NEOG / Neogen: Fundamentals Unmatched To Latest Market Rally, Reiterate Hold

Neogen's weak first quarter results, including flat revenue on a pro forma basis, have seriously damaged its growth stock reputation, leading to a maj more_horizontal

Neogen's (NEOG) Q1 Animal Safety business experiences continued destocking, with channel inventory levels reaching multi-year lows. more_horizontal

While the top- and bottom-line numbers for Neogen (NEOG) give a sense of how the business performed in the quarter ended August 2023, it could be wort more_horizontal

Neogen (NEOG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong a more_horizontal

Neogen (NEOG) came out with quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings more_horizontal

Neogen Corporation (NASDAQ:NEOG), a specialist in food safety solutions, is set to unveil its first-quarter earnings Tuesday (Oct 10) with investors e more_horizontal

Neogen (NEOG) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong a more_horizontal

Neogen's animal safety division had the weakest numbers. The company said its legacy food safety revenue is expected to rise in the low single digits. more_horizontal