27.07.2017 12:40:00

Today's Research Report Coverage on Medical Labs Stocks -- VWR Corp., Quest Diagnostics, Laboratory Corp. of America, and PerkinElmer

NEW YORK, July 27, 2017 /PRNewswire/ --

If you want a Stock Review on VWR, DGX, LH, or PKI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. As access to health care expands around the world, the need for diagnostic and research laboratory services will also increase. Growth in the industry is impacted by aging populations and rising demand for preventive care and personalized medical treatments, according to a First Research report. Today, DailyStockTracker.com highlights select companies in the Medical Laboratories and Research space to see how they have fared over the past few trading sessions: VWR Corp. (NASDAQ: VWR), Quest Diagnostics Inc. (NYSE: DGX), Laboratory Corp. of America Holdings (NYSE: LH), and PerkinElmer Inc. (NYSE: PKI). Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:

http://dailystocktracker.com/register/


VWR Corp.
 

On Wednesday, shares in Radnor, Pennsylvania-based VWR Corp. recorded a trading volume of 2.06 million shares, which was above their three months average volume of 1.35 million shares. The stock ended the session 0.15% lower at $32.95. The Company's shares have gained 0.09% in the last one month, 16.72% over the previous three months, and 31.64% on an YTD basis. The stock is trading 15.30% above its 200-day moving average. Moreover, shares of VWR, which together with its subsidiaries, operates as an independent provider of laboratory products, services, and solutions to the life science, general research, and applied markets, have a Relative Strength Index (RSI) of 47.02. The free research report on VWR is available at:

http://dailystocktracker.com/registration/?symbol=VWR


Quest Diagnostics 

Madison, New Jersey headquartered Quest Diagnostics Inc.'s stock closed the day 0.04% higher at $108.22. A total volume of 1.47 million shares was traded, which was above their three months average volume of 861,510 shares. The Company's shares have advanced 2.33% in the previous three months and 17.76% since the start of this year. The stock is trading 11.48% above its 200-day moving average. Additionally, shares of Quest Diagnostics, which provides diagnostic testing information and services in the US and internationally, have an RSI of 42.66.

On July 25th, 2017, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On July 25th, 2017, Quest Diagnostics announced financial results for Q2 ended June 30th, 2017. Revenues for Q2 2017 were $1.94 billion; diluted EPS was $1.37; and diluted EPS on an adjusted basis, excluding amortization, was $1.55. The Company also raised its outlook for full-year 2017. Revenues, diluted EPS, and cash provided by operations are expected to be between $7.69 billion and $7.74 billion; between $4.90 and $5.00; and approximately $1.2 billion, respectively. The complimentary report on DGX can be downloaded at:

http://dailystocktracker.com/registration/?symbol=DGX


Laboratory Corp. of America 

Shares in Burlington, North Carolina headquartered Laboratory Corp. of America Holdings ("LabCorp") recorded a trading volume of 1.50 million shares, which was above their three months average volume of 688,940 shares. The stock ended yesterday's trading session 2.70% higher at $161.17. The Company's shares have advanced 5.82% in the past month, 16.21% in the previous three months, and 25.54% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.14% and 16.86%, respectively. Furthermore, shares of LabCorp, which operates as an independent clinical laboratory company worldwide, have an RSI of 76.31.  

On June 27th, 2017, research firm KeyBanc Capital Markets downgraded the Company's stock rating from 'Overweight' to 'Sector Weight'.

On July 11th, 2017, LabCorp and Novant Health have agreed to a multi-year extension of their Technical Services Agreement, which was first implemented in 2012. Under the agreement, LabCorp Diagnostics provides the latter with laboratory management services for all Novant Health acute care facilities. Visit us today and download our complete research report on LH for free at:

http://dailystocktracker.com/registration/?symbol=LH


PerkinElmer 

Waltham, Massachusetts headquartered PerkinElmer Inc.'s stock finished Wednesday's session 3.14% lower at $66.09. A total volume of 1.52 million shares was traded, which was above their three months average volume of 591,830 shares. The Company's shares have advanced 10.19% over the previous three months and 26.73% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.10% and 15.30%, respectively. Additionally, shares of PerkinElmer, which provides products, services, and solutions to the diagnostics, research, environmental, industrial, food, and laboratory services markets worldwide, have an RSI of 37.76.

On July 13th, 2017, research firm Wells Fargo initiated a 'Market Perform' rating on the Company's stock.

On July 24th, 2017, PerkinElmer's Board of Directors declared a regular quarterly dividend of $0.07 per share of common stock. This dividend is payable on November 10th, 2017, to all shareholders of record at the close of business on October 20th, 2017. Get free access to your technical report on PKI at:

http://dailystocktracker.com/registration/?symbol=PKI

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