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NASDAQ:LMB

Limbach (LMB) Stock Price, News & Analysis

$57.08
-1.72 (-2.93%)
(As of 05/31/2024 ET)
Today's Range
$55.94
$59.25
50-Day Range
$39.02
$58.80
52-Week Range
$19.92
$59.96
Volume
104,368 shs
Average Volume
176,273 shs
Market Capitalization
$638.15 million
P/E Ratio
26.55
Dividend Yield
N/A
Price Target
$39.00

Limbach MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
31.7% Downside
$39.00 Price Target
Short Interest
Bearish
5.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of Limbach in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$399,926 Sold Last Quarter
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.

1.57 out of 5 stars

Construction Sector

79th out of 99 stocks

Construction - Special Trade Contractors Industry

6th out of 7 stocks

LMB stock logo

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

LMB Stock News Headlines

Limbach Holdings, Inc. (LMB)
Limbach Holdings Recent Insider Activity
The Top Manufacturing Stocks to Buy in April 2024
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/31/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Construction - special trade contractors
Sub-Industry
N/A
Current Symbol
NASDAQ:LMB
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
-31.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$20.75 million
Pretax Margin
6.17%

Debt

Sales & Book Value

Annual Sales
$516.35 million
Cash Flow
$2.62 per share
Book Value
$11.23 per share

Miscellaneous

Free Float
10,042,000
Market Cap
$638.15 million
Optionable
Optionable
Beta
0.97
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Key Executives

  • Mr. Michael M. McCann (Age 41)
    President, CEO & Director
    Comp: $1.41M
  • Ms. Jayme L. Brooks (Age 53)
    Executive VP & CFO
    Comp: $933.92k
  • Mr. Jay A. Sharp (Age 57)
    President of Limbach Company LLC, Limbach Company LP, & Jake Marshall LLC
    Comp: $877.64k
  • 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

LMB Stock Analysis - Frequently Asked Questions

Should I buy or sell Limbach stock right now?

2 Wall Street equities 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 equities 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 brokers 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 share price to reach $39.00 in the next twelve months. This suggests that the stock has a possible downside of 31.7%.
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 2024. Since then, LMB shares have increased by 25.5% and is now trading at $57.08.
View the best growth stocks for 2024 here
.

Are investors shorting Limbach?

Limbach saw a increase in short interest in May. As of May 15th, there was short interest totaling 562,200 shares, an increase of 16.9% from the April 30th total of 481,000 shares. Based on an average daily volume of 192,200 shares, the days-to-cover ratio is presently 2.9 days. Currently, 5.8% of the company's stock 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 Wednesday, August 14th 2024.
View our LMB earnings forecast
.

How were Limbach's earnings last quarter?

Limbach Holdings, Inc. (NASDAQ:LMB) announced its quarterly earnings results on Wednesday, May, 8th. The construction company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.28. The construction company had revenue of $118.98 million for the quarter, compared to analysts' expectations of $126.50 million. Limbach had a trailing twelve-month return on equity of 21.75% and a net margin of 4.93%.

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

Limbach issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $510.0 million-$530.0 million, compared to the consensus revenue estimate of $515.2 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.03%), Acadian Asset Management LLC (2.00%), Russell Investments Group Ltd. (0.64%), O Shaughnessy Asset Management LLC (0.46%), Jacobs Levy Equity Management Inc. (0.34%) and 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 F Mcnally, 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 6/1/2024 by MarketBeat.com Staff

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