Laboratory Co. of America Stock Forecast, Price & News

$260.19
+0.01 (+0.00 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$259.06
$261.59
50-Day Range
$253.12
$278.14
52-Week Range
$155.65
$280.69
Volume885,324 shs
Average Volume705,278 shs
Market Capitalization$25.42 billion
P/E Ratio9.67
Dividend YieldN/A
Beta1.04
30 days | 90 days | 365 days | Advanced Chart
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Laboratory Co. of America logo

About Laboratory Co. of America

Laboratory Corporation of America Holdings operates as an independent clinical laboratory company worldwide. It operates in two segments, Labcorp Diagnostics (Dx) and Labcorp Drug Development (DD). It offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, Pap tests, hemoglobin A1C and vitamin D products, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests. The company 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, parentage and donor testing; and occupational testing services, medical drug monitoring services, chronic disease programs, and kidney stone prevention tests. In addition, it provides online and mobile applications to enable patients to check test results; patient self-service apps; and online applications for managed care organizations. Further, it offers end-to-end drug development, medical device, and diagnostic development solutions from early-stage research to clinical development and commercial market access. The company primarily serves managed care organizations, biopharmaceutical companies, physicians and other healthcare providers, hospitals and health systems, governmental agencies, employers, patients and consumers, contract research organizations, crop protection and chemical companies, academic institutions, and independent clinical laboratories. The company was founded in 1971 and is headquartered in Burlington, North Carolina.

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MarketRank

Overall MarketRank

1.38 out of 5 stars

Medical Sector

753rd out of 2,100 stocks

Medical Laboratories Industry

13th out of 40 stocks

Analyst Opinion: 1.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Laboratory Co. of America (NYSE:LH) Frequently Asked Questions

Is Laboratory Co. of America a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Laboratory Co. of America in the last year. There are currently 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Laboratory Co. of America stock.
View analyst ratings for Laboratory Co. of America
or view top-rated stocks.

What stocks does MarketBeat like better than Laboratory Co. of America?

Wall Street analysts have given Laboratory Co. of America a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Laboratory Co. of America wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Laboratory Co. of America's next earnings date?

Laboratory Co. of America is scheduled to release its next quarterly earnings announcement on Tuesday, July 27th 2021.
View our earnings forecast for Laboratory Co. of America
.

How were Laboratory Co. of America's earnings last quarter?

Laboratory Co. of America Holdings (NYSE:LH) posted its quarterly earnings results on Wednesday, April, 28th. The medical research company reported $8.79 EPS for the quarter, topping the consensus estimate of $7.32 by $1.47. The medical research company earned $4.16 billion during the quarter, compared to the consensus estimate of $3.88 billion. Laboratory Co. of America had a trailing twelve-month return on equity of 34.07% and a net margin of 17.26%.
View Laboratory Co. of America's earnings history
.

How has Laboratory Co. of America's stock price been impacted by Coronavirus?

Laboratory Co. of America's stock was trading at $158.99 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LH stock has increased by 63.7% and is now trading at $260.19.
View which stocks have been most impacted by COVID-19
.

What guidance has Laboratory Co. of America issued on next quarter's earnings?

Laboratory Co. of America issued an update on its FY 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 20.000-24.000 for the period, compared to the Thomson Reuters consensus estimate of $21.320. The company issued revenue guidance of $14.26 billion-$14.89 billion, compared to the consensus revenue estimate of $14.25 billion.

What price target have analysts set for LH?

11 equities research analysts have issued 1-year price targets for Laboratory Co. of America's stock. Their forecasts range from $217.00 to $320.00. On average, they anticipate Laboratory Co. of America's share price to reach $276.08 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
View analysts' price targets for Laboratory Co. of America
or view top-rated stocks among Wall Street analysts.

Who are Laboratory Co. of America's key executives?

Laboratory Co. of America's management team includes the following people:
  • Mr. Adam H. Schechter, Pres, CEO & Chairman (Age 56, Pay $4.87M)
  • Mr. Glenn A. Eisenberg, CFO & Exec. VP (Age 60, Pay $1.98M)
  • Dr. Brian J. Caveney M.P.H., M.D., J.D., MPH, Exec. VP, Pres of Diagnostics & Chief Medical Officer (Age 47, Pay $1.37M)
  • Mr. Mark S. Schroeder, Exec. VP and Pres of Diagnostics Laboratory Operations & Global Supply Chain (Age 60, Pay $1.4M)
  • Dr. Paul R. Kirchgraber M.D., Exec. VP & CEO of Covance Drug Devel. (Age 59, Pay $1.4M)
  • Dr. Michelle Abelson, Laboratory Director of Operations
  • Mr. Peter J. Wilkinson, Sr. VP & Chief Accounting Officer (Age 50)
  • Mr. Lance V. Berberian, Exec. VP and Chief Information & Technology Officer (Age 58)
  • Dr. Marcia T. Eisenberg, Chief Scientific Officer & Sr. VP
  • Chas Cook, VP of Investor Relations

What is Adam Schechter's approval rating as Laboratory Co. of America's CEO?

143 employees have rated Laboratory Co. of America CEO Adam Schechter on Glassdoor.com. Adam Schechter has an approval rating of 73% among Laboratory Co. of America's employees.

Who are some of Laboratory Co. of America's key competitors?

What other stocks do shareholders of Laboratory Co. of America own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Laboratory Co. of America investors own include Gilead Sciences (GILD), Micron Technology (MU), Intel (INTC), Pfizer (PFE), Johnson & Johnson (JNJ), NVIDIA (NVDA), Abbott Laboratories (abt), AbbVie (ABBV), Alibaba Group (BABA) and Amgen (AMGN).

What is Laboratory Co. of America's stock symbol?

Laboratory Co. of America trades on the New York Stock Exchange (NYSE) under the ticker symbol "LH."

Who are Laboratory Co. of America's major shareholders?

Laboratory Co. of America's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.27%), Franklin Resources Inc. (1.81%), Geode Capital Management LLC (1.75%), Melvin Capital Management LP (1.54%), Dimensional Fund Advisors LP (1.43%) and JPMorgan Chase & Co. (1.41%). Company insiders that own Laboratory Co. of America stock include David P King, Der Vaart Sandra D Van, Glenn A Eisenberg, Jean-Luc Belingard, Judith C Seltz, Kerrii B Anderson, Lance Berberian, Lisa J Uthgenannt, Mark S Schroeder, Paul R Kirchgraber, Peter J Wilkinson and R Sanders Williams.
View institutional ownership trends for Laboratory Co. of America
.

Which institutional investors are selling Laboratory Co. of America stock?

LH stock was sold by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Assenagon Asset Management S.A., Glenview Capital Management LLC, Renaissance Technologies LLC, D. E. Shaw & Co. Inc., Lazard Asset Management LLC, Morgan Stanley, and Sectoral Asset Management Inc. Company insiders that have sold Laboratory Co. of America company stock in the last year include Der Vaart Sandra D Van, Jean-Luc Belingard, Mark S Schroeder, Paul R Kirchgraber, Peter J Wilkinson, and R Sanders Williams.
View insider buying and selling activity for Laboratory Co. of America
or view top insider-selling stocks.

Which institutional investors are buying Laboratory Co. of America stock?

LH stock was bought by a variety of institutional investors in the last quarter, including Viking Global Investors LP, Melvin Capital Management LP, Alliancebernstein L.P., Jana Partners LLC, BlackRock Inc., M&G Investment Management Ltd., AGF Investments Inc., and UBS Asset Management Americas Inc..
View insider buying and selling activity for Laboratory Co. of America
or or view top insider-buying stocks.

How do I buy shares of Laboratory Co. of America?

Shares of LH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Laboratory Co. of America's stock price today?

One share of LH stock can currently be purchased for approximately $260.19.

How much money does Laboratory Co. of America make?

Laboratory Co. of America has a market capitalization of $25.42 billion and generates $13.98 billion in revenue each year. The medical research company earns $1.56 billion in net income (profit) each year or $23.94 on an earnings per share basis.

How many employees does Laboratory Co. of America have?

Laboratory Co. of America employs 72,400 workers across the globe.

Does Laboratory Co. of America have any subsidiaries?

The following companies are subsidiares of Laboratory Co. of America: 1957285 Ontario Inc. dba Quality Underwriting Services, 2089729 Ontario Inc., 2248848 Ontario Inc., 3065619 Nova Scotia Company, 3257959 Nova Scotia Company, 896988 Ontario Limited, 9279-3280 Quebec Inc., Accupath Diagnostic Laboratories Inc., Alpha Medical Laboratory LLC, Assets of Pathology Inc, Beacon LBS IPA Inc., Beacon Laboratory Benefit Solutions Inc., CannAmm GP Inc., CannAmm Limited Partnership, Center for Disease Detection International, Center for Disease Detection LLC, Centrex Clinical Laboratories Inc., Clearstone Central Laboratories (U.S.) Inc., Clearstone Holdings (International) Ltd., Clipper Holdings Inc., Colorado Coagulation Consultants Inc., Colorado Laboratory Services LLC, Correlagen Diagnostics Inc., Covance Inc., Curalab Inc., Cytometry Associates Inc., Czura Thornton (Hong Kong) Limited, DCL Acquisition Inc., DCL Medical Laboratories LLC (DE), DCL Medical Laboratories LLC (FL), DCL Sub LLC, DIANON Systems Inc., DL Holdings Limited Partnership, Decision Diagnostics L.L.C. (aka DaVinici/Medicorp LLC), Diagnostic Services Inc., DynaLifeDX, Dynacare - Gamma Laboratory Partnership, Dynacare Company, Dynacare G.P. Inc., Dynacare Holdco LLC, Dynacare Laboratories Inc., Dynacare Laboratories Limited Partnership, Dynacare Northwest Inc., Dynacare Realty Inc., DynalifeDX Infrastructure Inc., Endocrine Sciences Inc., Esoterix Genetic Counseling LLC, Esoterix Genetic Laboratories LLC, Esoterix Inc., Execmed Health Services Inc., FirstSource Laboratory Solutions Inc., GDML Medical Laboratories Inc, Gamma Dynacare Central Medical Laboratories GP Inc., Gamma Dynacare Central Medical Laboratory Limited Partnership, HHLA Lab-In-An-Envelope LLC, Health Trans Services Inc., Home Healthcare Laboratory of America LLC, IDX Pathology Inc., Impact Genetics Corp, Impact Genetics Inc., Kaleida LabCorp LLC, Lab Delivery Service of New York City Inc., LabCorp BVBA, LabCorp Belgium Holdings Inc., LabCorp Central Laboratories (Canada) Inc., LabCorp Central Laboratories (China) Inc., LabCorp Central Laboratories (Singapore) Pte., LabCorp Development Company, LabCorp Employer Services Inc., LabCorp Health System Diagnostics LLC, LabCorp Indiana Inc., LabCorp Japan G.K., LabCorp Limited, LabCorp Michigan Inc., LabCorp Nebraska Inc., LabCorp Neon Ltd., LabCorp Neon Switzerland S.à.r.l., LabCorp Specialty Testing Billing Service Inc., LabCorp Specialty Testing Group Inc., LabCorp Staffing Solutions Inc., LabCorp Tennessee LLC, LabCorp UK Holdings Ltd., LabWest Inc., Laboratoire Bio-Medic Inc., Laboratory Corporation of America, Lifecodes Corporation, LipoScience Inc., Litholink Corporation, MEDTOX Scientific Inc., Medical Neurogenitics LLC, Medtox Diagnostics Inc., Medtox Laboratories Inc., Monogram Biosciences Inc., Monogram Biosciences UK Limited, NWT Inc., National Genetics Institute, New Brighton Business Center LLC, New Imaging Diagnostics LLC, New Molecular Diagnostics Ventures LLC, Orchid Cellmark Ltd., Orchid Cellmark ULC, PA Labs Inc., Path Lab Incorporated, Pathology Associates Medical Lab LLC, Pee Dee Pathology Associates Inc., Persys Technology Inc., Pixel by LabCorp, Princeton Diagnostic Laboratories of America Inc., Protedyne Corporation, ReliaGene Technologies Inc., SW/DL LLC, Saint Josephs-PAML LLC, Sequenom Biosciences (India) Pvt. Ltd., Sequenom Center for Molecular Medicine LLC, Sequenom Inc, Sequenom Inc., Southern Idaho Regional Laboratory, Tandem Labs Inc., The LabCorp Charitable Foundation, Tri-Cities Laboratory LLC, Viro-Med Laboratories Inc., and Yakima Medical Arts Inc..

When was Laboratory Co. of America founded?

Laboratory Co. of America was founded in 1976.

What is Laboratory Co. of America's official website?

The official website for Laboratory Co. of America is www.labcorp.com.

Where are Laboratory Co. of America's headquarters?

Laboratory Co. of America is headquartered at 358 South Main Street, BURLINGTON NC, 27215.

How can I contact Laboratory Co. of America?

Laboratory Co. of America's mailing address is 358 South Main Street, BURLINGTON NC, 27215. The medical research company can be reached via phone at 336-229-1127 or via email at [email protected]


This page was last updated on 6/19/2021 by MarketBeat.com Staff
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