Labcorp Holdings Inc. (LH)
NYSE: LH · Real-Time Price · USD
238.55
+0.70 (0.29%)
Nov 21, 2024, 11:09 AM EST - Market open

Labcorp Holdings Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Labcorp Holdings stock have an average target of 256.14, with a low estimate of 230 and a high estimate of 289. The average target predicts an increase of 7.38% from the current stock price of 238.55.

Analyst Consensus: Buy
Target Low Average Median High
Price $230 $256.14 $260 $289
Change -3.58% +7.38% +8.99% +21.15%

Analyst Ratings

The average analyst rating for LH stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 446787
Buy 775444
Hold 334355
Sell 000000
Strong Sell 000000
Total 141415141716

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HSBC
HSBC
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Oct 30, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$235$240
Hold Maintains $235$240 +0.61% Oct 28, 2024
Barclays
Barclays
Hold
Maintains
$234$249
Hold Maintains $234$249 +4.38% Oct 25, 2024
Baird
Baird
Buy
Maintains
$282$289
Buy Maintains $282$289 +21.15% Oct 25, 2024
Barclays
Barclays
Hold
Maintains
$249$234
Hold Maintains $249$234 -1.91% Oct 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
13.38B
from 12.16B
Increased by 10.03%
Revenue Next Year
14.22B
from 13.38B
Increased by 6.26%
EPS This Year
14.96
from 4.77
Increased by 213.46%
EPS Next Year
16.50
from 14.96
Increased by 10.26%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
11.55B13.98B13.14B11.86B12.16B13.38B14.22B14.96B
Revenue Growth
1.95%20.98%-6.03%-9.68%2.51%10.03%6.26%5.19%
EPS
8.3515.8824.3913.974.7714.9616.5018.20
EPS Growth
-3.02%90.18%53.56%-42.73%-65.82%213.46%10.26%10.32%
Forward PE
-----15.9414.4613.11
No. Analysts -----232318
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 13.7B 14.7B 15.7B
Avg 13.4B 14.2B 15.0B
Low 12.7B 13.4B 14.0B

Revenue Growth

Revenue Growth 202420252026
High
12.4%
9.8%
10.3%
Avg
10.0%
6.3%
5.2%
Low
4.4%
-0.2%
-1.7%

EPS Forecast

EPS 202420252026
High 15.38 17.75 19.58
Avg 14.96 16.50 18.20
Low 14.08 15.44 16.50

EPS Growth

EPS Growth 202420252026
High
222.3%
18.6%
18.7%
Avg
213.5%
10.3%
10.3%
Low
195.1%
3.2%
0.0%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.