Added to YB: 2022-10-17
Pitch date: 2022-10-16
NEOG [bullish]
Neogen Corporation
+2.94%
current return
Author Info
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Company Info
Neogen Corporation develops, manufactures, and markets various products and services for food and animal safety in the United States and internationally.
Market Cap
$2.6B
Pitch Price
$11.55
Price Target
24.00 (+102%)
Dividend
N/A
EV/EBITDA
31.91
P/E
-297.25
EV/Sales
3.70
Sector
Health Care Equipment and Supplies
Category
value
Show full summary:
Neogen: A Drastically Oversold Food & Animal Health Company
NEOG: 30yr compounder (100-bagger) crashed 75% to $11 in 2022 on valuation reset + messy 3M Food Safety merger (50/50, +$1B debt→2x EBITDA). Recurring consumables biz, mkt leader in food/animal safety, recession-proof. <20x earnings (peers IDXX/ZTS at 35x). Targets $18-36 in 2-3yrs.
Read full article (9 min)