Laboratory Co. of America Bull Case
Here are some ways that investors could benefit from investing in Laboratory Co. of America Holdings:
- The current stock price is around $248.62, which reflects a stable position in the market.
- Laboratory Co. of America Holdings reported a quarterly revenue increase of 5.3% compared to the same quarter last year, indicating growth potential.
- The company has a strong return on equity of 15.29%, suggesting effective management and profitability.
- Analysts have a consensus rating of "Moderate Buy" with an average price target of approximately $272.92, indicating positive market sentiment.
- The recent dividend announcement of $0.72 per share, with a yield of 1.16%, provides a steady income stream for investors.