Limbach - LMB Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limbach in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LMB shares.
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Limbach's stock was trading at $10.41 on January 1st, 2023. Since then, LMB stock has increased by 22.8% and is now trading at $12.78.
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Limbach saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 127,800 shares, an increase of 22.4% from the December 31st total of 104,400 shares. Based on an average trading volume of 58,200 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.4% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023.
View our LMB earnings forecast.

Limbach Holdings, Inc. (NASDAQ:LMB) released its earnings results on Wednesday, November, 9th. The construction company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.11. The construction company earned $122.36 million during the quarter, compared to analyst estimates of $130 million. Limbach had a trailing twelve-month return on equity of 11.16% and a net margin of 1.51%.

Limbach issued an update on its FY 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $510.00 million-$530.00 million, compared to the consensus revenue estimate of $508.59 million.

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.

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).

Limbach trades on the NASDAQ under the ticker symbol "LMB."

Limbach's stock is owned by many different retail and institutional investors. Top institutional investors include Ritholtz Wealth Management (0.10%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include 1347 Investors Llc, Brian Pratt, Charles A Bacon III, Financial Services In Kingsway, Jayme L Brooks, Joshua Horowitz, Laurel J Krzeminski and Michael M Mccann.
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Shares of LMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LMB stock can currently be purchased for approximately $12.78.

Limbach (NASDAQ:LMB) has a market capitalization of $133.81 million and generates $490.35 million in revenue each year. The construction company earns $6.71 million in net income (profit) each year or $0.68 on an earnings per share basis.

The company employs 1,650 workers across the globe.

Limbach's mailing address is 1251 Waterfront Place Suite 201, Pittsburgh PA, 15222. The official website for the company is www.limbachinc.com. The construction company can be reached via phone at (412) 359-2100, via email at jhellman@equityny.com, or via fax at 412-359-2235.