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Dominance

Laboratory Corporation of America LH Stock

205.73 USD {{ price }} -0.372883% {{change_pct}}%
Exchange
NYSE
Market Cap
17.31B USD
LOW - HIGH [24H]
204.4 - 206.4 USD
VOLUME [24H]
717.04K USD
{{ volume }}
P/E Ratio
47.62
Earnings per share
4.32 USD

Laboratory Corporation of America Price Chart

Laboratory Corporation of America LH Financial and Trading Overview

Laboratory Corporation of America stock price 205.73 USD
Previous Close 226.98 USD
Open 227.44 USD
Bid 0 USD x 1000
Ask 256.94 USD x 800
Day's Range 226.38 - 230.82 USD
52 Week Range 200.32 - 263.13 USD
Volume 737.49K USD
Avg. Volume 577.77K USD
Market Cap 20.43B USD
Beta (5Y Monthly) 1.042253
PE Ratio (TTM) 20.733812
EPS (TTM) 4.32 USD
Forward Dividend & Yield 2.88 (1.26%)
Ex-Dividend Date May 17, 2023
1y Target Est 273.08 USD

LH Valuation Measures

Enterprise Value 26.09B USD
Trailing P/E 20.733812
Forward P/E 12.362467
PEG Ratio (5 yr expected) -193.86
Price/Sales (ttm) 1.3844445
Price/Book (mrq) 1.9753087
Enterprise Value/Revenue 1.769
Enterprise Value/EBITDA 11.257

Trading Information

Laboratory Corporation of America Stock Price History

Beta (5Y Monthly) 1.042253
52-Week Change 1.91%
S&P500 52-Week Change 20.43%
52 Week High 263.13 USD
52 Week Low 200.32 USD
50-Day Moving Average 223.52 USD
200-Day Moving Average 229.63 USD

LH Share Statistics

Avg. Volume (3 month) 577.77K USD
Avg. Daily Volume (10-Days) 594.15K USD
Shares Outstanding 88.6M
Float 88.3M
Short Ratio 2.81
% Held by Insiders 0.27%
% Held by Institutions 93.05%
Shares Short 1.65M
Short % of Float 2.47%
Short % of Shares Outstanding 1.85%

Dividends & Splits

Trailing Annual Dividend Rate 2.88
Trailing Annual Dividend Yield 1.26%
5 Year Average Dividend Yield N/A
Payout Ratio 0.2588
Last Split Factor 2:1

Financial Highlights

Fiscal Year

Fiscal Year Ends December 31, 2022
Most Recent Quarter (mrq) March 31, 2023
Next Fiscal Year End December 31, 2023

Profitability

Profit Margin 6.78%
Operating Margin (ttm) 12.03%
Gross Margin 27.96%
EBITDA Margin 15.70%

Management Effectiveness

Return on Assets (ttm) 5.42%
Return on Equity (ttm) 9.49%

Income Statement

Revenue (ttm) 14.76B USD
Revenue Per Share (ttm) 164.13 USD
Quarterly Revenue Growth (yoy) -3.10%
Gross Profit (ttm) 4.39B USD
EBITDA 2.32B USD
Net Income Avi to Common (ttm) 1B USD
Diluted EPS (ttm) 11.12
Quarterly Earnings Growth (yoy) -56.69%

Balance Sheet

Total Cash (mrq) 393.9M USD
Total Cash Per Share (mrq) 4.45 USD
Total Debt (mrq) 6.36B USD
Total Debt/Equity (mrq) 61.37 USD
Current Ratio (mrq) 1.627
Book Value Per Share (mrq) 116.721

Cash Flow Statement

Operating Cash Flow (ttm) 1.72B USD
Levered Free Cash Flow (ttm) 970.19M USD

Profile of Laboratory Corporation of America

Country United States
State NC
City Burlington
Address 358 South Main Street
ZIP 27215
Phone 336 229 1127
Website https://www.labcorp.com
Industry Diagnostics & Research
Sector(s) Healthcare
Full Time Employees 80000

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 and Labcorp Drug Development. 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. It also provides specialty testing services comprising gene-based and esoteric testing; advanced tests target specific diseases, including anatomic pathology/oncology, cardiovascular disease, coagulation, diagnostic genetics, endocrinology, infectious disease, women's health, pharmacogenetics, and 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), including health fairs, on-site and at-home testing, vaccinations, and health screenings. In addition, the company offers online and mobile applications to enable patients to check test results; and online applications for MCOs and accountable care organizations; and end-to-end drug development, medical device, and companion diagnostic development solutions from early-stage research to clinical development and commercial market access. It serves MCOs, pharmaceutical, biotechnology, medical device and diagnostics companies, governmental agencies, physicians and other healthcare providers, hospitals and health systems, employers, patients and consumers, contract research organizations, and independent clinical laboratories. The company was incorporated in 1994 and is headquartered in Burlington, North Carolina.

Q&A For Laboratory Corporation of America Stock

What is a current LH stock price?

Laboratory Corporation of America LH stock price today per share is 205.73 USD.

How to purchase Laboratory Corporation of America stock?

You can buy LH shares on the NYSE exchange. Contact your financial advisor to select a broker.

What is the ticker symbol for Laboratory Corporation of America?

The stock symbol or ticker of Laboratory Corporation of America is LH.

Which industry does the Laboratory Corporation of America company belong to?

The Laboratory Corporation of America industry is Diagnostics & Research.

How many shares does Laboratory Corporation of America have in circulation?

The max supply of Laboratory Corporation of America shares is 84.13M.

What is Laboratory Corporation of America Price to Earnings Ratio (PE Ratio)?

Laboratory Corporation of America PE Ratio is 47.62268000 now.

What was Laboratory Corporation of America earnings per share over the trailing 12 months (TTM)?

Laboratory Corporation of America EPS is 4.32 USD over the trailing 12 months.

Which sector does the Laboratory Corporation of America company belong to?

The Laboratory Corporation of America sector is Healthcare.

Laboratory Corporation of America LH included in indexes

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S&P 500 INDEX SPX 5123.41 USD
-1.46
2.41B USD 5107.94 USD 5175.03 USD 2.41B USD
S&P 500 (Yahoo.com) GSPC 5123.41 USD
-1.46
2.41B USD 5107.94 USD 5175.03 USD 2.41B USD
The Capital Strength Index seek NQCAPST 3005.23 USD
-1.04
2995.36 USD 3025.3 USD
NASDAQ US Buyback Achievers Sel DRBS 2224.13 USD
-1.64
2217.6 USD 2253.41 USD
Nasdaq US Price Setters Index NQPRCE 2512.39 USD
-1.09
2503.34 USD 2529.79 USD
The Capital Strength Net Total NQCAPSTN 3500.65 USD
-1.02
3489.16 USD 3524.03 USD
NASDAQ Global Buyback Achievers DRBG 2057.38 USD
-0.89
2057.25 USD 2057.65 USD
NYSE COMPOSITE (DJ) NYA 17639.04 USD
-1.54
NASDAQ DM Ex Japan Large Mid Ca NQDMXJPLMAUD 2100.38 AUD 1390.15 USD
<0.01
2100.38 AUD 1390.15 USD 2100.38 AUD 1390.15 USD