Taking On Challenges And Growing? – Labcorp Holdings Inc. (LH)

After Hours

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Stocks Info

This NYSE-listed company operates within the Diagnostics & Research industry segment, falling under the Healthcare sector. The current market capitalization of Labcorp Holdings Inc. is $18.46B. A total of 1.39 million shares were traded on the day, compared to an average of 533.63K shares.

In the most recent transaction, DiVincenzo Jonathan P. bought 5,460 shares of LH for 229.66 per share on Sep 03 ’24. In a previous transaction on Aug 19 ’24, van der Vaart Sandra D sold 2,000 shares at 227.05 per share. LH shares that EVP, Chief Legal Officer owns now total 3,670.

Among the insiders who bought shares, van der Vaart Sandra D acquired of 2,000 shares on Aug 19 ’24 at a per-share price of $227.05. In another insider transaction, EISENBERG GLENN A sold 15,000 shares at $223.99 per share on Aug 15 ’24. Company shares held by the Chief Financial Officer, EVP now total 31,289.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Labcorp Holdings Inc. pays an annual dividend of $2.88, resulting in a dividend yield of 1.31%, and it has a price to earnings (P/E) ratio of 41.76. LH’s most recent ex-dividend date was 11/26/2024 when it declared a $0.72 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/13/2024 with an ex-dividend date of 8/29/2024. The LH stock dividend was $0.72 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, LH has a high of $238.46 and a low of $191.97.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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 $95.53, while its Total Shareholder’s Equity was $10.29B.

Analysts Opinion

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. 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 4.31.

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