NASDAQ:LMB - Limbach Stock Price, Forecast & News

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

Limbach Holdings Inc (NASDAQ:LMB) posted its earnings results on Wednesday, August, 14th. The construction company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.32. The construction company earned $132.75 million during the quarter, compared to analysts' expectations of $138 million. Limbach had a return on equity of 11.17% and a net margin of 0.11%. View Limbach's Earnings History.

Limbach is scheduled to release their next quarterly earnings announcement on Monday, April 20th 2020. View Earnings Estimates for Limbach.

Limbach issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$550-570 million, compared to the consensus revenue estimate of $$559.85 million.

2 brokerages have issued 12 month target prices for Limbach's stock. Their forecasts range from $5.00 to $10.00. On average, they anticipate Limbach's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price. View Analyst Price Targets for Limbach.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Limbach in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Limbach.

Media headlines about LMB stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Limbach earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media stories about the construction company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Limbach.

Limbach saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 66,400 shares, a decrease of 25.1% from the December 31st total of 88,700 shares. Based on an average daily volume of 72,200 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.1% of the company's stock are sold short. View Limbach's Current Options Chain.

Some companies that are related to Limbach include Bouygues (BOUYF), Obayashi (OBYCF), TopBuild (BLD), Brookfield Business Partners (BBU), Ameresco (AMRC), VALLOUREC SA/S (VLOWY), Argan (AGX), Matrix Service (MTRX), Concrete Pumping (BBCP), China Advanced Constructn Mtrls Grp (CADC) and Real Goods Solar (RGSE).

Based on aggregate information from My MarketBeat watchlists, some companies that other Limbach investors own include Delphi Technologies (DLPH), Applied Materials (AMAT), Royal Bank of Canada (RY), Advanced Emissions Solutions (ADES), G-III Apparel Group (GIII), Gilead Sciences (GILD), Eastman Chemical (EMN), Energy Transfer LP Unit (ET), General Motors (GM) and Home Depot (HD).

Limbach's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.60%). Company insiders that own Limbach stock include 1347 Investors Llc, Charles A Bacon III, John T Jr Jordan, Kristopher L Thorne and Michael F Mcnally. View Institutional Ownership Trends for Limbach.

LMB stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC. View Insider Buying and Selling for Limbach.

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

One share of LMB stock can currently be purchased for approximately $4.50.

Limbach has a market capitalization of $34.61 million and generates $546.53 million in revenue each year. The construction company earns $-1,850,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis. Limbach employs 1,700 workers across the globe.View Additional Information About Limbach.

The official website for Limbach is http://www.limbachinc.com/.

Limbach's mailing address is 1251 Waterfront Place Suite 201, Pittsburgh PA, 15222. The construction company can be reached via phone at 412-359-2100 or via email at [email protected]