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NYSE: LH
LABORATORY CORP OF AMERICA HOLDINGS Stock Forecast, Predictions & Price Target

Analyst price target for LH

Based on 8 analysts offering 12 month price targets for LABORATORY CORP OF AMERICA HOLDINGS.
Min Forecast
$265.00+2.76%
Avg Forecast
$324.75+25.94%
Max Forecast
$368.00+42.71%

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%

LH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Top 3%
98
Strong BuyMaintains$300.00+16.34%2022-05-25
Deutsche Bank
Bottom 20%
20
HoldMaintains$265.00+2.76%2022-05-03
Credit Suisse
Top 5%
96
BuyMaintains$312.00+20.99%2022-05-02
Wells Fargo
Top 44%
57
Strong BuyMaintains$315.00+22.15%2022-04-25
Credit Suisse
Bottom 7%
7
BuyMaintains$344.00+33.40%2022-02-11
Mizuho
Top 12%
89
Strong BuyMaintains$354.00+37.28%2021-12-20Find out why
Anonymous
Morgan Stanley
Strong BuyMaintains$380.00+47.36%2021-12-17
Wells Fargo
Top 6%
95
Strong BuyMaintains$340.00+31.85%2021-12-14Find out why
Morgan Stanley
Top 34%
67
Strong BuyMaintains$368.00+42.71%2021-08-31

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Forecast return on equity

Is LH forecast to generate an efficient return?
Company
17.09%
Industry
75.73%
Market
38.7%
LH's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LH forecast to generate an efficient return on assets?
Company
8.84%
Industry
11.77%
LH is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LH earnings per share forecast

What is LH's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$19.85-9.69%
Avg 2 year Forecast
$18.19-17.24%
Avg 3 year Forecast
$19.76-10.1%
LH's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

LH revenue forecast

What is LH's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$15.4B-2.82%
Avg 2 year Forecast
$15.4B-3.07%
Avg 3 year Forecast
$16.1B+1.43%
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
-7.15%
Industry
13.76%
Market
16.37%
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
-0.95%
Industry
5.71%
Market
8.39%
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 Diagnostics & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
LH$257.87$324.75+25.94%Strong Buy
PHG$25.54N/AN/ABuy
WAT$335.06$346.00+3.27%Hold
PKI$156.18$166.67+6.71%Hold
DXCM$289.08$520.75+80.14%Strong Buy

LABORATORY OF AMERICA HOLDINGS Stock Forecast FAQ

Is LABORATORY OF AMERICA HOLDINGS Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: LH) stock is to Strong Buy LH stock.

Out of 8 analysts, 5 (62.5%) are recommending LH as a Strong Buy, 2 (25%) are recommending LH as a Buy, 1 (12.5%) are recommending LH as a Hold, 0 (0%) are recommending LH as a Sell, and 0 (0%) are recommending LH as a Strong Sell.

What is LH's earnings growth forecast for 2022-2024?

(NYSE: LH) LABORATORY OF AMERICA HOLDINGS's forecast annual earnings growth rate of -7.15% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 13.76%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.37%.

LABORATORY OF AMERICA HOLDINGS's earnings in 2022 is $2,099,300,000.On average, 7 Wall Street analysts forecast LH's earnings for 2022 to be $1,840,095,000, with the lowest LH earnings forecast at $1,775,205,000, and the highest LH earnings forecast at $1,913,328,000. On average, 7 Wall Street analysts forecast LH's earnings for 2023 to be $1,686,213,000, with the lowest LH earnings forecast at $1,611,126,000, and the highest LH earnings forecast at $1,742,760,000.

In 2024, LH is forecast to generate $1,831,752,000 in earnings, with the lowest earnings forecast at $1,826,190,000 and the highest earnings forecast at $1,836,387,000.

What is LH's revenue growth forecast for 2022-2024?

(NYSE: LH) LABORATORY OF AMERICA HOLDINGS's forecast annual revenue growth rate of -0.95% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.71%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.39%.

LABORATORY OF AMERICA HOLDINGS's revenue in 2022 is $15,859,000,000.On average, 6 Wall Street analysts forecast LH's revenue for 2022 to be $1,428,655,876,200, with the lowest LH revenue forecast at $1,416,758,202,000, and the highest LH revenue forecast at $1,448,547,813,000. On average, 6 Wall Street analysts forecast LH's revenue for 2023 to be $1,424,951,584,200, with the lowest LH revenue forecast at $1,357,222,554,000, and the highest LH revenue forecast at $1,466,884,800,000.

In 2024, LH is forecast to generate $1,491,183,787,500 in revenue, with the lowest revenue forecast at $1,472,469,975,000 and the highest revenue forecast at $1,509,897,600,000.

What is LH's forecast return on assets (ROA) for 2022-2024?

(NYSE: LH) forecast ROA is 8.84%, which is lower than the forecast US Diagnostics & Research industry average of 11.77%.

What is LH's Price Target?

According to 8 Wall Street analysts that have issued a 1 year LH price target, the average LH price target is $324.75, with the highest LH stock price forecast at $368.00 and the lowest LH stock price forecast at $265.00.

On average, Wall Street analysts predict that LABORATORY OF AMERICA HOLDINGS's share price could reach $324.75 by May 25, 2023. The average LABORATORY OF AMERICA HOLDINGS stock price prediction forecasts a potential upside of 25.94% from the current LH share price of $257.87.

What is LH's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: LH) LABORATORY OF AMERICA HOLDINGS's current Earnings Per Share (EPS) is $21.98. On average, analysts forecast that LH's EPS will be $19.85 for 2022, with the lowest EPS forecast at $19.15, and the highest EPS forecast at $20.64. On average, analysts forecast that LH's EPS will be $18.19 for 2023, with the lowest EPS forecast at $17.38, and the highest EPS forecast at $18.80. In 2024, LH's EPS is forecast to hit $19.76 (min: $19.70, max: $19.81).

What is LH's forecast return on equity (ROE) for 2022-2024?

(NYSE: LH) forecast ROE is 17.09%, which is considered weak.
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