WallStreetZenWallStreetZen

How to Buy Laboratory Of America Holdings Stock

Laboratory Corp Of America Holdings

Laboratory Of America Holdings is a diagnostic & research company located in North Carolina, United States, which is part of the Healthcare sector, and is traded under the ticker LH on the NYSE exchange.

Laboratory Of America Holdings stock last closed at $216.57, up 1.43% from the previous day, and has decreased 1.46% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.05 percentage points. Laboratory Of America Holdings stock is currently +11.06% from its 52-week low of $195.01, and -10.99% from its 52-week high of $243.30.

At the moment, there are 84.1M shares of LH outstanding. The market capitalization of LH is $18.21B. In the last 24 hours, 430,692 LH shares were traded.

How to Buy Laboratory Of America Holdings Stock

Not sure how to invest in Laboratory Of America Holdings stock? Here's how.
  1. Figure out where to buy Laboratory Of America Holdings stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Laboratory Of America Holdings stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your payment method and add your information.
  4. Research Laboratory Of America Holdings stock: The Laboratory Of America Holdings ticker symbol is LH. Is Laboratory Of America Holdings stock a good investment? Should you buy shares of LH? How do LH's underlying business fundamentals look? Do top analysts think Laboratory Of America Holdings is a good buy? Why has LH's stock price moved recently? (Hint: Our stock analysis website can help you understand if LH is a good stock to buy).
  5. Make your LH buy order: Decide if you will purchase LH shares at the current market price or use a limit order to purchase LH stock at a particular price.
  6. Track your LH position: Create a watchlist to the latest updates on your new investment in Laboratory Of America Holdings stock.

Step 1: Figure out where to buy Laboratory Of America Holdings stock

You will need an online brokerage account in order to access the NYSE market and buy LH stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to global financial markets: From Technology to Real Estate, New York to Tokyo — you can fill your portfolio with stocks from the globe's leading exchanges.
  • Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your stock purchase by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Open your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to invest in LH stock today.

How to Create a New Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to start your new brokerage account.
  1. Send your details by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your brokerage account

Now that you have filled out your info on the best stock trading app for beginners, your next step is to transfer the money for your investment:

Watch the walkthrough below if you need help depositing money into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Laboratory Of America Holdings stock

After you have identified the best place to buy Laboratory Of America Holdings stock, it's important to analyze their stock before you invest, so you truly wrap your head around the risk as well as the upside.

Laboratory Of America Holdings Numbers

LH Price
$216.57
1w %
3.44%
1y %
-1.46%
5y %
43.51%
P/E
45.12x
P/B
2.31x
P/S
1.5x
PEG
0.38x
Revenue
$12.16B
Earnings
$418.00M
Fore. Rev. Growth
5.03%
Fore. Earn. Growth
118.89%
Market Cap
$18.21B
Next Earnings
Apr 23, 2024
Next Dividend
N/A

Laboratory Of America Holdings Overview

WallStreetZen was built to help average investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on LH's stock page.

Is LH stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge LH's intrinsic value.

Using relative valuations measures:

  • LH could be overvalued based on its P/E ratio of 45.12x, relative to Diagnostics & Research industry P/E ratio of 37.3x
  • LH could be undervalued based on its P/B ratio of 2.31x, relative to Diagnostics & Research industry P/B ratio of 4.36x
  • LH may be undervalued based on its PEG ratio of 0.38x

You can do more valuation analysis on LH's stock here.

LH Financial Overview

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the LH balance sheet.
  • LH's operating cash flow of $1.33B allows it to safely service it's debt of $5.95B.
  • Total LH debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • LH has a relatively high debt to equity ratio of 1.12.
  • There are more long-term liabilities than short-term assets on the LH balance sheet.
  • LH earnings of $806.10M is not enough to cover its interest payments.
  • LH profit margin has gone down from 10.8% to 3.4% in the past year.

Do Wall Street analysts think it's a good time to buy LH stock

Out of 5 Wall Street analysts who give ratings on LH, the consensus analyst rating on LH is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Laboratory Of America Holdings stock forecast page.

LH Trading Indicators

SMA10
211.65
SMA20
214.52
SMA50
219.22
SMA100
218.39
SMA200
215.07
MACD
-1.62
MACD Signal
-2.14
MACD Histogram
0.52
RSI
52.68
Stochastic %K
61.79
Stochastic %D
52.92
StochRSI %K
90.02
StochRSI %D
81.57

How are LH Revenues/Earnings doing?

Last year, LH earnings were $418.00M. In the past 5 year, LH's earnings have grown by -11.23% per year. This was slower than the Diagnostics & Research industry average of 12.69%.

Last year, LH revenue was $12.16B. In the last 5 year, LH's revenue has grown by 1.42% per year. This was slower than the Diagnostics & Research industry average of 10.96%.

Find out more about LH's earnings and revenue performance here.

Latest Insiders Trades at LH

In the last year, insiders at LH have sold more shares than they have bought.

Mark S. Schroeder, EVP Pres Diagnostics COO of LH, was the latest LH insider to sell. They sold $1,102,735.60 worth of LH shares on Mar 7, 2024.

Dig into more about who owns LH shares here.

Can I get consistent income from LH stock?

Laboratory Of America Holdings pays a dividend of 1.33%, compared to the Diagnostics & Research industry's average dividend yield of 1.6%. If you owned $1,000 worth of LH stock, you would have been paid $13.30 in the past year.

Laboratory Of America Holdings dividend payments have not consistently grown over the past decade but have remained stable.

Find more info about Laboratory Of America Holdings dividend yield and history here.

LH Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your LH buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, place a limit order.

Click the Open button and eToro will place your order.

If you need additional info about investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Track your LH position

Now that you own some LH shares, you'll want to stay up-to-date on your new investment.

Add LH to a watchlist to track your LH stock.

LH Feed

How to Buy Stock in Laboratory Of America Holdings

To summarize, here are the 6 steps to buy stock in Laboratory Of America Holdings:

  1. Figure out where to buy Laboratory Of America Holdings stock
  2. Open your brokerage account
  3. Put funds into your brokerage account
  4. Research Laboratory Of America Holdings stock
  5. Make your LH buy order
  6. Track your LH position

If you are looking for a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Laboratory Of America Holdings, hit the button below to create your watchlist.

NYSE: LH
$216.57+3.05 (+1.43%)
Updated Mar 27, 2024
Open eToro Account
NYSE: LH
$216.57+3.05 (+1.43%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Laboratory Of America Holdings share?

As of Mar 27, 2024, it costs $216.57 to buy one share of Laboratory Of America Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.462 shares of LH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Laboratory Of America Holdings stock?

According to 5 Wall Street analysts who monitor Laboratory Of America Holdings, their consensus recommendation is to buy Laboratory Of America Holdings stock.

What is the best way to buy Laboratory Of America Holdings stock?

One way to place an order for Laboratory Of America Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.