Laboratory Corporation of... (LH)
Laboratory of America Statistics
Share Statistics
Laboratory of America has 83.7M shares outstanding. The number of shares has increased by -0.55% in one year.
| Shares Outstanding | 83.7M |
| Shares Change (YoY) | -0.55% |
| Shares Change (QoQ) | -0.39% |
| Owned by Institutions (%) | 0.11% |
| Shares Floating | 83.4M |
| Failed to Deliver (FTD) Shares | 4.25K |
| FTD / Avg. Volume | 0.69% |
Short Selling Information
The latest short interest is 2.01M, so 2.41% of the outstanding shares have been sold short.
| Short Interest | 2.01M |
| Short % of Shares Out | 2.41% |
| Short % of Float | 2.42% |
| Short Ratio (days to cover) | 3.9 |
Valuation Ratios
The PE ratio is 25.7 and the forward PE ratio is 15.56. Laboratory of America's PEG ratio is 0.3.
| PE Ratio | 25.7 |
| Forward PE | 15.56 |
| PS Ratio | 1.47 |
| Forward PS | 1.6 |
| PB Ratio | 2.38 |
| P/FCF Ratio | 17.49 |
| PEG Ratio | 0.3 |
Enterprise Valuation
Laboratory Corporation of America has an Enterprise Value (EV) of 25.21B.
| EV / Earnings | 33.8 |
| EV / Sales | 1.94 |
| EV / EBITDA | 13.92 |
| EV / EBIT | 22.8 |
| EV / FCF | 23.01 |
Financial Position
The company has a current ratio of 1.44, with a Debt / Equity ratio of 0.9.
| Current Ratio | 1.44 |
| Quick Ratio | 1.3 |
| Debt / Equity | 0.9 |
| Total Debt / Capitalization | 47.46 |
| Cash Flow / Debt | 0.22 |
| Interest Coverage | 5.31 |
Financial Efficiency
Return on equity (ROE) is 0.09% and return on capital (ROIC) is 5.61%.
| Return on Equity (ROE) | 0.09% |
| Return on Assets (ROA) | 0.04% |
| Return on Capital (ROIC) | 5.61% |
| Revenue Per Employee | $213,610.84 |
| Profits Per Employee | $12,249.59 |
| Employee Count | 60,900 |
| Asset Turnover | 0.71 |
| Inventory Turnover | 19.28 |
Taxes
| Income Tax | 212.4M |
| Effective Tax Rate | 0.22 |
Stock Price Statistics
The stock price has increased by 6.02% in the last 52 weeks. The beta is 1.11, so Laboratory of America's price volatility has been higher than the market average.
| Beta | 1.11 |
| 52-Week Price Change | 6.02% |
| 50-Day Moving Average | 244.8 |
| 200-Day Moving Average | 228.4 |
| Relative Strength Index (RSI) | 33.33 |
| Average Volume (20 Days) | 611.46K |
Income Statement
In the last 12 months, Laboratory of America had revenue of 13.01B and earned 746M in profits. Earnings per share was 8.92.
| Revenue | 13.01B |
| Gross Profit | 3.5B |
| Operating Income | 1.11B |
| Net Income | 746M |
| EBITDA | 1.81B |
| EBIT | 1.11B |
| Earnings Per Share (EPS) | 8.92 |
Balance Sheet
The company has 1.52B in cash and 7.27B in debt, giving a net cash position of -5.75B.
| Cash & Cash Equivalents | 1.52B |
| Total Debt | 7.27B |
| Net Cash | -5.75B |
| Retained Earnings | 8.3B |
| Total Assets | 18.38B |
| Working Capital | 1.48B |
Cash Flow
In the last 12 months, operating cash flow was 1.59B and capital expenditures -489.9M, giving a free cash flow of 1.1B.
| Operating Cash Flow | 1.59B |
| Capital Expenditures | -489.9M |
| Free Cash Flow | 1.1B |
| FCF Per Share | 13.11 |
Margins
Gross margin is 26.92%, with operating and profit margins of 8.5% and 5.73%.
| Gross Margin | 26.92% |
| Operating Margin | 8.5% |
| Pretax Margin | 7.38% |
| Profit Margin | 5.73% |
| EBITDA Margin | 13.92% |
| EBIT Margin | 8.5% |
| FCF Margin | 8.42% |
Dividends & Yields
LH pays an annual dividend of $2.88, which amounts to a dividend yield of 1.16%.
| Dividend Per Share | $2.88 |
| Dividend Yield | 1.16% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 32.58% |
| Earnings Yield | 3.85% |
| FCF Yield | 5.65% |
Analyst Forecast
The average price target for LH is $265, which is 14.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $265 |
| Price Target Difference | 14.4% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
Stock Splits
The last stock split was on Jul 3, 2023. It was a forward split with a ratio of 291:250.
| Last Split Date | Jul 3, 2023 |
| Split Type | forward |
| Split Ratio | 291:250 |
Scores
| Altman Z-Score | 2.78 |
| Piotroski F-Score | 9 |