Should I buy or sell Limbach stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Limbach in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LMB shares. View LMB analyst ratings or view top-rated stocks .

What is Limbach's stock price target for 2024?

2 analysts have issued 1 year target prices for Limbach's shares. Their LMB share price targets range from $36.00 to $42.00. On average, they anticipate the company's stock price to reach $39.00 in the next twelve months. This suggests that the stock has a possible downside of 2.5%. View analysts price targets for LMB or view top-rated stocks among Wall Street analysts .

How have LMB shares performed in 2024?

Limbach's stock was trading at $45.47 at the beginning of the year. Since then, LMB stock has decreased by 12.0% and is now trading at $40.02. View the best growth stocks for 2024 here .

Are investors shorting Limbach?

Limbach saw a increase in short interest in March. As of March 31st, there was short interest totaling 448,600 shares, an increase of 55.9% from the March 15th total of 287,800 shares. Based on an average daily trading volume, of 181,100 shares, the short-interest ratio is presently 2.5 days. Currently, 4.9% of the shares of the company are sold short. View Limbach's Short Interest .

When is Limbach's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024. View our LMB earnings forecast .

How were Limbach's earnings last quarter?

Limbach Holdings, Inc. (NASDAQ:LMB) posted its quarterly earnings data on Wednesday, March, 13th. The construction company reported $0.44 EPS for the quarter. The construction company earned $142.69 million during the quarter, compared to analyst estimates of $131.25 million. Limbach had a net margin of 4.02% and a trailing twelve-month return on equity of 18.87%.

What ETFs hold Limbach's stock?

ETFs with the largest weight of Limbach (NASDAQ:LMB) stock in their portfolio include Profound Medical (PRN) . AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) .

What guidance has Limbach issued on next quarter's earnings?

Limbach updated its FY 2024 earnings guidance on Wednesday, March, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $510.0 million-$530.0 million, compared to the consensus revenue estimate of $541.1 million.

What is Charlie Bacon III's approval rating as Limbach's CEO?

22 employees have rated Limbach Chief Executive Officer Charlie Bacon III on Glassdoor.com . Charlie Bacon III has an approval rating of 57% among the company's employees. This puts Charlie Bacon III in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Limbach own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Limbach investors own include NVIDIA (NVDA) , Carnival Co. & (CCL) , Delphi Technologies (DLPH) , G-III Apparel Group (GIII) , Air Lease (AL) , Applied Materials (AMAT) , Amyris (AMRS) , Alibaba Group (BABA) and Ford Motor (F) .

Who are Limbach's major shareholders?

Limbach's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.33%). Insiders that own company stock include Charles A Bacon III , Gordon G Pratt, Jay Sharp, Jayme L Brooks, Joshua Horowitz , Laurel J Krzeminski , Michael M Mccann and Norbert W Young. View institutional ownership trends .

How do I buy shares of Limbach?

Shares of LMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:LMB

Limbach (LMB) Stock Price, News & Analysis

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$40.02

+0.70 (+1.78%)

(As of 04/18/2024 ET)

Compare

Today's Range: $39.29
▼
$41.55
50-Day Range: $39.02
▼
$51.85
52-Week Range: $15.83
▼
$52.96

Volume: 114,620 shs
Average Volume: 174,998 shs
Market Capitalization: $445.42 million

P/E Ratio: 22.48
Dividend Yield: N/A
Price Target: $39.00

Get Limbach alerts:

Limbach MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 2.5% Downside
$39.00 Price Target
Short Interest: Healthy
4.91% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.20
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 19.68%
From $1.88 to $2.25 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.26 out of 5 stars

Construction Sector

90th out of 100 stocks

Construction - Special Trade Contractors Industry

8th out of 8 stocks

1.5

Analyst's Opinion

Consensus Rating
Limbach has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Limbach has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.91% of the float of Limbach has been sold short.
Short Interest Ratio / Days to Cover
Limbach has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Limbach has recently increased by 55.87%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Limbach does not currently pay a dividend.
Dividend Growth
Limbach does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LMB.

1.8

News and Social Media Coverage

News Sentiment
Limbach has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Limbach this week, compared to 2 articles on an average week.
Search Interest
Only 14 people have searched for LMB on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Limbach to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Limbach insiders have not sold or bought any company stock.
Percentage Held by Insiders
15.50% of the stock of Limbach is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
55.85% of the stock of Limbach is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Limbach are expected to grow by 19.68% in the coming year, from $1.88 to $2.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Limbach is 22.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Limbach is 22.48, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 18.57.
Price to Earnings Growth Ratio
Limbach has a PEG Ratio of 1.74. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Limbach has a P/B Ratio of 3.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Limbach Stock (NASDAQ:LMB)

Limbach Holdings, Inc. operates as a building systems solution company in the United States. It operates through two segments, General Contractor Relationships and Owner Direct Relationships. The company engages in the construction and renovation projects that involve primarily include mechanical, plumbing, and electrical services. It also provides critical system repair, MEP infrastructure projects, maintenance contracts, building automation upgrades, data driven insights, and program management services. In addition, it offers captive engineering capabilities, estimating and virtual design; and professional engineering, energy analysis, estimation, and detail design and three-dimensional building installation coordination services. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; sports arenas; entertainment facilities, and amusement rides and parks; data centers; automotive, energy and general manufacturing plants; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things. Limbach Holdings, Inc. was founded in 1901 and is headquartered in Warrendale, Pennsylvania.

LMB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LMB Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: Limbach Holdings (LMB), Quest Resource (QRHC) and VirTra (VTSI)

April 18, 2024 | finance.yahoo.com

Limbach Holdings (NASDAQ:LMB) Could Become A Multi-Bagger

April 19, 2024 | InvestorPlace (Ad)

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April 13, 2024 | americanbankingnews.com

Limbach (NASDAQ:LMB) Downgraded by StockNews.com

April 10, 2024 | seekingalpha.com

Limbach Holdings: Margin Expansion Should Drive This Stock Further

April 8, 2024 | msn.com

Limbach Holdings (NASDAQ:LMB): A Value Play in the Hot HVAC Market

April 3, 2024 | wsj.com

Limbach Holdings Inc.

April 3, 2024 | finance.yahoo.com

Those who invested in Limbach Holdings (NASDAQ:LMB) five years ago are up 426%

April 19, 2024 | InvestorPlace (Ad)

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March 23, 2024 | investorplace.com

3 Stocks That Are Making Hedge Fund Managers Envious

March 20, 2024 | finance.yahoo.com

Institutional owners may ignore Limbach Holdings, Inc.'s (NASDAQ:LMB) recent US$82m market cap decline as longer-term profits stay in the green

March 18, 2024 | investorplace.com

Easy Money: 3 Stocks That Seem Borderline Unfair to Invest In.

March 16, 2024 | seekingalpha.com

Limbach Holdings, Inc. (LMB) Q4 2023 Earnings Call Transcript

March 16, 2024 | finance.yahoo.com

Limbach Holdings, Inc. (NASDAQ:LMB) Q4 2023 Earnings Call Transcript

March 14, 2024 | finance.yahoo.com

Q4 2023 Limbach Holdings Inc Earnings Call

March 13, 2024 | benzinga.com

Limbach Holdings: Q4 Earnings Insights

March 13, 2024 | msn.com

Limbach GAAP EPS of $0.44 beats by $0.04, revenue of $142.7M beats by $13.32M

March 13, 2024 | finance.yahoo.com

Limbach Holdings Inc (LMB) Reports Robust Earnings Growth and Margin Expansion in 2023

March 13, 2024 | businesswire.com

Limbach Holdings, Inc. Reports Fourth Quarter and 2023 Results

March 12, 2024 | markets.businessinsider.com

Here's what to expect from Limbach's earnings

March 12, 2024 | seekingalpha.com

Kingsway: Weak Q4 2023 Results And The Valuation Looks Stretched (Rating Downgrade)

March 8, 2024 | bizjournals.com

Meet Melissa DiMuro, a 2024 BusinessWoman of the Year honoree

March 6, 2024 | nasdaq.com

Limbach (LMB) Stock Moves -0.17%: What You Should Know

March 5, 2024 | businesswire.com

Limbach Holdings to Participate in Roth Conference

March 3, 2024 | finance.yahoo.com

LMB Mar 2024 50.000 put

February 29, 2024 | businesswire.com

Limbach Holdings to Announce Fourth Quarter and Full Year 2023 Results

February 22, 2024 | benzinga.com

Limbach Holdings Stock (NASDAQ:LMB) Dividends: History, Yield and Dates

See More Headlines

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Company Calendar

Last Earnings: 3/13/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/13/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Construction
Industry: Construction - special trade contractors
Sub-Industry: N/A
Current Symbol: NASDAQ:LMB
CUSIP: N/A
CIK: 1606163
Web: www.limbachinc.com
Phone: (412) 359-2100
Fax: 412-359-2235
Employees: 1,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $39.00
High Stock Price Target: $42.00
Low Stock Price Target: $36.00
Potential Upside/Downside: -2.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.78
Trailing P/E Ratio: 22.48
Forward P/E Ratio: 21.29
P/E Growth: 1.74
Net Income: $20.75 million
Net Margins: 4.02%
Pretax Margin: 5.44%
Return on Equity: 18.87%
Return on Assets: 7.30%

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 1.50
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $516.35 million
Price / Sales: 0.86
Cash Flow: $2.69 per share
Price / Cash Flow: 14.87
Book Value: $10.99 per share
Price / Book: 3.64

Miscellaneous

Outstanding Shares: 11,130,000
Free Float: 9,407,000
Market Cap: $445.42 million
Optionable: Optionable
Beta: 1.02

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Key Executives

Mr. Michael M. McCann (Age 41)
President, CEO & Director
Comp: $760.45k
Ms. Jayme L. Brooks (Age 53)
Executive VP & CFO
Comp: $677.21k
Mr. Christos Ruci
Chief Information Officer
Mr. Scott Wright
Executive Vice President of Legal & Risk Management
Ms. Melissa DiMuro
Chief People, Culture & Marketing Officer
Mr. Samuel Matthew Katz (Age 49)
Executive Vice President of M&A and Capital Markets
Comp: $39.78k
Mr. Shawn Murphy LEED AP
P.E., President of Limbach Collaborative Services
Mr. Dominick Traina
Executive Vice President of Shared Services
Dennis Sacco Jr.
Senior VP & Director of Operational Risk Management
Rob Sudz CHST
Michigan Safety Director and Chairman of Hearts & Minds Forum

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LMB Stock Analysis - Frequently Asked Questions

Should I buy or sell Limbach stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Limbach in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LMB shares.
View LMB analyst ratings or view top-rated stocks.
What is Limbach's stock price target for 2024?: 2 analysts have issued 1 year target prices for Limbach's shares. Their LMB share price targets range from $36.00 to $42.00. On average, they anticipate the company's stock price to reach $39.00 in the next twelve months. This suggests that the stock has a possible downside of 2.5%.
View analysts price targets for LMB or view top-rated stocks among Wall Street analysts.
How have LMB shares performed in 2024?: Limbach's stock was trading at $45.47 at the beginning of the year. Since then, LMB stock has decreased by 12.0% and is now trading at $40.02.
View the best growth stocks for 2024 here.
Are investors shorting Limbach?: Limbach saw a increase in short interest in March. As of March 31st, there was short interest totaling 448,600 shares, an increase of 55.9% from the March 15th total of 287,800 shares. Based on an average daily trading volume, of 181,100 shares, the short-interest ratio is presently 2.5 days. Currently, 4.9% of the shares of the company are sold short.
View Limbach's Short Interest.
When is Limbach's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our LMB earnings forecast.
How were Limbach's earnings last quarter?: Limbach Holdings, Inc. (NASDAQ:LMB) posted its quarterly earnings data on Wednesday, March, 13th. The construction company reported $0.44 EPS for the quarter. The construction company earned $142.69 million during the quarter, compared to analyst estimates of $131.25 million. Limbach had a net margin of 4.02% and a trailing twelve-month return on equity of 18.87%.

What ETFs hold Limbach's stock?: ETFs with the largest weight of Limbach (NASDAQ:LMB) stock in their portfolio include Profound Medical (PRN).AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).
What guidance has Limbach issued on next quarter's earnings?: Limbach updated its FY 2024 earnings guidance on Wednesday, March, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $510.0 million-$530.0 million, compared to the consensus revenue estimate of $541.1 million.
What is Charlie Bacon III's approval rating as Limbach's CEO?: 22 employees have rated Limbach Chief Executive Officer Charlie Bacon III on Glassdoor.com. Charlie Bacon III has an approval rating of 57% among the company's employees. This puts Charlie Bacon III in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Limbach own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Limbach investors own include NVIDIA (NVDA), Carnival Co. & (CCL), Delphi Technologies (DLPH), G-III Apparel Group (GIII), Air Lease (AL), Applied Materials (AMAT), Amyris (AMRS), Alibaba Group (BABA) and Ford Motor (F).
Who are Limbach's major shareholders?: Limbach's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.33%). Insiders that own company stock include Charles A Bacon III, Gordon G Pratt, Jay Sharp, Jayme L Brooks, Joshua Horowitz, Laurel J Krzeminski, Michael M Mccann and Norbert W Young.
View institutional ownership trends.
How do I buy shares of Limbach?: Shares of LMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LMB) was last updated on 4/19/2024 by MarketBeat.com Staff

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