Monday, March 1, 2021

Neos Therapeutics Inc. [NEOS] Stock trading around $1.26 per share: What’s Next?

Must read

The Goodyear Tire & Rubber Company (GT): Keeping an Eye On The Long Term

The Goodyear Tire & Rubber Company (NASDAQ: GT) has acquired rival Cooper Tire & Rubber Company (NYSE: CTB) for $2.8 billion. The takeover will...

Armstrong Flooring Inc (AFI) Hitting the mark

Armstrong Flooring Inc (AFI) ‎stock got some oxygen when the company publicly announced to sell its production facility and real state property of theSouth...

Neos Therapeutics Inc. [NASDAQ: NEOS] stock went on an upward path that rose over 18.87% on Wednesday, amounting to a one-week price increase of more than 47.20%. The company report on February 10, 2021 that Aytu BioScience and Neos Therapeutics Announce Special Meetings of Stockholders Related to Proposed Merger to Be Held on March 18, 2021.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

– Record date for each Special Meeting of Stockholders is February 5, 2021 -.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


– Upon merger closing, combined company will be renamed Aytu Biopharma, Inc. -.

Over the last 12 months, NEOS stock dropped by -20.25%. The one-year Neos Therapeutics Inc. stock forecast points to a potential downside of -26.0. The average equity rating for NEOS stock is currently 2.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $61.02 million, with 49.76 million shares outstanding and 49.22 million shares in the current float. Compared to the average trading volume of 5.83M shares, NEOS stock reached a trading volume of 21491501 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Neos Therapeutics Inc. [NEOS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NEOS shares is $1.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NEOS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

RBC Capital Mkts have made an estimate for Neos Therapeutics Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 09, 2017. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on August 01, 2017, representing the official price target for Neos Therapeutics Inc. stock. Previously, the target price had yet another drop from $11 to $8, while UBS kept a Neutral rating on NEOS stock. On May 17, 2016, analysts decreased their price target for NEOS shares from 33 to 29.

The Average True Range (ATR) for Neos Therapeutics Inc. is set at 0.11, with the Price to Sales ratio for NEOS stock in the period of the last 12 months amounting to 1.07.

NEOS Stock Performance Analysis:

Neos Therapeutics Inc. [NEOS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 47.20. With this latest performance, NEOS shares gained by 71.22% in over the last four-week period, additionally plugging by 79.23% over the last 6 months – not to mention a drop of -20.25% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NEOS stock in for the last two-week period is set at 79.75, with the RSI for the last a single of trading hit 85.85, and the three-weeks RSI is set at 75.15 for Neos Therapeutics Inc. [NEOS]. The present Moving Average for the last 50 days of trading for this stock 0.7466, while it was recorded at 1.0098 for the last single week of trading, and 0.7003 for the last 200 days.

Insight into Neos Therapeutics Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Neos Therapeutics Inc. [NEOS] shares currently have an operating margin of -16.11 and a Gross Margin at +61.14. Neos Therapeutics Inc.’s Net Margin is presently recorded at -26.14.

Return on Total Capital for NEOS is now -20.35, given the latest momentum, and Return on Invested Capital for the company is -43.74. Return on Equity for this stock declined to -1,971.08, with Return on Assets sitting at -16.72. Additionally, NEOS Total Debt to Total Capital is recorded at 114.34, with Total Debt to Total Assets ending up at 53.78.

Reflecting on the efficiency of the workforce at the company, Neos Therapeutics Inc. [NEOS] managed to generate an average of -$79,352 per employee. Receivables Turnover for the company is 2.38 with a Total Asset Turnover recorded at a value of 0.64.Neos Therapeutics Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.70.

NEOS Stock EPS

With the latest financial reports released by the company, Neos Therapeutics Inc. posted -0.07/share EPS, while the average EPS was predicted by analysts to be reported at -0.03/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -133.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NEOS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Neos Therapeutics Inc. go to 31.70%.

Neos Therapeutics Inc. [NEOS] Insider Position Details

There are presently around $18 million, or 33.40% of NEOS stock, in the hands of institutional investors. The top three institutional holders of NEOS stocks are: NANTAHALA CAPITAL MANAGEMENT, LLC with ownership of 4,610,000, which is approximately 0% of the company’s market cap and around 1.50% of the total institutional ownership; STONEPINE CAPITAL MANAGEMENT, LLC, holding 4,384,199 shares of the stock with an approximate value of $4.65 million in NEOS stocks shares; and GOLDMAN SACHS GROUP INC, currently with $2.79 million in NEOS stock with ownership of nearly -0.591% of the company’s market capitalization.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Positions in Neos Therapeutics Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 14 institutional holders increased their position in Neos Therapeutics Inc. [NASDAQ:NEOS] by around 224,819 shares. Additionally, 18 investors decreased positions by around 1,587,075 shares, while 20 investors held positions by with 14,874,444 shares. The mentioned changes placed institutional holdings at 16,686,338 shares, according to the latest SEC report filing. NEOS stock had 7 new institutional investments in for a total of 79,255 shares, while 10 institutional investors sold positions of 1,404,346 shares during the same period.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Armstrong Flooring Inc (AFI) Hitting the mark

Armstrong Flooring Inc (AFI) ‎stock got some oxygen when the company publicly announced to sell its production facility and real state property of theSouth...

The Goodyear Tire & Rubber Company (GT): Keeping an Eye On The Long Term

The Goodyear Tire & Rubber Company (NASDAQ: GT) has acquired rival Cooper Tire & Rubber Company (NYSE: CTB) for $2.8 billion. The takeover will...

OCUL stock: Ocular Therapeutix (OCUL) Is Better Than You Think

Ocular Therapeutix (OCUL) has performed well over the past year. OCUL has experienced a 248.76% gain in the last year, while its stock has...

Examining the Technicals of Levi Strauss & Co (NYSE: LEVI)

Levi Strauss & Co (NYSE: LEVI), one of the world's most famous denim brands, is recovering from the COVID-19 crisis. As a result of...

Philip Morris International’s Stock Is Driven By IQOS’s Increasing Growth: PM Stock

Shares of Philip Morris International (PM) reacted positively to the fourth quarter's earnings report. PM-related firms' stocks rose 8.77% for the week, with a...

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the Newsheater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.