Laboratory Corporation of America Holdings (LH): Price and Financial Metrics


Laboratory Corporation of America Holdings (LH)

Today's Latest Price: $198.84 USD

2.62 (-1.30%)

Updated Dec 2 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 58 in Medical - Diagnostics/Research

See all "A" rated Strong Buy stocks

LH Stock Summary

  • Laboratory Corp Of America Holdings's market capitalization of $19,622,204,000 is ahead of 89.89% of US-listed equities.
  • With a one year PEG ratio of 126.07, Laboratory Corp Of America Holdings is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 78.13% of US stocks.
  • LH's went public 30.7 years ago, making it older than 84.32% of listed US stocks we're tracking.
  • Stocks that are quantitatively similar to LH, based on their financial statements, market capitalization, and price volatility, are NDAQ, FOXA, BKI, TRU, and VIAC.
  • LH's SEC filings can be seen here. And to visit Laboratory Corp Of America Holdings's official web site, go to www.labcorp.com.

LH Stock Price Chart Interactive Chart >

Price chart for LH

LH Price/Volume Stats

Current price $198.84 52-week high $218.77
Prev. close $201.46 52-week low $98.02
Day low $198.03 Volume 410,758
Day high $202.64 Avg. volume 880,996
50-day MA $198.18 Dividend yield N/A
200-day MA $176.11 Market Cap 19.37B

Laboratory Corporation of America Holdings (LH) Company Bio


Laboratory Corporation of America Holdings operates as an independent clinical laboratory company worldwide. The company offers a range of clinical laboratory tests and procedures, such as blood chemistry analysis, urinalysis, blood cell counts, thyroid tests, Pap tests, hemoglobin A1C, PSA, STD tests, HCV tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests that are used by the medical profession in core testing, patient diagnosis, and in the monitoring and treatment of diseases. The company was founded in 1971 and is based in Burlington, North Carolina.

LH Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$198.84$363.92 80%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Laboratory Corp Of America Holdings. To summarize, we found that Laboratory Corp Of America Holdings ranked in the 60th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 80.5%. The most interesting components of our discounted cash flow analysis for Laboratory Corp Of America Holdings ended up being:

  • Laboratory Corp Of America Holdings's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 12.53% of tickers in our DCF set.
  • LH's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than merely 12.53% of tickers in our DCF set.
  • As a business, Laboratory Corp Of America Holdings experienced a tax rate of about 22% over the past twelve months; relative to its sector (Healthcare), this tax rate is higher than 84.83% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%76%
1%78%
2%80%
3%81%
4%83%
5%85%

ANIP, UTHR, HCSG, DGX, and PBH can be thought of as valuation peers to LH, in the sense that they are in the Healthcare sector and have a similar price forecast based on DCF valuation.


LH Latest News Stream


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Latest LH News From Around the Web

Below are the latest news stories about Laboratory Corp Of America Holdings that investors may wish to consider to help them evaluate LH as an investment opportunity.

FDA OKs emergency use of LabCorp RNA extraction method for coronavirus testing

The FDA has signed off on emergency use of LabCorp's (LH) high-throughput method using heat and technology to extract RNA from swab samples for SARS-CoV-2 molecular testing. The company says the heat extraction process, which eliminates the need for RNA extraction reagents, improves the speed and efficiency of real-time polymerase...

Seeking Alpha | October 2, 2020

NY launches school Covid-19 'report card'

NY Governor Cuomo, in a briefing in NYC, announces that as part of the efforts related to school reopenings, NY will now require the publication of a daily "report card" for every school to give parents and teachers "confidence" about where their school stands in terms of potential outbreaks.The site...

Seeking Alpha | September 8, 2020

Exact Sciences' (EXAS) Q2 Earnings Beat, Margin Declines

Exact Sciences' (EXAS) legacy screening business sees a decline in revenues in Q2 earnings.

Yahoo | July 31, 2020

LabCorp to offer antibody testing at no charge to support blood plasma donations as possible COVID-19 treatment

Laboratory Corp. of America Holdings undefined said Thursday it is planning to create a program offering total antibody testing at no charge as a way to…

MarketWatch | July 30, 2020

LabCorp Working With Public Health Authorities on No-Charge Antibody Test Program to Accelerate COVID-19 Blood Plasma Donation

LabCorp (NYSE: LH), a leading global life sciences company that is deeply integrated in guiding patient care, today announced plans to create a program to offer total antibody testing at no charge through the patient’s doctor in support of increased blood plasma donations for use as a possible COVID-19 treatment.

Yahoo | July 30, 2020

Read More 'LH' Stories Here

LH Price Returns

1-mo -4.05%
3-mo 13.80%
6-mo 10.63%
1-year 16.77%
3-year 27.06%
5-year 59.40%
YTD 17.54%
2019 33.88%
2018 -20.78%
2017 24.25%
2016 3.83%
2015 14.59%

Continue Researching LH

Here are a few links from around the web to help you further your research on Laboratory Corp Of America Holdings's stock as an investment opportunity:

Laboratory Corp Of America Holdings (LH) Stock Price | Nasdaq
Laboratory Corp Of America Holdings (LH) Stock Quote, History and News - Yahoo Finance
Laboratory Corp Of America Holdings (LH) Stock Price and Basic Information | MarketWatch


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