Limbach (NASDAQ:LMB – Get Free Report) released its earnings results on Monday. The construction company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.31, Zacks reports. The firm had revenue of $143.70 million during the quarter, compared to analysts’ expectations of $149.37 million. Limbach had a return on equity of 20.16% and a net margin of 5.08%. The company’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. Limbach updated its FY 2025 guidance to EPS.
Limbach Trading Down 5.2 %
Limbach stock opened at $68.92 on Tuesday. Limbach has a 52 week low of $38.03 and a 52 week high of $107.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $776.94 million, a P/E ratio of 31.33, a PEG ratio of 2.22 and a beta of 1.18. The stock has a 50-day simple moving average of $90.72 and a 200 day simple moving average of $85.38.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on LMB shares. Stifel Nicolaus decreased their price objective on Limbach from $117.00 to $102.00 and set a “buy” rating for the company in a report on Friday. Lake Street Capital raised their price objective on Limbach from $100.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, StockNews.com cut Limbach from a “buy” rating to a “hold” rating in a report on Thursday, November 14th.
Limbach Company Profile
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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