Assessing Valuation Following Net Income Growth and Recent Share Price Rebound
Neogen (NEOG) has recently been in focus after reporting a year-over-year jump in net income, even though the company’s stock has traded lower over the past month. Investors are now considering what this turnaround might mean for the business.
See our latest analysis for Neogen.
Neogen’s share price has rebounded strongly over the past 90 days with a 24% gain. However, it is still down more than 50% for the year to date, and its total shareholder return over the past 12 months sits at minus 59%. The recent profit recovery may be sparking interest, but longer-term investors are still feeling the impact of last year’s downward momentum.
If you’re curious about discovering what’s next in the healthcare space, now is a…
