Laboratory Corp. of America (NYSE:LH) will announce its earnings results before the market opens on Tuesday, February 6th. Analysts expect the company to announce earnings of $2.37 per share for the quarter.
Laboratory Corp. of America (LH) opened at $169.66 on Friday. The stock has a market capitalization of $17,615.47, a P/E ratio of 23.73, a price-to-earnings-growth ratio of 1.64 and a beta of 0.93. The company has a current ratio of 1.89, a quick ratio of 1.75 and a debt-to-equity ratio of 1.18. Laboratory Corp. of America has a 1 year low of $128.00 and a 1 year high of $181.71.
A number of equities analysts have issued reports on LH shares. Barclays increased their price target on Laboratory Corp. of America from $183.00 to $190.00 and gave the stock an “overweight” rating in a research report on Thursday, October 26th. Zacks Investment Research downgraded Laboratory Corp. of America from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Jefferies Group set a $167.00 price target on Laboratory Corp. of America and gave the stock a “hold” rating in a research report on Friday, November 24th. Deutsche Bank increased their price target on Laboratory Corp. of America from $170.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Finally, Wells Fargo & Co started coverage on Laboratory Corp. of America in a research report on Thursday, October 12th. They set an “outperform” rating and a $175.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $175.00.
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About Laboratory Corp. of America
Laboratory Corporation of America Holdings is a life sciences company that is integrated in guiding patient care, providing clinical laboratory and end-to-end drug development services. The Company operates as a healthcare diagnostics company. The Company operates through two segments: LabCorp Diagnostics (LCD) and Covance Drug Development (CDD).
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