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Market Cap 19.04B P/E 19.31 EPS this Y 9.40% Ern Qtrly Grth 7.10%
Income 399.2M Forward P/E 14.37 EPS next Y 7.30% 50D Avg Chg 6.00%
Sales 12.3B PEG 1.65 EPS past 5Y 4.07% 200D Avg Chg 7.00%
Dividend 1.00% Price/Book 2.17 EPS next 5Y 8.58% 52W High Chg -5.00%
Recommedations 1.90 Quick Ratio 0.58 Shares Outstanding 84.29M 52W Low Chg 25.00%
Insider Own - ROA 3.76% Shares Float 83.86M Beta 1.01
Inst Own - ROE 4.37% Shares Shorted/Prior 2.07M/1.92M Price 214.94
Gross Margin 27.74% Profit Margin 3.52% Avg. Volume 738,014 Target Price 241.60
Oper. Margin 10.17% Earnings Date Jul 25 Volume 625,928 Change 0.62%
About Laboratory Corporation of Ameri

Labcorp Holdings Inc. operates as a laboratory services company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Diagnostics Laboratories (Dx) and Biopharma Laboratory Services (BLS). The company offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin A1C and vitamin D, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests. It also provides specialty testing services comprising gene-based and esoteric testing; advanced tests target specific diseases; services related to anatomic pathology/oncology, cardiovascular disease, coagulation, diagnostic genetics, endocrinology, infectious disease, women's health, pharmacogenetics, parentage and donor testing, occupational testing services, medical drug monitoring services, chronic disease programs, and kidney stone prevention tests; and health and wellness services to employers and managed care organizations (MCOs), including health fairs, on-site and at-home testing, vaccinations, and health screenings. In addition, the company offers online and mobile applications that enable patients to check test results; online applications for providers, MCOs, and accountable care organizations; and drug development, medical device, and companion diagnostic development solutions from early-stage research to clinical development, as well as support for crop protection and chemical testing. It serves pharmaceutical, biotechnology, medical device, and diagnostics companies; and MCOs, employer plans, other health insurance providers, governmental agencies, physicians and other healthcare providers, hospitals and health systems, employers, patients and consumers, contract research organizations, crop protection and chemical companies, academic institutions, independent clinical laboratories, and retailers. The company is headquartered in Burlington, North Carolina.

Laboratory Corporation of Ameri News
05/16/24 Insider Sale: EVP, Chief Legal Officer van der Vaart Sandra D Sells Shares of Laboratory Corp ...
05/16/24 Labcorp (LH) to Assess Preeclampsia Risk With New Test
05/16/24 Labcorp launches first trimester preeclampsia screening test
05/15/24 Labcorp Introduces First Trimester Screening Test to Assess Preeclampsia Risk during Pregnancy
05/09/24 Here's Why Investors Should Retain Labcorp (LH) Stock for Now
05/09/24 We Think Shareholders May Want To Consider A Review Of Laboratory Corporation of America Holdings' (NYSE:LH) CEO Compensation Package
05/08/24 Labcorp to Webcast Its Annual Meeting of Shareholders
05/08/24 Q1 2024 OPKO Health Inc Earnings Call
05/08/24 OPKO Health Inc (OPK) Q1 2024 Earnings Call Transcript Highlights: Strategic Moves Amid ...
05/07/24 Invitae Receives Court Approval for Sale to Labcorp
05/02/24 Insider Sale at Laboratory Corp of America Holdings (LH)
05/01/24 Decoding Laboratory Corp of America Holdings (LH): A Strategic SWOT Insight
04/30/24 Laboratory Corporation of America Holdings (NYSE:LH) Q1 2024 Earnings Call Transcript
04/30/24 Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72
04/29/24 Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
04/29/24 The Zacks Analyst Blog Highlights 10x Genomics, Cardinal Health, Hologic, Boston Scientific and LabCorp
04/29/24 Labcorp Receives FDA Approval for First Companion Diagnostic for Use with Pfizer's Newly Approved Gene Therapy to Treat Patients with Hemophilia B
04/26/24 Integer Holdings (ITGR) Q1 Earnings Top Estimates, Margins Up
04/26/24 3 Medical Products Stocks Set to Beat This Earnings Season
04/26/24 Laboratory Corporation of America Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
LH Chatroom

User Image Aigner_Andreas Posted - 3 days ago

TD SELL $LH at 210.59, Supp 200.25 Resis 213.21 R6 HiLo 59% T1Y 293 buy 1.9 DIV 1.25% #Laboratory #stocks #trading #finance #market

User Image Chark Posted - 4 days ago

$LH Haven’t looked at this in awhile. The chart looks so ugly I thought it had split. 😂

User Image InsiderPeek Posted - 4 days ago

$LH Chief Legal Officer Van Der Vaart Sandra D sold 2k shares for $421.7k (ownership down 26.19%) insiderpeek.com/company/LH

User Image Stock_Titan Posted - 5 days ago

$LH Labcorp Introduces First Trimester Screening Test to Assess Preeclampsia Risk during Pregnancy https://www.stocktitan.net/news/LH/labcorp-introduces-first-trimester-screening-test-to-assess-mxhmxvezmcqa.html

User Image lowfloatscambuster Posted - 1 week ago

@IOMASS The market is telling you it doesn’t believe that. Every time $LH drops a new adjacent diagnostic test to QTRX, stock gets destroyed- it happened last year around this https://ir.labcorp.com/news-releases/news-release-details/labcorp-launches-new-test-accelerate-path-diagnosis-alzheimers And QTRX management has been woefully inept at managing the message, that is 100% a contributing factor to the EV of this company being a pathetic $300 million. I think they have 6 months MAX left to prove that they can capitalize on the AD oportunity as a standalone company. But if you again hear that diagnostic revs are “immaterial” and not included in guidance when they report Q2 in Aug, look out below. At this point, if there is a strategic offering them $30/shr, they need to take that deal immediately. It’s not out of the question - the technology is real and it can be valuable.

User Image Stock_Titan Posted - 1 week ago

$LH $NVTAQ Invitae Receives Court Approval for Sale to Labcorp https://www.stocktitan.net/news/LH/invitae-receives-court-approval-for-sale-to-huihfjskcx24.html

User Image DonCorleone77 Posted - 2 weeks ago

$LH Geneoscopy to launch ColoSense in collaboration with Labcorp after FDA approval Geneoscopy announced that the U.S. Food and Drug Administration (FDA) approved its noninvasive colorectal cancer screening test, ColoSense. ColoSense is indicated as a screening test for adults, 45 years of age or older, who are at typical average risk for developing CRC. Designated as a Breakthrough Device by the FDA, ColoSense is the first noninvasive colorectal cancer screening test to provide a dynamic view of disease activity by using RNA biomarkers. RNA biomarkers are not subject to age-related methylation patterns that can lead to variability in test performance across different age groups. FDA approval of ColoSense is a significant step in making this important screening tool available to patients. Geneoscopy is working with payors, professional societies, and advocacy partners to support a commercial launch later this year or early in 2025 to ensure patients have timely access to ColoSense to support CRC screening. Geneoscopy will launch ColoSense in collaboration with Labcorp (LH).

User Image Stock_Titan Posted - 2 weeks ago

$LH FDA Approves ColoSense™ – Geneoscopy's Noninvasive Multi-target Stool RNA (mt-sRNA) Colorectal Cancer Screening Test https://www.stocktitan.net/news/LH/fda-approves-colo-sense-geneoscopy-s-noninvasive-multi-target-stool-12jawwubaxg6.html

User Image smartkarma Posted - 2 weeks ago

$LH | Laboratory Corporation of America (LabCorp): Will The Acquisition of Invitae Be A Game Changer? - Major Drivers "Laboratory Corporation of America Holdings (LabCorp) has seen significant growth in its first quarter of 2024 and continues to show promise for..." - Baptista Research (Baptista Research) Key Points:Laboratory Corporation of America Holdings (LabCorp) has seen significant growth in its first quarter of 2024 and continues to show promise for the rest of the year.The total revenue for the quarter was $3.2 billion with adjusted earnings per share at $3.68, which represents a 5% increase in enterprise revenue from the first quarter of 2023.Within the revenue growth, the Diagnostic Laboratories business accounted for a 4% increase, while Biopharma revenue rose 8%. Read more: https://www.smartkarma.com/insights/laboratory-corporation-of-america-labcorp-will-the-acquisition-of-invitae-be-a-game-changer-major-drivers

User Image insiderbuyingselling Posted - 2 weeks ago

$LH new insider selling: 500 shares. http://insiderbuyingselling.com/?t=LH

User Image Lectin_Pectin Posted - 2 weeks ago

$INBS very bullish article here. Great info and synopsis. https://talkmarkets.com/content/stocks--equities/intelligent-bio-solutions-fingerprint-drug-screening-technology-poised-for-massive-growth?post=442811 They might actually give those $LH and $DGX urine tests a run for their money!!

User Image insiderbuyingselling Posted - 2 weeks ago

$LH new insider selling: 2439 shares. http://insiderbuyingselling.com/?t=LH

User Image WhisperNumber Posted - 04/30/24

$CVS #earnings before open Wed, the expectation from the WhisperNumber community is $1.81, 10c ahead of analyst estimates. Earnings came in $0.04 ahead of the whisper last quarter. 58% beat rate. Implied movement +/-4.3%. https://www.whispernumber.com #options $CI $LH

User Image briefingcom Posted - 04/29/24

$LH: Laboratory Corp receives FDA approval for first companion diagnostic for use with Pfizer's (PFE) newly approved gene therapy to treat patients with Hemophilia B https://www.briefing.com/in-depth-analysis/content/article?ArticleId=IN20240429070728LH&utm_campaign=inplay&utm_medium=social&utm_source=st&utm_content=view_page

User Image DonCorleone77 Posted - 04/29/24

$LH $PFE Labcorp: FDA approves nAbCyte Anti-AAVRh74var HB-FE Assay Labcorp (LH) announced the U.S. FDA has approved its nAbCyte Anti-AAVRh74var HB-FE Assay, a companion diagnostic to determine patient eligibility for treatment with BEQVEZ, Pfizer's (PFE) recently FDA-approved hemophilia B gene therapy. The nAbCyte cell-based neutralizing antibody assay is a component of Pfizer's program to target recombinant adeno-associated virus-based gene therapies to the appropriate patient population. Before infusion with BEQVEZ, patients will require testing for preexisting anti-AAVRh74var antibodies. Labcorp's nAbCyte cell-based neutralizing antibody assay will allow for the accurate detection of preexisting neutralizing antibodies, which could impact patient safety and/or efficacy of the one-time treatment.

User Image Stock_Titan Posted - 04/29/24

$LH Labcorp Receives FDA Approval for First Companion Diagnostic for Use with Pfizer's Newly Approved Gene Therapy to Treat Patients with Hemophilia B https://www.stocktitan.net/news/LH/labcorp-receives-fda-approval-for-first-companion-diagnostic-for-use-lg4gwwht3500.html

User Image Millones Posted - 04/25/24

$LH https://www.reuters.com/markets/deals/clinical-lab-operator-labcorp-buy-bankrupt-genetic-test-maker-invitae-239-mln-2024-04-25/?trk=feed_main-feed-card_feed-article-content

User Image TalkMarkets Posted - 04/25/24

Intelligent Bio Solutions’ Fingerprint Drug Screening Technology Poised For Massive Growth $INBS Also $ABT $DGX $LH $OSUR https://talkmarkets.com/content/stocks--equities/intelligent-bio-solutions-fingerprint-drug-screening-technology-poised-for-massive-growth?post=442811

User Image TalkMarkets Posted - 04/25/24

Intelligent Bio Solutions’ Fingerprint Drug Screening Technology Poised For Massive Growth $INBS Also $ABT $DGX $LH $OSUR https://talkmarkets.com/content/stocks--equities/intelligent-bio-solutions-fingerprint-drug-screening-technology-poised-for-massive-growth?post=442811

User Image AnimalBob Posted - 04/25/24

@tactictrade @mumiok it says assets, doesn’t say anything about shareholders yet. Most likely we don’t get shit. Would be nice to get some shares of $LH 🤣

User Image EBXHoldings Posted - 04/25/24

$LH Been a loser since the covid days......business as usual. Buying up losers to prop up a stagnant business model and employees pay the price in low raises and more multitasking work. Nothing new to see here.

User Image mumiok Posted - 04/25/24

$NVTAQ on X "$LH bought (if approved by the court) $NVTAQ $NVTA for $239M - that's $0.87 per share with 275M shares outstanding, if I count correctly. And Labcorp expects acquired assets to generate ~$300M annualy... It will be interesting to see if they want to keep $550M of NOL and if yes (why not?), is there any way to do this without retaining shareholders..."

User Image DonCorleone77 Posted - 04/25/24

$LH Labcorp narrows FY24 adjusted EPS view to $14.45-$15.35 from $14.30-$15.40 Consensus $14.82. The company said, "Labcorp is updating 2024 full year guidance to reflect its first quarter performance and full year outlook. The following guidance assumes foreign exchange rates effective as of March 31, 2024, for the remainder of the year. Enterprise level guidance includes the estimated impact from currently anticipated capital allocation, including acquisitions, share repurchases and dividends."

User Image DonCorleone77 Posted - 04/25/24

$LH Labcorp reports Q1 adjusted EPS $3.68, consensus $3.48 Reports Q1 revenue $3.18B, consensus $3.12B. "Labcorp's first quarter performance sets a strong foundation for the year ahead," said Adam Schechter, chairman and CEO of Labcorp. "We have a strong position as a partner of choice for health systems and regional/local laboratories, announcing or completing several transactions in the quarter. Additionally, we continue to harness science, technology and innovation as we expand Labcorp's test menu to meet patients' evolving needs. The Labcorp team will build off this momentum and continue to deliver value for customers, shareholders and employees as we further our mission to improve health and improve lives."

User Image epsguid Posted - 04/25/24

$LH reported earnings of $3.68, consensus was $3.46 via @eWhispers #epsbeat http://eps.sh/d/lh

User Image Stock_Titan Posted - 04/25/24

$LH Labcorp Announces 2024 First Quarter Results https://www.stocktitan.net/news/LH/labcorp-announces-2024-first-quarter-llzgrhyzazl8.html

User Image DonCorleone77 Posted - 04/25/24

$LH Labcorp wins bid to purchase assets of Invitae for $239M Labcorp announced that it has been selected as the winning bidder for select assets of Invitae, a medical genetics company. Before the transaction can proceed, the court overseeing the process must issue an approval order following a hearing currently scheduled for May 6, 2024. Upon completion, Labcorp expects this transaction would generate approximately $275M-$300M in annual revenue with the vast majority in specialty testing areas such as oncology and rare diseases. The purchase price for the transaction is $239M. The transaction is anticipated to close in third quarter of 2024, subject to customary closing conditions for a transaction of this type, including applicable regulatory approvals. Through this transaction, Labcorp would acquire assets being auctioned through a voluntary bankruptcy protection process.

User Image DonCorleone77 Posted - 04/24/24

$NVTAQ $LH Invitae enters into agreement with Labcorp for $239M sale of business Invitae (NVTA) announced that Labcorp (LH) has been selected as the winning bidder in the Company's auction in its sale process under Section 363 of the U.S. Bankruptcy Code. Labcorp will acquire substantially all of the Company's assets on a going concern basis for $239 million in cash consideration, plus other non-cash consideration. The hearing to approve the sale is currently scheduled for May 6, 2024. With Court approval, as well as customary regulatory approvals and closing conditions, Labcorp and Invitae anticipate completing the sale process in the third quarter of 2024.

User Image Stock_Titan Posted - 1 month ago

$LH Labcorp Announces First-of-Its-Kind Test for Early Indication of Neurodegenerative Diseases and Brain Injuries Using a Blood Draw https://www.stocktitan.net/news/LH/labcorp-announces-first-of-its-kind-test-for-early-indication-of-9tsy182hil5l.html

User Image DonCorleone77 Posted - 1 month ago

$LH Labcorp receives FDA EUA for Mpox PCR Test Home Collection Kit Labcorp announced today the FDA has granted Emergency Use Authorization, or EUA, for its Mpox PCR Test Home Collection Kit to aid in the diagnosis of infection with non-variola Orthopoxvirus, including the monkeypox virus that causes monkeypox, also known as mpox. The test is the first mpox at-home collection kit authorized by FDA and is available to physicians to order for patients 18 years of age or older who are suspected of mpox infection.

Analyst Ratings
Truist Securities Buy Apr 26, 24
Barclays Equal-Weight Apr 26, 24
Baird Outperform Apr 26, 24
Argus Research Buy Mar 25, 24
Leerink Partners Outperform Feb 26, 24
Evercore ISI Group In-Line Feb 9, 24
Barclays Equal-Weight Jan 3, 24
JP Morgan Overweight Nov 17, 23
Mizuho Buy Oct 31, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Wilkinson Peter J SVP, Chief Accountin.. SVP, Chief Accounting Officer Nov 16 Sell 210.713 1,384 291,627 2,087 11/20/23
ANDERSON KERRII B Director Director Aug 08 Sell 211.5665 5,000 1,057,832 15,275 08/10/23
Kirchgraber Paul R CEO, Covance Drug De.. CEO, Covance Drug Development May 19 Sell 216.91 4,300 932,713 12,946 05/23/23
Kirchgraber Paul R CEO, Covance Drug De.. CEO, Covance Drug Development May 19 Option 182.51 4,300 784,793 17,246 05/23/23
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Mar 30 Sell 225.81 3,897 879,982 6,687 04/03/23
Kirchgraber Paul R CEO, Covance Drug De.. CEO, Covance Drug Development Feb 21 Sell 250.58 8,000 2,004,640 9,069 02/23/23
Kirchgraber Paul R CEO, Covance Drug De.. CEO, Covance Drug Development Feb 21 Option 182.51 3,000 547,530 17,069 02/23/23
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Feb 14 Sell 247.63 309 76,518 6,687 02/16/23
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Feb 07 Sell 243.01 219 53,219 5,341 02/09/23
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Feb 07 Sell 243.01 409 99,391 6,687 02/09/23
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Nov 08 Sell 232.67 1,116 259,660 6,687 11/10/22
EISENBERG GLENN A Chief Financial Offi.. Chief Financial Officer, EVP Sep 26 Sell 210.62 25,000 5,265,500 27,158 09/28/22
EISENBERG GLENN A Chief Financial Offi.. Chief Financial Officer, EVP Aug 03 Sell 254.13 32,100 8,157,573 52,158 08/05/22
EISENBERG GLENN A Chief Financial Offi.. Chief Financial Officer, EVP Aug 03 Option 148.56 32,100 4,768,776 84,258 08/05/22
Wilkinson Peter J SVP, Chief Accountin.. SVP, Chief Accounting Officer Aug 01 Sell 258.54 2,576 665,999 1,887 08/03/22
Wilkinson Peter J SVP, Chief Accountin.. SVP, Chief Accounting Officer Aug 01 Option 146.59 767 112,435 2,654 08/03/22
Caveney Brian J EVP, President of Di.. EVP, President of Diagnostics Jun 07 Buy 242.193 42 10,174 14,172 06/14/22
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Mar 29 Sell 277.11 2,356 652,871 6,605 03/31/22
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Mar 29 Sell 277.11 2,449 678,642 5,287 03/31/22
Williams R Sanders Director Director Mar 25 Sell 272.98 572 156,145 6,431 03/29/22
Summy Amy B. EVP, Chief Marketing.. EVP, Chief Marketing Officer Mar 10 Sell 262.21 249 65,290 250 03/14/22
NEUPERT PETER M Director Director Feb 16 Buy 263.8 3,500 923,300 10,254 02/18/22
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Feb 15 Sell 273.98 207 56,714 6,605 02/17/22
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Feb 15 Sell 273.98 207 56,714 5,287 02/17/22
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Feb 04 Sell 277.38 204 56,586 6,605 02/08/22
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Feb 04 Sell 277.38 218 60,469 5,287 02/08/22
Schroeder Mark S EVP, President-Diagn.. EVP, President-Diagnostics Lab Feb 02 Sell 271.81 161 43,761 6,401 02/04/22
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Feb 02 Sell 271.81 172 46,751 5,287 02/04/22
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Sep 17 Sell 296.78 4,500 1,335,510 5,265 09/17/21
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Sep 17 Option 84.86 4,500 381,870 9,765 09/17/21
van der Vaart Sandra D EVP, Chief Legal Off.. EVP, Chief Legal Officer Feb 17 Sell 236.33 208 49,157 4,426 02/17/21