Value Investing Philosophy And Laboratory Corp. Of America Holdings (NYSE: LH)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

LH belongs to the Healthcare sector of the NYSE while operating in the Diagnostics & Research industry. The current market capitalization of Laboratory Corp. Of America Holdings is $16.98B. A total of 0.69 million shares were traded on the day, compared to an average of 743.25K shares.

In the most recent transaction, Schroeder Mark S sold 6,477 shares of LH for 217.29 per share on Apr 01 ’24. After the transaction, the EVP, Pres Diagnostics & COO now owns 5,036 company shares. In a previous transaction on Apr 01 ’24, Summy Amy B. sold 3,500 shares at 217.29 per share. LH shares that EVP, Chief Marketing Officer owns now total 3,975.

Among the insiders who sold shares, van der Vaart Sandra D disposed of 3,553 shares on Mar 28 ’24 at a per-share price of $216.74. This resulted in the EVP, Chief Legal Officer holding 7,637 shares of LH after the transaction. In another insider transaction, Schroeder Mark S sold 5,048 shares at $218.45 per share on Mar 07 ’24. Company shares held by the EVP, Pres Diagnostics & COO now total 5,036.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Laboratory Corp. Of America Holdings pays an annual dividend of $2.88, resulting in a dividend yield of 1.43%, and it has a price to earnings (P/E) ratio of 43.40. LH’s most recent ex-dividend date was 5/24/2024 when it declared a $0.72 quarterly dividend that was paid in cash on 6/12/2024. Previously, the company paid the dividend on 3/13/2024 with an ex-dividend date of 2/26/2024. The LH stock dividend was $0.72 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. 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 $Hecla Mining Company per share for the current quarter. EPS was calculated based on a consensus of EHang Holdings Limited estimates, with a high estimate of $Parker-Hannifin Corporation per share and a lower estimate of $Li Auto Inc..

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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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