From what 3 stock analysts predict, the share price for Limbach Holdings Inc (LMB) might increase by 14.21% in the next year. This is based on a 12-month average estimation for LMB. Price targets go from $100 to $113. The majority of stock analysts believe LMB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Limbach Holdings Inc has a total of 3 Wall St Analyst ratings. There are 3 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Limbach Holdings Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of LMB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Brian Brophy Stifel | Buy | $108 | Initiates | Nov 15, 2024 |
Gerry Sweeney Roth MKM | Buy | $103 | Maintains | Nov 7, 2024 |
Gerry Sweeney Roth MKM | Buy | $80 | Maintains | Nov 4, 2024 |
Gerry Sweeney Roth MKM | Buy | $36 | Maintains | Aug 21, 2023 |
Lake Street | Buy | Maintains | Aug 11, 2023 | |
Chip Moore EF Hutton | Buy | $22 | Maintains | May 10, 2023 |
Rob Brown Lake Street | Buy | $27 | Maintains | May 9, 2023 |
Chip Moore EF Hutton | Buy | $18 | Maintains | Mar 10, 2023 |
Roth MKM | Buy | Maintains | Mar 10, 2023 | |
Chip Moore EF Hutton | Buy | $15 | Initiates | Nov 22, 2021 |
DA Davidson | Neutral | Downgrade | Jan 24, 2020 | |
Roth Capital | Buy | Upgrade | Apr 17, 2019 | |
DA Davidson | Buy | $8 | Maintains | Nov 21, 2018 |
Roth Capital | Buy | Initiates | Mar 6, 2017 | |
DA Davidson | Buy | Initiates | Dec 22, 2016 |
When did it IPO
2016
Staff Count
1,300
Country
United States
Sector/Industry
Industrials/Building Products & Equipment
CEO
Mr. Michael M. McCann
Market Cap
$1.06B
In 2023, LMB generated $516.4M in revenue, which was a increase of 3.94% from the previous year. This can be seen as a signal that LMB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Limbach Holdings, Inc. (Nasdaq: LMB) has acquired Consolidated Mechanical, Inc., a provider of mechanical services for heavy industrial, power, and commercial markets, enhancing its building systems solutions.
Why It Matters - Limbach's acquisition of CMI expands its service offerings and market reach, potentially enhancing revenue streams and competitive positioning in the mechanical systems sector.
Summary - Argan, Inc. (AGX) is positioned for long-term growth with a strong balance sheet and backlog, despite high valuations. Powell Industries (POWL) and Sterling Infrastructure (STRL) face valuation concerns.
Why It Matters - Argan, Inc. (AGX) stands out with a strong balance sheet and growth potential, making it a top pick despite high valuations. Other companies face volatility and valuation concerns, impacting their attractiveness.
Summary - Limbach (LMB) is highlighted as a strong stock candidate, having passed the "Recent Price Strength" screening, indicating potential for continued upward momentum.
Why It Matters - Limbach's strong performance and positive screening indicate potential for continued growth, suggesting it may be a promising investment opportunity.
Summary - Limbach Holdings, Inc. (LMB) stock reached a new 52-week high of $103.20 before closing at $102.64, indicating strong market performance.
Why It Matters - Limbach Holdings reaching a 52-week high indicates strong market confidence, potentially attracting more investors and driving further price momentum.
Summary - Limbach (LMB) and Allot Communications (ALLT) performance data compared to their sector has been reported for the year to date.
Why It Matters - Performance comparisons indicate potential growth or risk relative to sector trends, guiding investment decisions for Limbach and Allot Communications.
Summary - Limbach Holdings, Inc. (Nasdaq: LMB) will hold one-on-one investor meetings at the UBS Global Industrials conference, featuring CEO Michael McCann and CFO Jayme Brooks.
Why It Matters - Limbach Holdings' leadership engaging in one-on-one meetings signals potential strategic developments and investor interest, impacting stock perception and future valuation.