NASDAQ:LMB

Limbach (LMB) Stock Forecast, Price & News

$28.91

-1.59 (-5.21%)

(As of 10/3/2023 ET)

Compare

Today's Range: $28.22
▼
$30.41
50-Day Range: $24.60
▼
$36.74
52-Week Range: $7.19
▼
$37.71

Volume: 217,886 shs
Average Volume: 225,131 shs
Market Capitalization: $318.01 million

P/E Ratio: 20.36
Dividend Yield: N/A
Price Target: $32.00

Limbach MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 10.7% Upside
$32.00 Price Target
Short Interest: Healthy
4.61% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.29
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$198,622 Bought Last Quarter
Proj. Earnings Growth: 25.74%
From $1.36 to $1.71 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.58 out of 5 stars

Construction Sector

27th out of 101 stocks

Construction - Special Trade Contractors Industry

5th out of 7 stocks

2.5

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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.00, Limbach has a forecasted upside of 10.7% from its current price of $28.91.
Amount of Analyst Coverage
Limbach has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
4.61% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Limbach has recently decreased by 12.12%, indicating that investor sentiment is improving 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.

2.4

News and Social Media Coverage

News Sentiment
Limbach has a news sentiment score of 0.29. 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 0.69 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Limbach this week, compared to 1 article on an average week.
Search Interest
25 people have searched for LMB on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Limbach to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Limbach insiders have bought 380.04% more of their company's stock than they have sold. Specifically, they have bought $198,622.00 in company stock and sold $41,376.00 in 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
45.38% 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 25.74% in the coming year, from $1.36 to $1.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Limbach is 20.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.32.
Price to Earnings Ratio vs. Sector
The P/E ratio of Limbach is 20.36, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 13.25.
Price to Earnings Growth Ratio
Limbach has a PEG Ratio of 1.87. 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 3.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Limbach (NASDAQ:LMB) Stock

Limbach Holdings, Inc. operates as an integrated building systems solutions company in the United States. It operates in two segments, General Contractor Relationships and Owner Direct Relationships. The company engages in the design, prefabrication, installation, management, and maintenance of mechanical, electrical, plumbing, and control systems, as well as heating, ventilation, air-conditioning (HVAC) system. Its facility services comprise mechanical construction, HVAC service and maintenance, energy audits and retrofits, engineering and design build, constructability evaluation, equipment and materials selection, offsite/prefabrication construction, and sustainable building solutions and practices. The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; sports arenas; cultural and entertainment facilities, and amusement rides and parks; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things. The company was founded in 1901 and is headquartered in Warrendale, Pennsylvania.

LMB Price History

30 days | 90 days | 365 days | Advanced Chart

LMB Stock News Headlines

October 3, 2023 | msn.com

Limbach Holdings: Compelling Opportunity In A Defensive Name

September 29, 2023 | finance.yahoo.com

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Limbach (NASDAQ: LMB)

September 25, 2023 | finance.yahoo.com

Best Growth Stocks to Buy for September 25th

September 21, 2023 | finance.yahoo.com

Reasons to Invest in Limbach Holdings (LMB)

September 18, 2023 | finance.yahoo.com

Best Growth Stocks to Buy for September 18th

September 6, 2023 | finance.yahoo.com

What Makes Limbach (LMB) a Good Fit for 'Trend Investing'

October 4, 2023 | Edge On The Street (Ad)

The Strategic Gold Play You Haven't Heard About

September 5, 2023 | finance.yahoo.com

Zacks.com featured highlights include M/I Homes, Modine Manufacturing, The Andersons and Limbach Holdings

August 31, 2023 | msn.com

Limbach Holdings (LMB) Price Target Increased by 52.94% to 39.78

August 30, 2023 | finance.yahoo.com

Add These 4 Solid Net Profit Margin Stocks for Strong Returns

August 30, 2023 | seekingalpha.com

Buying Into Limbach Holdings Technical Complexity

August 29, 2023 | finance.yahoo.com

Are You Looking for a Top Momentum Pick? Why Limbach (LMB) is a Great Choice

August 26, 2023 | finance.yahoo.com

Several Insiders Invested In Limbach Holdings Flagging Positive News

August 25, 2023 | finance.yahoo.com

Unraveling the Future of Limbach Holdings Inc: A Deep Dive into Key Metrics

August 25, 2023 | finance.yahoo.com

Is Limbach Holdings (LMB) Significantly Overvalued?

August 23, 2023 | finance.yahoo.com

Surging Earnings Estimates Signal Upside for Limbach (LMB) Stock

August 22, 2023 | msn.com

Roth MKM Maintains Limbach Holdings (LMB) Buy Recommendation

August 21, 2023 | finance.yahoo.com

Here's Why 'Trend' Investors Would Love Betting on Limbach (LMB)

August 17, 2023 | msn.com

Chart of the Day: Limbach - Engineering and Construction Star

August 11, 2023 | marketwatch.com

Limbach Holdings Shares Rally on Improved Results, Guidance >LMB

August 11, 2023 | finance.yahoo.com

Why Limbach Stock Is Up Today

August 9, 2023 | finance.yahoo.com

Limbach Holdings, Inc. Announces Second Quarter 2023 Results

August 8, 2023 | finance.yahoo.com

What to Expect From Limbach Holdings' (LMB) Q2 Earnings?

July 31, 2023 | msn.com

Greystone Capital - Limbach Holdings: Despite Strong YTD Performance, Significant Upside Remains

July 31, 2023 | finance.yahoo.com

Is It Too Late To Consider Buying Limbach Holdings, Inc. (NASDAQ:LMB)?

See More Headlines

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LMB Company Calendar

Last Earnings: 8/09/2023
Today: 10/03/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Construction - special trade contractors
Sub-Industry: N/A
Sector: Construction
Current Symbol: NASDAQ:LMB
CUSIP: N/A
CIK: 1606163
Web: www.limbachinc.com
Phone: (412) 359-2100
Fax: 412-359-2235
Employees: 1,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $32.00
High Stock Price Forecast: $42.00
Low Stock Price Forecast: $18.00
Forecasted Upside/Downside: +10.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.42
Trailing P/E Ratio: 20.36
Forward P/E Ratio: 21.26
P/E Growth: 1.94
Net Income: $6.80 million
Net Margins: 3.08%
Pretax Margin: 4.22%
Return on Equity: 18.30%
Return on Assets: 6.40%

Debt

Debt-to-Equity Ratio: 0.18
Current Ratio: 1.57
Quick Ratio: 1.57

Sales & Book Value

Annual Sales: $511.73 million
Price / Sales: 0.62
Cash Flow: $1.86 per share
Price / Cash Flow: 15.52
Book Value: $9.11 per share
Price / Book: 3.17

Miscellaneous

Outstanding Shares: 11,003,000
Free Float: 9,298,000
Market Cap: $318.10 million
Optionable: Not Optionable
Beta: 1.15

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Key Executives

Mr. Michael M. McCann (Age 40)
Pres, CEO & Director
Comp: $760.45k

Ms. Jayme L. Brooks (Age 52)
Exec. VP & CFO
Comp: $677.21k

Mr. Christos Ruci
Chief Information Officer

Mr. Scott Wright
Exec. VP of Legal & Risk Management

Ms. Melissa DiMuro
Chief People, Culture & Marketing Officer

Mr. Samuel Matthew Katz (Age 48)
Exec. VP of M&A and Capital Markets

Mr. Shawn Murphy LEED AP
P.E., Pres of Limbach Collaborative Services

Mr. Dominick Traina
Exec. VP of Shared Services

Dennis Sacco Jr.
Sr. 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 - Frequently Asked Questions

Should I buy or sell Limbach stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Limbach in the last year. There are currently 3 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 forecast for 2023?: 3 brokers have issued 12 month price objectives for Limbach's stock. Their LMB share price forecasts range from $18.00 to $42.00. On average, they anticipate the company's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for LMB or view top-rated stocks among Wall Street analysts.
How have LMB shares performed in 2023?: Limbach's stock was trading at $10.41 at the beginning of the year. Since then, LMB stock has increased by 177.7% and is now trading at $28.91.
View the best growth stocks for 2023 here.
When is Limbach's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our LMB earnings forecast.
How were Limbach's earnings last quarter?: Limbach Holdings, Inc. (NASDAQ:LMB) announced its quarterly earnings data on Wednesday, August, 9th. The construction company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.23 by $0.23. The construction company earned $124.88 million during the quarter, compared to the consensus estimate of $124 million. Limbach had a net margin of 3.08% and a trailing twelve-month return on equity of 18.30%.
What ETF holds Limbach's stock ?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 2,000 shares of LMB stock, representing 1.05% of its portfolio.
What guidance has Limbach issued on next quarter's earnings?: Limbach issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $490.00 million-$520.00 million, compared to the consensus revenue estimate of $495.65 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).
What is Limbach's stock symbol?: Limbach trades on the NASDAQ under the ticker symbol "LMB."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Limbach's stock price today?: One share of LMB stock can currently be purchased for approximately $28.91.
How much money does Limbach make?: Limbach (NASDAQ:LMB) has a market capitalization of $318.10 million and generates $511.73 million in revenue each year. The construction company earns $6.80 million in net income (profit) each year or $1.42 on an earnings per share basis.
How many employees does Limbach have?: The company employs 1,500 workers across the globe.
How can I contact Limbach?: 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.

This page (NASDAQ:LMB) was last updated on 10/4/2023 by MarketBeat.com Staff

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