Limbach Holdings, Inc. (NASDAQ:LMB – Free Report) – Equities research analysts at Roth Capital boosted their FY2025 earnings estimates for Limbach in a research note issued to investors on Tuesday, December 3rd. Roth Capital analyst G. Sweeney now expects that the construction company will post earnings of $3.36 per share for the year, up from their prior 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:LMB – Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The construction company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. Limbach had a net margin of 5.08% and a return on equity of 20.16%. The business had revenue of $133.90 million for the quarter, compared to analyst estimates of $129.50 million. During the same period in the previous year, the business posted $0.61 earnings per share. The business’s revenue was up 4.9% compared to the same quarter last year.
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Limbach Trading Down 1.9 %
Shares of Limbach stock opened at $100.08 on Wednesday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.14. The company’s 50-day simple moving average is $87.00 and its 200-day simple moving average is $70.04. Limbach has a 52-week low of $35.24 and a 52-week high of $107.00. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 45.49, a price-to-earnings-growth ratio of 3.38 and a beta of 1.09.
Insider Buying and Selling at Limbach
In other Limbach news, Director Joshua Horowitz sold 5,000 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $64.02, for a total value of $320,100.00. Following the sale, the director now owns 190,000 shares of the company’s stock, valued at $12,163,800. This represents a 2.56 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.20% of the company’s stock.
Institutional Trading of Limbach
Institutional investors and hedge funds have recently modified their holdings of the business. American Capital Advisory LLC purchased a new position in shares of Limbach during the third quarter valued at approximately $25,000. nVerses Capital LLC purchased a new position in shares of Limbach during the third quarter valued at approximately $53,000. Harbor Capital Advisors Inc. lifted its stake in shares of Limbach by 6.3% during 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 during the period. Quest Partners LLC purchased a new position in shares of Limbach during the third quarter valued at approximately $207,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Limbach during the second quarter valued at approximately $223,000. Hedge funds and other institutional investors own 55.85% of the company’s stock.
About Limbach
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.
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