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

Laboratory Corporation 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 Corporation of America Holdings, LH  has a market cap of 13155.16. Since its IPO date on the 3/29/1990, Laboratory Corporation of America Holdings, LH performance year to date is 3.30%. Today Laboratory Corporation of America Holdings, LH has gained -0.61%, with a current price of 126.94.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 94.30%. The management of the company have seen the company have a payout ratio of 0.00%. Return of assets are at 5.00%, with return on investment at 6.30%.

In terms of debt levels and profit levels, Laboratory Corporation of America Holdings, LH is seeing a long-term debt/equity of 0.99. While Total debt/equity is 1.12. With a profit margin of 7.40%, this is combined with a gross margin of 32.90%, and operating margin of 13.60%. Laboratory Corporation of America Holdings ability to meet debt levels, with a current ratio of 1.4, while the quick ratio is 1.3.

For the last year Laboratory Corporation of America Holdings, LH has seen a EPS growth of -26.60%. A performance for the year of 5.08%. The 52-week high is -10.18%, and the 52-week low is 29.81%. The average volume for Laboratory Corporation of America Holdings, LH is 41494.

With a target price of 146.71, can Laboratory Corporation of America Holdings, LH reach this target? Looking at the value indicators of Laboratory Corporation of America Holdings, LH. Laboratory Corporation of America Holdings has a P/E of 20.15 and a forward P/E of 13.21. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.96. Laboratory Corporation of America Holdings also has a P/S and a P/B of 1.38 and 2.38 respectively. For P/cash, Laboratory Corporation of America Holdings has a value of 23.18, while it is 22.92 for P/free cash flow.

At the current price of 126.94, Laboratory Corporation of America Holdings has a dividend yield of *TBA. We see a return on equity of 13.60%.

Looking more long-term Laboratory Corporation of America Holdings, is projected to get an EPS growth for the next five years of 10.26%. In the short-term an EPS growth of 10.12% 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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Stephen Butters

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