We came across a bullish thesis on Neogen Corporation on Cornerstone Value’s Substack. In this article, we will summarize the bulls’ thesis on NEOG. Neogen Corporation’s share was trading at $5.60 as of August 25th. NEOG’s trailing and forward P/E were 822.50 and 16.00 respectively according to Yahoo Finance.
On July 29th, NEOG reported its fourth-quarter and full-year results, which disappointed investors and led to a ~10.5% stock decline. While revenue, earnings, and NTM figures...
