Company Overview
Labcorp Holdings, Inc. provides laboratory services to help doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. The company was founded on April 16, 2024 and is headquartered in Burlington, NC.
Company Information
- CEO
- Adam H. Schechter
- Sector
- Healthcare
- Industry
- Medical - Equipment & Services
- Employees
- 60900
Contact Information
- Website
- https://www.labcorp.com
- Address
- 358 South Main Street
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Healthcare leader with 23.12B market capitalization
- Trading Volume: 387.41K shares traded today
- Price Range: 52-week range of $209.38 - $283.47
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Labcorp Holdings Inc.
Labcorp Holdings Inc. (LH) operates in the Medical - Equipment & Services industry within the Healthcare sector. With a current market capitalization of 23.12B, the company represents a significant player in its market. The stock is currently trading at $278.18 with a positivedaily change of 0.59%.
The company's 60900 employee base and presence on the New York Stock Exchangeexchange position it as a Healthcare sector leader. Investors should consider the stock's P/E ratio of 30.67, beta of 0.76, and 52-week price range from $209.38 to $283.47when evaluating investment opportunities.
Why Invest in Labcorp Holdings Inc.?
Strengths
- • Established market presence in Healthcare
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Adam H. Schechter
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Healthcare Sector
The Healthcare sector includes companies that provide medical services, develop pharmaceuticals, manufacture medical devices, and offer health insurance.