Stock Scorecard



Stock Summary for Laboratory Corp Of America Holdings (LH) - $198.35 as of 4/26/2024 3:26:49 PM EST

Total Score

11 out of 29

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for LH

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for LH

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for LH

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2

Bonus Criteria for LH

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for LH

Integer Holdings ( ITGR ) Q1 Earnings Top Estimates, Margins Up 4/26/2024 5:07:00 PM
Labcorp ( LH ) Tops Q1 Earnings Estimates, Raises 2024 EPS View 4/25/2024 2:18:00 PM
Labcorp Announces 2024 First Quarter Results 4/25/2024 10:58:00 AM
Watch These 3 MedTech Stocks This Earnings Season: Beat or Miss? 4/24/2024 5:56:00 PM
5 Large-Cap Medical Stocks to Buy Ahead of Q1 Earnings 4/19/2024 11:46:00 AM
Global Dental Lasers Market to Witness Upsurge in Growth at a CAGR of ~5% by 2030 | DelveInsight 4/16/2024 9:31:00 PM
Labcorp ( LH ) to Report Q1 Earnings: What's in the Cards? 4/16/2024 12:42:00 PM
Labcorp's ( LH ) At-Home Mpox Testing Kit Gets the FDA's EUA Nod 4/12/2024 1:10:00 PM
Myriad Genetics ( MYGN ) Announces Favorable Research Results 4/11/2024 2:00:00 PM
Labcorp's ( LH ) Strategic Alliances Aid Amid Macroeconomic Woes 4/9/2024 1:03:00 PM

Financial Details for LH

Company Overview

Ticker LH
Company Name Laboratory Corp Of America Holdings
Country USA
Description Laboratory Corporation of America Holdings, more commonly known as Labcorp, is an American company headquartered in Burlington, North Carolina. It operates one of the largest clinical laboratory networks in the world, with a United States network of 36 primary laboratories.
Sector Name LIFE SCIENCES
Industry Name SERVICES-MEDICAL LABORATORIES
Most Recent Quarter 12/31/2023
Next Earnings Date 5/14/2024

Stock Price History

Last Day Price 198.35
Last Day Price Updated 4/26/2024 3:26:49 PM EST
Last Day Volume 0
Average Daily Volume 808,485
52-Week High 233.32
52-Week Low 177.78
Last Price to 52 Week Low 11.57%

Valuation Measures

Trailing PE 45.63
Industry PE 265.59
Sector PE 56.64
5-Year Average PE 8.44
Free Cash Flow Ratio 31.09
Industry Free Cash Flow Ratio 18.70
Sector Free Cash Flow Ratio 30.65
Current Ratio Most Recent Quarter 1.17
Total Cash Per Share 6.38
Book Value Per Share Most Recent Quarter 93.86
Price to Book Ratio 2.20
Industry Price to Book Ratio 2.74
Sector Price to Book Ratio 22.15
Price to Sales Ratio Twelve Trailing Months 1.42
Industry Price to Sales Ratio Twelve Trailing Months 1.51
Sector Price to Sales Ratio Twelve Trailing Months 5.17

Share Statistics

Total Shares Outstanding 84,126,000
Market Capitalization 16,686,392,100
Institutional Ownership N/A

Dividends

Ex-Dividend Date 5/28/2024
Last Dividend Amount 0.72
Current Dividend Amount 0.72
Dividend Aristocrat? False
Trailing Annual Dividend Rate 2.88
Trailing Annual Dividend Yield 1.45%
Forward Annual Dividend Rate 3.80
Forward Annual Dividend Yield 1.92%
5-Year Dividend Payments Count 8
3-Year Average Dividend Yield 1.17%
5-Year Average Dividend Yield 1.17%
1-Year Dividend Growth Rate Percentage 33.33%
3-Year Dividend Growth Rate Percentage 279.47%
5-Year Dividend Growth Rate Percentage 31.95%
All-Time Dividend Growth Rate Percentage -5.13%
Dividend Payout Ratio 66.51%

Income Statement

Quarterly Earnings Growth YOY -45.90%
Annual Earnings Growth -67.32%
Reported EPS 12 Trailing Months 4.33
Reported EPS Past Year 0.00
Reported EPS Prior Year 14.30
Net Income Twelve Trailing Months 418,000,000
Net Income Past Year 418,000,000
Net Income Prior Year 1,279,100,000
Quarterly Revenue Growth YOY 3.50%
5-Year Revenue Growth 1.42%

Balance Sheet

Total Cash Most Recent Quarter 536,800,000
Total Cash Past Year 536,800,000
Total Cash Prior Year 430,000,000
Net Cash Position Most Recent Quarter -464,900,000
Net Cash Position Past Year -464,900,000
Long Term Debt Past Year 1,001,700,000
Long Term Debt Prior Year 303,600,000
Total Debt Most Recent Quarter 1,001,700,000
Equity to Debt Ratio Past Year 0.89
Equity to Debt Ratio Most Recent Quarter 0.89
Total Stockholder Equity Past Year 7,875,000,000
Total Stockholder Equity Prior Year 10,096,600,000
Total Stockholder Equity Most Recent Quarter 7,875,000,000

Options

Put/Call Ratio 0.09
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -2.87
MACD Signal -2.92
20-Day Bollinger Lower Band 201.21
20-Day Bollinger Middle Band 216.79
20-Day Bollinger Upper Band 232.37
Beta 1.00
RSI 42.78
50-Day SMA 208.69
200-Day SMA 205.82

System

Modified 4/27/2024 4:49:05 AM EST