Neogenomics Stock Today

NEO Stock  USD 17.74  0.56  3.26%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
NeoGenomics is selling at 17.74 as of the 28th of November 2024; that is 3.26 percent increase since the beginning of the trading day. The stock's open price was 17.18. NeoGenomics has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for NeoGenomics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
2nd of November 1999
Category
Healthcare
Classification
Health Care
NeoGenomics, Inc. operates a network of cancer-focused testing laboratories in the United States, Europe, and Asia. The company was founded in 2001 and is headquartered in Fort Myers, Florida. Neogenomics operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. The company has 128.36 M outstanding shares of which 4.24 M shares are now shorted by investors with about 5.29 days to cover. More on NeoGenomics

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NeoGenomics Stock Highlights

ESG Sustainability
Environmental
Governance
Social
PresidentWilliam Bonello
Old NameQuadient SAS
Business ConcentrationLife Sciences Tools & Services, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, SP Small-Cap 600, Health Care, Life Sciences Tools & Services, Diagnostics & Research, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.330.3519
Notably Down
Slightly volatile
Gross Profit Margin0.280.4134
Way Down
Slightly volatile
Total Current Liabilities101.1 M96.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total675.6 M643.4 M
Sufficiently Up
Slightly volatile
Total Assets1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Current Assets626.7 M596.8 M
Sufficiently Up
Slightly volatile
Debt Levels
NeoGenomics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand NeoGenomics' financial leverage. It provides some insight into what part of NeoGenomics' total assets is financed by creditors.
Liquidity
NeoGenomics has 611.68 M in debt with debt to equity (D/E) ratio of 0.59, which is OK given its current industry classification. NeoGenomics has a current ratio of 7.38, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for NeoGenomics to invest in growth at high rates of return.

Other Non Cash Items

15.01 Million
NeoGenomics (NEO) is traded on NASDAQ Exchange in USA. It is located in 9490 NeoGenomics Way, Fort Myers, FL, United States, 33912 and employs 2,100 people. NeoGenomics is listed under Life Sciences Tools & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.21 B. NeoGenomics runs under Life Sciences Tools & Services sector within Health Care industry. The entity has 128.36 M outstanding shares of which 4.24 M shares are now shorted by investors with about 5.29 days to cover. NeoGenomics has about 465.95 M in cash with (1.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.7.
Check NeoGenomics Probability Of Bankruptcy
Ownership Allocation
NeoGenomics maintains a total of 128.36 Million outstanding shares. The majority of NeoGenomics outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in NeoGenomics to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in NeoGenomics. Please pay attention to any change in the institutional holdings of NeoGenomics as this could imply that something significant has changed or is about to change at the company. Also note that almost one million one hundred fifty-five thousand two hundred fourty-nine invesors are currently shorting NeoGenomics expressing very little confidence in its future performance.
Check NeoGenomics Ownership Details

NeoGenomics Stock Institutional Holders

InstituionRecorded OnShares
First Light Asset Management, Llc2024-09-30
3.1 M
Geode Capital Management, Llc2024-09-30
3.1 M
American Century Companies Inc2024-09-30
M
Goldman Sachs Group Inc2024-06-30
2.1 M
Franklin Resources Inc2024-09-30
M
Segall Bryant & Hamill2024-09-30
1.9 M
Fred Alger Management, Llc2024-09-30
1.8 M
Emerald Advisers, Llc2024-09-30
1.7 M
Bellevue Group Ag2024-09-30
1.6 M
Blackrock Inc2024-06-30
19.7 M
Vanguard Group Inc2024-09-30
14 M
View NeoGenomics Diagnostics

NeoGenomics Historical Income Statement

At this time, NeoGenomics' Cost Of Revenue is very stable compared to the past year. As of the 28th of November 2024, Total Operating Expenses is likely to grow to about 358.3 M, though Operating Income is likely to grow to (102.3 M). View More Fundamentals

NeoGenomics Stock Against Markets

NeoGenomics Corporate Management

Facmg MBAPres OfficerProfile
George CardozaPres OperationsProfile
Gary PassmanChief OfficerProfile
Alicia OlivoGeneral DevelopmentProfile
When determining whether NeoGenomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NeoGenomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Neogenomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neogenomics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NeoGenomics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in NeoGenomics Stock, please use our How to Invest in NeoGenomics guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NeoGenomics. If investors know NeoGenomics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NeoGenomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.306
Earnings Share
(0.61)
Revenue Per Share
5.098
Quarterly Revenue Growth
0.104
Return On Assets
(0.03)
The market value of NeoGenomics is measured differently than its book value, which is the value of NeoGenomics that is recorded on the company's balance sheet. Investors also form their own opinion of NeoGenomics' value that differs from its market value or its book value, called intrinsic value, which is NeoGenomics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NeoGenomics' market value can be influenced by many factors that don't directly affect NeoGenomics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NeoGenomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if NeoGenomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NeoGenomics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.