Laboratory Corp. of America Holdings Company Profile (NYSE:LH)

About Laboratory Corp. of America Holdings

Laboratory Corp. of America Holdings logoLaboratory Corporation of America Holdings is a healthcare diagnostics company. The Company, together with its subsidiaries, is engaged in providing clinical laboratory services and drug development support. The Company operates through two segments: LabCorp Diagnostics (LCD) and Covance Drug Development (CDD). The Company's LCD segment is an independent clinical laboratory business that consists of a network of approximately 40 primary laboratories and approximately 1,700 patient service centers (PSCs) along with a network of branches and STAT laboratories, which offer a menu of routine and frequently ordered tests. LCD offers a menu of over 4,700 tests, such as blood chemistry analyses, urinalyses, blood cell counts and thyroid tests. Its CDD segment offers drug development services, and provides a range of drug development solutions across the world, primarily to companies in the pharmaceutical and biotechnology industries.

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Medical Laboratories & Research
  • Sub-Industry: Health Care Services
  • Exchange: NYSE
  • Symbol: LH
  • CUSIP: 50540R40
Key Metrics:
  • Previous Close: $136.89
  • 50 Day Moving Average: $137.28
  • 200 Day Moving Average: $129.58
  • 52-Week Range: $97.79 - $141.32
  • Trailing P/E Ratio: 22.59
  • Foreward P/E Ratio: 14.03
  • P/E Growth: 1.55
  • Market Cap: $13.92B
  • Outstanding Shares: 102,300,000
  • Beta: 0.85
Profitability:
  • Net Margins: 6.64%
  • Return on Equity: 17.01%
  • Return on Assets: 6.04%
Debt:
  • Debt-to-Equity Ratio: 1.12%
  • Current Ratio: 2.08%
  • Quick Ratio: 1.93%
Additional Links:
Companies Related to Laboratory Corp. of America Holdings:

Analyst Ratings

Consensus Ratings for Laboratory Corp. of America Holdings (NYSE:LH) (?)
Ratings Breakdown: 7 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.59)
Consensus Price Target: $140.69 (2.78% upside)

Analysts' Ratings History for Laboratory Corp. of America Holdings (NYSE:LH)
Show:
DateFirmActionRatingPrice TargetDetails
9/14/2016Canaccord GenuitySet Price TargetBuy$155.00View Rating Details
9/15/2016MizuhoBoost Price TargetNeutral$132.00 -> $145.00View Rating Details
9/9/2016Citigroup Inc.Initiated CoverageNeutral$156.00View Rating Details
8/29/2016Barclays PLCSet Price TargetBuy$155.00View Rating Details
8/16/2016KeyCorpBoost Price TargetOverweight$143.00 -> $150.00View Rating Details
7/28/2016SunTrust Banks Inc.Reiterated RatingBuyView Rating Details
7/27/2016Evercore ISIBoost Price TargetBuy$147.00 -> $155.00View Rating Details
6/9/2016Credit Suisse Group AGReiterated RatingOutperform$135.00 -> $143.00View Rating Details
5/16/2016Robert W. BairdReiterated RatingBuyView Rating Details
5/2/2016Morgan StanleyReiterated RatingBuyView Rating Details
4/26/2016Jefferies GroupBoost Price TargetHold$121.00 -> $131.00View Rating Details
3/23/2016Goldman Sachs Group Inc.Boost Price Target$119.00View Rating Details
3/4/2016William BlairReiterated RatingOutperformView Rating Details
2/23/2016Deutsche Bank AGLower Price TargetHold$134.00 -> $121.00View Rating Details
2/19/2016Royal Bank Of CanadaLower Price TargetSector Perform$135.00 -> $130.00View Rating Details
2/4/2016Raymond James Financial Inc.Lower Price TargetOutperform$145.00 -> $135.00View Rating Details
12/17/2015Stifel NicolausDowngradeBuy -> HoldView Rating Details
4/28/2015JPMorgan Chase & Co.Boost Price TargetOverweight$141.00 -> $144.00View Rating Details
3/27/2015JMP SecuritiesInitiated CoverageOutperform$165.00View Rating Details
3/24/2015Maxim GroupBoost Price TargetBuy$141.00 -> $160.00View Rating Details
3/23/2015Cantor FitzgeraldSet Price TargetBuy$115.00View Rating Details
2/23/2015Wells Fargo & Co.Initiated CoverageMarket PerformView Rating Details
2/23/2015Piper Jaffray Cos.UpgradeNeutral -> Overweight$113.00 -> $140.00View Rating Details
10/29/2014FBR & CoReiterated RatingMarket Perform$106.00 -> $112.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Laboratory Corp. of America Holdings (NYSE:LH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2016        
7/27/2016Q216$2.30$2.31$2.33 billion$2.40 billionViewListenView Earnings Details
4/25/2016Q116$1.96$2.02$2.19 billion$2.30 billionViewListenView Earnings Details
2/18/2016Q415$1.99$1.98$2.22 billion$2.24 billionViewListenView Earnings Details
10/26/2015Q315$2.07$2.07$2.25 billion$2.30 billionViewListenView Earnings Details
7/28/2015Q215$2.03$2.09$2.22 billion$2.20 billionViewListenView Earnings Details
4/27/2015Q115$1.63$1.73$1.79 billion$1.80 billionViewListenView Earnings Details
2/20/2015Q4$1.63$1.65$1.51 billionViewListenView Earnings Details
10/28/2014Q3$1.75$1.80$1.56 billion$1.55 billionViewListenView Earnings Details
7/18/2014Q214$1.77$1.84$1.50 billion$1.52 billionViewN/AView Earnings Details
4/28/2014Q114$1.58$1.51$1.45 billion$1.43 billionViewListenView Earnings Details
2/7/2014Q413$1.66$1.61$1.46 billion$1.44 billionViewListenView Earnings Details
10/18/2013Q313$1.80$1.80$1.45 billion$1.46 billionViewListenView Earnings Details
7/19/2013Q2 2013$1.80$1.80$1.46 billion$1.47 billionViewListenView Earnings Details
4/19/2013Q1 2013$1.77$1.74$1.45 billion$1.44 billionViewListenView Earnings Details
2/8/2013Q4 2012$1.62$1.54$1.39 billion$1.41 billionViewListenView Earnings Details
10/18/2012$1.74$1.76ViewN/AView Earnings Details
7/19/2012$1.76$1.77ViewN/AView Earnings Details
4/19/2012$1.67$1.74ViewN/AView Earnings Details
2/10/2012$1.41$1.46ViewN/AView Earnings Details
10/20/2011$1.50$1.61ViewN/AView Earnings Details
7/21/2011$1.53$1.64ViewN/AView Earnings Details
4/21/2011$1.46$1.52ViewN/AView Earnings Details
2/10/2011$1.31$1.34ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Laboratory Corp. of America Holdings (NYSE:LH)
Current Year EPS Consensus Estimate: $8.81 EPS
Next Year EPS Consensus Estimate: $9.76 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169$1.95$2.05$1.98
Q2 20165$2.28$2.39$2.31
Q3 20165$2.28$2.36$2.31
Q4 20166$2.15$2.25$2.20
Q1 20171$2.20$2.20$2.20
Q2 20171$2.53$2.53$2.53
Q3 20171$2.53$2.53$2.53
Q4 20171$2.44$2.44$2.44
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Laboratory Corp. of America Holdings (NYSE:LH)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Laboratory Corp. of America Holdings (NYSE:LH)
Insider Ownership Percentage: 1.14%
Institutional Ownership Percentage: 91.89%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/9/2016Lisa J UthgenanntInsiderSell1,177$140.00$164,780.00View SEC Filing  
8/4/2016Glenn A EisenbergCFOSell8,000$140.10$1,120,800.00View SEC Filing  
8/4/2016Robert E Mittelstaedt JrDirectorSell992$140.15$139,028.80View SEC Filing  
6/13/2016David P KingCEOSell196,400$128.00$25,139,200.00View SEC Filing  
4/27/2016Edward T DodsonInsiderSell9,392$126.42$1,187,336.64View SEC Filing  
3/31/2016F Samuel Eberts IIIInsiderSell4,219$116.85$492,990.15View SEC Filing  
3/31/2016James T Jr. BoyleCEOSell18,132$116.81$2,117,998.92View SEC Filing  
3/14/2016F Samuel Eberts IIIInsiderSell309$115.32$35,633.88View SEC Filing  
3/14/2016James T Jr. BoyleCEOSell1,543$115.32$177,938.76View SEC Filing  
2/25/2016Jean-Luc BelingardDirectorSell1,296$109.74$142,223.04View SEC Filing  
2/16/2016F Samuel Eberts IIIInsiderSell370$103.02$38,117.40View SEC Filing  
2/16/2016James T. Jr. BoyleCEOSell4,055$103.02$417,746.10View SEC Filing  
2/12/2016F Samuel Eberts IIIinsiderSell405$101.67$41,176.35View SEC Filing  
2/12/2016James T. Jr. BoyleCEOSell2,712$101.67$275,729.04View SEC Filing  
1/8/2016F Samuel Eberts IIIInsiderSell1,215$119.05$144,645.75View SEC Filing  
12/8/2015F Samuel Eberts IIIInsiderSell1,010$123.31$124,543.10View SEC Filing  
11/2/2015R Sanders WilliamsDirectorSell1,850$124.30$229,955.00View SEC Filing  
7/1/2015David P KingCEOSell50,000$121.78$6,089,000.00View SEC Filing  
4/29/2015Jean-Luc BelingardDirectorSell1,542$123.10$189,820.20View SEC Filing  
4/23/2015James T Jr. BoyleCEOSell1,394$126.56$176,424.64View SEC Filing  
3/31/2015Mark E BrecherCMOSell20,625$126.98$2,618,962.50View SEC Filing  
3/30/2015Mark E BrecherCMOSell20,278$126.98$2,574,900.44View SEC Filing  
3/3/2015James T Jr. BoyleCOOSell1,237$123.70$153,016.90View SEC Filing  
2/13/2015James T Jr. BoyleCOOSell6,597$116.68$769,737.96View SEC Filing  
9/22/2014David P KingCEOSell65,234$104.71$6,830,652.14View SEC Filing  
9/5/2014R Sanders WilliamsDirectorSell2,000$107.95$215,900.00View SEC Filing  
8/22/2014David P KingCEOSell65,233$106.10$6,921,221.30View SEC Filing  
7/22/2014David P KingCEOSell65,233$105.55$6,885,343.15View SEC Filing  
6/9/2014James T Jr. BoyleCOOSell38,600$103.00$3,975,800.00View SEC Filing  
5/7/2014M Keith WeikelDirectorSell1,984$98.28$194,987.52View SEC Filing  
3/28/2014James Jr. BoyleCOOSell2,521$98.36$247,965.56View SEC Filing  
3/7/2014William HayesCFOSell23,848$94.40$2,251,251.20View SEC Filing  
2/13/2014James Jr. BoyleCOOSell4,123$90.29$372,265.67View SEC Filing  
2/11/2014James Jr. BoyleCOOSell1,204$91.15$109,744.60View SEC Filing  
1/27/2014David KingCEOSell24,200$90.15$2,181,630.00View SEC Filing  
12/24/2013David KingCEOSell25,000$90.79$2,269,750.00View SEC Filing  
10/24/2013David P KingCEOSell25,000$100.91$2,522,750.00View SEC Filing  
10/17/2013James T Jr. BoyleCOOSell24,400$102.00$2,488,800.00View SEC Filing  
9/25/2013David KingCEOSell25,000$99.06$2,476,500.00View SEC Filing  
8/26/2013David KingCEOSell25,000$96.60$2,415,000.00View SEC Filing  
8/21/2013Robert Mittelstaedt, Jr.DirectorSell7,429$96.86$719,572.94View SEC Filing  
7/24/2013David P KingCEOSell25,000$97.72$2,443,000.00View SEC Filing  
6/24/2013David P KingCEOSell25,000$98.66$2,466,500.00View SEC Filing  
6/7/2013James T Jr. BoyleCOOSell63,100$99.63$6,286,653.00View SEC Filing  
5/28/2013Mark E BrecherInsiderSell16,900$100.92$1,705,548.00View SEC Filing  
5/21/2013William B HayesCFOSell127,200$100.00$12,720,000.00View SEC Filing  
5/17/2013F Samuel Eberts IIIInsiderSell10,000$98.47$984,700.00View SEC Filing  
5/10/2013James T Jr. BoyleCOOSell68,908$93.82$6,464,948.56View SEC Filing  
5/8/2013Jean-Luc BelingardDirectorSell2,536$92.88$235,543.68View SEC Filing  
4/11/2013William B HayesCFOSell22,234$95.00$2,112,230.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Laboratory Corp. of America Holdings (NYSE:LH)
DateHeadline
News IconIs Laboratory Corp. of America Holdings (NYSE:LH), a large market ... - Twin County News (NYSE:LH)
twincountynews.com - September 29 at 11:00 AM
capitalcube.com logoLaboratory Corp. of America Holdings – Value Analysis (NYSE:LH) : September 27, 2016 (NYSE:LH)
www.capitalcube.com - September 27 at 5:50 PM
News IconIs Laboratory Corp. of America Holdings(NYSE: LH), a large market cap stock a smart buy? - The Daily Leicester (NYSE:LH)
thedailyleicester.com - September 26 at 5:59 PM
capitalcube.com logoLaboratory Corp. of America Holdings breached its 50 day moving average in a Bearish Manner : LH-US : September 26, 2016 (NYSE:LH)
www.capitalcube.com - September 26 at 10:32 AM
realistinvestor.com logoLaboratory Corporation of America Holdings (NYSE:LH)'s Accounts Payable Is $443.5 - RealistInvestor.com (NYSE:LH)
www.realistinvestor.com - September 23 at 5:35 PM
News IconLeading stocks in today’s market: Laboratory Corp. of America Holdings (NYSE:LH) (NYSE:LH)
twincountynews.com - September 21 at 4:09 PM
4-traders.com logoLABORATORY CORP OF AMERICA HOLDINGS : Other Events (form 8-K) (NYSE:LH)
www.4-traders.com - September 20 at 11:04 AM
finance.yahoo.com logoLabCorp Names Veteran Biopharma Executive John Ratliff CEO of Covance Drug Development (NYSE:LH)
finance.yahoo.com - September 20 at 11:03 AM
biz.yahoo.com logoLABORATORY CORP OF AMERICA HOLDINGS Files SEC form 8-K, Other Events (NYSE:LH)
biz.yahoo.com - September 20 at 11:03 AM
News IconHigh Market Cap Stock of the Day – Laboratory Corp. of America Holdings (NYSE:LH) (NYSE:LH)
twincountynews.com - September 19 at 5:55 PM
finance.yahoo.com logoBarron's Picks And Pans: 'Meg Whitman Divides And Conquers' (NYSE:LH)
finance.yahoo.com - September 18 at 5:37 PM
finance.yahoo.com logo2:01 pm Laboratory Corp's Sequenom Inc. announced the commencement of cash tender offers for certain Senior Notes Due 2017 and 2018 (NYSE:LH)
finance.yahoo.com - September 18 at 10:18 AM
publicnow.com logoLabCorp Subsidiary Sequenom Inc. Announces Tender Offers and Consent Solicitations for 5% Convertible Senior Notes Due 2017 and 5% Convertible Senior Exchange Notes Due 2018 (NYSE:LH)
www.publicnow.com - September 16 at 5:44 PM
biz.yahoo.com logoLABORATORY CORP OF AMERICA HOLDINGS Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:LH)
biz.yahoo.com - September 16 at 5:44 PM
biz.yahoo.com logoLABORATORY CORP OF AMERICA HOLDINGS Files SEC form 8-K, Regulation FD Disclosure (NYSE:LH)
biz.yahoo.com - September 15 at 9:17 AM
mysmartrend.com logoLaboratory Corp of America Holdings Falls 3.12% on Heavy Volume: Watch For Potential Rebound (NYSE:LH)
www.mysmartrend.com - September 14 at 6:00 PM
News IconStock's Financial Statistics- Laboratory Corp. of America Holdings's (LH) - Hot Stocks Point (NYSE:LH)
www.hotstockspoint.com - September 14 at 10:08 AM
thestreet.com logoLabCorp's Zero Coupon Convertible Subordinated Notes Due 2021 To Accrue Contingent Interest (NYSE:LH)
www.thestreet.com - September 12 at 10:36 AM
rttnews.com logoLaboratory Corp Of America To Participate In Morgan Stanley Conference At 10:30 (NYSE:LH)
www.rttnews.com - September 12 at 10:36 AM
News IconOz Management Lp buys $331,941,328 stake in Laboratory Corp. of America Holdings (LH) (NYSE:LH)
www.nationaldailypress.com - September 11 at 10:06 AM
News IconStock Valuation Recap for Laboratory Corp. of America Holdings (NYSE:LH) - Post News (NYSE:LH)
www.kentuckypostnews.com - September 10 at 10:16 AM
finance.yahoo.com logoCoverage initiated on Laboratory Corp by Citigroup (NYSE:LH)
finance.yahoo.com - September 9 at 5:42 PM
News IconLaboratory Corporation of America Holdings (NYSE:LH) From The Analysts Point of View - National Daily Press (NYSE:LH)
www.nationaldailypress.com - September 9 at 10:39 AM
benzinga.com logoCiti Neutral On Lab Sector; Initiates On Quest Diagnostics, Labcorp - Benzinga (NYSE:LH)
www.benzinga.com - September 9 at 10:39 AM
News IconStock Trading Above Moving Averages: Laboratory Corp. of America ... - Post News (NYSE:LH)
www.kentuckypostnews.com - September 8 at 5:45 PM
businesswire.com logoLaboratory Corporation of America ® Holdings Successfully Completes Acquisition of Sequenom, Inc. - Business Wire (press release) (NYSE:LH)
www.businesswire.com - September 8 at 5:45 PM
publicnow.com logoLabCorp is Scheduled to Present at the Morgan Stanley Global Healthcare Conference (NYSE:LH)
www.publicnow.com - September 6 at 10:41 AM
News IconLaboratory Corp. of America Holdings (NYSE:LH) – Top Stock from Healthcare Sector - The Daily Leicester (NYSE:LH)
thedailyleicester.com - September 5 at 5:21 PM
capitalcube.com logoLaboratory Corp. of America Holdings breached its 50 day moving average in a Bullish Manner : LH-US : September 5, 2016 (NYSE:LH)
www.capitalcube.com - September 5 at 10:15 AM
News IconShares Slipping Lower Over the Past Month: Laboratory Corp. of America Holdings (NYSE:LH) - Post News (NYSE:LH)
www.kentuckypostnews.com - September 1 at 8:59 AM
benzinga.com logoBarclays Has 5 Takeaways From Meeting With Laboratory Corp Of America's Management (NYSE:LH)
www.benzinga.com - August 29 at 5:51 PM
capitalcube.com logoETF’s with exposure to Laboratory Corp. of America Holdings : August 29, 2016 (NYSE:LH)
www.capitalcube.com - August 29 at 5:51 PM
capitalcube.com logoLaboratory Corp. of America Holdings breached its 50 day moving average in a Bearish Manner : LH-US : August 26, 2016 (NYSE:LH)
www.capitalcube.com - August 26 at 8:57 AM
mysmartrend.com logoLaboratory Corp of America Holdings Shares Up 24.7% Since SmarTrend's Buy Recommendation (LH) (NYSE:LH)
www.mysmartrend.com - August 25 at 11:00 AM
News IconLaboratory Corp. of America Holdings (NYSE:LH) from Medical Laboratories & Research – Todays Top Gains (NYSE:LH)
twincountynews.com - August 25 at 11:00 AM
investornewswire.com logoLaboratory Corporation of America Holdings (NYSE:LH) Reports Sales Of $2430.7, Surprising Estimates By 4.238% - Investor Newswire (NYSE:LH)
www.investornewswire.com - August 23 at 6:08 PM
News IconLaboratory Corp. of America Holdings (NYSE:LH) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:LH)
voiceregistrar.com - August 23 at 10:19 AM
publicnow.com logoLabCorp’s Acquisition of Sequenom Clears Antitrust Review (NYSE:LH)
www.publicnow.com - August 23 at 10:19 AM
investornewswire.com logoWill Laboratory Corporation of America Holdings (NYSE:LH) Hit $160 Price Target? - Investor Newswire (NYSE:LH)
www.investornewswire.com - August 21 at 5:24 PM
News IconMedical Laboratories & Research: Laboratory Corp. of America Holdings (NYSE:LH) Position of the day (NYSE:LH)
twincountynews.com - August 19 at 5:54 PM
News IconLarge Cap Medical Laboratories & Research: Laboratory Corp. of America Holdings (NYSE:LH) (NYSE:LH)
twincountynews.com - August 17 at 6:08 PM
News IconTop Gainers of the Day: Laboratory Corp. of America Holdings (NYSE:LH) from Medical Laboratories & Research (NYSE:LH)
twincountynews.com - August 17 at 8:59 AM
News IconHow has Laboratory Corp. of America Holdings:(NYSE:LH ... - The Daily Leicester (NYSE:LH)
thedailyleicester.com - August 16 at 9:12 AM
investornewswire.com logoCan Laboratory Corporation of America Holdings (NYSE:LH) Meet Analyst Targets? - Investor Newswire (NYSE:LH)
www.investornewswire.com - August 15 at 8:06 AM
finance.yahoo.com logoHealthcare Growth Stocks in the S&P 500: Part 2 (NYSE:LH)
finance.yahoo.com - August 11 at 6:12 PM
News IconIs Laboratory Corp. of America Holdings (NYSE:LH), a large market cap stock a smart buy? (NYSE:LH)
twincountynews.com - August 11 at 9:02 AM
News IconLaboratory Corp. of America Holdings (NYSE:LH) Reveals $2.40-Per-Share Tender Offer For Sequenom, Inc ... - Journal Transcript (NYSE:LH)
www.journaltranscript.com - August 10 at 6:17 PM
mysmartrend.com logoLaboratory Corp of America Holdings Has Returned 26.6% Since SmarTrend Recommendation (LH) (NYSE:LH)
www.mysmartrend.com - August 10 at 8:54 AM
investornewswire.com logoLaboratory Corporation of America Holdings (NYSE:LH) Rating In Focus - Investor Newswire (NYSE:LH)
www.investornewswire.com - August 9 at 6:08 PM
stocksdaily.net logoLaboratory Corporation of America Holdings (NYSE:LH): The Buzzing Stock - Stocks Daily (NYSE:LH)
www.stocksdaily.net - August 9 at 8:59 AM

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Laboratory Corp. of America Holdings (NYSE:LH) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff