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

Limbach Holdings, Inc. (NASDAQ:LMB) – Investment analysts at Roth Capital lifted their FY2025 earnings estimates for Limbach in a report released on Wednesday, May 7th. Roth Capital analyst G. Sweeney now expects that the construction company will post earnings per share of $4.22 for the year, up from their previous forecast 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.

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

Other analysts have also recently issued reports about the stock. Stifel Nicolaus set a $103.00 price target on shares of Limbach in a report on Wednesday, March 12th. Lake Street Capital raised their price objective on shares of Limbach from $100.00 to $125.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Limbach currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.67.

Limbach Stock Performance

LMB stock opened at $123.18 on Monday. 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 cap of $1.43 billion, a P/E ratio of 55.99, a P/E/G ratio of 2.22 and a beta of 1.08. The firm has a 50 day simple moving average of $85.30 and a 200 day simple moving average of $89.48. Limbach has a 52 week low of $47.22 and a 52 week high of $128.17.

Insider Buying and Selling

In other Limbach news, Director Joshua Horowitz sold 25,400 shares of the business’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $75.43, for a total transaction of $1,915,922.00. Following the completion of the sale, the director now directly owns 164,600 shares of the company’s stock, valued at approximately $12,415,778. The trade was a 13.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 9.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Limbach

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bessemer Group Inc. bought a new stake in shares of Limbach in the 1st quarter valued at about $11,705,000. Next Century Growth Investors LLC acquired a new position in shares of Limbach in the 4th quarter valued at approximately $13,374,000. First Trust Advisors LP grew its position in shares of Limbach by 67.5% in the 4th quarter. First Trust Advisors LP now owns 322,396 shares of the construction company’s stock valued at $27,578,000 after purchasing an additional 129,869 shares during the period. CenterBook Partners LP acquired a new position in shares of Limbach in the 1st quarter valued at approximately $5,180,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of Limbach by 41.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 216,567 shares of the construction company’s stock valued at $18,525,000 after purchasing an additional 62,987 shares during the period. 55.85% of the stock is owned by institutional investors.

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.