(NEOG) Neogen - Ratings and Ratios

Neogen Corporation (NASDAQ: NEOG) is a leader in the development, manufacturing, and marketing of products and services focused on food and animal safety. Operating through two distinct segments—Food Safety and Animal Safety—the company serves a diverse range of industries globally. The Food Safety segment specializes in diagnostic solutions to detect contaminants in food and animal feed, including pathogens, allergens, and residues. Their product portfolio includes the AccuPoint Advanced rapid sanitation test and genomics-based diagnostic technology, catering to sectors such as meat, poultry, dairy, and healthcare. This segments solutions are integral to ensuring safety across the food supply chain.

The Animal Safety segment offers a comprehensive suite of products, including veterinary instruments, pharmaceuticals, and diagnostic tools, distributed through veterinarians, retailers, and livestock producers. This segment serves various markets, from companion animals to livestock, providing essential health and safety solutions. With a market cap of approximately $2.3 billion, Neogens financials show a forward P/E of 16 and a P/S ratio of 2.54, indicating a scalable business model. The companys recurring revenue streams and global presence underscore its strategic position in the health care supplies industry, making it a significant player for investors seeking stability and growth in the safety and diagnostics sector.