What is Roth Capital’s Forecast for Limbach FY2025 Earnings?

Limbach Holdings, Inc. (NASDAQ:LMB) – Research analysts at Roth Capital lifted their FY2025 earnings estimates for shares of Limbach in a research report issued on Wednesday, May 7th. Roth Capital analyst G. Sweeney now anticipates that the construction company will post earnings of $4.22 per share for the year, up from their previous estimate of $3.75. Roth Capital currently has a “Buy” rating on the stock. The consensus estimate for Limbach’s current full-year earnings is $2.54 per share.

A number of other analysts have also recently weighed in on LMB. Lake Street Capital increased their target price on shares of Limbach from $100.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Stifel Nicolaus set a $103.00 target price on shares of Limbach in a report on Wednesday, March 12th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Limbach currently has an average rating of “Moderate Buy” and an average price target of $102.67.

Limbach Stock Up 0.7%

Shares of NASDAQ:LMB opened at $123.18 on Monday. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 55.99, a price-to-earnings-growth ratio of 2.22 and a beta of 1.08. Limbach has a 1-year low of $47.22 and a 1-year high of $128.17. The company’s fifty day moving average is $85.30 and its two-hundred day moving average is $89.48. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.57 and a current ratio of 1.57.

Limbach (NASDAQ:LMB) last released its earnings results on Monday, May 5th. The construction company reported $1.12 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.82. The company had revenue of $133.11 million during the quarter, compared to the consensus estimate of $121.06 million. Limbach had a net margin of 5.08% and a return on equity of 20.16%. The company’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 EPS.

Hedge Funds Weigh In On Limbach

Large investors have recently made changes to their positions in the business. Versant Capital Management Inc boosted its position in shares of Limbach by 592.6% during the 1st quarter. Versant Capital Management Inc now owns 374 shares of the construction company’s stock valued at $28,000 after purchasing an additional 320 shares in the last quarter. Legacy Advisors LLC bought a new position in shares of Limbach during the 1st quarter valued at about $30,000. IFP Advisors Inc acquired a new position in shares of Limbach in the fourth quarter worth about $37,000. Comerica Bank boosted its holdings in shares of Limbach by 727.4% in the fourth quarter. Comerica Bank now owns 695 shares of the construction company’s stock worth $59,000 after buying an additional 611 shares during the period. Finally, US Bancorp DE acquired a new position in shares of Limbach in the fourth quarter worth about $115,000. Institutional investors own 55.85% of the company’s stock.

Insider Buying and Selling

In related news, Director Joshua Horowitz sold 25,400 shares of the stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $75.43, for a total value of $1,915,922.00. Following the completion of the transaction, the director now owns 164,600 shares in the company, valued at $12,415,778. This represents a 13.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 9.70% 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.