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Laboratory Corporation of America Holdings NYSE:LH Stock Report

Last Price

US$199.97

Market Cap

US$17.0b

7D

-3.5%

1Y

-13.5%

Updated

17 Apr, 2024

Data

Company Financials +

Laboratory Corporation of America Holdings

NYSE:LH Stock Report

Market Cap: US$17.0b

LH Stock Overview

Laboratory Corporation of America Holdings operates as a life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions.

LH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends2/6

Laboratory Corporation of America Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Laboratory Corporation of America Holdings
Historical stock prices
Current Share PriceUS$199.97
52 Week HighUS$243.30
52 Week LowUS$195.01
Beta0.99
1 Month Change-4.57%
3 Month Change-12.03%
1 Year Change-13.54%
3 Year Change-23.49%
5 Year Change29.88%
Change since IPO720.39%

Recent News & Updates

Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72

Apr 15
Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72

Laboratory Corporation of America Holdings' (NYSE:LH) P/E Is On The Mark

Apr 06
Laboratory Corporation of America Holdings' (NYSE:LH) P/E Is On The Mark

Recent updates

Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72

Apr 15
Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72

Laboratory Corporation of America Holdings' (NYSE:LH) P/E Is On The Mark

Apr 06
Laboratory Corporation of America Holdings' (NYSE:LH) P/E Is On The Mark

Laboratory Corporation: A Healthier Diagnosis, As Pandemic Headwinds Disappear

Apr 01

Laboratory Corporation of America Holdings (NYSE:LH) Will Pay A Dividend Of $0.72

Feb 25
Laboratory Corporation of America Holdings (NYSE:LH) Will Pay A Dividend Of $0.72

We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster Earnings

Feb 22
We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster Earnings

An Intrinsic Calculation For Laboratory Corporation of America Holdings (NYSE:LH) Suggests It's 48% Undervalued

Feb 21
An Intrinsic Calculation For Laboratory Corporation of America Holdings (NYSE:LH) Suggests It's 48% Undervalued

Laboratory Corporation of America Holdings (NYSE:LH) Has Affirmed Its Dividend Of $0.72

Jan 31
Laboratory Corporation of America Holdings (NYSE:LH) Has Affirmed Its Dividend Of $0.72

Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Jan 30
Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Laboratory Corporation of America Holdings' (NYSE:LH) Dividend Will Be $0.72

Jan 15
Laboratory Corporation of America Holdings' (NYSE:LH) Dividend Will Be $0.72

Some Shareholders Feeling Restless Over Laboratory Corporation of America Holdings' (NYSE:LH) P/E Ratio

Jan 05
Some Shareholders Feeling Restless Over Laboratory Corporation of America Holdings' (NYSE:LH) P/E Ratio

Laboratory Corporation: Multiple Updates, Same Investment Conclusion

Dec 02

Laboratory Corp.: Rate On Capital Deployed Contracting, Hold

Sep 14

Laboratory Corporation: Trying To Create Value By Spinning Out Fortrea

Jul 05

Newsflash: Laboratory Corporation of America Holdings (NYSE:LH) Analysts Have Been Trimming Their Revenue Forecasts

Jul 04
Newsflash: Laboratory Corporation of America Holdings (NYSE:LH) Analysts Have Been Trimming Their Revenue Forecasts

Are Investors Undervaluing Laboratory Corporation of America Holdings (NYSE:LH) By 43%?

Jun 23
Are Investors Undervaluing Laboratory Corporation of America Holdings (NYSE:LH) By 43%?

Laboratory Corporation: Predictability Of Cash Flows Less Visible

Jun 21

Is It Too Late To Consider Buying Laboratory Corporation of America Holdings (NYSE:LH)?

May 26
Is It Too Late To Consider Buying Laboratory Corporation of America Holdings (NYSE:LH)?

Laboratory Corporation of America Holdings' (NYSE:LH) Returns On Capital Are Heading Higher

Mar 16
Laboratory Corporation of America Holdings' (NYSE:LH) Returns On Capital Are Heading Higher

Laboratory Corporation of America Holdings (NYSE:LH) Shares Could Be 32% Below Their Intrinsic Value Estimate

Mar 02
Laboratory Corporation of America Holdings (NYSE:LH) Shares Could Be 32% Below Their Intrinsic Value Estimate

Laboratory Corporation of America Non-GAAP EPS of $4.14 in-line, revenue of $3.7B misses by $40M, introduces FY23 outlook

Feb 16

At US$254, Is It Time To Put Laboratory Corporation of America Holdings (NYSE:LH) On Your Watch List?

Jan 30
At US$254, Is It Time To Put Laboratory Corporation of America Holdings (NYSE:LH) On Your Watch List?

Laboratory Corporation: Plenty Of Growth Runway

Jan 19

Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Jan 16
Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Laboratory Corporation of America declares $0.72 dividend

Jan 12

Returns At Laboratory Corporation of America Holdings (NYSE:LH) Are On The Way Up

Dec 07
Returns At Laboratory Corporation of America Holdings (NYSE:LH) Are On The Way Up

Is There An Opportunity With Laboratory Corporation of America Holdings' (NYSE:LH) 25% Undervaluation?

Nov 24
Is There An Opportunity With Laboratory Corporation of America Holdings' (NYSE:LH) 25% Undervaluation?

Laboratory Corporation: Buy Rating Holds Following Solid Mid-Level Growth

Nov 08

Laboratory Corporation of America Q3 2022 Earnings Preview

Oct 26

We Think Laboratory Corporation of America Holdings (NYSE:LH) Can Stay On Top Of Its Debt

Oct 14
We Think Laboratory Corporation of America Holdings (NYSE:LH) Can Stay On Top Of Its Debt

Laboratory Corporation of America declares $0.72 dividend

Oct 12

Is Laboratory Corporation of America Holdings (NYSE:LH) Potentially Undervalued?

Sep 28
Is Laboratory Corporation of America Holdings (NYSE:LH) Potentially Undervalued?

LabCorp to pay $273M to company for infringing prenatal test patents - Bloomberg

Sep 23

LabCorp: Drug Development Segment Spinoff Poised To Generate Significant Value

Aug 23

Shareholder Returns

LHUS HealthcareUS Market
7D-3.5%2.4%-3.7%
1Y-13.5%0.8%20.5%

Return vs Industry: LH underperformed the US Healthcare industry which returned -2.9% over the past year.

Return vs Market: LH underperformed the US Market which returned 20.2% over the past year.

Price Volatility

Is LH's price volatile compared to industry and market?
LH volatility
LH Average Weekly Movement2.5%
Healthcare Industry Average Movement7.2%
Market Average Movement6.0%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.0%

Stable Share Price: LH has not had significant price volatility in the past 3 months.

Volatility Over Time: LH's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199461,975Adam Schechterwww.labcorp.com

Laboratory Corporation of America Holdings operates as a life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Labcorp Diagnostics (Dx) and Biopharma Laboratory Services (BLS). The company offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin A1C and vitamin D, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests.

Laboratory Corporation of America Holdings Fundamentals Summary

How do Laboratory Corporation of America Holdings's earnings and revenue compare to its market cap?
LH fundamental statistics
Market capUS$16.99b
Earnings (TTM)US$379.20m
Revenue (TTM)US$12.16b

44.4x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LH income statement (TTM)
RevenueUS$12.16b
Cost of RevenueUS$8.80b
Gross ProfitUS$3.36b
Other ExpensesUS$2.99b
EarningsUS$379.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)4.51
Gross Margin27.67%
Net Profit Margin3.12%
Debt/Equity Ratio64.1%

How did LH perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

66%

Payout Ratio

Does LH pay a reliable dividends?

See LH dividend history and benchmarks
When do you need to buy LH by to receive an upcoming dividend?
Laboratory Corporation of America Holdings dividend dates
Ex Dividend DateMay 28 2024
Dividend Pay DateJun 12 2024
Days until Ex dividend40 days
Days until Dividend pay date55 days

Does LH pay a reliable dividends?

See LH dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.