NeoGenomics (NEO) Receiving Somewhat Positive News Coverage, Report Finds
Media stories about NeoGenomics (NASDAQ:NEO) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NeoGenomics earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the medical research company an impact score of 46.3468085063088 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Liquid Biopsy Products Market Development by 2023: NeoGenomics Laboraories, Pathway Genomics, Qiagen and … (theanalystfinancial.com)
- Liquid Biopsy Products Market Development by 2023: Qiagen, Pathway Genomics, NeoGenomics Laboraories and … (satprnews.com)
- BTIG Upgrades Neogenomics (NEO) to Buy (streetinsider.com)
- NeoGenomics (NEO) Rating Increased to Buy at BTIG Research (americanbankingnews.com)
- Healthcare Stock Roundup: NeoGenomics, Inc. (NEO) (stocksgeeks.com)
NASDAQ:NEO opened at $9.17 on Tuesday. NeoGenomics has a 1-year low of $7.08 and a 1-year high of $11.63. The company has a current ratio of 2.42, a quick ratio of 2.21 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $683.51, a price-to-earnings ratio of 150.83, a P/E/G ratio of 4.72 and a beta of 0.42.
Several equities analysts recently issued reports on the company. ValuEngine upgraded NeoGenomics from a “hold” rating to a “buy” rating in a report on Tuesday. BidaskClub raised NeoGenomics from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. Royal Bank of Canada increased their target price on NeoGenomics from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Tuesday, March 13th. BTIG Research raised NeoGenomics from a “neutral” rating to an “outperform” rating in a research note on Monday. Finally, Scotiabank increased their target price on NeoGenomics from $22.00 to $23.00 and gave the company an “outperform” rating in a research note on Tuesday, March 13th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. NeoGenomics presently has a consensus rating of “Buy” and an average price target of $17.29.
NeoGenomics, Inc, together with its subsidiaries, operates a network of cancer-focused genetic testing laboratories in the United States. It operates through Clinical Services and Pharma Services segments. The company laboratories provide genetic and molecular testing services to hospitals, pathologists, oncologists, urologists, other clinicians and researchers, pharmaceutical firms, and other clinical laboratories.
Receive News & Ratings for NeoGenomics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NeoGenomics and related companies with MarketBeat.com's FREE daily email newsletter.