If this gets to 190, seems like absolute NO BRAINER to buy.
R
Median PE over the last decade is 17. If yahoo finance is accurate the forward PE is 13. This looks cheap. Recently started paying dividends too. On my watch list for now but intrigued.
J
Lh won’t stay below 260 for long.. this is worth a lot more.
Y
Laboratory Corporation of America reached a 52 Week low at 238.40
S
52 week lows.... Quality stock...
Y
Laboratory Corporation of America reached a 52 Week low at 254.00
Y
Laboratory Corporation of America reached a 52 Week low at 247.43
d
You will see every American be tested, some more than once. 93% of all tests go through 2 large output labs, qwest diagnostics and lab corporation. Do the math and tell me the number
d
Covid cases are NOT decreasing and there is not enough to vaccine to kick in herd immunity until at least next spring for the general population. Keep your covid testing stocks ... even on vaccine news for approvals when the testing stocks take a dive buy more because an approved vaccine does NOT eliminate the need for testing and LH and your fav covid test related stocks will likely fare very well IMHO.
L
Continuing to stay long, got in at $185, underwater ever since. I can’t see how this can’t do well long term.
LabCorp (LH) delivered earnings and revenue surprises of 34.66% and 3.89%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
LabCorp (LH) delivered earnings and revenue surprises of 34.66% and 3.89%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
finance.yahoo.com
D
Do you know if earnings will be announced before trading or after trading tomorrow. Appreciate anyone's help. The second quarter earnings should be a blow out number to the upside.
e
Long time shareholder happy to see a return of capital to shareholders. Dividends are great when you are buy and hold investor. Great capital gains and it is not dead money! Thanks LH. Happy Holidays.
S
Labcorp and Quest are doing between 50 to 75% of all testing in this country. In may they started doing elective procedures again which means more high dollar lab tests. Quest CEO said they will be profitable just doing Covid tests. They should have some very good earnings this month vs. the much lower expectations! I own Quest, Labcorp and Apple and I have made twice as much off of Quest and Labcorp as I have Apple. Don't understand why these companies get zero respect but I'm loaded up on the Aug., Nov., Dec, and Feb options and buying more on every fallback. Go ahead and buy your 1 in a hundred vaccine stacks, my money is on the real Covid winners in the economy. BTW, I sold Apple last week after being in it for 5 years and I'm up 300% this year and still have 50% cash!
E
If they are doing 50k+ tests per day for virus...shouldn’t their next quarter earnings explode?
M
Testing in Sacramento and elsewhere starts on Monday per SAC BEE article today! MD will collect sample Lab Corp will test.
T
How many times do we have to be mentioned at a Presidential Press Meeting before people realize we’re the ones providing all the testing?
s
Dividend and buybacks announced and stock down 4% I don’t get it!
M
This stock is being unfairly punished along with the overall market. Read the press release from Labcorp today, they are going to be scaling up to processing 20,000 tests per day just for coronavirus. Business is booming for them yet they are trading like they are an airline company.
https://finance.yahoo.com/news/labcorp-lh-q1-earnings-revenues-121512936.html
Happy Holidays.