Labcorp Holdings Statistics
Total Valuation
LH has a market cap or net worth of $17.82 billion. The enterprise value is $23.69 billion.
Market Cap | 17.82B |
Enterprise Value | 23.69B |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, before market open.
Earnings Date | Aug 1, 2024 |
Ex-Dividend Date | May 28, 2024 |
Share Statistics
LH has 84.29 million shares outstanding. The number of shares has decreased by -4.97% in one year.
Shares Outstanding | 84.29M |
Shares Change (YoY) | -4.97% |
Shares Change (QoQ) | -0.94% |
Owned by Insiders (%) | 0.35% |
Owned by Institutions (%) | 96.82% |
Float | 83.87M |
Valuation Ratios
The trailing PE ratio is 41.77 and the forward PE ratio is 13.63. LH's PEG ratio is 0.48.
PE Ratio | 41.77 |
Forward PE | 13.63 |
PS Ratio | 1.45 |
Forward PS | 1.35 |
PB Ratio | 2.24 |
P/FCF Ratio | 26.08 |
PEG Ratio | 0.48 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.25, with an EV/FCF ratio of 34.67.
EV / Earnings | 54.69 |
EV / Sales | 1.93 |
EV / EBITDA | 15.25 |
EV / EBIT | 28.79 |
EV / FCF | 34.67 |
Financial Position
The company has a current ratio of 0.88, with a Debt / Equity ratio of 0.75.
Current Ratio | 0.88 |
Quick Ratio | 0.58 |
Debt / Equity | 0.75 |
Debt / EBITDA | 3.84 |
Debt / FCF | 8.74 |
Interest Coverage | 4.20 |
Financial Efficiency
Return on equity (ROE) is 5.30% and return on invested capital (ROIC) is 3.56%.
Return on Equity (ROE) | 5.30% |
Return on Assets (ROA) | 2.60% |
Return on Capital (ROIC) | 3.56% |
Revenue Per Employee | $183,588 |
Profits Per Employee | $6,464 |
Employee Count | 67,000 |
Asset Turnover | 0.73 |
Inventory Turnover | 18.59 |
Taxes
In the past 12 months, LH has paid $193.70 million in taxes.
Income Tax | 193.70M |
Effective Tax Rate | 30.90% |
Stock Price Statistics
The stock price has decreased by -2.64% in the last 52 weeks. The beta is 1.03, so LH's price volatility has been similar to the market average.
Beta (5Y) | 1.03 |
52-Week Price Change | -2.64% |
50-Day Moving Average | 203.50 |
200-Day Moving Average | 210.91 |
Relative Strength Index (RSI) | 59.07 |
Average Volume (20 Days) | 543,788 |
Short Selling Information
The latest short interest is 1.94 million, so 2.30% of the outstanding shares have been sold short.
Short Interest | 1.94M |
Short Previous Month | 2.34M |
Short % of Shares Out | 2.30% |
Short % of Float | 2.31% |
Short Ratio (days to cover) | 2.68 |
Income Statement
In the last 12 months, LH had revenue of $12.30 billion and earned $433.10 million in profits. Earnings per share was $5.06.
Revenue | 12.30B |
Gross Profit | 3.41B |
Operating Income | 717.10M |
Pretax Income | 626.80M |
Net Income | 433.10M |
EBITDA | 1.55B |
EBIT | 822.60M |
Earnings Per Share (EPS) | $5.06 |
Balance Sheet
The company has $99.30 million in cash and $5.97 billion in debt, giving a net cash position of -$5.87 billion or -$69.63 per share.
Cash & Cash Equivalents | 99.30M |
Total Debt | 5.97B |
Net Cash | -5.87B |
Net Cash Per Share | -$69.63 |
Equity (Book Value) | 7.96B |
Book Value Per Share | 94.43 |
Working Capital | -485.00M |
Cash Flow
In the last 12 months, operating cash flow was $1.18 billion and capital expenditures -$493.50 million, giving a free cash flow of $683.20 million.
Operating Cash Flow | 1.18B |
Capital Expenditures | -493.50M |
Free Cash Flow | 683.20M |
FCF Per Share | $8.12 |
Margins
Gross margin is 27.74%, with operating and profit margins of 5.83% and 3.52%.
Gross Margin | 27.74% |
Operating Margin | 5.83% |
Pretax Margin | 5.10% |
Profit Margin | 3.52% |
EBITDA Margin | 12.62% |
EBIT Margin | 6.69% |
FCF Margin | 5.55% |
Dividends & Yields
This stock pays an annual dividend of $2.88, which amounts to a dividend yield of 1.36%.
Dividend Per Share | $2.88 |
Dividend Yield | 1.36% |
Dividend Growth (YoY) | 16.41% |
Years of Dividend Growth | 2 |
Payout Ratio | 56.92% |
Buyback Yield | 4.97% |
Shareholder Yield | 6.33% |
Earnings Yield | 2.43% |
FCF Yield | 3.83% |
Analyst Forecast
The average price target for LH is $241.46, which is 14.24% higher than the current price. The consensus rating is "Buy".
Price Target | $241.46 |
Price Target Difference | 14.24% |
Analyst Consensus | Buy |
Analyst Count | 14 |
Revenue Growth Forecast (5Y) | 1.96% |
EPS Growth Forecast (5Y) | 19.31% |
Stock Splits
The last stock split was on July 3, 2023. It was a forward split with a ratio of 1164:1000.
Last Split Date | Jul 3, 2023 |
Split Type | Forward |
Split Ratio | 1164:1000 |
Scores
LH has an Altman Z-Score of 2.8 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 2.8 |
Piotroski F-Score | 7 |