Analysts See $0.30 EPS for Neogen Corporation (NEOG)

June 14, 2018 - By Jeanette Kaplan

Neogen Corporation (NASDAQ:NEOG) LogoInvestors sentiment increased to 6.71 in Q1 2018. Its up 5.22, from 1.49 in 2017Q4. It improved, as 13 investors sold Neogen Corporation shares while 15 reduced holdings. 27 funds opened positions while 161 raised stakes. 90.94 million shares or 167.86% more from 33.95 million shares in 2017Q4 were reported.
Thompson Siegel And Walmsley Limited Com reported 600 shares. Provident Investment Mngmt Incorporated invested in 11,249 shares or 0.12% of the stock. Arizona State Retirement Systems reported 0.05% in Neogen Corporation (NASDAQ:NEOG). Raymond James Fin Services Advsrs Inc accumulated 74,866 shares or 0.03% of the stock. Moreover, Lpl Fincl Lc has 0% invested in Neogen Corporation (NASDAQ:NEOG). The Texas-based Stephens Mgmt Gp Lc has invested 1.36% in Neogen Corporation (NASDAQ:NEOG). Aureus Asset Management Limited Liability Co has 7,290 shares for 0.07% of their portfolio. Thomson Horstmann & Bryant invested in 28,095 shares. First Republic invested in 6,112 shares or 0% of the stock. Congress Asset Mgmt Ma holds 51,972 shares. Utd Service Automobile Association has 8,099 shares for 0% of their portfolio. Illinois-based Envestnet Asset Mngmt Inc has invested 0.01% in Neogen Corporation (NASDAQ:NEOG). Comerica Retail Bank invested in 0.04% or 88,982 shares. Eulav Asset Management invested in 0.13% or 39,066 shares. Renaissance Technologies Ltd Liability Company holds 0% in Neogen Corporation (NASDAQ:NEOG) or 49,132 shares.

Since January 26, 2018, it had 0 insider purchases, and 16 selling transactions for $10.42 million activity. Shares for $706,950 were sold by BRADLEY EDWARD. Shares for $358,320 were sold by PAPESH G BRUCE. Another trade for 5,000 shares valued at $359,092 was sold by Quinlan Steven J.. MORRICAL TERRI A had sold 14,800 shares worth $1.00M. BOEHM WILLIAM T had sold 500 shares worth $34,920. 6,000 shares valued at $374,818 were sold by REED THOMAS H on Friday, March 23.

Analysts expect Neogen Corporation (NASDAQ:NEOG) to report $0.30 EPS on July, 17.They anticipate $0.06 EPS change or 25.00 % from last quarter’s $0.24 EPS. NEOG’s profit would be $15.47M giving it 67.18 P/E if the $0.30 EPS is correct. After having $0.32 EPS previously, Neogen Corporation’s analysts see -6.25 % EPS growth. The stock increased 1.95% or $1.54 during the last trading session, reaching $80.61. About 163,023 shares traded. Neogen Corporation (NASDAQ:NEOG) has risen 56.69% since June 14, 2017 and is uptrending. It has outperformed by 44.12% the S&P500.

Neogen Corporation (NASDAQ:NEOG) Ratings Coverage

Among 2 analysts covering Neogen Corp (NASDAQ:NEOG), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Neogen Corp had 2 analyst reports since January 4, 2018 according to SRatingsIntel. The firm has “Hold” rating by Roth Capital given on Thursday, January 4. Stephens maintained the shares of NEOG in report on Monday, March 26 with “Hold” rating.

Neogen Corporation, together with its subsidiaries, develops, makes, and markets various products for food and animal safety worldwide. The company has market cap of $4.16 billion. It operates through two divisions, Food Safety and Animal Safety. It has a 71.59 P/E ratio. The Food Safety segment primarily offers diagnostic test kits and complementary to detect dangerous and/or unintended substances in human food and animal feed, such as foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test for adenosine triphosphate, a chemical found in living cells.

More news for Neogen Corporation (NASDAQ:NEOG) were recently published by: Nasdaq.com, which released: “Market Trends Toward New Normal in Neogen, Intuitive Surgical, IDT, Government Properties Income Trust, Everbridge …” on June 13, 2018. Nasdaq.com‘s article titled: “Consolidated Research: 2018 Summary Expectations for TrueCar, Roadrunner Transportation, Eldorado Gold, Neogen …” and published on May 17, 2018 is yet another important article.

Neogen Corporation (NASDAQ:NEOG) Institutional Positions Chart

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