Laboratory Co. of America Holdings (NYSE:LH – Free Report) – William Blair increased their Q2 2025 earnings per share estimates for Laboratory Co. of America in a research note issued to investors on Monday, February 10th. William Blair analyst A. Brackmann now anticipates that the medical research company will post earnings per share of $4.00 for the quarter, up from their prior forecast of $3.92. The consensus estimate for Laboratory Co. of America’s current full-year earnings is $15.96 per share.
Laboratory Co. of America (NYSE:LH – Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The medical research company reported $3.45 earnings per share for the quarter, beating analysts’ consensus estimates of $3.40 by $0.05. Laboratory Co. of America had a net margin of 5.73% and a return on equity of 15.29%.
View Our Latest Stock Analysis on Laboratory Co. of America
Laboratory Co. of America Price Performance
Shares of LH opened at $241.05 on Thursday. The company has a 50 day moving average of $236.92 and a two-hundred day moving average of $230.55. The company has a quick ratio of 1.30, a current ratio of 1.44 and a debt-to-equity ratio of 0.67. Laboratory Co. of America has a twelve month low of $191.97 and a twelve month high of $258.59. The company has a market cap of $20.16 billion, a price-to-earnings ratio of 27.33, a price-to-earnings-growth ratio of 1.84 and a beta of 1.07.
Institutional Investors Weigh In On Laboratory Co. of America
A number of institutional investors have recently modified their holdings of LH. AMF Tjanstepension AB increased its position in shares of Laboratory Co. of America by 37.0% in the third quarter. AMF Tjanstepension AB now owns 86,026 shares of the medical research company’s stock valued at $19,232,000 after buying an additional 23,221 shares in the last quarter. CWM LLC grew its stake in Laboratory Co. of America by 41.0% in the 3rd quarter. CWM LLC now owns 7,107 shares of the medical research company’s stock valued at $1,588,000 after acquiring an additional 2,068 shares during the period. Exchange Traded Concepts LLC grew its stake in Laboratory Co. of America by 1,962.5% in the 3rd quarter. Exchange Traded Concepts LLC now owns 990 shares of the medical research company’s stock valued at $221,000 after acquiring an additional 942 shares during the period. Swedbank AB increased its holdings in Laboratory Co. of America by 12.0% in the 3rd quarter. Swedbank AB now owns 56,884 shares of the medical research company’s stock worth $12,712,000 after acquiring an additional 6,089 shares in the last quarter. Finally, Indiana Trust & Investment Management Co acquired a new position in Laboratory Co. of America during the third quarter worth $136,000. 95.94% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In related news, EVP Der Vaart Sandra D. Van sold 1,000 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $239.42, for a total transaction of $239,420.00. Following the sale, the executive vice president now owns 2,670 shares in the company, valued at approximately $639,251.40. This trade represents a 27.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Amy B. Summy sold 3,672 shares of Laboratory Co. of America stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $238.91, for a total transaction of $877,277.52. Following the completion of the transaction, the chief marketing officer now directly owns 4,318 shares of the company’s stock, valued at $1,031,613.38. The trade was a 45.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,383 shares of company stock valued at $4,408,373 in the last quarter. 0.85% of the stock is currently owned by company insiders.
Laboratory Co. of America Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Thursday, February 27th will be paid a dividend of $0.72 per share. The ex-dividend date is Thursday, February 27th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.19%. Laboratory Co. of America’s payout ratio is currently 32.65%.
Laboratory Co. of America Company Profile
Labcorp Holdings, Inc engages in providing medical testing services. The company was founded on April 16, 2024 and is headquartered in Burlington, NC.
Featured Stories
- Five stocks we like better than Laboratory Co. of America
- What is the Euro STOXX 50 Index?
- Honeywell’s Breakup: Is HON Stock a Sweet Deal for Investors?
- How to Calculate Stock Profit
- PayPal: Time to Strike With Shares Down Double Digits?
- How to Start Investing in Real Estate
- Lattice Semiconductor’s Market Reset Is Over: The Rebound Begins
Receive News & Ratings for Laboratory Co. of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laboratory Co. of America and related companies with MarketBeat.com's FREE daily email newsletter.