LH Statistics
Total Valuation
LH has a market cap or net worth of $17.49 billion. The enterprise value is $22.91 billion.
| Market Cap | 17.49B |
| Enterprise Value | 22.91B |
Important Dates
The next confirmed earnings date is Thursday, April 25, 2024, before market open.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | May 28, 2024 |
Share Statistics
LH has 84.10 million shares outstanding. The number of shares has decreased by -4.18% in one year.
| Shares Outstanding | 84.10M |
| Shares Change (YoY) | -4.18% |
| Shares Change (QoQ) | -4.18% |
| Owned by Insiders (%) | 0.35% |
| Owned by Institutions (%) | 98.97% |
| Float | 83.66M |
Valuation Ratios
The trailing PE ratio is 43.59 and the forward PE ratio is 13.62. LH's PEG ratio is 0.48.
| PE Ratio | 43.59 |
| Forward PE | 13.62 |
| PS Ratio | 1.44 |
| Forward PS | 1.33 |
| PB Ratio | 2.22 |
| P/FCF Ratio | 20.01 |
| PEG Ratio | 0.48 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.76, with an EV/FCF ratio of 26.20.
| EV / Earnings | 54.80 |
| EV / Sales | 1.88 |
| EV / EBITDA | 14.76 |
| EV / EBIT | 28.41 |
| EV / FCF | 26.20 |
Financial Position
The company has a current ratio of 1.17, with a Debt / Equity ratio of 0.76.
| Current Ratio | 1.17 |
| Quick Ratio | 0.82 |
| Debt / Equity | 0.76 |
| Debt / EBITDA | 3.84 |
| Debt / FCF | 6.81 |
| Interest Coverage | 4.04 |
Financial Efficiency
Return on equity (ROE) is 4.80% and return on invested capital (ROIC) is 3.62%.
| Return on Equity (ROE) | 4.80% |
| Return on Assets (ROA) | 2.30% |
| Return on Capital (ROIC) | 3.62% |
| Revenue Per Employee | $181,516 |
| Profits Per Employee | $6,239 |
| Employee Count | 67,000 |
| Asset Turnover | 0.68 |
| Inventory Turnover | 18.61 |
Taxes
In the past 12 months, LH has paid $188.50 million in taxes.
| Income Tax | 188.50M |
| Effective Tax Rate | 31.08% |
Stock Price Statistics
The stock price has increased by +4.10% in the last 52 weeks. The beta is 1.00, so LH's price volatility has been similar to the market average.
| Beta (1Y) | 1.00 |
| 52-Week Price Change | +4.10% |
| 50-Day Moving Average | 212.87 |
| 200-Day Moving Average | 213.20 |
| Relative Strength Index (RSI) | 48.78 |
| Average Volume (30 Days) | 750,372 |
Short Selling Information
The latest short interest is 1.92 million, so 2.29% of the outstanding shares have been sold short.
| Short Interest | 1.92M |
| Short Previous Month | 2.13M |
| Short % of Shares Out | 2.29% |
| Short % of Float | 2.30% |
| Short Ratio (days to cover) | 2.49 |
Income Statement
In the last 12 months, LH had revenue of $12.16 billion and earned $418.00 million in profits. Earnings per share was $4.77.
| Revenue | 12.16B |
| Gross Profit | 3.36B |
| Operating Income | 725.60M |
| Pretax Income | 606.50M |
| Net Income | 418.00M |
| EBITDA | 1.55B |
| EBIT | 806.10M |
| Earnings Per Share (EPS) | $4.77 |
Balance Sheet
The company has $536.80 million in cash and $5.95 billion in debt, giving a net cash position of -$5.42 billion or -$64.42 per share.
| Cash & Cash Equivalents | 536.80M |
| Total Debt | 5.95B |
| Net Cash | -5.42B |
| Net Cash Per Share | -$64.42 |
| Equity / Book Value | 7.88B |
| Book Value Per Share | 93.64 |
| Working Capital | 540.20M |
Cash Flow
In the last 12 months, operating cash flow was $1.33 billion and capital expenditures -$453.60 million, giving a free cash flow of $874.10 million.
| Operating Cash Flow | 1.33B |
| Capital Expenditures | -453.60M |
| Free Cash Flow | 874.10M |
| FCF Per Share | $10.30 |
Margins
Gross margin is 27.67%, with operating and profit margins of 5.97% and 3.44%.
| Gross Margin | 27.67% |
| Operating Margin | 5.97% |
| Pretax Margin | 4.99% |
| Profit Margin | 3.44% |
| EBITDA Margin | 12.76% |
| EBIT Margin | 6.63% |
| FCF Margin | 7.19% |
Dividends & Yields
This stock pays an annual dividend of $2.88, which amounts to a dividend yield of 1.39%.
| Dividend Per Share | $2.88 |
| Dividend Yield | 1.39% |
| Dividend Growth (YoY) | 16.41% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 60.38% |
| Buyback Yield | 4.18% |
| Shareholder Yield | 5.56% |
| Earnings Yield | 2.39% |
| FCF Yield | 5.00% |
Analyst Forecast
The average price target for LH is $243.42, which is 17.06% higher than the current price. The consensus rating is "Buy".
| Price Target | $243.42 |
| Price Target Difference | 17.06% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 0.46% |
| EPS Growth Forecast (5Y) | 41.06% |
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 2.77 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.77 |
| Piotroski F-Score | 7 |