Elon's Greatest Invention... Hidden in South Memphis?

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

NEOG
Neogen Corp
NASDAQ
5.99
Open 5.99 Prev Close 5.99
High 5.99 Low 5.99
Volume 0 Volume (Avg) 5,897
52 Week High 18.58 52 Week Low 3.87
Market Cap 1.3B PE Ratio

Shares Stats

Shares Outstanding217,040,000
Shares Float216,310,000
Shares Short26,160,000
Insider Holdings31%
Institution Holdings124.50%

About Neogen Corp

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, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns, as well as food quality and nutritional components. It also provides 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 food products 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. The company was incorporated in 1981 and is headquartered in Lansing, Michigan.

General

NameNeogen Corp
TickerNEOG
ExchangeNASDAQ
SectorHealthcare
IndustryDiagnostics & Research
CurrencyUSD
CountryUSA
Fiscal Year EndMay
Full Time Employees2,917

Highlights

Analyst Target8.50
Market Cap1,300,100,000
PEG Ratio0.66
EBITDA158,780,992

Financials

Curr Year EPS Estimate0.38
Profit Margin-53.56%
Operating Margin6.10
Return on Assets0.01
Return on Equity-0.17
Revenue906M
Earnings Per Share-2.23
Revenue Per Share4.18
Gross Profit442,003,008
Quarterly Revenue Growth-0.03

Valuation

Forward PE16
Price/Sales (Trailing 12 Mt.)1.23
Price/Book (Most Recent Quarter)0.41

Earnings

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