With 3.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.31 million shares. The 52-week range on NEOG shows that it touched its highest point at $18.58 and its lowest point at $3.87 during that stretch. It currently has a 1-year price target of $8.50. Beta for the stock currently stands at 1.84.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NEOG was down-trending over the past week, with a drop of -2.44%, but this was up by 4.35% over a month. Three-month performance dropped to -37.50% while six-month performance fell -57.57%. The stock lost -54.51% in the past year, while it has lost -50.58% so far this year. A look at the trailing 12-month EPS for NEOG yields -2.24 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.04. This implies an EPS growth rate of -5450.00% for this year and 95.38% for next year.
Float and Shares Shorts:
At present, 217.04 million NEOG shares are outstanding with a float of 216.19 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NEOG since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.02634716 being high and -$0.02710868 being low. For NEOG, this leads to a yearly average estimate of -$0.026667.
