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.

Several price targets were given for NEO by the analysts covering the stock. The most optimistic analyst gave a price target of 12, implying a possible profit of 28.21 percent. The lowest price target was 9.5, implying potential capital losses of 1.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. 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. Currently the stock is 35.65 percent higher than its low, and below the high by 5.26 percent. 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 market cap of NEO is $0.73453 billion. NEO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.