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Neogen (NEOG) Competitors

Neogen logo
$12.13 +0.28 (+2.36%)
(As of 12/17/2024 ET)

NEOG vs. MMSI, HAE, XRAY, ICUI, QDEL, STAA, CERS, OSUR, ANIK, and UTMD

Should you be buying Neogen stock or one of its competitors? The main competitors of Neogen include Merit Medical Systems (MMSI), Haemonetics (HAE), DENTSPLY SIRONA (XRAY), ICU Medical (ICUI), QuidelOrtho (QDEL), STAAR Surgical (STAA), Cerus (CERS), OraSure Technologies (OSUR), Anika Therapeutics (ANIK), and Utah Medical Products (UTMD). These companies are all part of the "health care supplies" industry.

Neogen vs.

Neogen (NASDAQ:NEOG) and Merit Medical Systems (NASDAQ:MMSI) are both mid-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership, risk and community ranking.

Merit Medical Systems received 104 more outperform votes than Neogen when rated by MarketBeat users. Likewise, 69.33% of users gave Merit Medical Systems an outperform vote while only 56.60% of users gave Neogen an outperform vote.

CompanyUnderperformOutperform
NeogenOutperform Votes
330
56.60%
Underperform Votes
253
43.40%
Merit Medical SystemsOutperform Votes
434
69.33%
Underperform Votes
192
30.67%

Neogen presently has a consensus target price of $17.50, indicating a potential upside of 44.27%. Merit Medical Systems has a consensus target price of $105.09, indicating a potential upside of 6.15%. Given Neogen's higher possible upside, equities analysts plainly believe Neogen is more favorable than Merit Medical Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Neogen
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Merit Medical Systems
0 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
3.00

96.7% of Neogen shares are owned by institutional investors. Comparatively, 99.7% of Merit Medical Systems shares are owned by institutional investors. 1.1% of Neogen shares are owned by insiders. Comparatively, 3.7% of Merit Medical Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Merit Medical Systems had 15 more articles in the media than Neogen. MarketBeat recorded 18 mentions for Merit Medical Systems and 3 mentions for Neogen. Merit Medical Systems' average media sentiment score of 1.00 beat Neogen's score of 0.71 indicating that Merit Medical Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Neogen
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merit Medical Systems
9 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Merit Medical Systems has a net margin of 9.05% compared to Neogen's net margin of -2.58%. Merit Medical Systems' return on equity of 15.61% beat Neogen's return on equity.

Company Net Margins Return on Equity Return on Assets
Neogen-2.58% 2.80% 1.93%
Merit Medical Systems 9.05%15.61%8.38%

Neogen has a beta of 1.21, suggesting that its share price is 21% more volatile than the S&P 500. Comparatively, Merit Medical Systems has a beta of 0.84, suggesting that its share price is 16% less volatile than the S&P 500.

Merit Medical Systems has higher revenue and earnings than Neogen. Neogen is trading at a lower price-to-earnings ratio than Merit Medical Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Neogen$912.20M2.88-$9.42M-$0.11-110.27
Merit Medical Systems$1.33B4.35$94.41M$2.0448.53

Summary

Merit Medical Systems beats Neogen on 17 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEOG vs. The Competition

MetricNeogenDiagnostic substances IndustryMedical SectorNASDAQ Exchange
Market Cap$2.57B$2.71B$5.20B$9.31B
Dividend YieldN/A0.74%4.80%4.06%
P/E Ratio-110.276.29128.1117.53
Price / Sales2.8872.271,260.62139.54
Price / Cash12.3915.1641.3637.95
Price / Book0.843.344.894.92
Net Income-$9.42M$31.95M$119.92M$225.78M
7 Day Performance-4.49%-3.95%16.64%-1.56%
1 Month Performance-20.20%12.11%16.35%6.68%
1 Year Performance-38.30%-19.68%35.47%22.48%

Neogen Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NEOG
Neogen
3.5759 of 5 stars
$12.13
+2.4%
$17.50
+44.3%
-37.5%$2.57B$912.20M-110.272,640
MMSI
Merit Medical Systems
4.4434 of 5 stars
$102.90
+0.1%
$105.09
+2.1%
+38.3%$6.00B$1.33B50.476,950
HAE
Haemonetics
4.6739 of 5 stars
$82.28
+1.3%
$108.78
+32.2%
-8.0%$4.13B$1.36B33.693,657Positive News
XRAY
DENTSPLY SIRONA
4.8947 of 5 stars
$20.03
+1.6%
$28.40
+41.8%
-44.2%$3.98B$3.90B-9.5315,000Dividend Announcement
Analyst Forecast
ICUI
ICU Medical
4.6049 of 5 stars
$161.28
-0.2%
$199.67
+23.8%
+58.1%$3.95B$2.34B-35.3714,000
QDEL
QuidelOrtho
4.2272 of 5 stars
$43.00
+4.0%
$53.43
+24.3%
-39.4%$2.89B$3.00B-1.577,100Gap Up
STAA
STAAR Surgical
4.6411 of 5 stars
$24.37
-2.0%
$42.83
+75.8%
-23.9%$1.20B$322.42M56.501,115
CERS
Cerus
2.9613 of 5 stars
$1.82
+6.1%
$3.63
+99.7%
-21.0%$337.07M$176.23M-15.55625News Coverage
Positive News
OSUR
OraSure Technologies
4.5093 of 5 stars
$4.01
+2.6%
$5.50
+37.2%
-49.4%$299.12M$224.26M27.60638Positive News
ANIK
Anika Therapeutics
4.1977 of 5 stars
$17.12
-0.2%
$24.50
+43.1%
-25.5%$250.74M$164.17M-2.58357Positive News
UTMD
Utah Medical Products
2.9482 of 5 stars
$63.05
+0.7%
N/A-23.3%$213.74M$50.22M14.73180Short Interest ↑

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This page (NASDAQ:NEOG) was last updated on 12/18/2024 by MarketBeat.com Staff
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