How to Buy Labcorp Holdings Stock
Labcorp Holdings Inc
Labcorp Holdings is a diagnostic & research company located in North Carolina, United States, which is part of the Healthcare sector, and is traded under the ticker LH on the NYSE exchange.
Labcorp Holdings stock last closed at $212.22, down 2.26% from the previous day, and has increased 4.51% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.35 percentage points. Labcorp Holdings stock is currently +10.55% from its 52-week low of $191.97, and -17.93% from its 52-week high of $258.59.
At the moment, there are 83.7M shares of LH outstanding. The market capitalization of LH is $17.76B. In the last 24 hours, 740,816 LH shares were traded.
How to Buy Labcorp Holdings Stock
Not sure how to invest in Labcorp Holdings stock? Here's how.
- Figure out where to buy Labcorp Holdings stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Labcorp Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Research Labcorp Holdings stock: The Labcorp Holdings ticker symbol is LH. Is Labcorp Holdings stock a good investment? Should you buy shares of LH? How do LH's underlying business fundamentals look? Do top analysts think Labcorp Holdings is a good buy? Why has LH's stock price moved recently? (Hint: Our stock analysis website can help you understand if LH is a good stock to buy).
- Make your LH buy order: Decide if you will purchase LH shares at the current market price or use a limit order to purchase LH stock at a particular price.
- Track your LH position: Create a watchlist to the latest updates on your new investment in Labcorp Holdings stock.
Step 1: Figure out where to buy Labcorp Holdings stock
You will need an online brokerage account in order to access the NYSE market and buy LH stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you are able to invest in LH stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing money into your investment account.
Step 4: Research Labcorp Holdings stock
After you have identified the best place to buy Labcorp Holdings stock, it's important to analyze their stock before you invest, so you truly wrap your head around the risk as well as the upside.
Labcorp Holdings Numbers
Labcorp Holdings Overview
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on LH's stock page.
Is LH stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LH's intrinsic value.
Using relative valuations measures:
- LH could be undervalued based on its P/E ratio of 23.87x, relative to Diagnostics & Research industry P/E ratio of 35.03x
- LH could be undervalued based on its P/B ratio of 2.21x, relative to Diagnostics & Research industry P/B ratio of 3.22x
- LH may be undervalued based on its PEG ratio of 0.81x
You can do more valuation analysis on LH's stock here.
LH Financial Overview
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the LH balance sheet.
- LH earnings of $1.17B is not enough to cover its interest payments.
- LH's operating cash flow of $1.59B allows it to safely service it's debt of $7.27B.
- Total LH debt is lower than 5 years ago, relative to shareholder equity.
- LH profit margin has gone up from 3.4% to 5.7% in the past year.
Negative Health Checks:
- There are more long-term liabilities than short-term assets on the LH balance sheet.
- LH has a relatively high debt to equity ratio of 1.28.
Do Wall Street analysts think it's a good time to buy LH stock
Out of 11 Wall Street analysts who give ratings on LH, the consensus analyst rating on LH is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest LH Analyst Forecasts
Tycho Peterson, a top 15% analyst from Jefferies maintains LH with a strong buy rating and raises their LH price target from $275.00 to $290.00, on Feb 6, 2025.
Jefferies's Tycho Peterson raised their price target on Labcorp Holdings (NYSE: LH) by 5.5% from $275 to $290 on 2025/02/07. The analyst maintained their Strong Buy rating on the stock.
Labcorp Holdings reported its Q4 and FY 2024 earnings on 2025/02/06.
Quarterly EPS and revenue beat estimates, while management's FY 2025 guidance was above on the top-line and EPS bracketed expectations, Peterson told readers.
Given that the company's diagnostics division offers protection from "broader healthcare noise," the analyst said the stock is a good buy.
Earnings Report
Labcorp Holdings reported:
For Q4 2024:
- EPS of $3.45, which beat the Zacks Consensus Estimate of $3.40 and, by 4.6%, Q4 2023’s $3.30.
- Revenue of $3.33B, which beat the Zacks Consensus Estimate by 0.44% and, by 9.9%, Q4 2023’s $3.03B.
For FY 2024:
- EPS of $14.57, up 7.5% Y/Y.
- Revenue of $13.01B, up 7% Y/Y.
For FY 2025, management guided:
- EPS of $15.60 to $16.40.
- Revenue of $13.88B to $14.05B.
- Free cash flow of $1.10B to $1.25B.
Chairman & CEO Adam Schechter commented: "In 2024, Labcorp delivered exceptional results driven by both organic and inorganic growth.
"We announced 10 transactions to further establish our position as a trusted partner to hospitals, health systems, and regional/local laboratories.
“Additionally, we strengthened our presence in key high-growth areas including oncology, women's health, neurology, and autoimmune disease.
“In 2025, we are positioned to deliver strong growth and margin expansion across both Diagnostics Laboratories and Biopharma Laboratory Services, while we improve health and improve lives of patients around the world."
Kevin Caliendo, a top 15% analyst from UBS maintains LH with a strong buy rating and lowers their LH price target from $293.00 to $286.00, on Jan 28, 2025.
Elizabeth Anderson, a bottom 9% analyst from Evercore ISI Group upgrades LH to a buy rating and raises their LH price target from $260.00 to $265.00, on Jan 7, 2025.
Ricky Goldwasser, a top 6% analyst from Morgan Stanley maintains LH with a strong buy rating and raises their LH price target from $260.00 to $270.00, on Dec 17, 2024.
Derik De Bruin, a top 9% analyst from Bank of America maintains LH with a strong buy rating and raises their LH price target from $262.00 to $271.00, on Dec 13, 2024.
You can dive deeper into what analysts are projecting on the Labcorp Holdings stock forecast page.
LH Technicals
Is LH Growing Revenue?
Last year, LH earnings were $746.00M. Over the past 5 year, LH's earnings have gone up by 1.09% per year. This was slower than the Diagnostics & Research industry average of 8.57%.
Last year, LH revenue was $13.01B. In the past five year, LH's revenue has increased by 2.4% per year. This was slower than the Diagnostics & Research industry average of 9.93%.
Dig into LH's earnings and revenue performance here.
Latest Insiders Trades at LH
Over the past year, executives and large shareholders at LH have sold more shares than they have bought.
Megan D. Bailey, EVP Pres Central Labs Intl of LH, was the latest LH insider to sell. They sold $359,676.90 worth of LH stock on Apr 1, 2025.
Learn more about who owns LH stock here.
Does LH stock generate passive income?
Labcorp Holdings pays a dividend of 0.68%, compared to the Diagnostics & Research industry's average dividend yield of 0.64%. If you owned $1,000 of LH stock, you would have received $6.79 last year.
Labcorp Holdings dividend payments have not consistently grown over the past decade but have remained stable.
Get more info about Labcorp Holdings dividend yield and history here.
LH Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your LH buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Press the Open button and your broker will execute the order.
If you want additional info about buying stocks on eToro, watch the how to video below:
Step 6: Track your LH position
Now that you own some shares in LH, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to get notified of important updates regarding your LH stock.
LH Feed
How to Buy Stock in Labcorp Holdings
To summarize, here are the 6 steps to buy stock in Labcorp Holdings:
- Figure out where to buy Labcorp Holdings stock
- Open your brokerage account
- Put funds into your brokerage account
- Research Labcorp Holdings stock
- Make your LH buy order
- Track your LH position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Labcorp Holdings, click below.
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