Analyst Ratings for NeoGenomics Inc. (NEO)Updated: 2017-07-28
NeoGenomics Inc. (NASDAQ:NEO) was awarded an average rating of Buy from investment analysts following the stock. A consensus rating of Buy was previously issued for NEO last month.
9 analysts declared NEO a buy, 1 issued an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for NEO. The maximum price target given was 12, implying a possible profit of 28.21 percent. The lowest price target was 9.5, which equates to a potential downside of 1.5 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
In the last 52-weeks, NEO has achieved a high of 9.88 and a low of 6.90. The current market price is above the trailing year's low by 35.65 percent, and 5.26 percent below the high. NEO has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The NEO value stock report compares NEO to some of its peers using value stock charts. The stock has a market capitalization of $0.73453 billion. NEO's next earnings release will be on 0000-00-00, which is days away.