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NYSE: LH

How to Buy Laboratory Of America Holdings Stock

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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 $210.43, down 0.58% from the previous day, and has decreased 27.62% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.11 percentage points. Laboratory Of America Holdings stock is currently +0.87% from its 52-week low of $208.61, and -33.65% from its 52-week high of $317.17.

At the moment, there are 90.4M shares of LH outstanding. The market capitalization of LH is $19.02B. In the last 24 hours, 482,671 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. It's the best place to buy LH stock.
  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:

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

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Step 2: Open your brokerage account

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

How to Open a New Account on eToro

  1. Click here to get started.
  2. Input your personal details to start your new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Check out the video below to see the process of transferring money into your new investment account.

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Step 4: Research Laboratory Of America Holdings stock

It's critical to evaluate stocks prior to buying, so you truly understand the risk and upside.

Laboratory Of America Holdings shares data

LH Price
$210.43
1w %
-5.87%
1y %
-27.62%
5y %
39.52%
P/E
9.99x
P/B
1.83x
P/S
1.21x
PEG
N/A
Revenue
$15.72B
Earnings
$1.99B
Fore. Rev. Growth
-1.11%
Fore. Earn. Growth
-4.68%
Market Cap
$19.02B
Next Earnings
Oct 26, 2022
Next Dividend
N/A

Laboratory Of America Holdings Due Diligence Checks

WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.

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

Is LH stock undervalued?

Investors use many financial metrics, analyses, models, and charts to gauge LH's fair value.

Using relative valuations measures:

  • LH may be undervalued based on its P/E ratio of 9.99x, relative to Diagnostics & Research industry P/E ratio of -57.71x
  • LH could be undervalued based on its P/B ratio of 1.83x, relative to Diagnostics & Research industry P/B ratio of 3.82x

You can access additional valuation research on LH's stock here.

A quick look at LH Financials

Positive Health Checks:

  • LH earnings of $2.74B is not enough to cover its interest payments.
  • Total LH debt is lower than 5 years ago, relative to shareholder equity.
  • LH's operating cash flow of $2.39B allows it to safely service it's debt of $6.32B.
  • There are more short-term assets than short-term liabilities on the LH balance sheet.

Negative Health Checks:

  • LH has a relatively high debt to equity ratio of 0.96.
  • LH profit margin has gone down from 17.6% to 12.7% in the past year.
  • There are more long-term liabilities than short-term assets on the LH balance sheet.

Is LH stock a Buy, Hold, or Sell?

Out of 8 Equities analysts who give forecasts on LH, the consensus analyst rating on Laboratory Of America Holdings is a Strong Buy

Should I buy or sell LH stock?

Based on 8 analysts offering ratings for Laboratory Corp Of America Holdings.
Strong Buy
Strong Buy
5 analysts 62.5%
Buy
2 analysts 25%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Latest LH Analyst Ratings

Erin Wright, a top 4% analyst from Morgan Stanley assumes LH with a strong buy rating and announces their LH price target of $300.00, on Aug 22, 2022.

A.J. Rice, a top 5% analyst from Credit Suisse maintains LH with a buy rating and lowers their LH price target from $312.00 to $308.00, on Aug 1, 2022.

Ann Hynes, a top 33% analyst from Mizuho maintains LH with a strong buy rating and lowers their LH price target from $323.00 to $296.00, on Jul 29, 2022.

Ricky Goldwasser, a top 2% analyst from Morgan Stanley maintains LH with a strong buy rating and lowers their LH price target from $360.00 to $300.00, on May 25, 2022.

Pito Chickering, a bottom 18% analyst from Deutsche Bank maintains LH with a hold rating and lowers their LH price target from $294.00 to $265.00, on May 3, 2022.

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

Metrics for Advanced LH Traders

SMA10
219.18
SMA20
225.17
SMA50
239.97
SMA100
240.22
SMA200
258.13
MACD
-7.62
MACD Signal
-6.19
MACD Histogram
-1.42
RSI
27.21
Stochastic %K
7.7
Stochastic %D
6.48
StochRSI %K
0
StochRSI %D
2.37

LH Earnings

Last year, LH earnings were $1.99B. Over the last five year, LH's earnings have grown by 24.98% per year. This was slower than the Diagnostics & Research industry average of 31.88%.

Last year, LH revenue was $15.72B. In the past 5 year, LH's revenue has increased by 10.14% per year. This was slower than the Diagnostics & Research industry average of 16.64%.

Dig into LH's earnings and revenue performance here.

What are LH insiders up to?

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

Brian J. Caveney, EVP President of Diagnostics of LH, was the latest LH insider to buy. They bought $10,172.80 worth of LH stock on Sep 7, 2022.

Research more about who owns LH stock here.

Can I rely on LH as an income stream?

Laboratory Of America Holdings pays a dividend of 0.68%, compared to the Diagnostics & Research industry's average dividend yield of 1.71%. If you owned $1,000 worth of LH stock, you would have received $6.84 in the past year.

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

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

What do other traders have to say about LH?

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your LH buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, use a limit order.

Press the Open Trade button and your broker will place your order.

If you require additional info about investing in stocks on eToro, click the helpful video below:

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Step 6: Track your LH position

Now that you own some LH stock, you'll want to keep up with your new investment.

Put LH on a watchlist to track the most important metrics related to your LH stock.

LH Feed

How to Buy Stock in Laboratory Of America Holdings

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

  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 need a online brokerage, eToro is our favorite option.

Get Started with eToro Today

If you want to get notifications regarding your new investment in Laboratory Of America Holdings, create a watchlist on WallStreetZen today.

NYSE: LH
$210.43-1.23 (-0.58%)
Updated Sep 26, 2022
Open eToro Account
NYSE: LH
$210.43-1.23 (-0.58%)
Updated Sep 26, 2022
Open eToro Account

FAQ

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

As of Sep 26, 2022, it costs $210.43 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 0.475 shares of LH.

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

According to 8 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?

The best way to buy Laboratory Of America Holdings stock is within a brokerage account on eToro.
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.