Labcorp (LH) Stock Forecast & Price Target
LH$362.13+1.88 +0.52%
$29.37B
Market Cap
29.36
P/E
19.73
Forward P/E
40
Score
Labcorp (LH) Stock Forecast & Price Target
LH price $362.13 +1.88 +0.52%
- Ticker
- LH
- Price
- $362.13
- Change
- +1.88 +0.52%
- Market cap ?
- $29.37B
- P/E ?
- 29.36
- Forward P/E ?
- 19.73
- Dividend yield ?
- 0.80%
- Beta ?
- 0.85
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- Stocklytics score
- 40
- Value
- 37
- Quality
- 47
- Growth
- 37
Stocklytics score rationale: value 37, quality 47, growth 37.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 9641800000 | 10441400000 | 11333400000 | 11554800000 | 13978500000 | 13136100000 | 11863900000 | 12161600000 | 13008900000 | 13951700000 |
Labcorp Holdings, Inc. offers vital diagnostic laboratory services, enabling medical professionals, healthcare facilities, pharmaceutical firms, scientific investigators, and patients to make well-informed and confident choices. The company commenced operations on April 16, 2024, and its main office is situated in Burlington, NC.
Fair value
LH fair value $404.88. Price $362.13. Price is 11% below fair value.
Above fair value, around its usual premium.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.29B. Growth 7.32%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.95% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 81.10M. Net debt 6.67B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2027-02-16 | — | 4.47 | — | 3.74B |
| 2026-10-28 | 4.78 | 4.64 | 3.81B | 3.76B |
| 2026-07-30 | 4.99 | 4.78 | 3.73B | 3.71B |
| 2026-04-30 | 4.25 | 4.11 | 3.54B | 3.51B |
| 2026-02-17 | 4.07 | 3.95 | 3.52B | 3.56B |
| 2025-10-28 | 4.18 | 4.13 | 3.56B | 3.56B |
| 2025-07-24 | 4.35 | 4.17 | 3.53B | 3.49B |
| 2025-04-29 | 3.84 | 3.74 | 3.35B | 3.40B |
| 2025-02-06 | 3.45 | 3.39 | 3.33B | 3.31B |
| 2024-10-24 | 3.50 | 3.47 | 3.28B | 3.26B |
| 2024-08-01 | 3.94 | 3.78 | 3.22B | 3.19B |
| 2024-04-25 | 3.68 | 3.48 | 3.18B | 3.12B |
| 2024-02-15 | 3.30 | 3.29 | 3.03B | 3.02B |
| 2023-10-26 | 3.38 | 3.37 | 3.06B | 2.99B |
| 2023-07-27 | 3.42 | 3.47 | 3.03B | 3.15B |
| 2023-04-25 | 3.82 | 3.99 | 3.78B | 3.69B |
| 2023-02-16 | 4.14 | 4.06 | 3.67B | 3.74B |
| 2022-10-27 | 4.68 | 4.67 | 3.61B | 3.79B |
| 2022-07-28 | 4.95 | 4.70 | 3.70B | 3.75B |
| 2022-04-28 | 6.11 | 5.98 | 3.90B | 4.01B |
| 2022-02-10 | 6.77 | 5.80 | 4.06B | 3.92B |
| 2021-10-28 | 6.82 | 4.92 | 4.06B | 3.60B |
| 2021-07-29 | 6.13 | 5.53 | 3.84B | 3.84B |
| 2021-04-29 | 8.79 | 7.43 | 4.16B | 3.93B |
| 2021-02-11 | 10.56 | 8.11 | 4.49B | 3.13B |
| 2020-10-27 | 8.41 | 5.31 | 3.90B | 2.46B |
| 2020-07-28 | 2.57 | 1.00 | 2.77B | 1.08B |
| 2020-04-29 | 2.37 | 1.76 | 2.82B | 2.32B |
| 2020-02-13 | 2.86 | 2.80 | 2.95B | 2.89B |
| 2019-10-24 | 2.90 | 2.85 | 2.93B | 2.88B |
| 2019-07-25 | 2.93 | 2.90 | 2.88B | 5.65B |
| 2019-04-30 | 2.62 | 2.53 | 2.79B | 2.70B |
| 2019-02-07 | 2.52 | 2.48 | 2.79B | 2.75B |
| 2018-10-24 | 2.84 | 2.88 | 2.83B | 2.98B |
| 2018-07-25 | 2.98 | 2.92 | 2.87B | 2.82B |
| 2018-04-25 | 2.78 | 2.64 | 2.85B | 2.69B |
| 2018-02-06 | 2.45 | 2.37 | 2.80B | 2.67B |
| 2017-10-25 | 2.46 | 2.39 | 2.66B | 2.55B |
| 2017-07-26 | 2.47 | 2.38 | 2.54B | 2.46B |
| 2017-04-25 | 2.22 | 2.20 | 2.45B | 2.39B |
Dividends
Yield 0.80%. Payout ratio 23.65%. Frequency Quarterly.
Safety score 91/100 · Safe. Payout ratio is 24% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 10 separate years. Yield is 0.8%, which is modest.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-11-24 | $0.72 | 2026-11-24 | 2026-12-11 | Quarterly |
| 2026-08-28 | $0.72 | 2026-08-28 | 2026-09-11 | Quarterly |
| 2026-05-29 | $0.72 | 2026-05-29 | 2026-06-11 | Quarterly |
| 2026-02-27 | $0.72 | 2026-02-27 | 2026-03-12 | Quarterly |
| 2025-11-26 | $0.72 | 2025-11-26 | 2025-12-11 | Quarterly |
| 2025-08-28 | $0.72 | 2025-08-28 | 2025-09-11 | Quarterly |
| 2025-05-29 | $0.72 | 2025-05-29 | 2025-06-11 | Quarterly |
| 2025-02-27 | $0.72 | 2025-02-27 | 2025-03-12 | Quarterly |
| 2024-11-26 | $0.72 | 2024-11-26 | 2024-12-13 | Quarterly |
| 2024-08-29 | $0.72 | 2024-08-29 | 2024-09-13 | Quarterly |
| 2024-05-24 | $0.72 | 2024-05-28 | 2024-06-12 | Quarterly |
| 2024-02-26 | $0.72 | 2024-02-27 | 2024-03-13 | Quarterly |
| 2023-11-07 | $0.72 | 2023-11-08 | 2023-12-12 | Quarterly |
| 2023-08-07 | $0.72 | 2023-08-08 | 2023-09-08 | Quarterly |
| 2023-05-17 | $0.62 | 2023-05-18 | 2023-06-08 | Quarterly |
| 2023-02-22 | $0.62 | 2023-02-23 | 2023-03-13 | Quarterly |
| 2022-11-16 | $0.62 | 2022-11-17 | 2022-12-09 | Quarterly |
| 2022-08-17 | $0.62 | 2022-08-18 | 2022-09-09 | Quarterly |
| 2022-05-18 | $0.62 | 2022-05-19 | 2022-06-09 | Quarterly |
| 1994-03-29 | $0.17 | 1994-04-05 | 1994-04-26 | Quarterly |
| 1993-12-29 | $0.17 | 1994-01-04 | 1994-01-25 | Quarterly |
| 1993-09-29 | $0.17 | 1993-10-05 | 1993-10-26 | Quarterly |
| 1993-06-29 | $0.17 | 1993-07-06 | 1993-07-27 | Quarterly |
| 1993-03-31 | $0.17 | 1993-04-06 | 1993-04-27 | Quarterly |
| 1992-12-29 | $0.17 | 1993-01-05 | 1993-01-26 | Quarterly |
| 1992-09-28 | $0.17 | 1992-10-02 | 1992-10-23 | Quarterly |
| 1992-06-26 | $0.17 | 1992-07-02 | 1992-07-23 | Quarterly |
| 1992-03-31 | $0.15 | 1992-04-06 | 1992-04-27 | Quarterly |
| 1992-01-06 | $0.15 | 1992-01-10 | 1992-01-31 | Quarterly |
| 1991-09-30 | $0.15 | 1991-10-04 | 1991-10-27 | Quarterly |
| 1991-06-27 | $0.15 | 1991-07-03 | 1991-07-24 | Quarterly |
| 1991-04-04 | $0.13 | 1991-04-10 | 1991-04-29 | Quarterly |
| 1990-12-31 | $0.13 | 1991-01-07 | 1991-01-28 | Quarterly |
| 1990-07-13 | $3.80 | 1990-07-19 | 1990-07-24 | Semi-Annual |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-01 | Oyegunwa Akinbolade | Buy | 750 | — | — |
| 2026-09-01 | Meltzer Jonathan C | Buy | 900 | — | — |
| 2026-09-01 | Vaughn Bryan T | Buy | 1.50K | — | — |
| 2026-09-01 | Caveney Brian J | Buy | 3.00K | — | — |
| 2026-08-17 | ANDERSON KERRII B | Sell | 3.00K | $318.02 | 954.06K |
| 2026-08-11 | Schechter Adam H | Sell | 4.67K | $320.37 | 1.50M |
| 2026-08-04 | Summy Amy B. | Sell | 924 | $306.74 | 283.43K |
| 2026-08-03 | Wilkinson Peter J | Buy | 1.34K | $209.25 | 279.98K |
| 2026-08-03 | Wilkinson Peter J | Sell | 82 | $309.22 | 25.36K |
| 2026-08-03 | Wilkinson Peter J | Sell | 1.34K | $309.23 | 413.75K |
| 2026-08-03 | Wilkinson Peter J | Sell | 1.34K | $209.25 | 279.98K |
| 2026-07-02 | Kyle Kathryn W | Sell | 92 | $286.19 | 26.33K |
| 2026-07-02 | Vaughn Bryan T | Sell | 234 | $286.19 | 66.97K |
| 2026-07-01 | Kyle Kathryn W | Buy | 256 | — | — |
| 2026-07-01 | Kyle Kathryn W | Sell | 73 | $283.88 | 20.72K |
| 2026-07-01 | Kyle Kathryn W | Sell | 256 | — | — |
| 2026-07-01 | Vaughn Bryan T | Buy | 327 | — | — |
| 2026-07-01 | Vaughn Bryan T | Sell | 93 | $283.88 | 26.40K |
| 2026-07-01 | Vaughn Bryan T | Sell | 327 | — | — |
| 2026-06-08 | Kyle Kathryn W | Sell | 762 | $263.89 | 201.08K |
| 2026-05-11 | Schechter Adam H | Sell | 5.90K | $254.50 | 1.50M |
| 2026-03-27 | Wilkinson Peter J | Sell | 1.63K | $267.05 | 436.09K |
| 2026-03-27 | Meltzer Jonathan C | Sell | 839 | $267.05 | 224.05K |
| 2026-03-26 | Schechter Adam H | Buy | 58.47K | — | — |
| 2026-03-26 | Schechter Adam H | Sell | 26.11K | $268.38 | 7.01M |
| 2026-03-26 | GRAHAM ANITA Z | Buy | 6.60K | — | — |
| 2026-03-26 | GRAHAM ANITA Z | Sell | 2.88K | $268.38 | 772.67K |
| 2026-03-26 | Schroeder Mark S | Buy | 9.30K | — | — |
| 2026-03-26 | Schroeder Mark S | Buy | 2.97K | — | — |
| 2026-03-26 | Schroeder Mark S | Sell | 1.47K | $268.38 | 393.98K |
| 2026-03-26 | Schroeder Mark S | Sell | 4.60K | $268.38 | 1.23M |
| 2026-03-26 | Caveney Brian J | Buy | 9.30K | — | — |
| 2026-03-26 | Caveney Brian J | Buy | 1.99K | — | — |
| 2026-03-26 | Caveney Brian J | Sell | 863 | $268.38 | 231.61K |
| 2026-03-26 | Caveney Brian J | Sell | 4.04K | $268.38 | 1.08M |
| 2026-03-26 | Wilkinson Peter J | Buy | 2.39K | — | — |
| 2026-03-26 | Wilkinson Peter J | Sell | 755 | $268.38 | 202.63K |
| 2026-03-26 | Vaughn Bryan T | Buy | 1.58K | — | — |
| 2026-03-26 | Vaughn Bryan T | Sell | 451 | $268.38 | 121.04K |
| 2026-03-26 | van der Vaart Sandra D | Buy | 6.38K | — | — |
| 2026-03-26 | van der Vaart Sandra D | Sell | 2.72K | $268.38 | 730.53K |
| 2026-03-26 | Summy Amy B. | Buy | 3.99K | — | — |
| 2026-03-26 | Summy Amy B. | Sell | 1.84K | $268.38 | 492.75K |
| 2026-03-26 | Oyegunwa Akinbolade | Buy | 1.34K | — | — |
| 2026-03-26 | Oyegunwa Akinbolade | Sell | 382 | $268.38 | 102.52K |
| 2026-03-26 | Meltzer Jonathan C | Buy | 2.39K | — | — |
| 2026-03-26 | Meltzer Jonathan C | Sell | 711 | $268.38 | 190.82K |
| 2026-03-26 | Kyle Kathryn W | Buy | 1.58K | — | — |
| 2026-03-26 | Kyle Kathryn W | Sell | 451 | $268.38 | 121.04K |
| 2026-03-26 | Bailey Megan D. | Buy | 1.18K | — | — |
| 2026-03-26 | Bailey Megan D. | Sell | 481 | $268.38 | 129.09K |
| 2026-03-03 | Schechter Adam H | Sell | 8.71K | $279.96 | 2.44M |
| 2026-02-27 | van der Vaart Sandra D | Sell | 548 | $284.91 | 156.00K |
| 2026-02-24 | Caveney Brian J | Sell | 1.50K | $286.31 | 429.46K |
| 2026-02-19 | Wilkinson Peter J | Sell | 666 | $277.94 | 185.11K |
| 2026-02-12 | Meltzer Jonathan C | Sell | 87 | $290.42 | 25.27K |
| 2026-02-11 | Summy Amy B. | Buy | 230 | — | — |
| 2026-02-11 | Summy Amy B. | Sell | 83 | $289.89 | 24.06K |
| 2026-02-11 | Summy Amy B. | Sell | 230 | — | — |
| 2026-02-11 | Wilkinson Peter J | Buy | 160 | — | — |
| 2026-02-11 | Wilkinson Peter J | Sell | 46 | $289.89 | 13.33K |
| 2026-02-11 | Wilkinson Peter J | Sell | 160 | $289.89 | 46.38K |
| 2026-02-11 | Wilkinson Peter J | Sell | 536 | — | — |
| 2026-02-11 | Wilkinson Peter J | Sell | 160 | — | — |
| 2026-02-11 | Wang Julia Aijun | Sell | 860 | — | — |
| 2026-02-11 | Wang Julia Aijun | Buy | 860 | — | — |
| 2026-02-11 | Wang Julia Aijun | Sell | 245 | $289.89 | 71.02K |
| 2026-02-11 | Vaughn Bryan T | Buy | 323 | — | — |
| 2026-02-11 | Vaughn Bryan T | Sell | 93 | $289.89 | 26.96K |
| 2026-02-11 | Vaughn Bryan T | Sell | 323 | — | — |
| 2026-02-11 | van der Vaart Sandra D | Buy | 376 | — | — |
| 2026-02-11 | van der Vaart Sandra D | Sell | 99 | $289.89 | 28.70K |
| 2026-02-11 | van der Vaart Sandra D | Sell | 376 | — | — |
| 2026-02-11 | Schroeder Mark S | Buy | 806 | — | — |
| 2026-02-11 | Schroeder Mark S | Sell | 259 | $289.89 | 75.08K |
| 2026-02-11 | Schroeder Mark S | Sell | 806 | — | — |
| 2026-02-11 | Schechter Adam H | Buy | 3.66K | — | — |
| 2026-02-11 | Schechter Adam H | Sell | 1.52K | $289.89 | 440.92K |
| 2026-02-11 | Schechter Adam H | Sell | 5.27K | $284.38 | 1.50M |
| 2026-02-11 | Schechter Adam H | Sell | 3.66K | — | — |
| 2026-02-11 | Oyegunwa Akinbolade | Buy | 230 | — | — |
| 2026-02-11 | Oyegunwa Akinbolade | Sell | 68 | $289.89 | 19.71K |
| 2026-02-11 | Oyegunwa Akinbolade | Sell | 230 | — | — |
| 2026-02-11 | Meltzer Jonathan C | Buy | 243 | — | — |
| 2026-02-11 | Meltzer Jonathan C | Sell | 70 | $289.89 | 20.29K |
| 2026-02-11 | Meltzer Jonathan C | Sell | 243 | — | — |
| 2026-02-11 | Kyle Kathryn W | Buy | 216 | — | — |
| 2026-02-11 | Kyle Kathryn W | Sell | 62 | $289.89 | 17.97K |
| 2026-02-11 | Kyle Kathryn W | Sell | 216 | — | — |
| 2026-02-11 | GRAHAM ANITA Z | Sell | 356 | — | — |
| 2026-02-11 | GRAHAM ANITA Z | Buy | 356 | — | — |
| 2026-02-11 | GRAHAM ANITA Z | Sell | 109 | $289.89 | 31.60K |
| 2026-02-11 | Caveney Brian J | Buy | 740 | — | — |
| 2026-02-11 | Caveney Brian J | Sell | 211 | $289.89 | 61.17K |
| 2026-02-11 | Caveney Brian J | Sell | 740 | — | — |
| 2026-02-11 | Bailey Megan D. | Buy | 403 | — | — |
| 2026-02-11 | Bailey Megan D. | Sell | 138 | $289.89 | 40.00K |
| 2026-02-11 | Bailey Megan D. | Sell | 403 | — | — |
| 2026-02-11 | Rothman Paul | Buy | 897 | — | — |
| 2026-02-11 | Rothman Paul | Sell | 897 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 1.07K. Ownership 97.17%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 6.57M | New | New | 1.84B |
| VANGUARD CAPITAL MANAGEMENT LLC | 5.36M | New | New | 1.50B |
| VICTORY CAPITAL MANAGEMENT INC | 4.84M | New | New | 1.35B |
| STATE STREET CORP | 3.91M | New | New | 1.09B |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 3.68M | New | New | 1.03B |
| BOSTON PARTNERS | 3.05M | New | New | 854.20M |
| ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC | 2.24M | New | New | 635.03M |
| GEODE CAPITAL MANAGEMENT, LLC | 2.19M | New | New | 610.44M |
| SELECT EQUITY GROUP, L.P. | 1.98M | New | New | 554.95M |
| FMR LLC | 1.90M | New | New | 533.36M |
| MORGAN STANLEY | 1.61M | New | New | 450.65M |
| DIMENSIONAL FUND ADVISORS LP | 1.37M | New | New | 382.80M |
| JPMORGAN CHASE & CO | 1.27M | New | New | 354.62M |
| INVESCO LTD. | 1.24M | New | New | 346.55M |
| NORDEA INVESTMENT MANAGEMENT AB | 915.94K | New | New | 254.72M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 887.43K | New | New | 248.48M |
| NORTHERN TRUST CORP | 883.08K | New | New | 247.26M |
| WELLINGTON MANAGEMENT GROUP LLP | 855.60K | New | New | 239.57M |
| AMERICAN CENTURY COMPANIES INC | 845.02K | New | New | 236.61M |
| BANK OF AMERICA CORP /DE/ | 812.27K | New | New | 227.44M |
| NORGES BANK | 810.09K | New | New | 226.83M |
| ROYAL BANK OF CANADA | 807.62K | New | New | 226.13M |
| NAVERA INVESTMENT MANAGEMENT LTD. | 781.73K | New | New | 218.92M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 742.02K | New | New | 207.77M |
| THRIVENT FINANCIAL FOR LUTHERANS | 712.30K | New | New | 199.44M |
Forecast
Consensus Buy from 18 analysts. Average price target $360.75, -0.4% versus the current price. Low $306.00. High $410.00.
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