Labcorp Holdings Inc (NYSE: LH) is 23.55% higher on its value in year-to-date trading and has touched a low of $198.96 and a high of $264.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LH stock was last observed hovering at around $258.70 in the last trading session, with the day’s gains setting it 539.52%.
Currently trading at $798.22K, the stock is 0.02% and 4.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 930975% at the moment leaves the stock 8.48% off its SMA200. LH registered 12.06% gain for a year compared to 6-month gain of 12.41%. The firm has a 50-day simple moving average (SMA 50) of $246.1364 and a 200-day simple moving average (SMA200) of $236.89626.
The stock witnessed a 3.75% loss in the last 1 month and extending the period to 3 months gives it a 10.13%, and is -1.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.69% over the week and 1.67% over the month.
Labcorp Holdings Inc (LH) has around 70000 employees, a market worth around $21.50B and $13.18B in sales. Current P/E ratio is 29.64 and Fwd P/E is 14.59. Profit margin for the company is 5.55%. Distance from 52-week low is 29.16% and -2.67% from its 52-week high. The company has generated returns on investments over the last 12 months (4.99%).
with sales reaching $3.49B over the same period.The EPS is expected to grow by 10.30% this year, but quarterly earnings will post 6.84% year-over-year. Quarterly sales are estimated to grow 8.21% in year-over-year returns.
1345.0 institutions hold shares in Labcorp Holdings Inc (LH), with institutional investors hold 96.81% of the company’s shares. The shares outstanding are 83.80M, and float is at 83.38M with Short Float at 4.13%. Institutions hold 96.46% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.61 million shares valued at $1.96 billion. The investor’s holdings represent 11.428 of the LH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.49 million shares valued at $1.93 billion to account for 11.2879 of the shares outstanding. The other top investors are STATE STREET CORP which holds 3.7 million shares representing 4.4009 and valued at over $753.22 million, while WELLINGTON MANAGEMENT GROUP LLP holds 2.6482 of the shares totaling 2.23 million with a market value of $453.25 million.
Labcorp Holdings Inc (LH) Insider Activity
The most recent transaction is an insider sale by ANDERSON KERRII B, the company’s Director. SEC filings show that ANDERSON KERRII B sold 500 shares of the company’s common stock on Jun 11 ’25 at a price of $260.00 per share for a total of $0.13 million. Following the sale, the insider now owns 12666.0 shares.
Still, SEC filings show that on Jun 03 ’25, Caveney Brian J (EVP, Pres of ED, CMO & CSO) disposed off 2,000 shares at an average price of $247.00 for $0.49 million. The insider now directly holds 30,067 shares of Labcorp Holdings Inc (LH).
