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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.16
LH's Cash to Debt is ranked lower than
52% of the 184 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 4.24 vs. LH: 0.16 )
LH' s 10-Year Cash to Debt Range
Min: 0.02   Max: 0.59
Current: 0.16

0.02
0.59
Equity to Asset 0.37
LH's Equity to Asset is ranked higher than
54% of the 180 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 0.60 vs. LH: 0.37 )
LH' s 10-Year Equity to Asset Range
Min: 0.14   Max: 0.63
Current: 0.37

0.14
0.63
Interest Coverage 10.27
LH's Interest Coverage is ranked higher than
51% of the 103 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 116.56 vs. LH: 10.27 )
LH' s 10-Year Interest Coverage Range
Min: 1.03   Max: 22.66
Current: 10.27

1.03
22.66
F-Score: 5
Z-Score: 3.25
M-Score: -2.70
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 15.56
LH's Operating margin (%) is ranked higher than
91% of the 182 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 3.89 vs. LH: 15.56 )
LH' s 10-Year Operating margin (%) Range
Min: -4.39   Max: 19.94
Current: 15.56

-4.39
19.94
Net-margin (%) 9.05
LH's Net-margin (%) is ranked higher than
85% of the 182 Companies
in the Global Diagnostics & Research industry.

( Industry Median: -0.31 vs. LH: 9.05 )
LH' s 10-Year Net-margin (%) Range
Min: -9.16   Max: 12.02
Current: 9.05

-9.16
12.02
ROE (%) 20.54
LH's ROE (%) is ranked higher than
93% of the 178 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 0.65 vs. LH: 20.54 )
LH' s 10-Year ROE (%) Range
Min: -45.84   Max: 28.64
Current: 20.54

-45.84
28.64
ROA (%) 7.69
LH's ROA (%) is ranked higher than
86% of the 188 Companies
in the Global Diagnostics & Research industry.

( Industry Median: -0.89 vs. LH: 7.69 )
LH' s 10-Year ROA (%) Range
Min: -8.18   Max: 11.43
Current: 7.69

-8.18
11.43
ROC (Joel Greenblatt) (%) 79.07
LH's ROC (Joel Greenblatt) (%) is ranked higher than
95% of the 188 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 6.61 vs. LH: 79.07 )
LH' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -10.63   Max: 137.1
Current: 79.07

-10.63
137.1
Revenue Growth (%) 10.00
LH's Revenue Growth (%) is ranked higher than
81% of the 152 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 6.60 vs. LH: 10.00 )
LH' s 10-Year Revenue Growth (%) Range
Min: -21.4   Max: 20
Current: 10

-21.4
20
EBITDA Growth (%) 6.30
LH's EBITDA Growth (%) is ranked higher than
74% of the 125 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 1.50 vs. LH: 6.30 )
LH' s 10-Year EBITDA Growth (%) Range
Min: -8.3   Max: 17.6
Current: 6.3

-8.3
17.6
EPS Growth (%) 5.60
LH's EPS Growth (%) is ranked higher than
75% of the 132 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 2.60 vs. LH: 5.60 )
LH' s 10-Year EPS Growth (%) Range
Min: 5.6   Max: 82.8
Current: 5.6

5.6
82.8
» LH's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

LH Guru Trades in Q3 2013

Steven Cohen 4,584 sh (New)
Jim Simons 368,900 sh (+72.44%)
Chris Davis 7,894,873 sh (+34.2%)
Ray Dalio 35,817 sh (+28.38%)
Wallace Weitz 680,480 sh (+11.09%)
Joel Greenblatt 26,808 sh (+6.83%)
Charles Brandes 123,632 sh (+6.2%)
Richard Pzena 2,309,603 sh (+1.81%)
Scott Black 8,288 sh (+0.08%)
Mario Gabelli 4,170 sh (unchged)
Westport Asset Management 150,000 sh (unchged)
Jeremy Grantham 1,266,248 sh (-32.47%)
Mark Hillman 7,226 sh (-35.63%)
» More
Q4 2013

LH Guru Trades in Q4 2013

First Pacific Advisors 84,500 sh (New)
Paul Tudor Jones 3,800 sh (New)
John Hussman 200,000 sh (New)
Scott Black 102,325 sh (+1134.62%)
Joel Greenblatt 140,973 sh (+425.86%)
Steven Cohen 18,012 sh (+292.93%)
Wallace Weitz 903,010 sh (+32.7%)
Chris Davis 9,561,830 sh (+21.11%)
Charles Brandes 144,040 sh (+16.51%)
Richard Pzena 2,405,081 sh (+4.13%)
Mark Hillman 7,339 sh (+1.56%)
Mario Gabelli 4,170 sh (unchged)
Westport Asset Management 150,000 sh (unchged)
Jim Simons Sold Out
Ray Dalio Sold Out
Jeremy Grantham 1,115,269 sh (-11.92%)
» More
Q1 2014

LH Guru Trades in Q1 2014

Jeff Auxier 4,780 sh (New)
David Dreman 718 sh (New)
Larry Robbins 1,073,169 sh (New)
Ray Dalio 8,032 sh (New)
John Rogers 1,027,635 sh (New)
Steven Cohen 40,037 sh (+122.28%)
Wallace Weitz 997,770 sh (+10.49%)
Charles Brandes 148,725 sh (+3.25%)
Chris Davis 9,638,047 sh (+0.8%)
Westport Asset Management 150,000 sh (unchged)
First Pacific Advisors 84,500 sh (unchged)
Paul Tudor Jones Sold Out
Scott Black 102,148 sh (-0.17%)
Mario Gabelli 4,000 sh (-4.08%)
Richard Pzena 2,256,910 sh (-6.16%)
Jeremy Grantham 966,113 sh (-13.37%)
Joel Greenblatt 59,243 sh (-57.98%)
John Hussman 62,900 sh (-68.55%)
» More
Q2 2014

LH Guru Trades in Q2 2014

Tom Gayner 15,000 sh (New)
Louis Moore Bacon 3,935 sh (New)
Paul Tudor Jones 7,020 sh (New)
Ray Dalio 31,466 sh (+291.76%)
John Rogers 1,087,739 sh (+5.85%)
Charles Brandes 154,198 sh (+3.68%)
Wallace Weitz 999,816 sh (+0.21%)
John Hussman 62,900 sh (unchged)
First Pacific Advisors 84,500 sh (unchged)
Mario Gabelli 4,000 sh (unchged)
Larry Robbins Sold Out
David Dreman Sold Out
Jeff Auxier 4,630 sh (-3.14%)
Westport Asset Management 140,000 sh (-6.67%)
Scott Black 79,092 sh (-22.57%)
Richard Pzena 1,654,529 sh (-26.69%)
Chris Davis 6,747,256 sh (-29.99%)
Jeremy Grantham 213,871 sh (-77.86%)
Joel Greenblatt 2,725 sh (-95.4%)
» More
» Details

Insider Trades

Latest Guru Trades with LH

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Chris Davis 2014-06-30 Reduce -29.99%0.78%$98.21 - $104.67 $ 102.682%6747256
Richard Pzena 2014-06-30 Reduce -26.69%0.35%$98.21 - $104.67 $ 102.682%1654529
Scott Black 2014-06-30 Reduce -22.57%0.25%$98.21 - $104.67 $ 102.682%79092
Joel Greenblatt 2014-06-30 Reduce -95.4%0.08%$98.21 - $104.67 $ 102.682%2725
Tom Gayner 2014-06-30 New Buy0.04%$98.21 - $104.67 $ 102.682%15000
Ray Dalio 2014-06-30 Add 291.76%0.02%$98.21 - $104.67 $ 102.682%31466
David Dreman 2014-06-30 Sold Out 0.01%$98.21 - $104.67 $ 102.682%0
John Rogers 2014-03-31 New Buy1.2%$87.86 - $98.64 $ 102.6811%1027635
John Hussman 2014-03-31 Reduce -68.55%0.89%$87.86 - $98.64 $ 102.6811%62900
Wallace Weitz 2014-03-31 Add 10.49%0.29%$87.86 - $98.64 $ 102.6811%997770
Joel Greenblatt 2014-03-31 Reduce -57.98%0.18%$87.86 - $98.64 $ 102.6811%59243
Ray Dalio 2014-03-31 New Buy0.01%$87.86 - $98.64 $ 102.6811%8032
David Dreman 2014-03-31 New Buy0.01%$87.86 - $98.64 $ 102.6811%718
John Hussman 2013-12-31 New Buy1.3%$87.75 - $107.39 $ 102.683%200000
Scott Black 2013-12-31 Add 1134.62%0.92%$87.75 - $107.39 $ 102.683%102325
Wallace Weitz 2013-12-31 Add 32.7%0.69%$87.75 - $107.39 $ 102.683%903010
Chris Davis 2013-12-31 Add 21.11%0.37%$87.75 - $107.39 $ 102.683%9561830
Joel Greenblatt 2013-12-31 Add 425.86%0.25%$87.75 - $107.39 $ 102.683%140973
Ray Dalio 2013-12-31 Sold Out 0.03%$87.75 - $107.39 $ 102.683%0
Mark Hillman 2013-09-30 Reduce -35.63%0.53%$95.72 - $101.39 $ 102.685%7226
Chris Davis 2013-09-30 Add 34.2%0.51%$95.72 - $101.39 $ 102.685%7894873
Wallace Weitz 2013-09-30 Add 11.09%0.25%$95.72 - $101.39 $ 102.685%680480
Ray Dalio 2013-09-30 Add 28.38%0.01%$95.72 - $101.39 $ 102.685%35817
Premium More recent guru trades are included for Premium Members only!!
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Guru Investment Theses on Laboratory Corp of America Hldgs

John Rogers Comments on Laboratory Corp. of America Holdings - May 07, 2014

We purchased a previous holding in our mid ca p fund, Laboratory Corp. of America Holdings (LH). LabCorp maintains a leading market position in an indust ry that continues to show promising growth potential du e to technological advances, aging demographics, health care cost containment, and preventative medicine. LabCorp maintains a solid balance sheet, generates a significant amount of free cash flow and has been returning value to shareholders through share repurchases. The company operates with an experienced management team that is conservative yet willing to take slight risks in order to grow the business long-term.



From John Rogers (Trades, Portfolio)' Ariel Appreciation Fund first quarter 2014 letter.

Check out John Rogers latest stock trades

Top Ranked Articles about Laboratory Corp of America Hldgs

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John Rogers Comments on Laboratory Corp. of America Holdings
We purchased a previous holding in our mid ca p fund, Laboratory Corp. of America Holdings (LH). LabCorp maintains a leading market position in an indust ry that continues to show promising growth potential du e to technological advances, aging demographics, health care cost containment, and preventative medicine. LabCorp maintains a solid balance sheet, generates a significant amount of free cash flow and has been returning value to shareholders through share repurchases. The company operates with an experienced management team that is conservative yet willing to take slight risks in order to grow the business long-term. Read more...
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Ratios

vs
industry
vs
history
P/E(ttm) 17.10
LH's P/E(ttm) is ranked higher than
90% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 9999.00 vs. LH: 17.10 )
LH' s 10-Year P/E(ttm) Range
Min: 12.98   Max: 24.73
Current: 17.1

12.98
24.73
P/B 3.28
LH's P/B is ranked higher than
66% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 4.00 vs. LH: 3.28 )
LH' s 10-Year P/B Range
Min: 2.69   Max: 5.41
Current: 3.28

2.69
5.41
P/S 1.54
LH's P/S is ranked higher than
79% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 3.90 vs. LH: 1.54 )
LH' s 10-Year P/S Range
Min: 1.33   Max: 2.97
Current: 1.54

1.33
2.97
PFCF 14.71
LH's PFCF is ranked higher than
95% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 9999.00 vs. LH: 14.71 )
LH' s 10-Year PFCF Range
Min: 9.15   Max: 20.72
Current: 14.71

9.15
20.72
EV-to-EBIT 12.36
LH's EV-to-EBIT is ranked higher than
89% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 9999.00 vs. LH: 12.36 )
LH' s 10-Year EV-to-EBIT Range
Min: 8.8   Max: 16.2
Current: 12.36

8.8
16.2
PEG 2.51
LH's PEG is ranked higher than
92% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 9999.00 vs. LH: 2.51 )
LH' s 10-Year PEG Range
Min: 0.82   Max: 166.25
Current: 2.51

0.82
166.25
Shiller P/E 17.75
LH's Shiller P/E is ranked higher than
96% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 9999.00 vs. LH: 17.75 )
LH' s 10-Year Shiller P/E Range
Min: 16.03   Max: 36.5
Current: 17.75

16.03
36.5
Current Ratio 2.11
LH's Current Ratio is ranked higher than
62% of the 186 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 2.56 vs. LH: 2.11 )
LH' s 10-Year Current Ratio Range
Min: 0.47   Max: 3.64
Current: 2.11

0.47
3.64
Quick Ratio 1.93
LH's Quick Ratio is ranked higher than
65% of the 186 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 2.29 vs. LH: 1.93 )
LH' s 10-Year Quick Ratio Range
Min: 0.44   Max: 3.45
Current: 1.93

0.44
3.45

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 0.82
LH's Price/DCF (Projected) is ranked higher than
97% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 9999.00 vs. LH: 0.82 )
LH' s 10-Year Price/DCF (Projected) Range
Min: 0.68   Max: 6.11
Current: 0.82

0.68
6.11
Price/Median PS Value 0.85
LH's Price/Median PS Value is ranked higher than
75% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 1.10 vs. LH: 0.85 )
LH' s 10-Year Price/Median PS Value Range
Min: 0.07   Max: 1.66
Current: 0.85

0.07
1.66
Price/Peter Lynch Fair Value 2.67
LH's Price/Peter Lynch Fair Value is ranked higher than
91% of the 199 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 9999.00 vs. LH: 2.67 )
LH' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.86   Max: 3.83
Current: 2.67

0.86
3.83
Earnings Yield (Greenblatt) 8.10
LH's Earnings Yield (Greenblatt) is ranked higher than
74% of the 100 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 4.90 vs. LH: 8.10 )
LH' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.2   Max: 11.3
Current: 8.1

6.2
11.3
Forward Rate of Return (Yacktman) 11.95
LH's Forward Rate of Return (Yacktman) is ranked higher than
85% of the 153 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 1.68 vs. LH: 11.95 )
LH' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.8   Max: 22.8
Current: 11.95

4.8
22.8

Business Description

Industry: Medical Diagnostics & Research » Diagnostics & Research
Compare:ALR, DGX, LIFE, ENZ, IDXX » details
Traded in other countries:LAB.Germany
Laboratory Corporation of America Holdings is an independent clinical laboratory company in the United States. Since the Company's founding in 1971, it has grown into a national network of 54 primary laboratories and over 1,700 patient service centers along with a network of branches and STAT laboratories (which are laboratories that have the ability to perform certain routine tests quickly and report the results to the physician immediately). Through its national network of laboratories, the Company offers a broad range of clinical laboratory tests that are used by the medical profession in routine testing, patient diagnosis, and in the monitoring and treatment of disease. In addition, the Company has developed testing operations, such as oncology testing, HIV genotyping and phenotyping, diagnostic genetics and clinical trials. Laboratory tests and procedures are used generally by hospitals, physicians and other health care providers and commercial clients to assist in the diagnosis, evaluation, detection, therapy selection, monitoring and treatment of diseases and other medical conditions through the examination of substances in the blood, tissues and other specimens. The Company believes that it competes favorably with its principal competitors in each of these areas and is currently implementing strategies designed to improve its competitive position. The Company's strategic plan continues to focus on three critical priorities: scientific differentiation, managed care, and customer service. The Company offers its services through a sales force focused on serving the specific needs of customers in different market segments. These market segments generally include Specialty Cancer, Hospitals and Primary Care. The Company is subject to licensing and regulation under federal, state and local laws and regulations relating to the protection of the environment and human health and safety and laws and regulations relating to the handling, transportation and disposal of medical specimens, infectious and hazardous waste and radioactive materials.
» More Articles for LH

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