Laboratory Corporation of America Holdings (LH)

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Laboratory Corporation of America Holdings (LH) is up 23.9% since the beginning of the year. At $309 per share, LH is trading just below its 52-week high of $316. Investors who bought $1,000 worth of LH shares 5 years ago would now be looking at an investment worth $1,279.

Laboratory Corporation of America Holdings (LH) has returned 23.89% so far this year and 19.49% over the past 12 months. Over the last ten years, LH has returned 10.51% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.

Based on dividend-adjusted daily data since Mar 29, 1990, LH's average daily return is +0.06%, while the average monthly return is +1.08%. At this rate, an investment would double in approximately 5.4 years.

Historically, 57% of months were positive and 43% were negative. The best month was Sep 1998 with a return of +44.4%, while the worst month was Aug 1998 at -47.1%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, LH closed higher 48% of trading days. The best single day was Sep 1, 1998 with a return of +27.8%, while the worst single day was Aug 2, 1996 at -35.1%.

Laboratory Corporation of America Holdings has an annualized alpha of 7.79%, beta of 0.71, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since March 29, 1990.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (55.76%) than losses (53.19%) - typical of diversified or defensive assets.
• R2 of 0.11 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

LH ranks 69 for risk / return — above 69% of stocks peers on PortfoliosLab. Its historical combined result is above most peers.

Laboratory Corporation of America Holdings provided a 0.93% dividend yield over the last twelve months, with an annual payout of $2.88 per share. The company has been increasing its dividends for 3 consecutive years.

The table displays the monthly dividend distributions for Laboratory Corporation of America Holdings. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Laboratory Corporation of America Holdings. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Laboratory Corporation of America Holdings was 96.15%, occurring on Aug 31, 1998. Recovery took 2089 trading sessions.

The current Laboratory Corporation of America Holdings drawdown is 2.01%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Laboratory Corporation of America Holdings over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Laboratory Corporation of America Holdings is priced in the market compared to other companies in the Diagnostics & Research industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.