Labcorp Holdings Inc (LH)

NYSE
Currency in USD
242.45
-1.54(-0.63%)
Closed
Pre Market
242.40-0.05(-0.02%)
LH Scorecard
Full Analysis
Net income is expected to grow this year
Earnings results expected in 14 days
Fair Value
Day's Range
241.00244.59
52 wk Range
191.97247.99
Key Statistics
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Prev. Close
242.45
Open
242.55
Day's Range
241-244.59
52 wk Range
191.97-247.99
Volume
448.84K
Average Volume (3m)
609.35K
1-Year Change
6.95%
Book Value / Share
97.31
Fair Value
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Fair Value Upside
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LH Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
261.36
Upside
+7.80%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple
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Labcorp Holdings Inc Company Profile

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.

Labcorp Holdings Inc SWOT Analysis


Financial Resilience
Labcorp's robust Q2 performance and raised revenue guidance signal strong financial health and growth potential in the competitive life sciences secto
Leadership Transition
Explore the impact of new CFO Julia Wang's diverse experience on Labcorp's strategic financial decisions and growth initiatives
Market Positioning
Delve into Labcorp's $19.7B market cap and its ability to outperform the S&P500, reflecting its competitive strength in diagnostics and life sciences
Future Prospects
Analysts project EPS growth to 15.54 by FY2026, with a price target of $249, balancing acquisition challenges against potential market expansion opportunities
Read full SWOT analysis

Labcorp Holdings Inc Earnings Call Summary for Q3/2024

  • Q3 revenue up 7% YoY to $3.3B; adjusted EPS grew 4% to $3.50; diagnostics revenue +9%, biopharma services +3%
  • Completed acquisitions, launched new products; adjusted operating income $441M; margin decline due to Invitae acquisition
  • Projecting 6.6-7.3% enterprise revenue growth for 2024; adjusted EPS guidance $14.30-$14.70; free cash flow $850M-$980M
  • Diagnostics Labs revenue +8.9% to $2.6B; Biopharma Labs +2.6% to $738M; $8.1B backlog; long-term biopharma growth ~6%
  • Expects $100M-$125M savings from LaunchPad; capital expenditures ~3.5% of revenue; margin improvements in H2 2025
Last Updated: 10/25/2024, 06:02 AM
Read Full Transcript

Compare LH to Peers and Sector

Metrics to compare
LH
Peers
Sector
Relationship
P/E Ratio
46.6x22.1x−0.6x
PEG Ratio
−1.49−0.050.00
Price/Book
2.5x1.7x2.6x
Price / LTM Sales
1.6x1.5x3.1x
Upside (Analyst Target)
10.7%24.0%51.5%
Fair Value Upside
Unlock7.2%7.6%Unlock

Analyst Ratings

12 Buy
7 Hold
0 Sell
Ratings:
19 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 261.36
(+7.80% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 5.17
Dividend Yield
1.19%
Industry Median 1.31%
Annualized payout
2.8800
Paid quarterly
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Oct 24, 2024
EPS / Forecast
3.50 / 3.48
Revenue / Forecast
3.28B / 3.26B
EPS Revisions
Last 90 days

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FAQ

What Is the Labcorp Holdings (LH) Stock Price Today?

The Labcorp Holdings stock price today is 242.45

What Stock Exchange Does Labcorp Holdings Trade On?

Labcorp Holdings is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Labcorp Holdings?

The stock symbol for Labcorp Holdings is "LH."

Does Labcorp Holdings Pay Dividends? What’s The Current Dividend Yield?

The Labcorp Holdings dividend yield is 1.19%.

What Is the Labcorp Holdings Market Cap?

As of today, Labcorp Holdings market cap is 20.28B.

What is Labcorp Holdings Earnings Per Share?

The Labcorp Holdings EPS is 5.17.

What Is the Next Labcorp Holdings Earnings Date?

Labcorp Holdings will release its next earnings report on Feb 05, 2025.

From a Technical Analysis Perspective, Is LH a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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