Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $242.37 in the prior trading day, Labcorp Holdings Inc (NYSE: LH) closed at $246.27, up 1.61%. In other words, the price has increased by $1.61 from its previous closing price. On the day, 0.75 million shares were traded.
Ratios:
Our goal is to gain a better understanding of LH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 55.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.89. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.76.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Redburn Atlantic on April 02, 2025, initiated with a Buy rating and assigned the stock a target price of $276.
On March 04, 2025, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $250 to $300.
Evercore ISI Upgraded its In-line to Outperform on January 07, 2025, whereas the target price for the stock was revised from $260 to $265.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 13 ’25 when EISENBERG GLENN A bought 15,000 shares for $250.42 per share.
Schechter Adam H sold 6,105 shares of LH for $1,518,497 on May 12 ’25. The President & CEO now owns 98,962 shares after completing the transaction at $248.73 per share. On May 12 ’25, another insider, Schechter Adam H, who serves as the Officer of the company, bought 6,105 shares for $248.73 each.
Valuation Measures:
As of this moment, Labcorp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.41, and their Forward P/E ratio for the next fiscal year is 13.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.56 while its Price-to-Book (P/B) ratio in mrq is 2.48.
Stock Price History:
Over the past 52 weeks, LH has reached a high of $258.59, while it has fallen to a 52-week low of $191.97. The 50-Day Moving Average of the stock is 4.74%, while the 200-Day Moving Average is calculated to be 5.66%.
Shares Statistics:
A total of 83.80M shares are outstanding, with a floating share count of 83.13M. Insiders hold about 0.65% of the company’s shares, while institutions hold 95.89% stake in the company.
