Roth Capital Has Strong Estimate for Limbach FY2025 Earnings

Limbach Holdings, Inc. (NASDAQ:LMBFree Report) – Investment analysts at Roth Capital lifted their FY2025 earnings estimates for Limbach in a report released on Tuesday, December 3rd. Roth Capital analyst G. Sweeney now expects that the construction company will post earnings per share of $3.36 for the year, up from their previous forecast of $3.13. The consensus estimate for Limbach’s current full-year earnings is $2.54 per share. Roth Capital also issued estimates for Limbach’s FY2026 earnings at $3.91 EPS.

Limbach (NASDAQ:LMBGet Free Report) last released its quarterly earnings results on Tuesday, November 5th. The construction company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.05. The company had revenue of $133.90 million for the quarter, compared to analyst estimates of $129.50 million. Limbach had a net margin of 5.08% and a return on equity of 20.16%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.61 earnings per share.

A number of other research analysts have also recently issued reports on the company. Roth Mkm lifted their price target on Limbach from $67.00 to $80.00 and gave the company a “buy” rating in a report on Monday, November 4th. StockNews.com cut Limbach from a “buy” rating to a “hold” rating in a report on Thursday, November 14th. Finally, Stifel Nicolaus started coverage on Limbach in a research report on Friday, November 15th. They set a “buy” rating and a $108.00 target price for the company.

View Our Latest Report on LMB

Limbach Stock Down 0.7 %

LMB opened at $102.06 on Wednesday. Limbach has a fifty-two week low of $35.24 and a fifty-two week high of $107.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.57 and a quick ratio of 1.57. The firm’s fifty day moving average price is $86.49 and its two-hundred day moving average price is $69.83. The company has a market capitalization of $1.15 billion, a P/E ratio of 46.39, a P/E/G ratio of 3.38 and a beta of 1.09.

Insider Activity at Limbach

In other Limbach news, Director Joshua Horowitz sold 5,000 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $64.02, for a total value of $320,100.00. Following the transaction, the director now directly owns 190,000 shares of the company’s stock, valued at $12,163,800. This represents a 2.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 10.20% of the stock is owned by company insiders.

Institutional Trading of Limbach

Several large investors have recently modified their holdings of LMB. American Capital Advisory LLC acquired a new stake in Limbach in the third quarter valued at about $25,000. nVerses Capital LLC acquired a new stake in Limbach in the third quarter valued at about $53,000. Harbor Capital Advisors Inc. boosted its stake in Limbach by 6.3% in the third quarter. Harbor Capital Advisors Inc. now owns 2,736 shares of the construction company’s stock valued at $207,000 after buying an additional 162 shares in the last quarter. Quest Partners LLC acquired a new stake in Limbach in the third quarter valued at about $207,000. Finally, The Manufacturers Life Insurance Company bought a new position in Limbach in the second quarter valued at about $223,000. 55.85% of the stock is owned by institutional investors and hedge funds.

Limbach Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Limbach Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Limbach and related companies with MarketBeat.com's FREE daily email newsletter.