Labcorp Holdings (NYSE:LH) - Stock Price, News & Analysis - Simply Wall St (2024)

LH Stock Overview

Operates as a laboratory services company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions.

LH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends2/6

Rewards

Trading at 59.4% below our estimate of its fair value

Earnings are forecast to grow 20.14% per year

Risk Analysis

Has a high level of debt

Large one-off items impacting financial results

Significant insider selling over the past 3 months


Labcorp Holdings Inc. Competitors

Quest DiagnosticsNYSE:DGXUS$16.0b
DaVitaNYSE:DVAUS$12.3b
ChemedNYSE:CHEUS$8.5b
Option Care HealthNasdaqGS:OPCHUS$5.2b

Price History & Performance

Summary of all time highs, changes and price drops for Labcorp Holdings
Historical stock prices
Current Share PriceUS$210.59
52 Week HighUS$243.30
52 Week LowUS$195.01
Beta1.01
1 Month Change4.52%
3 Month Change-2.36%
1 Year Change-3.67%
3 Year Change-22.37%
5 Year Change26.25%
Change since IPO763.96%

Recent News & Updates

Here's Why It's Unlikely That Laboratory Corporation of America Holdings' (NYSE:LH) CEO Will See A Pay Rise This YearMay 08Laboratory Corporation of America Holdings (NYSE:LH) Is Paying Out A Dividend Of $0.72Apr 30

Recent updates

Here's Why It's Unlikely That Laboratory Corporation of America Holdings' (NYSE:LH) CEO Will See A Pay Rise This YearMay 08Laboratory Corporation of America Holdings (NYSE:LH) Is Paying Out A Dividend Of $0.72Apr 30Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72Apr 15Laboratory Corporation of America Holdings' (NYSE:LH) P/E Is On The MarkApr 06Laboratory Corporation: A Healthier Diagnosis, As Pandemic Headwinds Disappear Apr 01Laboratory Corporation of America Holdings (NYSE:LH) Will Pay A Dividend Of $0.72Feb 25We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster EarningsFeb 22An Intrinsic Calculation For Laboratory Corporation of America Holdings (NYSE:LH) Suggests It's 48% UndervaluedFeb 21Laboratory Corporation of America Holdings (NYSE:LH) Has Affirmed Its Dividend Of $0.72Jan 31Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt ResponsiblyJan 30Laboratory Corporation of America Holdings' (NYSE:LH) Dividend Will Be $0.72Jan 15Some Shareholders Feeling Restless Over Laboratory Corporation of America Holdings' (NYSE:LH) P/E RatioJan 05Laboratory Corporation: Multiple Updates, Same Investment Conclusion Dec 02Laboratory Corp.: Rate On Capital Deployed Contracting, Hold Sep 14Laboratory Corporation: Trying To Create Value By Spinning Out Fortrea Jul 05Newsflash: Laboratory Corporation of America Holdings (NYSE:LH) Analysts Have Been Trimming Their Revenue ForecastsJul 04Are Investors Undervaluing Laboratory Corporation of America Holdings (NYSE:LH) By 43%?Jun 23Laboratory Corporation: Predictability Of Cash Flows Less Visible Jun 21Is It Too Late To Consider Buying Laboratory Corporation of America Holdings (NYSE:LH)?May 26Laboratory Corporation of America Holdings' (NYSE:LH) Returns On Capital Are Heading HigherMar 16Laboratory Corporation of America Holdings (NYSE:LH) Shares Could Be 32% Below Their Intrinsic Value EstimateMar 02Laboratory Corporation of America Non-GAAP EPS of $4.14 in-line, revenue of $3.7B misses by $40M, introduces FY23 outlook Feb 16At US$254, Is It Time To Put Laboratory Corporation of America Holdings (NYSE:LH) On Your Watch List?Jan 30Laboratory Corporation: Plenty Of Growth Runway Jan 19Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt ResponsiblyJan 16Laboratory Corporation of America declares $0.72 dividend Jan 12Returns At Laboratory Corporation of America Holdings (NYSE:LH) Are On The Way UpDec 07Is There An Opportunity With Laboratory Corporation of America Holdings' (NYSE:LH) 25% Undervaluation?Nov 24Laboratory Corporation: Buy Rating Holds Following Solid Mid-Level Growth Nov 08Laboratory Corporation of America Q3 2022 Earnings Preview Oct 26We Think Laboratory Corporation of America Holdings (NYSE:LH) Can Stay On Top Of Its DebtOct 14

Shareholder Returns

LHUS HealthcareUS Market
7D0.1%1.5%1.8%
1Y-3.7%6.7%26.1%

Return vs Industry: LH underperformed the US Healthcare industry which returned 6.7% over the past year.

Return vs Market: LH underperformed the US Market which returned 26.1% over the past year.

Price Volatility

Is LH's price volatile compared to industry and market?
LH volatility
LH Average Weekly Movement2.6%
Healthcare Industry Average Movement7.0%
Market Average Movement5.9%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market2.8%

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
n/a61,975Adam Schechterwww.labcorp.com

Labcorp Holdings Inc. operates as a laboratory services company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Diagnostics Laboratories (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.

Labcorp Holdings Inc. Fundamentals Summary

How do Labcorp Holdings's earnings and revenue compare to its market cap?
LH fundamental statistics
Market capUS$17.75b
Earnings (TTM)US$399.20m
Revenue (TTM)US$12.30b

44.5x

P/E Ratio

1.4x

P/S Ratio

Is LH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LH income statement (TTM)
RevenueUS$12.30b
Cost of RevenueUS$8.89b
Gross ProfitUS$3.41b
Other ExpensesUS$3.01b
EarningsUS$399.20m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.74
Gross Margin27.74%
Net Profit Margin3.25%
Debt/Equity Ratio64.8%

How did LH perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

62%

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?
Labcorp Holdings dividend dates
Ex Dividend DateMay 24 2024
Dividend Pay DateJun 12 2024
Days until Ex dividend3 days
Days until Dividend pay date22 days

Does LH pay a reliable dividends?

See LH dividend history and benchmarks
Labcorp Holdings (NYSE:LH) - Stock Price, News & Analysis  - Simply Wall St (2024)
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