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

Analyst price target for LH

Based on 10 analysts offering 12 month price targets for Laboratory Corp Of America Holdings.
Min Forecast
$250.00+2.25%
Avg Forecast
$287.70+17.67%
Max Forecast
$344.00+40.7%

Should I buy or sell LH stock?

Based on 10 analysts offering ratings for Laboratory Corp Of America Holdings.
Strong Buy
Strong Buy
5 analysts 50%
Buy
3 analysts 30%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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LH stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Baird
Bottom 20%
20
BuyMaintains$285.00+14.30%2023-01-11
Morgan Stanley
Top 3%
98
Strong BuyMaintains$303.00+21.52%2023-01-06
Citigroup
Top 5%
96
HoldDowngrades$250.00+0.26%2022-12-12
Credit Suisse
Top 6%
95
BuyMaintains$305.00+22.32%2022-11-23
Mizuho
Top 12%
89
Strong BuyMaintains$250.00+0.26%2022-11-03
Truist Securities
Top 11%
90
Strong BuyMaintains$260.00+4.28%2022-10-28
Morgan Stanley
Top 4%
97
Strong BuyAssumes$300.00+20.32%2022-08-22
Deutsche Bank
Top 32%
69
HoldMaintains$265.00+6.28%2022-05-03
Wells Fargo
Top 25%
76
Strong BuyMaintains$315.00+26.33%2022-04-25
Credit Suisse
Bottom 8%
8
BuyMaintains$344.00+37.96%2022-02-11

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Forecast return on equity

Is LH forecast to generate an efficient return?
Company
17.54%
Industry
-21.44%
Market
47.84%
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
8.93%
Industry
12%
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 2 years based on estimates from 8 analysts?
Avg 1 year Forecast
$18.08-4.24%
Avg 2 year Forecast
$19.98+5.83%
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 2 years based on estimates from 7 analysts?
Avg 1 year Forecast
$15.2B-0.57%
Avg 2 year Forecast
$15.8B+3.52%
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
-4.24%
Industry
33.36%
Market
84.98%
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
-0.57%
Industry
5.62%
Market
70.63%
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$249.34$287.70+15.38%Strong Buy
WAT$341.39$350.29+2.61%Hold
ICLR$244.02$262.46+7.55%Strong Buy
PKI$141.75$167.18+17.94%Buy
DGX$142.81$147.83+3.52%Hold

Laboratory Of America Holdings Stock Forecast FAQ

Is Laboratory Of America Holdings Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NYSE: LH) stock is to Strong Buy LH stock.

Out of 10 analysts, 5 (50%) are recommending LH as a Strong Buy, 3 (30%) are recommending LH as a Buy, 2 (20%) 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 earnings growth forecast for 2023-2024?

(NYSE: LH) Laboratory Of America Holdings's forecast annual earnings growth rate of -4.24% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 33.36%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Laboratory Of America Holdings's earnings in 2023 is $1,756,000,000.On average, 8 Wall Street analysts forecast LH's earnings for 2023 to be $1,601,888,000, with the lowest LH earnings forecast at $1,546,956,000, and the highest LH earnings forecast at $1,629,354,000.

In 2024, LH is forecast to generate $1,770,228,000 in earnings, with the lowest earnings forecast at $1,755,166,000 and the highest earnings forecast at $1,789,720,000.

What is LH's revenue growth forecast for 2023-2024?

(NYSE: LH) Laboratory Of America Holdings's forecast annual revenue growth rate of -0.57% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 5.62%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.63%.

Laboratory Of America Holdings's revenue in 2023 is $15,258,700,000.On average, 7 Wall Street analysts forecast LH's revenue for 2023 to be $1,344,197,735,200, with the lowest LH revenue forecast at $1,296,950,722,000, and the highest LH revenue forecast at $1,365,680,400,000.

In 2024, LH is forecast to generate $1,399,478,642,000 in revenue, with the lowest revenue forecast at $1,361,291,333,200 and the highest revenue forecast at $1,435,514,034,000.

What is LH's forecast return on assets (ROA) for 2023-2024?

(NYSE: LH) forecast ROA is 8.93%, which is lower than the forecast US Diagnostics & Research industry average of 12%.

What is LH's Price Target?

According to 10 Wall Street analysts that have issued a 1 year LH price target, the average LH price target is $287.70, with the highest LH stock price forecast at $344.00 and the lowest LH stock price forecast at $250.00.

On average, Wall Street analysts predict that Laboratory Of America Holdings's share price could reach $287.70 by Jan 11, 2024. The average Laboratory Of America Holdings stock price prediction forecasts a potential upside of 15.38% from the current LH share price of $249.34.

What is LH's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: LH) Laboratory Of America Holdings's current Earnings Per Share (EPS) is $18.88. On average, analysts forecast that LH's EPS will be $18.08 for 2023, with the lowest EPS forecast at $17.46, and the highest EPS forecast at $18.39. In 2024, LH's EPS is forecast to hit $19.98 (min: $19.81, max: $20.20).

What is LH's forecast return on equity (ROE) for 2023-2024?

(NYSE: LH) forecast ROE is 17.54%, which is considered weak.
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