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A look at a High Market Cap Stock: Laboratory Corp. of America Holdings, LH

Laboratory Corp. of America Holdings, LH is in the exchange NYSE and its industry is Medical Laboratories & Research in the sector of Healthcare. Based in USA, Laboratory Corp. of America Holdings, LH  has a market cap of 14229.22. Since its IPO date on the 3/29/1990, Laboratory Corp. of America Holdings, LH performance year to date is 11.96%. Today Laboratory Corp. of America Holdings, LH has gained -0.14%, with a current price of 138.23.

Ownership of the company is 0.30% for insider ownership while institutional ownership is 94.80%. The management of the company have seen the company have a payout ratio of 0.00%. Return of assets are at 4.40%, with return on investment at 6.30%.

In terms of debt levels and profit levels, Laboratory Corp. of America Holdings, LH is seeing a long-term debt/equity of 1.12. While Total debt/equity is 1.14. With a profit margin of 6.60%, this is combined with a gross margin of 33.00%, and operating margin of 12.90%. Laboratory Corp. of America Holdings ability to meet debt levels, with a current ratio of 2.1, while the quick ratio is 1.9.

For the last year Laboratory Corp. of America Holdings, LH has seen a EPS growth of -26.60%. A performance for the year of 15.07%. The 52-week high is -2.19%, and the 52-week low is 41.35%. The average volume for Laboratory Corp. of America Holdings, LH is 292911.

With a target price of 150.1, can Laboratory Corp. of America Holdings, LH reach this target? Looking at the value indicators of Laboratory Corp. of America Holdings, LH. Laboratory Corp. of America Holdings has a P/E of 22.88 and a forward P/E of 14.22. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.27. Laboratory Corp. of America Holdings also has a P/S and a P/B of 1.51 and 2.66 respectively. For P/cash, Laboratory Corp. of America Holdings has a value of 22.25, while it is 16.78 for P/free cash flow.

At the current price of 138.23, Laboratory Corp. of America Holdings has a dividend yield of *TBA. We see a return on equity of 12.40%.

Looking more long-term Laboratory Corp. of America Holdings, is projected to get an EPS growth for the next five years of 10.08%. In the short-term an EPS growth of 10.39% in the next year is forecasted. This is after a EPS growth of -26.60% for this year and for the last five years a -3.90% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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