廣告
香港股市 將在 5 小時 2 分鐘 開市
  • 恒指

    19,073.71
    -41.35 (-0.22%)
     
  • 國指

    6,741.41
    -20.23 (-0.30%)
     
  • 上證綜指

    3,119.90
    -25.87 (-0.82%)
     
  • 道指

    39,908.00
    +349.89 (+0.88%)
     
  • 標普 500

    5,308.15
    +61.47 (+1.17%)
     
  • 納指

    16,742.39
    +231.21 (+1.40%)
     
  • Vix指數

    12.44
    -0.98 (-7.31%)
     
  • 富時100

    8,445.80
    +17.67 (+0.21%)
     
  • 紐約期油

    78.87
    +0.85 (+1.09%)
     
  • 金價

    2,393.40
    +33.50 (+1.42%)
     
  • 美元

    7.8091
    -0.0028 (-0.04%)
     
  • 人民幣

    0.9239
    -0.0015 (-0.16%)
     
  • 日圓

    0.0502
    +0.0005 (+0.95%)
     
  • 歐元

    8.4990
    +0.0502 (+0.59%)
     
  • Bitcoin

    65,955.59
    +4,389.10 (+7.13%)
     
  • CMC Crypto 200

    1,389.81
    +121.86 (+9.61%)
     

Are You a Value Investor? This 1 Stock Could Be the Perfect Pick

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Why Investors Should Pay Attention to This Value Stock

Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.

廣告

Labcorp (LH)

Headquartered in Burlington, NC, Laboratory Corporation of America Holdings or Labcorp is a leading healthcare diagnostics company, providing comprehensive clinical laboratory services and end-to-end drug development support. In 2015, Labcorp acquired NJ based Covance, a drug development services company providing a wide range of early stage and late-stage product development services on a worldwide basis primarily to the pharmaceutical and biotechnology industries.

LH is a Zacks Rank #3 (Hold) stock, with a Value Style Score of A and VGM Score of B. Shares are currently trading at a forward P/E of 13.4X for the current fiscal year compared to the Medical - Dental Supplies industry's P/E of 17.7X. Additionally, LH has a PEG Ratio of 1.5 and a Price/Cash Flow ratio of 9.8X. Value investors should also note LH's Price/Sales ratio of 1.4X.

Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Four analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.08 to $14.85 per share. LH has an average earnings surprise of 1.4%.

LH should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Labcorp (LH) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research