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Inotiv (NOTV) Stock

Profile

Sector:

Healthcare

Country:

United States

IPO:

25 November 1997

Indexes:

Not included

Description:

NOTV, also known as Inotiv, is a company that provides research services to the pharmaceutical and biotechnology industries. They focus on drug development, offering solutions like preclinical testing and laboratory services to help clients bring new medicines to market efficiently and safely.

Key Details

Price

$5.50

Annual Revenue

$490.74 M(-14.27% YoY)

Annual EPS

-$4.19(-2.20% YoY)

Annual ROE

-49.41%

Beta

2.73

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Dec 03, 2024

Recent annual earnings:

Dec 03, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

30 Sept '24 Lake Street
Buy
16 May '24 Lake Street
Hold
16 May '24 Craig-Hallum
Buy
14 May '24 Jefferies
Hold
09 Feb '24 Jefferies
Buy
12 Dec '23 Craig-Hallum
Buy
20 July '23 Wells Fargo
Overweight
19 Jan '23 Jefferies
Hold
11 Jan '23 Lake Street
Buy
18 Nov '22 Lake Street
Hold

Market Data

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Institutional Ownership

Inotiv, Inc. Completes Equity Offering for Net Proceeds of Approximately $3.6 Million
Inotiv, Inc. Completes Equity Offering for Net Proceeds of Approximately $3.6 Million
Inotiv, Inc. Completes Equity Offering for Net Proceeds of Approximately $3.6 Million
NOTV
globenewswire.com30 December 2024

WEST LAFAYETTE, Ind., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Inotiv, Inc. (Nasdaq: NOTV) (the “Company”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that it had raised an additional $3.6 million in net proceeds from the optional shares in connection with its previously announced underwritten public offering of common shares. The Company issued the additional 900,000 shares at a price to the public of $4.25 per share. All the shares were offered and sold by the Company. The Company closed on the sale of the 900,000 optional shares of common stock on December 30, 2024.

Inotiv, Inc. Completes Equity Offering for Net Proceeds of Approximately $24.0 Million
Inotiv, Inc. Completes Equity Offering for Net Proceeds of Approximately $24.0 Million
Inotiv, Inc. Completes Equity Offering for Net Proceeds of Approximately $24.0 Million
NOTV
globenewswire.com23 December 2024

WEST LAFAYETTE, Ind., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Inotiv, Inc. (Nasdaq: NOTV) (the “Company”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that it had raised approximately $24.0 million in net proceeds from its underwritten public offering of 6,000,000 common shares at a price to the public of $4.25 per share. All the shares were offered and sold by the Company. The Company closed on the sale of the initial 6,000,000 common shares on December 19, 2024.

Inotiv, Inc. Launches Proposed Public Offering of Common Shares
Inotiv, Inc. Launches Proposed Public Offering of Common Shares
Inotiv, Inc. Launches Proposed Public Offering of Common Shares
NOTV
globenewswire.com17 December 2024

WEST LAFAYETTE, Ind., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Inotiv, Inc. (Nasdaq: NOTV) (the “Company”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced commencement of a proposed underwritten public offering of its common shares. All the shares will be offered by the Company. The Company also expects to grant the underwriters a 30-day option to purchase additional common shares in an amount of up to 15% of the number of shares sold in the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Inotiv, Inc. (NOTV) Q4 2024 Earnings Call Transcript
Inotiv, Inc. (NOTV) Q4 2024 Earnings Call Transcript
Inotiv, Inc. (NOTV) Q4 2024 Earnings Call Transcript
NOTV
seekingalpha.com03 December 2024

Inotiv, Inc. (NASDAQ:NOTV ) Q4 2024 Earnings Conference Call December 3, 2024 4:30 PM ET Company Participants Steve Halper - Investor Relations Bob Leasure - President and Chief Executive Officer Beth Taylor - Chief Financial Officer Conference Call Participants Frank Takkinen - Lake Street Capital Markets Matt Hewitt - Craig-Hallum Operator Good day, everyone, and welcome to today's Inotiv Fiscal 2024 Fourth Quarter Financial Results. At this time, all participants are in a listen-only mode.

Inotiv, Inc. Amends Its Credit Agreement and Secures Additional Liquidity
Inotiv, Inc. Amends Its Credit Agreement and Secures Additional Liquidity
Inotiv, Inc. Amends Its Credit Agreement and Secures Additional Liquidity
NOTV
globenewswire.com16 September 2024

WEST LAFAYETTE, Ind., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Inotiv, Inc. (Nasdaq: NOTV) (the “Company” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, has amended certain terms of its Credit Agreement. In addition, Inotiv has closed the sale of $22.6 million aggregate principal amount of 15% Senior Secured Second Lien PIK Notes due February 2027 (the “Second Lien Notes”), and warrants to purchase common shares, to certain investors in a private offering.

Inotiv, Inc. Provides Business Updates
Inotiv, Inc. Provides Business Updates
Inotiv, Inc. Provides Business Updates
NOTV
globenewswire.com10 June 2024

WEST LAFAYETTE, Ind., June 10, 2024 (GLOBE NEWSWIRE) -- Inotiv, Inc. (Nasdaq: NOTV) (the “Company” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today provided the following business updates:

Inotiv Reaches Agreement to Resolve Previously-Announced Investigation into Shuttered Cumberland Facility
Inotiv Reaches Agreement to Resolve Previously-Announced Investigation into Shuttered Cumberland Facility
Inotiv Reaches Agreement to Resolve Previously-Announced Investigation into Shuttered Cumberland Facility
NOTV
globenewswire.com03 June 2024

Company reaffirms commitment to maintaining appropriate standards of animal welfare Company reaffirms commitment to maintaining appropriate standards of animal welfare

Inotiv, Inc. to Participate in Upcoming Craig Hallum and Jefferies Investor Conferences
Inotiv, Inc. to Participate in Upcoming Craig Hallum and Jefferies Investor Conferences
Inotiv, Inc. to Participate in Upcoming Craig Hallum and Jefferies Investor Conferences
NOTV
globenewswire.com23 May 2024

WEST LAFAYETTE, Ind., May 23, 2024 (GLOBE NEWSWIRE) -- Inotiv, Inc. (Nasdaq: NOTV) (the “Company”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that Robert Leasure Jr., President and Chief Executive Officer, and Beth Taylor, Chief Financial Officer, will participate in the upcoming 21st Annual Craig Hallum Institutional Investor Conference and Jefferies Global Healthcare Conference.

Why Is Inotiv (NOTV) Stock Down 35% Today?
Why Is Inotiv (NOTV) Stock Down 35% Today?
Why Is Inotiv (NOTV) Stock Down 35% Today?
NOTV
InvestorPlace14 May 2024

Inotiv stock is experiencing a decline on Tuesday following the release of preliminary results for Q1 2024 by the drug discovery and development services company. The company has reported that its revenue for the six months ending on March 31, 2024 is expected to be $254.5 million.

Inotiv (NOTV) Is a Great Choice for 'Trend' Investors, Here's Why
Inotiv (NOTV) Is a Great Choice for 'Trend' Investors, Here's Why
Inotiv (NOTV) Is a Great Choice for 'Trend' Investors, Here's Why
NOTV
Zacks Investment Research03 April 2024

If you are looking for stocks that are well positioned to maintain their recent uptrend, Inotiv (NOTV) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

FAQ

  • What is the primary business of Inotiv?
  • What is the ticker symbol for Inotiv?
  • Does Inotiv pay dividends?
  • What sector is Inotiv in?
  • What industry is Inotiv in?
  • What country is Inotiv based in?
  • When did Inotiv go public?
  • Is Inotiv in the S&P 500?
  • Is Inotiv in the NASDAQ 100?
  • Is Inotiv in the Dow Jones?
  • When was Inotiv's last earnings report?
  • When does Inotiv report earnings?
  • Should I buy Inotiv stock now?

What is the primary business of Inotiv?

NOTV, also known as Inotiv, is a company that provides research services to the pharmaceutical and biotechnology industries. They focus on drug development, offering solutions like preclinical testing and laboratory services to help clients bring new medicines to market efficiently and safely.

What is the ticker symbol for Inotiv?

The ticker symbol for Inotiv is NASDAQ:NOTV

Does Inotiv pay dividends?

No, Inotiv does not pay dividends

What sector is Inotiv in?

Inotiv is in the Healthcare sector

What industry is Inotiv in?

Inotiv is in the Diagnostics & Research industry

What country is Inotiv based in?

Inotiv is headquartered in United States

When did Inotiv go public?

Inotiv's initial public offering (IPO) was on 25 November 1997

Is Inotiv in the S&P 500?

No, Inotiv is not included in the S&P 500 index

Is Inotiv in the NASDAQ 100?

No, Inotiv is not included in the NASDAQ 100 index

Is Inotiv in the Dow Jones?

No, Inotiv is not included in the Dow Jones index

When was Inotiv's last earnings report?

Inotiv's most recent earnings report was on 3 December 2024

When does Inotiv report earnings?

The next expected earnings date for Inotiv is 7 February 2025

Should I buy Inotiv stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions