Labcorp Holdings Inc. (LH)
NYSE: LH · Real-Time Price · USD
228.61
+1.64 (0.72%)
Dec 20, 2024, 4:00 PM EST - Market closed
Labcorp Holdings Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Labcorp Holdings stock have an average target of 258.29, with a low estimate of 230 and a high estimate of 289. The average target predicts an increase of 12.98% from the current stock price of 228.61.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 6 | 7 | 8 | 8 | 7 |
| Buy | 7 | 5 | 4 | 4 | 4 | 4 |
| Hold | 3 | 4 | 3 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 14 | 17 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $260 → $270 | Buy | Maintains | $260 → $270 | +18.11% | Dec 17, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $262 → $271 | Strong Buy | Maintains | $262 → $271 | +18.54% | Dec 13, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $275 | Strong Buy | Initiates | $275 | +20.29% | Dec 10, 2024 |
| HSBC | HSBC | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Oct 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $235 → $240 | Hold | Maintains | $235 → $240 | +4.98% | Oct 28, 2024 |
Financial Forecast
Revenue This Year
13.38B
from 12.16B
Increased by 9.99%
Revenue Next Year
14.21B
from 13.38B
Increased by 6.20%
EPS This Year
14.95
from 4.77
Increased by 213.32%
EPS Next Year
16.50
from 14.95
Increased by 10.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.7B | 14.7B | 15.7B | ||
| Avg | 13.4B | 14.2B | 14.9B | ||
| Low | 12.7B | 13.4B | 13.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.3% | 9.8% | 10.4% | ||
| Avg | 10.0% | 6.2% | 4.9% | ||
| Low | 4.4% | -0.2% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.33 | 17.75 | 19.58 | ||
| Avg | 14.95 | 16.50 | 18.13 | ||
| Low | 14.08 | 15.44 | 16.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 221.2% | 18.7% | 18.7% | ||
| Avg | 213.3% | 10.3% | 9.9% | ||
| 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.