Neogen Cash Flow Overview
| NEOG Stock | USD 11.93 0.21 1.73% |
Neogen |
Most accounts from Neogen's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Neogen current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Neogen Valuation and Neogen Correlation analysis. For more detail on how to invest in Neogen Stock please use our How to Invest in Neogen guide.At this time, Neogen's Other Non Cash Items is most likely to decrease significantly in the upcoming years. The Neogen's current Capital Expenditures is estimated to increase to about 79.4 M, while Change In Working Capital is forecasted to increase to (19.5 M).
Neogen cash flow statement Correlations
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Neogen Account Relationship Matchups
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High Negative Relationship
Neogen cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (10.0M) | 2.5M | (21.1M) | 10.0M | 9.0M | 9.4M | |
| Free Cash Flow | 61.8M | 54.4M | 43.6M | (24.7M) | (28.4M) | (27.0M) | |
| Depreciation | 18.4M | 21.0M | 23.7M | 88.4M | 101.6M | 106.7M | |
| Other Non Cash Items | (94.9M) | (77.7M) | (55.6M) | 7.4M | 8.5M | 8.9M | |
| Capital Expenditures | 24.1M | 26.7M | 24.4M | 65.8M | 75.6M | 79.4M | |
| Net Income | 59.5M | 60.9M | 48.3M | (22.9M) | (26.3M) | (25.0M) | |
| End Period Cash Flow | 66.3M | 75.6M | 44.5M | 163.2M | 187.7M | 197.1M | |
| Change In Cash | 24.6M | 9.3M | (31.1M) | 118.8M | 136.6M | 143.4M | |
| Investments | (51.6M) | (28.1M) | (34.1M) | 254.2M | 292.4M | 307.0M | |
| Change Receivables | (2.9M) | (2.6M) | (7.8M) | (53.9M) | (48.5M) | (46.1M) | |
| Change To Netincome | 8.1M | 5.8M | 2.5M | (6.4M) | (7.4M) | (7.0M) |
Neogen Investors Sentiment
The influence of Neogen's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Neogen. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Neogen's public news can be used to forecast risks associated with an investment in Neogen. The trend in average sentiment can be used to explain how an investor holding Neogen can time the market purely based on public headlines and social activities around Neogen. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Neogen's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Neogen's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Neogen's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Neogen.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Neogen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Neogen's short interest history, or implied volatility extrapolated from Neogen options trading.
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When running Neogen's price analysis, check to measure Neogen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neogen is operating at the current time. Most of Neogen's value examination focuses on studying past and present price action to predict the probability of Neogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neogen's price. Additionally, you may evaluate how the addition of Neogen to your portfolios can decrease your overall portfolio volatility.
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Is Neogen's industry 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 Neogen. If investors know Neogen 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 Neogen 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 (0.86) | Earnings Share 0.02 | Revenue Per Share 4.293 | Quarterly Revenue Growth 0.048 | Return On Assets 0.0179 |
The market value of Neogen is measured differently than its book value, which is the value of Neogen that is recorded on the company's balance sheet. Investors also form their own opinion of Neogen's value that differs from its market value or its book value, called intrinsic value, which is Neogen's 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 Neogen's market value can be influenced by many factors that don't directly affect Neogen's 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 Neogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neogen's 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.