Is Neogen Corporation (NEOG) The Best Pet Stock To Invest In According To Analysts? [Yahoo! Finance]
Neogen Corporation (NEOG)
Last neogen corporation earnings: 3/24 08:45 am
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US:NASDAQ Investor Relations:
neogen.com/en/investor-information
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Source: Yahoo! Finance
The pet industry is a rapidly growing sector. It was valued at approximately $320 billion in 2023 and is projected to reach nearly $500 billion by 2030, according to Bloomberg Intelligence's Pet Economy Report. This growth is driven by a rising global pet population and an increasing trend of pet humanization, where owners treat pets as family members and are willing to spend more on their care, including premium food and health services. The report notes that the US is positioned to remain the largest pet market. In the United States, the market is expected to approach $200 billion by 2030, with significant spending on veterinary care and pet healthcare products. Ann-Hunter Van Kirk, Bloomberg Intelligence Senior Biopharmaceutical Analyst and co-author of the report, noted that improved pet nutrition is contributing to longer lifespans for pets, which in turn drives up spending on healthcare for aging animals. Analysts expect this trend of increased spending on pet health to con
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NEOG
News
- Food Allergen Testing Market Poised for Strong Growth with 7.8% CAGR during 2024 to 2034, Fuelled by Rapid Detection Methods | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- Competitive Pressure, Macroeconomic Woes Weigh on NEOG Stock [Yahoo! Finance]Yahoo! Finance
- Neogen® To Participate in 2024 UBS Global Healthcare ConferencePR Newswire
- Neogen Corporation 2025 Q1 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- Neogen Announces First-Quarter 2025 ResultsPR Newswire
NEOG
Earnings
- 10/10/24 - Miss
NEOG
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/5/24 - Form 4
- NEOG's page on the SEC website