As on Wednesday, Laboratory Corp. Of America Holdings (NYSE: LH) started slowly as it slid -0.97% to $199.97, before settling in for the price of $201.93 at the close. Taking a more long-term approach, LH posted a 52-week range of $179.58-$234.09.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 2.87%. Meanwhile, its Annual Earning per share during the time was -11.14%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.43%. This publicly-traded company’s shares outstanding now amounts to $83.90 million, simultaneously with a float of $83.78 million. The organization now has a market capitalization sitting at $16.82 billion. At the time of writing, stock’s 50-day Moving Average stood at $214.84, while the 200-day Moving Average is $213.34.
Laboratory Corp. Of America Holdings (LH) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Diagnostics & Research industry. Laboratory Corp. Of America Holdings’s current insider ownership accounts for 0.39%, in contrast to 97.72% institutional ownership. According to the most recent insider trade that took place on Apr 01 ’24, this organization’s EVP, Pres Diagnostics & COO sold 6,477 shares at the rate of 217.29, making the entire transaction reach 1,407,387 in total value, affecting insider ownership by 5,036. Preceding that transaction, on Apr 01 ’24, Company’s EVP, Chief Marketing Officer sold 3,500 for 217.29, making the whole transaction’s value amount to 760,515. This particular insider is now the holder of 3,975 in total.
Laboratory Corp. Of America Holdings (LH) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.28 per share during the current fiscal year.
Laboratory Corp. Of America Holdings’s EPS increase for this current 12-month fiscal period is 9.43% and is forecasted to reach 16.08 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 9.32% through the next 5 years, which can be compared against the -11.14% growth it accomplished over the previous five years trading on the market.
Laboratory Corp. Of America Holdings (NYSE: LH) Trading Performance Indicators
Let’s observe the current performance indicators for Laboratory Corp. Of America Holdings (LH). It’s Quick Ratio in the last reported quarter now stands at 1.02. The Stock has managed to achieve an average true range (ATR) of 3.49. Alongside those numbers, its PE Ratio stands at $42.97, and its Beta score is 1.02. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.30. Similarly, its price to free cash flow for trailing twelve months is now 19.24.
In the same vein, LH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.65, a figure that is expected to reach 3.48 in the next quarter, and analysts are predicting that it will be 16.08 at the market close of one year from today.
Technical Analysis of Laboratory Corp. Of America Holdings (LH)
Through scrutinizing the latest numbers posted by the [Laboratory Corp. Of America Holdings, LH], it can be observed that its last 5-days Average volume of 0.72 million was lower the volume of 0.74 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 1.29% While, its Average True Range was 3.39.
Raw Stochastic average of Laboratory Corp. Of America Holdings (LH) in the period of the previous 100 days is set at 0.38%, which indicates a major fall in contrast to 0.69% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 10.53% that was lower than 17.66% volatility it exhibited in the past 100-days period.
