Neogen Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - Neogen Corporation is set to release its first-quarter earnings results on January 8, 2025, with expected earnings of 7 cents per share, a decrease from 11 cents per share in the same period last year [1] - The consensus estimate for Neogen's quarterly revenue is $208.38 million, down from $231.26 million a year earlier [1] Group 2 - On January 5, Neogen announced the appointments of Joe Freels as Senior Vice President and Chief Commercial Officer, and Dr. Tammi Ranalli as Senior Vice President and General Manager, Global Food Safety [2] - Following the announcement, Neogen's shares rose by 2.1% to close at $7.41 [2] Group 3 - CJS Securities analyst Robert Labick upgraded Neogen's stock from Market Perform to Market Outperform with a price target of $10 [4] - Piper Sandler analyst David Westenberg maintained a Neutral rating and increased the price target from $5 to $6.5 [4] - William Blair analyst Brandon Vazquez downgraded the stock from Outperform to Market Perform [4] - Guggenheim analyst Subbu Nambi maintained a Buy rating and decreased the price target from $13 to $10 [4]