Labcorp Holdings Inc. (LH) Stock Price & Analysis
Labcorp Holdings Inc. (LH) closed at USD 329.93 on Thursday, October 22, 2026, up 1.91% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 323.75; the Oct 22, 2026 session ranged USD 316.22–331.71 on volume of 961,890 shares. Market capitalization is $26.76B, with a 52-week range of USD 244.52–341.8 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LH.md
Key facts (LH)
- Last four reported quarters (through Jun 30, 2026): revenue $14.3B, net income $1.00B (7.0% margin), free cash flow $1.16B (SEC filings).
- Valuation: P/E 26.7x (avg 32.5x at the last 3 fiscal year-ends), EV/EBITDA 14.8x, net debt $5.72B.
- 3 of 80 tracked superinvestors hold LH (13F, Q2 2026): 0 new, 0 added, 2 reduced, 1 unchanged.
- Insider open-market sales, last ~7 months: 8 Form 4 filings, $5.0M; 2 not under a Rule 10b5-1 plan ($723K); 2 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.28 on a 1–5 scale) (18 analysts), mean target USD 345.13 (range 293–385).
- Total return with dividends: 1Y +17.4% vs S&P 500 +14.9%; 5Y +43.5% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 4.64, revenue estimate $3.76B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LH)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $13.1B | $11.9B | $12.2B | $13.0B | $14.0B | $14.3B |
| Gross profit | $4.99B | $3.71B | $3.36B | $3.62B | $4.01B | — |
| Operating income | $3.05B | $1.44B | $726M | $1.09B | $1.38B | $1.50B |
| Net income | $2.38B | $1.28B | $418M | $746M | $877M | $1.00B |
| EPS (diluted) | $24.39 | $13.97 | $4.77 | $8.84 | $10.46 | — |
| Free cash flow | $2.69B | $1.53B | $874M | $1.10B | $1.21B | $1.16B |
| Gross margin | 38.0% | 31.3% | 27.7% | 27.9% | 28.8% | — |
| Operating margin | 23.2% | 12.1% | 6.0% | 8.4% | 9.9% | 10.4% |
| Net margin | 18.1% | 10.8% | 3.4% | 5.7% | 6.3% | 7.0% |
| Revenue growth | -6.0% | -9.7% | +2.5% | +7.0% | +7.2% | — |
| Cash + short-term investments | $1.47B | $321M | $537M | $1.52B | $532M | — |
| Total debt | $5.42B | $5.34B | $5.05B | $6.33B | $5.58B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LH)
P/E 26.7x · P/S 1.9x · EV/EBITDA 14.8x · EV/Sales 2.3x · P/FCF 23.2x · P/B 3.1x · FCF yield 4.32% · Earnings yield 3.75% · Dividend yield (paid, TTM) 0.89% · Buyback yield (TTM) 2.62% · Net debt $5.72B · EV $32.5B
P/E at fiscal year-ends: Dec 2025 24.0x, Dec 2024 25.9x, Dec 2023 47.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (LH)
3 of 80 tracked investors hold LH. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Wallace Weitz | Weitz Investment Management | 1.92% | $27.7M | Unchanged |
| John Rogers | Ariel Investments | 0.97% | $97.8M | Reduced -1.4% |
| Jensen Investment Management | 0.11% | $4.5M | Reduced -13.2% |
Insider sales (SEC Form 4, open-market, last ~7 months) (LH)
6 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-17 | Anderson Kerrii B | Director | 3,000 | $954K | 30.5% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-11 | Schechter Adam H | President & CEO | 4,669 | $1.5M | 4.4% | Yes | Too little history (no open-market trades in 2023) |
| 2026-08-04 | Summy Amy B. | EVP, Chief Marketing Officer | 924 | $283K | 11.7% | No | Too little history (no open-market trades in 2023) |
| 2026-08-03 | Wilkinson Peter J | SVP, Chief Accounting Officer | 1,420 | $439K | 44.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-07-02 | Kyle Kathryn W | EVP, Chief Legal Officer | 92 | $26K | 2.3% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-07-02 | Vaughn Bryan T | EVP and President, Diagnostics | 234 | $67K | 3.4% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-06-08 | Kyle Kathryn W | EVP, Chief Legal Officer | 762 | $201K | 16.7% | Yes | Too little history (no open-market trades in 2023–2025) |
| 2026-05-11 | Schechter Adam H | President & CEO | 5,903 | $1.5M | 5.2% | Yes | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (LH)
Consensus Buy (mean 2.28 on a 1–5 scale), 18 analysts; mean target USD 345.13 (low 293, high 385).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-09-21 | Truist Securities | Target raised | Buy | $350 → $365 |
| 2026-09-11 | UBS | Target raised | Buy | $361 → $380 |
| 2026-09-11 | Barclays | Target raised | Equal-Weight | $320 → $330 |
| 2026-08-04 | Piper Sandler | Target raised | Neutral | $300 → $309 |
| 2026-08-03 | JP Morgan | Target raised | Overweight | $330 → $360 |
| 2026-07-31 | Morgan Stanley | Target raised | Overweight | $308 → $338 |
| 2026-07-31 | Truist Securities | Target raised | Buy | $320 → $350 |
| 2026-07-31 | Barclays | Target raised | Equal-Weight | $290 → $320 |
| 2026-07-13 | B of A Securities | Target raised | Buy | $300 → $320 |
| 2026-07-13 | Baird | Target raised | Outperform | $335 → $338 |
Total return (dividends reinvested) (LH)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +17.4% | +43.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +17.4% | +7.5% |
| Volatility (annualized) | 24.1% | 24.1% |
| Max drawdown | -13.4% (Feb 2026→May 2026) | -34.5% (Dec 2021→Sep 2022) |
LH revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Diagnostics | $2.90B | 77.7% | +5.5% |
| Biopharma Laboratory Services | $836.2M | 22.4% | +6.5% |
| Total revenue | $3.73B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
LH analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $4.64 | $4.61 | +0.8% | $3.76B | 14 |
| Next quarter (ends Dec 2026) | $4.47 | $4.40 | +1.5% | $3.72B | 14 |
| Current fiscal year (ends Dec 2026) | $18.35 | $18.01 | +1.9% | $14.75B | 18 |
| Next fiscal year (ends Dec 2027) | $19.78 | $19.41 | +1.9% | $15.47B | 18 |
LH options: expected move
Options price a move of about ±6.9% (±$22.90) by Nov 20, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±3.6% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 30.9% | ±6.9% |
| Dec 18, 2026 | 56 | 27.1% | ±8.5% |
| Jan 15, 2027 | 84 | 24.9% | ±9.6% |
| Feb 19, 2027 | 119 | 25.5% | ±11.7% |
| Mar 19, 2027 | 147 | 25.0% | ±12.7% |
| May 21, 2027 | 210 | 25.1% | ±15.3% |
30-day implied volatility 29.7% vs 21.2% realized over the last 30 trading days. Put/call ratio (volume) 8. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:38 UTC)
| Price | USD 329.93 |
|---|---|
| Change | ▲ 1.91% (up) |
| Previous Close | USD 323.75 |
| Open | USD 320.2 |
| Day Range | USD 316.22 – 331.71 |
| 52-Week Range | USD 244.52 – 341.8 |
| Volume | 961,890 shares |
| Market Cap | $26.76B |
| Exchange | NYQ |
Technical Analysis (LH)
Nexqual's technical model rates LH "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 61.47 (neutral) |
| vs SMA50 | Above (USD 320.62) |
| MACD | 2.34 (positive) |
Analyst Ratings (LH)
Wall Street analysts rate LH "Buy" based on 18 analysts, with a mean price target of USD 345.13 (range USD 293–385), per Nexqual as of October 23, 2026 at 10:38 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 18 |
| Mean Target | USD 345.13 |
| High Target | USD 385 |
| Low Target | USD 293 |
| Buy / Hold / Sell | 13 / 4 / 1 |
Earnings (LH)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 4.64 |
| Revenue Estimate | $3.76B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 4.99 vs est 4.77 ▲ beat |
| 2026-03-31 | USD 4.25 vs est 4.12 ▲ beat |
| 2025-12-31 | USD 4.07 vs est 3.94 ▲ beat |
| 2025-09-30 | USD 4.18 vs est 4.14 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financials & Fundamentals (LH)
| Total Revenue | $14.35B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +5.80% |
| Gross Margin | +28.88% |
| Operating Margin | +12.24% |
| Profit Margin | +6.99% |
| ROE | +11.73% |
| Debt / Equity | 0.79 |
| Current Ratio | 1.8 |
| Total Cash | $141.80M |
| Total Debt | $6.82B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.16B (8.1% of revenue) |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Financial Health Score (LH)
Nexqual rates Labcorp Holdings Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:38 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 29%, operating 12% (last 12 months) |
| Balance Sheet | Mixed — $142M cash and investments vs $5.86B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $1.16B (last 4 quarters to Jun 2026, SEC), 8% margin |
| Efficiency | Mixed — ROE 12%, ROA 5.5% |
Ownership (LH)
| Insider Ownership | +0.35% |
|---|---|
| Institutional Ownership | +101.39% |
| Shares Outstanding | 81.10M |
| Float | 80.72M |
| Short % of Float | +3.32% |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
Leadership (LH)
Labcorp Holdings Inc. is led by Adam H. Schechter, President, CEO & Chairman, per Nexqual as of October 23, 2026 at 10:38 UTC.
| President, CEO & Chairman | Adam H. Schechter |
|---|---|
| Exec VP, President of Biopharma Laboratory Services & Chief Medical and Scientific Officer | Brian J. Caveney J.D., M.D., M.P.H. |
| Senior Vice President of Investor Relations | Dewey Steadman C.F.A. |
| Enterprise Chief Scientific Officer & Senior VP | Marcia T. Eisenberg |
Major Backers & Investors (LH)
Notable institutional backers of Labcorp Holdings Inc. include Victory Capital Management Inc., Boston Partners, Allspring Global Investments Holdings, LLC, according to Nexqual as of October 23, 2026 at 10:38 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Victory Capital Management Inc. | 5.96% |
| Boston Partners | 3.76% |
| Allspring Global Investments Holdings, LLC | 2.76% |
| Select Equity Group LP | 2.44% |
| FMR, LLC | 2.35% |
| ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund | 1.8% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 11.15% |
| BlackRock | 8.11% |
| State Street | 4.82% |
| Geode Capital | 2.7% |
Source: Nexqual, October 23, 2026 at 10:38 UTC.
From Labcorp Holdings Inc.'s Latest SEC 10-K Filing (filed 2026-02-24)
Key Strengths & Strategy (as disclosed to the SEC)
- The BLS business operates through the following core capabilities: Based on Company estimates, in 2025, the global pharmaceutical industry spent more than $200 billion on R&D.
- The Company relies on a combination of patents, trademarks, copyrights, trade secrets, and confidentiality and non‑competition agreements to establish and protect its proprietary technology.
- Dx provides broad patient access through strategically located service sites across the U.S., including more than 2,200 PSCs and more than 7,000 in-office phlebotomists located in customer offices and facilities.
Partnerships
- At the end of 2025, the Company had outstanding authorization from its Board to purchase up to $830.4 million maximum value of Common Stock.
Legal & Regulatory Risks (Item 1A, quoted)
- The Company could face significant monetary damages and penalties and/or exclusion from government programs if it violates anti-fraud and abuse laws.
- The Company's business could be harmed from the loss or suspension of a license or imposition of a fine or penalties under, or future changes in, or interpretations of, the law or regulations of CLIA, Medicare, Medicaid or other national, state, or local agencies in the U.S. and other countries where the Company operates laboratories.
- Compliance with these complex and evolving regulations may require changes to the Company's business practices and result in increased operational costs.
- The Company's international operations could subject it to additional risks and expenses that could adversely impact the business or results of operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| DGX | Quest Diagnostics Incorporated | USD 243.28 | ▲ 1.82% |
| GH | Guardant Health, Inc. | USD 162.94 | ▼ 2.23% |
| MTD | Mettler-Toledo International, I | USD 1,684.64 | ▲ 0.4% |
| MEDP | Medpace Holdings, Inc. | USD 653.96 | ▼ 1.29% |
| ILMN | Illumina, Inc. | USD 269.4 | ▼ 4.76% |
| RVTY | Revvity, Inc. | USD 157.36 | ▲ 0.48% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt