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Laboratory Corp. of America Holdings (NYSE: LH) – Is this large market cap stock undervalued?

Laboratory Corp. of America Holdings (NYSE: LH), is firmly in the large market cap category with market cap of 13952.34. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Laboratory Corp. of America Holdings is 136.4 (with a change from open of 0.45%), this in conjunction with a target price of 152.03. Volume today has so far reached 143636, with an average volume of about 652.68. The GAP for this stock, is -0.53%.

The P/E ratio is 22.57, bringing the forward P/E to a value of 13.97. The current EPS for Laboratory Corp. of America Holdings, is 6.05, with a EPS growth for this year coming to a value of -26.60%. Performance has been interesting with performance year to date coming to 10.42%.

Looking further into the growth statistics for Laboratory Corp. of America Holdings, EPS is looking like it will grow 10.87% in the next year. Looking even further it is projected to be 10.08%. Quarter over quarter is 14.90% for EPS growth and for sales growth quarter over quarter it is 7.10%. Looking at past EPS growth statistics we see that for the past five years it has been -3.90%. Sales growth for the past five years has in fact been 11.60%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 95.50%. Shares outstanding is 102.2, while shares float is at a value of 101.94. Float short for Laboratory Corp. of America Holdings is 3.06% and the short ratio is 4.78.

In terms of debt, long term debt/equity is 1.12, while the total debt/equity comes to 1.14. The ability to meet these debts, means that the current ratio is 2.1, and the quick ratio is 1.9. The most recent gross margin is 33.00% and their operating margin is 12.90%. The profit margin is 6.60%.

Laboratory Corp. of America Holdings has seen returns on assets of 4.40%, and on investment, 6.30%. Return on equity is 12.40%. Price/Earnings to growth ratio is 2.24. Price/Sales ratio is at a value of 1.48, with Price/book ratio coming to 2.63 and Price/cash is 21.81, and finally Price/Free cash Flow is 16.46.

The simple moving averages are -0.81% and 8.80% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -3.48% and the 52 week low is 39.48%.

Laboratory Corp. of America Holdings has a dividend yield of *TBA, with a current price of 136.4. The ability to pay this means the payout ratio is 0.00%. This is in an industry, Medical Laboratories & Research, with equally high dividends from other companies in this sector, which it is Healthcare. Laboratory Corp. of America Holdings is based in USA.

Performance in the Medical Laboratories & Research industry means that Laboratory Corp. of America Holdings has seen performance for the past week of -0.08%, with performance for the month coming to 2.38%. Looking at the data for the quarter it is at a value of 0.15%, and for the half year the performance is 22.88%. Volatility for this week is 1.38% and for the month this is 1.38%.

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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Mark Hines

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