Jefferies Boosts Labcorp Price Target Amid Strong Performance LH Stock News
| LH Stock | USD 261.50 1.42 0.55% |
Under 53% of Laboratory's investor base is interested to short. The analysis of overall sentiment of trading Laboratory of stock suggests that many investors are impartial at this time. Laboratory's investing sentiment shows overall attitude of investors towards Laboratory of.
Laboratory | Build AI portfolio with Laboratory Stock |
Jefferies has increased its price target for Labcorp from 290 to 300, maintaining a Buy rating on the stock. The adjustment follows a robust quarter, cha
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Laboratory Fundamental Analysis
We analyze Laboratory's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Laboratory using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Laboratory based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Laboratory is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Laboratory Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Laboratory stock to make a market-neutral strategy. Peer analysis of Laboratory could also be used in its relative valuation, which is a method of valuing Laboratory by comparing valuation metrics with similar companies.
Peers
Laboratory Related Equities
| DGX | Quest Diagnostics | 2.05 | ||||
| WAT | Waters | 0.54 | ||||
| HOLX | Hologic | 0.51 | ||||
| HUM | Humana | 1.04 | ||||
| UHS | Universal Health | 2.08 |
Complementary Tools for Laboratory Stock analysis
When running Laboratory's price analysis, check to measure Laboratory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Laboratory is operating at the current time. Most of Laboratory's value examination focuses on studying past and present price action to predict the probability of Laboratory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laboratory's price. Additionally, you may evaluate how the addition of Laboratory to your portfolios can decrease your overall portfolio volatility.
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