Laboratory Corporation of America Holdings LH appears to be showing promising signs within the financial market with several banks and financial firms increasing their positions in the stock. Reports indicate high net margin and bullish earnings turnaround, plus recent dividends at $0.72 further highlighting the company's robust financial position. Despite growth outlook being trimmed for the research unit, strong Q3 results and the launch of a breakthrough Alzheimer's test are noteworthy. However, a drop in the company's stock price and the selling of shares by the CEO, indicate a mixed sentiment. On the innovation front, LH remains focused with the new AI tool to simplify lab test searches and a nationwide launch of an FDA-cleared Alzheimer's Diagnostic Blood Test. The company also completed the acquisition of parts of BioReference Health's Oncology and related Clinical Testing Services Businesses, showcasing growth and expansion endeavours.
Laboratory Corporation of America Holdings LH News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 15 Nov 2025 12:38:06 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor -2