NEOG
Neogen Corporation Healthcare - Diagnostics & Research Investor Relations →
Neogen Corporation (NEOG) closed at $10.80 as of 2026-02-02, trading 26.9% below its 200-week moving average of $14.78. This places NEOG in the extreme value zone. The stock moved further from the line this week, up from -31.3% last week. With a 14-week RSI of 82, NEOG is in overbought territory.
Over the past 1854 weeks of data, NEOG has crossed below its 200-week moving average 13 times. On average, these episodes lasted 40 weeks. Historically, investors who bought NEOG at the start of these episodes saw an average one-year return of +39.0%.
With a market cap of $2.3 billion, NEOG is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -25.3%. The stock trades at 1.1x book value.
Share count has increased 101.3% over three years, indicating dilution.
Over the past 33.2 years, a hypothetical investment of $100 in NEOG would have grown to $3471, compared to $2849 for the S&P 500. That represents an annualized return of 11.3% vs 10.6% for the index — confirming NEOG as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: NEOG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NEOG Crosses Below the Line?
Across 12 historical episodes, buying NEOG when it crossed below its 200-week moving average produced an average return of +56.0% after 12 months (median +51.0%), compared to +17.5% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +54.4% vs +35.2% for the index.
Each line shows $100 invested at the moment NEOG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NEOG has crossed below its 200-week MA 13 times with an average 1-year return of +39.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 1990 | Jan 1992 | 78 | 69.0% | -51.4% | +2676.4% |
| Mar 1992 | Sep 1992 | 27 | 30.3% | -12.5% | +3370.6% |
| Sep 1992 | Jan 1993 | 18 | 18.0% | +14.8% | +3499.1% |
| Feb 1993 | Aug 1993 | 26 | 31.5% | +153.8% | +3637.5% |
| Dec 1995 | Jan 1996 | 4 | 11.5% | +33.3% | +2213.7% |
| Feb 1996 | Mar 1996 | 6 | 4.0% | +48.8% | +2159.9% |
| Apr 1997 | May 1997 | 5 | 4.0% | +58.5% | +1733.5% |
| Jun 1998 | Jan 1999 | 34 | 27.0% | -12.9% | +1467.4% |
| Feb 1999 | Oct 2000 | 88 | 35.4% | -21.8% | +1467.4% |
| Nov 2000 | Dec 2000 | 3 | 3.9% | +150.8% | +1467.4% |
| Apr 2005 | Jul 2005 | 15 | 15.8% | +61.3% | +581.5% |
| Mar 2020 | Mar 2020 | 2 | 4.5% | +45.5% | -61.9% |
| Jan 2022 | Ongoing | 212+ | 80.0% | Ongoing | -69.2% |
| Average | 40 | — | +39.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02