Laboratory Corporation of America HoldingsLH

LH current price
$227.70+1.78%

Capital at risk.

1W
-0.06%
1M
-5.03%
3M
+3.70%
6M
+11.81%
1Y
+1.78%
MAX
+153.17%
Calendar
event
Ex dividend date
26 Nov 2024
event_available
Last Dividend Payment
13 Dec 2024
About Laboratory Corporation of America Holdings
Ticker
info
LH
Trading on
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NYSE
ISIN
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US5049221055
Industry
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Diagnostics & Research
Sector
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Healthcare
CEO
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Adam H. Schechter
Headquarters
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358 South Main Street, Burlington, NC, United States, 27215
Employees
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67,000
Website
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labcorp.com
Labcorp Holdings Inc. provides laboratory services. It operates through two segments, Diagnostics Laboratories and Biopharma Laboratory Services. The company offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid, PAP, hemoglobin A1C and vitamin D, prostate-specific antigens, sexually transmitted diseases, hepatitis C, microbiology cultures and procedures, and alcohol and other substance-abuse tests. It also provides specialty testing services comprising gene-based and esoteric testing; advanced tests target specific diseases; services related to anatomic pathology/oncology, cardiovascular disease, coagulation, diagnostic genetics, endocrinology, infectious disease, women's health, pharmacogenetics, parentage and donor testing, occupational testing services, medical drug monitoring services, chronic disease programs, and kidney stone prevention tests; and health and wellness services to employers and managed care organizations (MCOs). In addition, the company offers online and mobile applications that enable patients to check test results; online applications for providers, MCOs, and accountable care organizations; specimen collection services; and drug development, medical device, and companion diagnostic development solutions, as well as support for crop protection and chemical testing. It serves pharmaceutical, biotechnology, medical device, and diagnostics companies; and MCOs, employer plans, other health insurance providers, governmental agencies, physicians and other healthcare providers, hospitals and health systems, employers, patients and consumers, contract research organizations, crop protection and chemical companies, academic institutions, independent clinical laboratories, and retailers. The company was founded in 1995 is headquartered in Burlington, North Carolina.
Metrics
BasicAdvanced
Market cap
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$19.2B
P/E ratio
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43.46
EPS
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$5.28
Dividend Yield
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1.26%
Beta
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1.04
Forward P/E ratio
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14.43
EBIDTA
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$1.67B
Ex dividend date
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2024-11-26
Price & volume
Market cap
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$19.2B
Average daily volume
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0.5M
90-day return
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3.70%
30-day return
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-5.03%
7-day return
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-0.06%
Dividends
Dividend per share
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$2.88
Dividend yield
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1.26%
Forward dividend per share
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$2.88
Forward dividend yield
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1.26%
Payout ratio
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19.97%
Valuation
P/E ratio
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43.46
Forward P/E
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14.43
PEG ratio
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0.49
Trailing P/E
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43.46
Price to sales
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1.51
Price to book
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2.35
Earnings
EPS
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$5.28
EPS estimate (current quarter)
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$3.48
EPS estimate (next quarter)
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$3.44
EBITDA
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$1.67B
Revenues (TTM)
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$12.7B
Revenues per share (TTM)
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$151.03
Technicals
Beta
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1.04
52-week High
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$247.25
52-week Low
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$190.80
50-day moving average
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$231.84
200-day moving average
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$217.00
Short ratio
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2.97
Short %
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3.15%
Management effectiveness
ROE (TTM)
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5.43%
ROA (TTM)
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3.96%
Profit margin
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3.43%
Gross profit margin
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$4.39B
Operating margin
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8.29%
Growth
Quarterly earnings growth (YoY)
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5.20%
Quarterly revenue growth (YoY)
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7.40%
Share stats
Outstanding Shares
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83.6M
Float
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83.2M
Insiders %
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0.33%
Institutions %
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94.81%
Analyst Insights & forecasts
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67% Buy

33% Hold

0% Sell

Based on information from 18 analysts.

Average price target

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$262.88
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$3.30
$3.26
1.23%
Q4 • 23Beat
$3.68
$3.48
5.75%
Q1 • 24Beat
$3.94
$3.80
3.68%
Q2 • 24Beat
$3.50
$3.48
0.57%
Q3 • 24Beat
-
-
-
Q4 • 24Current
QuarterlyAnnual
Financial Performance
windowbar_chart_4_bars
Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$3.22B
$205M
6.37%
Q2 • 24
$3.28B
$169M
5.16%
Q3 • 24
1.90%
17.54%
19.07%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$16.7B
$8.69B
52.01%
Q2 • 24
$18.6B
$10.4B
56.02%
Q3 • 24
11.37%
19.97%
7.72%
QoQ growth
QuarterlyAnnual
Operating
info
Investing
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Financing
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Free cash flow
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$561M
$-185M
$-210M
$433M
Q2 • 24
$277M
$-579M
$1.55B
$162M
Q3 • 24
50.58%
213.03%
837.29%
62.69%
QoQ growth
QuarterlyAnnual
Sentiment analysis

-1.5

Extreme greed

+1.5

0.90

Last 30 days

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Laboratory Corporation of America Holdings share?
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Laboratory Corporation of America Holdings shares are currently traded for $227.70 per share.

How many shares does Laboratory Corporation of America Holdings have?
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Laboratory Corporation of America Holdings currently has 83.6M shares.

Does Laboratory Corporation of America Holdings pay dividends?
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Yes, Laboratory Corporation of America Holdings does pay dividends.

What is Laboratory Corporation of America Holdings 52 week high?
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Laboratory Corporation of America Holdings 52 week high is $247.25.

What is Laboratory Corporation of America Holdings 52 week low?
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Laboratory Corporation of America Holdings 52 week low is $190.80.

What is the 200-day moving average of Laboratory Corporation of America Holdings?
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Laboratory Corporation of America Holdings 200-day moving average is $217.00.

Who is Laboratory Corporation of America Holdings CEO?
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The CEO of Laboratory Corporation of America Holdings is Adam H. Schechter.

How many employees Laboratory Corporation of America Holdings has?
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Laboratory Corporation of America Holdings has 67,000 employees.

What is the market cap of Laboratory Corporation of America Holdings?
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The market cap of Laboratory Corporation of America Holdings is $19.2B.

What is the P/E of Laboratory Corporation of America Holdings?
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The current P/E of Laboratory Corporation of America Holdings is 43.46.

What is the EPS of Laboratory Corporation of America Holdings?
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The EPS of Laboratory Corporation of America Holdings is $5.28.

What is the PEG Ratio of Laboratory Corporation of America Holdings?
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The PEG Ration of Laboratory Corporation of America Holdings is 0.49.

What do analysts say about Laboratory Corporation of America Holdings?
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According to the analysts Laboratory Corporation of America Holdings is considered a buy.