Neogen Corporation

NASDAQ NEOG

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Neogen Corporation Price to Earnings Ratio (P/E) on June 03, 2024: 988.64

Neogen Corporation Price to Earnings Ratio (P/E) is 988.64 on June 03, 2024, a 769.43% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Neogen Corporation 52-week high Price to Earnings Ratio (P/E) is 383,492.69 on January 08, 2024, which is 38,689.79% above the current Price to Earnings Ratio (P/E).
  • Neogen Corporation 52-week low Price to Earnings Ratio (P/E) is -109,195.68 on October 13, 2023, which is -11,145.00% below the current Price to Earnings Ratio (P/E).
  • Neogen Corporation average Price to Earnings Ratio (P/E) for the last 52 weeks is 7,476.43.
NASDAQ: NEOG

Neogen Corporation

CEO Mr. John Edward Adent
IPO Date Aug. 23, 1989
Location United States
Headquarters 620 Lesher Place, Lansing, MI, United States, 48912
Employees 2,640
Sector Healthcare
Industry Diagnostics & research
Description

Neogen Corporation, together with its subsidiaries, engages in the development, manufacture, and marketing of various products and services dedicated to food and animal safety worldwide. It operates through two segments, Food Safety and Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including 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 to detect the presence of adenosine triphosphate, a chemical found in living cells, as well as provides genomics-based diagnostic technology and software systems that help testers to objectively analyze and store their results and perform analysis on the results from multiple locations over extended periods. The segment offers its products primarily to milling and grain, meat and poultry, prepared foods and ingredients, fruits and vegetables, seafood, dairy, beverage, water, healthcare, traditional culture media markets, food service, and dietary supplements markets. The Animal Safety segment provides veterinary instruments, pharmaceuticals, vaccines, topicals, parasiticides, diagnostic products, rodent control products, cleaners, disinfectants, insect control products, and genomics testing services marketed through veterinarians, retailers, livestock producers, and animal health product distributors, for the animal safety market. The segment offers its products for companion animal veterinarians; livestock producers, veterinarians, and breed associations; retailers; breeding and genetics companies; diagnostic labs and universities; distributors; and other manufacturers and government agencies. Neogen Corporation was incorporated in 1981 and is headquartered in Lansing, Michigan.

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StockViz Staff

September 16, 2024

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