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 potential capital gains of 28.21 percent. The most pessimistic analyst gave a price target of 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change 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. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY 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 P/E 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's next earnings release will be on 0000-00-00, which is days away.