Added to YB: 2025-03-28
Pitch date: 2025-03-27
NEOG [bearish]
Neogen Corporation
+23.27%
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
$1.2B
Pitch Price
$8.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.33
P/E
-1.16
EV/Sales
2.10
Sector
Health Care Equipment and Supplies
Category
N/A
Neogen Corp. (NEOG)- Every Silver Lining Has a Cloud
NEOG (short): Ongoing material weaknesses, delayed 10-Q filing, $461.4M goodwill impairment in Food Safety. Organic growth weak, inventory high (DSI 181), receivables concerning. Animal Safety struggling. EBITDA guidance cut to $205-215M. Trades at 12x fwd earnings, but risks remain. Short candidate despite recent 39% drop.
Read full article (4 min)