NEOG - Neogen Corporation: Challenges Remain

2024-06-25 21:00:16 ET

Summary

• Today, we look at Neogen Corporation, which operates in the food and animal safety segments, offering diagnostic test kits, and other related products.
• The company is currently still integrating the food safety operations of 3M, Neogen's latest acquisition.
• That integration is proceeding apace, and there was some insider buying in the shares in April following quarterly results.
• An analysis around Neogen follows in the paragraphs below.

Today, we put food and animal safety concern Neogen Corporation ( NEOG ) in the spotlight for the first time. This healthcare related concern is headquartered in Lansing, MI and operates within two main business divisions. Its Food Safety segment offers various diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed. Neogen's Animal Safety business provides such products as vaccines, veterinary instruments, pharmaceuticals, and other related diagnostic products....

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