NeogenNEOG
About: Neogen Corporation, headquartered in Lansing, Michigan, develops, manufactures, and markets various products for food and animal safety. In food safety, 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, Neogen sells veterinary instruments, pharmaceuticals, disinfectants, and genomics tests for animals, including cattle, horses, and canines. Sales in the United States account for maximum revenue, and it also has its presence in United Kingdom and other countries.
Employees: 1,315
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 30
34% more call options, than puts
Call options by funds: $1.6M | Put options by funds: $1.19M
9.58% more ownership
Funds ownership: 110.03% [Q3] → 119.62% (+9.58%) [Q4]
1% more funds holding
Funds holding: 334 [Q3] → 337 (+3) [Q4]
11% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 127
22% less capital invested
Capital invested by funds: $4B [Q3] → $3.14B (-$865M) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 0 (-3) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Piper Sandler David Westenberg 51% 1-year accuracy 21 / 41 met price target | 29%upside $13 | Neutral Reiterated | 21 Jan 2025 |
Guggenheim Subbu Nambi 50% 1-year accuracy 6 / 12 met price target | 49%upside $15 | Buy Initiated | 19 Dec 2024 |
Financial journalist opinion
