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Laboratory Corporation of America Holdings (LH) July 20, 2021 Stock Price, Analysis & Forecast

Laboratory Corporation of America Holdings (LH) July 20, 2021 Stock Price, Analysis & Forecast

Laboratory Corporation of America Holdings (NYSE: LH) opened the trading session on July 20, 2021, at $275, showing a change of 0.7132% compared to the previous close at $274.82. Within the trading session, the stock price increased to $279.78 and sunk to $274.48. Finally, the stock settled at $276.78. Yet, taking into consideration a long-term vision, Laboratory Corporation of America Holdings reported a 52 Week Range within the ambit of $170.05-$284.17.

Laboratory Corporation of America Holdings's shares outstanding currently cost $97.70M, simultaneously with a float of $97.17M. LH operates in the LIFE SCIENCES sector of the SERVICES-MEDICAL LABORATORIES industry and has a market capitalization of $27.04B (as of July 20, 2021). It's noteworthy that Laboratory Corporation of America Holdings's 50-day Moving Average settled at $269.2, while such value as 200-day Moving Average is now $252.19.

To assess the company's efficiency, let's pay attention to Laboratory Corporation of America Holdings's conglomerate performance. Till now, LH has full-time employees. Laboratory Corporation of America Holdings has generated $inf per worker Within the last fiscal year. In the meantime, LH's income per employee was $inf. And now, let's pay attention to the company's income report. Laboratory Corporation of America Holdings's Net Income for the last fiscal year was $1.56B, while such value as Income Before Taxes was at the level of $2.22B. LH's Operating Income was at the mark of $2.45B.

Laboratory Corporation of America Holdings (LH) Earnings & Revenue

Talking about the Profitability, LH reached a Profit Margin of 17.3% and an Operating Margin (TTM) of 25.6%. However, when we touch the questions of management effectiveness, Laboratory Corporation of America Holdings generated a Return on Equity (TTM) of 31% and a Return on Assets (TTM) of 13%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, Laboratory Corporation of America Holdings generated Revenue (TTM) of $15.32B, reporting a Quarterly Revenue Growth of 47.4%. As for the Revenue Per Share (TTM), this indicator was at the mark of $157.25. The company's Gross Profit (TTM) was $5.01B, while according to the EBITDA report, it was estimated at $4.44B.

Laboratory Corporation of America Holdings (NYSE: LH) Owners & Shares

Finally, let's take a look at the share statistics. As mentioned above, LH's shares outstanding now amounts to $97.70M, where Shares Short was $1.69M versus the prior month amounted to $1.52M. (Short % of Float was 1.74%). And now, let's overview which kind of investors works with Laboratory Corporation of America Holdings's stocks. LH's current ownership accounts for 93.58% institutional investors, while 0.587% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, LH's Forward Annual Dividend Rate is currently at the mark of 0, whereas the Dividend Yield is 0%, and a Dividend Payout Ratio is 0% (Dividend Date: December 31, 1969). The company's Dividend Per Share value thereby is $None.

LH Trading Performance

It's time to observe the current performance indicators for Laboratory Corporation of America Holdings. LH's price/earnings to growth ratio during the last reported quarter was 2.07%. The company's PE Ratio stands at 10.29%, while LH's Beta score is 1.046. Also worth noting that Laboratory Corporation of America Holdings's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 26.89. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 1.775, as well as Price To Book Ratio, which amounts to 2.695.

Laboratory Corporation of America Holdings Analysis & Estimates

Within the previous 9-day period, Laboratory Corporation of America Holdings's Average True Range (ATR) was 4.3844, while the stock's Stochastic SlowD moving average was 27.5806%, and the SlowK moving average volumed at 27.5806%.

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