Limbach (NASDAQ:LMB - Get Free Report) posted its earnings results on Monday. The construction company reported $1.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.31, Zacks reports. Limbach had a return on equity of 20.16% and a net margin of 5.08%. The firm had revenue of $143.70 million for the quarter, compared to analyst estimates of $149.37 million. During the same quarter in the prior year, the company earned $0.68 EPS. Limbach's revenue was up .7% on a year-over-year basis. Limbach updated its FY 2025 guidance to EPS.
Limbach Stock Up 2.4 %
Limbach stock traded up $1.79 during midday trading on Friday, hitting $75.09. 91,729 shares of the company were exchanged, compared to its average volume of 161,992. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.57 and a quick ratio of 1.57. Limbach has a fifty-two week low of $38.03 and a fifty-two week high of $107.00. The company's fifty day moving average price is $89.76 and its 200-day moving average price is $85.38. The company has a market cap of $852.53 million, a PE ratio of 34.27, a price-to-earnings-growth ratio of 2.22 and a beta of 1.18.
Analysts Set New Price Targets
Several research firms have commented on LMB. Stifel Nicolaus lowered their target price on shares of Limbach from $117.00 to $102.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Lake Street Capital lifted their price objective on Limbach from $100.00 to $125.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Finally, StockNews.com downgraded Limbach from a "buy" rating to a "hold" rating in a research report on Thursday, November 14th.
Check Out Our Latest Research Report on LMB
About Limbach
(
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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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