Value Investing Philosophy And Labcorp Holdings Inc. (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 Labcorp Holdings Inc. is $18.16B. A total of 0.84 million shares were traded on the day, compared to an average of 637.98K shares.

In the most recent transaction, van der Vaart Sandra D sold 2,000 shares of LH for 210.83 per share on May 14 ’24. After the transaction, the EVP, Chief Legal Officer now owns 5,637 company shares. In a previous transaction on May 02 ’24, ANDERSON KERRII B sold 250 shares at 200.10 per share. LH shares that Director owns now total 15,722.

Among the insiders who sold shares, ANDERSON KERRII B disposed of 250 shares on Apr 30 ’24 at a per-share price of $204.13. This resulted in the Director holding 15,972 shares of LH after the transaction. In another insider transaction, Wilkinson Peter J sold 2,439 shares at $204.33 per share on Apr 29 ’24. Company shares held by the SVP, Chief Accounting Officer now total 2,087.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Labcorp Holdings Inc. pays an annual dividend of $2.88, resulting in a dividend yield of 1.34%, and it has a price to earnings (P/E) ratio of 43.50. LH’s most recent ex-dividend date was 8/29/2024 when it declared a $0.72 quarterly dividend that was paid in cash on 9/13/2024. Previously, the company paid the dividend on 6/12/2024 with an ex-dividend date of 5/24/2024. 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 $191.97.

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 $94.42, while its Total Shareholder’s Equity was $10.29B.

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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