Today, Laboratory Corp. Of America Holdings (NYSE: LH) Takes Center Stage

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Most recently, Yahoo Finance reported about the stock as it publicized that The Prelude Network® Names Labcorp Its Preferred Genetic Carrier Screening Lab.

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Stocks Info

The company is listed on the NYSE and operates within the Diagnostics & Research industry segment. The current market capitalization of Laboratory Corp. Of America Holdings is $18.37B. A total of 0.61 million shares were traded on the day, compared to an average of 737.99K shares.

In the most recent transaction, van der Vaart Sandra D sold 3,553 shares of LH for 216.74 per share on Mar 28 ’24. After the transaction, the EVP, Chief Legal Officer now owns 7,637 company shares. In a previous transaction on Mar 07 ’24, Schroeder Mark S sold 5,048 shares at 218.45 per share. LH shares that EVP, Pres Diagnostics & COO owns now total 5,036.

Among the insiders who sold shares, Summy Amy B. disposed of 227 shares on Mar 07 ’24 at a per-share price of $218.45. This resulted in the EVP, Chief Marketing Officer holding 3,859 shares of LH after the transaction. In another insider transaction, EISENBERG GLENN A sold 34,504 shares at $215.97 per share on Feb 21 ’24. Company shares held by the Chief Financial Officer, EVP now total 23,595.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Laboratory Corp. Of America Holdings pays an annual dividend of $2.88, resulting in a dividend yield of 1.32%, and it has a price to earnings (P/E) ratio of 46.95. LH’s most recent ex-dividend date was 2/26/2024 when it declared a $0.72 quarterly dividend that was paid in cash on 3/13/2024. Previously, the company paid the dividend on 12/12/2023 with an ex-dividend date of 11/7/2023. The LH stock dividend was $0.72 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, LH has a high of $234.09 and a low of $179.58.

As of this writing, LH has an earnings estimate of $3.51 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $3.67 per share and a lower estimate of $3.3. The company reported an EPS of $3.38 in the last quarter, which was 1.50% higher than expectations of $3.33.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LH’s latest balance sheet shows that the firm has $1.47B in Cash & Short Term Investments as of fiscal 2021. There were $6.34B in debt and $2.78B in liabilities at the time. Its Book Value Per Share was $93.86, while its Total Shareholder’s Equity was $10.27B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LH is Buy with a score of 4.40.

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