23.49%21.69%23.19%21.25%22.53%21.45%22.02%21.69%21.87%21.69%20.56%15.92%15.31%19.76%-104.82%19.59%
Net Income-1.10M-500.00K-200.00K-800.00K-800.00K-500.00K900.00K700.00K-200.00K1.80M2.20M2.30M3.07M3.17M3.94M4.79M5.10M5.92M7.94M9.13M12.10M13.87M17.52M22.84M22.51M27.19M28.16M33.53M36.56M43.79M63.15M60.18M59.48M60.88M48.31M-22.87M-9.42M-1.09B-7.90M
Net Income Margin-22.92%-8.06%-3.33%-13.33%-12.12%-6.58%8.41%5.98%-1.60%11.76%11.89%10.36%13.07%9.08%9.60%10.30%9.19%9.43%10.96%10.59%11.81%11.69%12.47%13.23%12.23%13.10%11.38%11.84%11.38%12.11%15.70%14.53%14.22%13.00%9.16%-2.78%-1.02%-122.06%-0.91%
R&D--------1.20M1.30M1.40M1.60M1.60M1.84M2.25M2.91M2.89M2.73M2.99M3.29M3.64M4.55M6.26M6.83M6.64M7.78M8.33M9.58M9.89M10.38M10.86M12.80M14.75M16.25M17.05M26.04M22.48M21.09M18.40M
R&D as % of Total Revenue--------9.60%8.50%7.57%7.21%6.81%5.27%5.48%6.27%5.21%4.35%4.13%3.83%3.55%3.84%4.45%3.95%3.61%3.75%3.37%3.38%3.08%2.87%2.70%3.09%3.53%3.47%3.23%3.17%2.43%2.36%2.11%
Interest Expense000000000000000061.00M83.00M283.00M15.00M0000000000022.49M23.18M78.00K72.00K55.96M73.39M71.62M57.60M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%109.91%132.26%390.71%17.41%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%5.43%5.54%0.02%0.01%6.80%7.94%8.01%6.62%

Balance Sheet

Currency: USD1988-05-311989-05-311990-05-311991-05-311992-05-311993-05-311994-05-311995-05-311996-05-311997-05-311998-05-311999-05-312000-05-312001-05-312002-05-312003-05-312004-05-312005-05-312006-05-312007-05-312008-05-312009-05-312010-05-312011-05-312012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Total Assets5.20M4.60M9.40M8.50M7.60M7.30M9.10M11.50M11.50M23.10M25.40M26.10M29.53M33.02M39.90M48.04M59.98M63.88M88.29M105.28M126.36M142.18M180.23M219.66M251.60M289.25M345.30M392.18M451.71M528.41M618.01M695.74M797.18M920.19M992.93M4.55B4.55B3.44B3.35B
Total Liabilities9.30M9.10M1.50M1.40M1.20M1.20M1.40M2.70M2.60M2.10M1.80M2.30M3.72M3.69M4.36M6.63M12.13M9.05M23.74M13.34M15.11M13.50M27.18M30.68M32.55M30.96M39.00M41.22M47.55M56.65M57.83M57.84M72.00M79.81M105.56M1.42B1.40B1.37B1.25B
Total Equity-4.10M-4.50M7.90M7.10M6.40M6.10M7.70M8.80M8.90M21.00M23.60M23.80M25.80M29.34M35.55M41.40M47.84M54.84M64.55M91.94M111.25M128.68M153.05M188.65M219.05M258.29M306.30M350.96M404.16M471.76M560.17M637.90M725.18M840.38M887.37M3.13B3.14B2.07B2.09B
Cash1.10M600.00K4.10M3.90M400.00K600.00K500.00K2.20M2.20M700.00K700.00K1.10M2.20M848.00K2.01M1.06M1.36M1.97M1.81M13.42M14.27M13.84M22.81M35.84M49.05M50.03M40.67M114.16M55.26M77.57M83.07M41.69M66.27M75.60M44.47M163.24M170.61M129.00M185.50M
Total Debt2.50M2.10M800.00K600.00K500.00K400.00K100.00K1.60M1.40M300.00K200.00K100.00K576.00K77.00K--3.90M-9.96M-------------1.05M1.29M1.44M897.53M906.24M912.61M793.70M
Net Debt1.40M1.50M-3.30M-3.30M100.00K-200.00K-400.00K-600.00K-800.00K-400.00K-500.00K-1.00M-1.62M-771.00K-2.01M-1.06M2.54M-1.97M8.15M-2.02M-14.27M-8.50M-8.82M-35.84M-49.05M-50.03M-40.67M-114.16M-55.26M-77.57M-83.07M-41.69M-65.21M-74.32M-44.47M734.29M735.63M783.61M608.20M

Cash Flow

Currency: USD1992-05-311993-05-311994-05-311995-05-311996-05-311997-05-311998-05-311999-05-312000-05-312001-05-312002-05-312003-05-312004-05-312005-05-312006-05-312007-05-312008-05-312009-05-312010-05-312011-05-312012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-312025-05-312026-05-31
Operating Cash Flow-700.00K-400.00K1.70M-500.00K900.00K2.30M1.50M3.70M4.68M2.50M3.40M6.70M2.98M6.72M12.31M10.16M7.87M10.98M27.99M28.84M22.28M26.56M21.67M43.79M35.33M60.27M69.13M63.84M85.88M81.09M68.04M41.03M35.26M58.24M83.20M
Investing Cash Flow800.00K500.00K-1.60M-1.20M-1.10M-11.40M-1.80M-1.20M-2.44M-3.71M-3.31M-7.81M-7.57M-3.23M-23.50M-4.70M-12.62M-13.97M-25.73M-28.04M-15.79M-37.95M-51.29M-28.45M-61.15M-62.14M-83.08M-119.15M-88.78M-105.56M-97.23M201.04M-29.31M-99.19M70.50M
Financing Cash Flow-100.00K200.00K-200.00K900.00K200.00K9.20M300.00K-2.10M-1.10M-136.00K1.08M154.00K4.89M-2.88M11.02M6.01M5.59M2.56M6.71M12.03M6.88M12.49M19.61M11.03M15.31M25.07M22.84M13.90M29.41M33.54M6.81M-118.08M1.92M-1.60M-99.40M
Capital Expenditure200.00K200.00K200.00K600.00K1.10M700.00K600.00K900.00K920.00K1.10M1.72M2.46M5.04M2.69M2.69M4.70M2.47M2.84M5.43M7.80M12.41M8.90M11.54M9.62M14.22M14.58M20.95M14.66M24.05M26.71M24.43M65.76M111.42M104.59M51.30M
Free Cash Flow-900.00K-600.00K1.50M-1.10M-200.00K1.60M900.00K2.80M3.76M1.40M1.68M4.24M-2.06M4.03M8.87M5.45M5.40M8.15M22.56M21.05M9.86M17.66M10.13M34.17M21.11M45.70M48.19M49.18M61.83M54.38M43.61M-24.73M-76.16M-46.35M31.90M
Dividends Paid-------------3.90B------0000000--------
FCF to OCF128.57%150.00%88.24%220.00%-22.22%69.57%60.00%75.68%80.33%55.97%49.44%63.27%-69.17%60.01%72.01%53.69%68.61%74.18%80.60%72.97%44.28%66.50%46.73%78.03%59.75%75.81%69.70%77.04%71.99%67.06%64.10%-60.27%-215.96%-79.58%38.34%
Dividend Paid to FCF-------------96581.56%------0.00%0.00%0.00%0.00%0.00%0.00%0.00%--------

Earnings

Report DateDec 29, 1994Mar 28, 1995Oct 3, 1995Dec 29, 1995Mar 27, 1996Jul 23, 1996Sep 16, 1996Dec 18, 1996Mar 26, 1997Jul 22, 1997Sep 23, 1997Jan 6, 1998Mar 25, 1998Aug 31, 1998Dec 16, 1998Mar 23, 1999Aug 31, 1999Nov 30, 1999Mar 24, 2000Jul 19, 2000Sep 28, 2000Jan 9, 2001Mar 27, 2001Jul 24, 2001Sep 24, 2001Dec 19, 2001Mar 26, 2002Jul 24, 2002Sep 25, 2002Jan 7, 2003Mar 20, 2003Jul 22, 2003Sep 24, 2003Jan 7, 2004Mar 25, 2004Jul 21, 2004Sep 29, 2004Jan 6, 2005Mar 24, 2005Jul 26, 2005Sep 29, 2005Jan 5, 2006Mar 23, 2006Jul 25, 2006Sep 26, 2006Jan 4, 2007Mar 27, 2007Jul 24, 2007Sep 27, 2007Jan 3, 2008Mar 25, 2008Jul 22, 2008Sep 24, 2008Jan 6, 2009Mar 19, 2009Jul 21, 2009Sep 24, 2009Dec 18, 2009Mar 29, 2010Jul 20, 2010Sep 23, 2010Jan 4, 2011Mar 22, 2011Jul 26, 2011Sep 27, 2011Dec 22, 2011Mar 27, 2012Jul 24, 2012Sep 25, 2012Dec 20, 2012Mar 26, 2013Jul 23, 2013Sep 24, 2013Dec 19, 2013Mar 25, 2014Jul 22, 2014Sep 22, 2014Dec 18, 2014Mar 26, 2015Jul 21, 2015Sep 21, 2015Dec 21, 2015Mar 23, 2016Jul 19, 2016Sep 27, 2016Dec 21, 2016Mar 21, 2017Jul 18, 2017Sep 19, 2017Jan 3, 2018Mar 22, 2018Jul 17, 2018Sep 25, 2018Dec 20, 2018Mar 26, 2019Jul 23, 2019Sep 24, 2019Dec 23, 2019Mar 24, 2020Jul 21, 2020Sep 22, 2020Dec 22, 2020Mar 23, 2021Jul 20, 2021Sep 21, 2021Dec 21, 2021Mar 24, 2022Jul 26, 2022Sep 27, 2022Jan 5, 2023Mar 30, 2023Jul 27, 2023Oct 10, 2023Jan 9, 2024Apr 9, 2024Jul 30, 2024Oct 10, 2024Jan 10, 2025Apr 9, 2025Jul 29, 2025Oct 9, 2025Jan 8, 2026Apr 9, 2026Jul 30, 2026Oct 6, 2026
EPS Estimate0.010.010.000.010.010.020.010.010.010.010.020.020.01-0.010.01--0.010.010.010.010.010.020.010.020.020.020.010.020.010.020.020.020.010.020.020.020.020.020.020.030.020.020.030.030.020.030.030.040.030.030.040.040.040.040.040.050.040.050.060.060.050.060.060.070.050.070.070.070.070.080.080.070.070.080.090.080.080.090.100.100.090.100.100.100.100.120.110.130.110.150.140.150.140.150.150.160.140.150.140.160.130.170.160.170.150.120.150.140.15-0.040.130.140.140.120.090.110.12-0.030.040.070.050.030.04
EPS Actual0.010.000.010.010.010.000.010.010.010.010.020.020.010.010.010.010.010.010.010.010.010.010.010.010.010.020.010.020.020.020.010.020.020.020.020.010.020.030.020.020.030.030.020.020.030.030.020.030.040.040.030.040.040.040.030.040.050.050.040.050.060.070.050.060.060.060.060.060.070.070.070.070.080.060.070.080.090.080.080.090.090.090.080.100.100.110.100.120.120.130.130.170.140.160.130.150.140.160.120.160.150.150.130.150.160.100.130.140.150.150.120.140.110.110.120.100.070.110.100.050.040.100.090.08-
Surprise0.00%-100.00%-0.00%0.00%-100.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.00%0.00%--0.00%0.00%0.00%0.00%0.00%-50.00%0.00%0.00%-50.00%0.00%100.00%0.00%0.00%0.00%0.00%0.00%100.00%-50.00%0.00%50.00%0.00%0.00%50.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%33.33%0.00%0.00%33.33%0.00%0.00%-25.00%0.00%25.00%0.00%0.00%0.00%0.00%16.67%0.00%0.00%0.00%-14.29%20.00%-14.29%0.00%0.00%0.00%-12.50%0.00%-14.29%0.00%0.00%0.00%0.00%0.00%0.00%-10.00%-10.00%-11.11%0.00%0.00%10.00%0.00%0.00%9.09%0.00%18.18%13.33%0.00%6.67%-7.14%0.00%-6.67%0.00%-14.29%6.67%7.14%-6.25%0.00%-11.76%0.00%-41.18%-13.33%16.67%0.00%7.14%-20.00%450.00%-15.38%-21.43%-14.29%-16.67%-22.22%0.00%-16.67%266.67%0.00%42.86%80.00%166.67%-
Timing----Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market---------------Pre-market-Pre-market-Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-market--Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-market-Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap3.00B
Enterprise Value3.57B
Trailing P/E0.00
Forward P/E16.00
PEG Ratio0.66
Price / Sales3.45
Price / Book1.41
EPS-0.04
Book Value9.61
Revenue (TTM)870.40M
Gross Profit (TTM)408.50M
EBITDA94.70M
Profit Margin-0.91%
Operating Margin1.38%
Return on Equity-0.38%
Return on Assets-0.40%
Shares Outstanding218.11M
Shares Float217.10M
Beta1.76
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 13.33
  • Strong Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
110.96%
Insiders
0.74%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    32.62M14.96%
  • Vanguard Portfolio Management, LLC
    12.83M5.88%
  • T. Rowe Price Investment Management,Inc.
    10.16M4.66%
  • Dimensional Fund Advisors, Inc.
    9.83M4.51%
  • Vanguard Capital Management, LLC
    9.57M4.39%
  • ING Groep NV
    8.90M4.08%
  • Gates Capital Management Inc
    8.74M4.01%
  • State Street Corp
    8.59M3.94%
  • Mackenzie Investments
    7.80M3.58%
  • Neuberger Berman Group LLC
    7.75M3.55%
  • Hudson Bay Capital Management LP
    6.50M2.98%
  • SG Americas Securities, LLC
    6.27M2.87%
  • CIBC Bancorp USA Inc.
    5.99M2.75%
  • CIBC World Markets Inc.
    5.96M2.73%
  • Geode Capital Management, LLC
    5.56M2.55%
  • BAMCO Inc
    5.01M2.30%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    13.26M6.08%
  • Neuberger Genesis Inv
    7.79M3.57%
  • Vanguard MStar Total Stk Mkt Idx Invest
    6.96M3.19%
  • iShares Russell 2000 ETF
    5.68M2.61%

Stock Splits

  • Jun 7, 20212:1
  • Jan 2, 20181333:1000
  • Oct 31, 20133:2
  • Dec 16, 20093:2
  • Sep 5, 20073:2
  • Jan 2, 20045:4