Labcorp Holdings Inc. (LH)

Labcorp Holdings Stock Forecast

Stock Price Forecast

The 13 analysts with 12-month price forecasts for Labcorp Holdings stock have an average target of 241.46, with a low estimate of 210 and a high estimate of 270. The average target predicts an increase of 14.24% from the current stock price of 211.37.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$241.46	$243	$270
Change	-0.65%	+14.24%	+14.96%	+27.74%

Analyst Ratings

The average analyst rating for LH stock from 14 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	3	4	4	4	4	4
Buy	6	6	6	7	7	7
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	13	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Elizabeth Anderson Evercore ISI Group	Evercore ISI Group	Hold Maintains $210 → $215	Hold	Maintains	$210 → $215	+1.72%	Jul 9, 2024
Eric Coldwell Baird	Baird	Buy Maintains $258 → $261	Buy	Maintains	$258 → $261	+23.48%	Jul 8, 2024
Eric Coldwell Baird	Baird	Buy Maintains $256 → $258	Buy	Maintains	$256 → $258	+22.06%	Jun 13, 2024
Lisa Gill JP Morgan	JP Morgan	Buy Maintains $261 → $243	Buy	Maintains	$261 → $243	+14.96%	May 30, 2024
Ryan MacDonald Truist Securities	Truist Securities	Strong Buy Maintains $270 → $255	Strong Buy	Maintains	$270 → $255	+20.64%	Apr 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

13.22B

Increased by 8.67%

from 12.16B

Revenue Next Year

13.21B

Decreased by -0.03%

from 13.22B

EPS This Year

15.28

Increased by 220.44%

from 4.77

EPS Next Year

15.28

Decreased by -0.02%

from 15.28

Year	2019	2020	2021	2022	2023	2024	2024	2025	2025	2026	2026	2027	2028
Revenue	11.55B	13.98B	13.14B	11.86B	12.16B	13.22B	13.21B	13.89B	13.92B	14.66B	14.61B	13.90B	14.20B
Revenue Growth	1.95%	20.98%	-6.03%	-9.68%	2.51%	8.67%	-0.03%	5.15%	0.22%	5.30%	-0.35%	-4.86%	2.17%
EPS	8.35	15.88	24.39	13.97	4.77	15.28	15.28	16.42	16.39	18.16	18.14	18.92	19.58
EPS Growth	-3.02%	90.18%	53.59%	-42.72%	-65.86%	220.44%	-0.02%	7.45%	-0.17%	10.76%	-0.07%	4.28%	3.48%
Forward PE	-	-	-	-	-	13.83	13.83	12.87	12.89	11.64	11.65	11.17	10.80
No. Analysts	-	-	-	-	-	21	21	21	21	15	15	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.5B	14.6B	15.4B	14.2B	14.5B
Avg	13.2B	13.9B	14.6B	13.9B	14.2B
Low	12.5B	13.1B	13.4B	13.2B	13.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	11.3%	10.3%	11.0%	-3.0%	4.1%
Avg	8.6%	5.4%	4.9%	-4.9%	2.2%
Low	2.9%	-1.1%	-3.6%	-9.5%	-2.8%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	15.71	17.50	19.20	19.29	19.96
Avg	15.28	16.39	18.14	18.92	19.58
Low	14.32	14.95	16.58	18.00	18.63

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	229.3%	14.5%	17.1%	6.3%	5.5%
Avg	220.4%	7.3%	10.7%	4.3%	3.5%
Low	200.2%	-2.2%	1.2%	-0.8%	-1.5%

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.