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NYSE: LH
Laboratory Corp Of America Holdings Stock Forecast, Predictions & Price Target

Analyst price target for LH

Based on 9 analysts offering 12 month price targets for Laboratory Corp Of America Holdings.
Min Forecast
$210.00-4.15%
Avg Forecast
$240.00+9.54%
Max Forecast
$270.00+23.23%

Should I buy or sell LH stock?

Based on 9 analysts offering ratings for Laboratory Corp Of America Holdings.
Buy
Strong Buy
4 analysts 44.44%
Buy
2 analysts 22.22%
Hold
3 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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LH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-26
lockedlocked$00.00+00.00%2024-02-09
lockedlocked$00.00+00.00%2024-01-03
lockedlocked$00.00+00.00%2023-11-17
lockedlocked$00.00+00.00%2023-10-31
Bank of America
Top 12%
89
Strong BuyMaintains$230.00+4.97%2023-09-21
Baird
Top 18%
83
BuyMaintains$237.00+8.17%2023-09-18
Truist Securities
Bottom 6%
6
Strong BuyReiterates$270.00+23.23%2023-09-15
HSBC
Bottom 22%
22
HoldInitiates Coverage On$210.00-4.15%2023-09-06

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Forecast return on equity

Is LH forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.53%

Forecast return on assets

Is LH forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

LH revenue forecast

What is LH's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$12.8B+5.14%
Avg 2 year Forecast
$13.3B+9.19%
Avg 3 year Forecast
$14.2B+16.85%
LH's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LH earnings growth forecast

How is LH forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
118.89%
Industry
41.5%
Market
22.15%
LH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
LH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
LH's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

LH revenue growth forecast

How is LH forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
5.03%
Industry
6.42%
Market
10.84%
LH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LH's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LH vs Diagnostic & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
LH$219.10$240.00+9.54%Buy
WAT$346.76$290.83-16.13%Hold
ILMN$137.70$150.40+9.22%Buy
DGX$125.31$145.75+16.31%Buy
RVTY$108.51$116.10+6.99%Buy

Laboratory Of America Holdings Stock Forecast FAQ

Is Laboratory Of America Holdings Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: LH) stock is to Buy LH stock.

Out of 9 analysts, 4 (44.44%) are recommending LH as a Strong Buy, 2 (22.22%) are recommending LH as a Buy, 3 (33.33%) are recommending LH as a Hold, 0 (0%) are recommending LH as a Sell, and 0 (0%) are recommending LH as a Strong Sell.

If you're new to stock investing, here's how to buy Laboratory Of America Holdings stock.

What is LH's revenue growth forecast for 2024-2026?

(NYSE: LH) Laboratory Of America Holdings's forecast annual revenue growth rate of 5.03% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 6.42%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.84%.

Laboratory Of America Holdings's revenue in 2024 is $12,161,600,000.On average, 6 Wall Street analysts forecast LH's revenue for 2024 to be $1,075,402,594,900, with the lowest LH revenue forecast at $1,072,611,400,000, and the highest LH revenue forecast at $1,079,351,258,100. On average, 8 Wall Street analysts forecast LH's revenue for 2025 to be $1,116,761,965,700, with the lowest LH revenue forecast at $1,076,749,120,000, and the highest LH revenue forecast at $1,139,721,265,700.

In 2026, LH is forecast to generate $1,195,147,875,300 in revenue, with the lowest revenue forecast at $1,165,983,340,900 and the highest revenue forecast at $1,228,301,188,600.

What is LH's forecast return on assets (ROA) for 2024-2027?

(NYSE: LH) forecast ROA is N/A, which is lower than the forecast US Diagnostics & Research industry average of N/A.

What is LH's Price Target?

According to 9 Wall Street analysts that have issued a 1 year LH price target, the average LH price target is $240.00, with the highest LH stock price forecast at $270.00 and the lowest LH stock price forecast at $210.00.

On average, Wall Street analysts predict that Laboratory Of America Holdings's share price could reach $240.00 by Feb 26, 2025. The average Laboratory Of America Holdings stock price prediction forecasts a potential upside of 9.54% from the current LH share price of $219.10.

What is LH's forecast return on equity (ROE) for 2024-2027?

(NYSE: LH) forecast ROE is N/A, which is considered weak.
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