Limbach (LMB) Projected to Post Earnings on Monday

Limbach (NASDAQ:LMB - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $121.06 million for the quarter. Limbach has set its FY 2025 guidance at EPS.

Limbach (NASDAQ:LMB - Get Free Report) last posted its earnings results on Monday, March 10th. The construction company reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.31. The business had revenue of $143.70 million for the quarter, compared to analysts' expectations of $149.37 million. Limbach had a return on equity of 20.16% and a net margin of 5.08%. The business's revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 earnings per share. On average, analysts expect Limbach to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Limbach Stock Performance

NASDAQ:LMB traded up $3.09 during mid-day trading on Thursday, reaching $98.83. 246,073 shares of the stock were exchanged, compared to its average volume of 174,484. The stock has a market capitalization of $1.15 billion, a P/E ratio of 44.92, a P/E/G ratio of 2.22 and a beta of 1.01. Limbach has a 1 year low of $43.78 and a 1 year high of $107.00. The company has a 50 day simple moving average of $80.25 and a 200-day simple moving average of $87.72. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.14.

Wall Street Analysts Forecast Growth

LMB has been the subject of several recent research reports. Lake Street Capital increased their price target on Limbach from $100.00 to $125.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Stifel Nicolaus set a $103.00 target price on Limbach in a research note on Wednesday, March 12th.

Insiders Place Their Bets

In related news, Director Joshua Horowitz sold 25,400 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $75.43, for a total value of $1,915,922.00. Following the sale, the director now directly owns 164,600 shares of the company's stock, valued at approximately $12,415,778. This represents a 13.37 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.20% of the stock is currently owned by company insiders.

About Limbach

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.