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See what the IHS Markit Score report has to say about Laboratory Corporation of America Holdings.

IHS Markit

Laboratory Corporation of America Holdings

NYSE:LH

Score: Positive (77)

2 days at current score.

Upgraded from Neutral on October 19th 2017

View full report here!

Summary


  • Perception of the company's creditworthiness is neutral
  • Bearish sentiment is low


Bearish sentiment

Short interest | Positive

Short interest is extremely low for LH with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting LH.

Money flow

ETF/Index ownership | Neutral

ETF activity is neutral. ETFs that hold LH had net inflows of $7.00 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing.

Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.

Credit worthiness

Credit default swap | Neutral

The current level displays a neutral indicator. LH credit default swap spreads are within the middle of their range for the last three years.

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