Limbach (NASDAQ:LMB - Get Free Report) will announce its earnings results after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.57 per share for the quarter. Limbach has set its FY 2024 guidance at EPS.Investors interested in participating in the company's earnings conference call can do so using this link.
Limbach (NASDAQ:LMB - Get Free Report) last announced its earnings results on Tuesday, August 6th. The construction company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.13. Limbach had a return on equity of 21.06% and a net margin of 5.08%. The firm had revenue of $122.24 million during the quarter, compared to analysts' expectations of $123.50 million. During the same quarter in the previous year, the business earned $0.46 EPS. On average, analysts expect Limbach to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Limbach Trading Up 1.9 %
LMB traded up $1.47 during trading hours on Tuesday, reaching $78.78. 81,146 shares of the company's stock traded hands, compared to its average volume of 163,795. The firm has a market capitalization of $881.00 million, a PE ratio of 36.31, a PEG ratio of 2.77 and a beta of 0.96. Limbach has a 52-week low of $28.21 and a 52-week high of $87.00. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average price of $72.95 and a 200 day moving average price of $60.87.
Insider Activity
In other news, Director Joshua Horowitz sold 12,000 shares of the firm's stock in a transaction on Tuesday, August 13th. The stock was sold at an average price of $59.17, for a total value of $710,040.00. Following the completion of the transaction, the director now owns 237,672 shares in the company, valued at $14,063,052.24. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 40,072 shares of company stock valued at $2,418,821 over the last quarter. Corporate insiders own 10.20% of the company's stock.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Limbach from a "buy" rating to a "hold" rating in a report on Wednesday, August 14th.
Read Our Latest Stock Analysis on LMB
About Limbach
(
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.
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