On Tuesday, Labcorp Holdings Inc (NYSE: LH) opened higher 4.71% from the last session, before settling in for the closing price of $229.60. Price fluctuations for LH have ranged from $191.97 to $258.59 over the past 52 weeks.
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
Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 3.87%. Company’s average yearly earnings per share was noted 10.28% at the time writing. With a float of $83.33 million, this company’s outstanding shares have now reached $83.40 million.
Considering the fact that the conglomerate employs 70000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 27.42%, operating margin of 8.37%, and the pretax margin is 7.11%.
Labcorp Holdings Inc (LH) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Diagnostics & Research industry is another important factor to consider. The insider ownership of Labcorp Holdings Inc is 0.40%, while institutional ownership is 95.12%. The most recent insider transaction that took place on Mar 28 ’25, was worth 175,606. In this transaction EVP, Chief Marketing Officer of this company sold 758 shares at a rate of $231.67, taking the stock ownership to the 5,302 shares. Before that another transaction happened on Mar 28 ’25, when Company’s EVP, Pres Diagnostics & COO sold 2,635 for $231.67, making the entire transaction worth $610,450. This insider now owns 4,960 shares in total.
Labcorp Holdings Inc (LH) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 10.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.14% during the next five years compared to 1.13% growth over the previous five years of trading.
Labcorp Holdings Inc (NYSE: LH) Trading Performance Indicators
Check out the current performance indicators for Labcorp Holdings Inc (LH). In the past quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.55. Likewise, its price to free cash flow for the trailing twelve months is 18.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.84, a number that is poised to hit 4.19 in the next quarter and is forecasted to reach 17.69 in one year’s time.
Technical Analysis of Labcorp Holdings Inc (LH)
Compared to the last year’s volume of 0.72 million, its volume of 1.13 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 94.28%. Additionally, its Average True Range was 8.22.
During the past 100 days, Labcorp Holdings Inc’s (LH) raw stochastic average was set at 63.08%, which indicates a significant decrease from 95.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.35% in the past 14 days, which was higher than the 24.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $236.38, while its 200-day Moving Average is $231.00. Nevertheless, the first resistance level for the watch stands at $248.66 in the near term. At $256.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $271.85. If the price goes on to break the first support level at $225.47, it is likely to go to the next support level at $210.52. Now, if the price goes above the second support level, the third support stands at $202.28.
Labcorp Holdings Inc (NYSE: LH) Key Stats
There are currently 83,669K shares outstanding in the company with a market cap of 20.12 billion. Presently, the company’s annual sales total 13,009 M according to its annual income of 746,000 K. Last quarter, the company’s sales amounted to 3,329 M and its income totaled 143,400 K.
