In the latest session, Limbach Holdings Inc (NASDAQ: LMB) closed at $41.67 down -16.26% from its previous closing price of $49.76. In other words, the price has decreased by -$8.09 from its previous closing price. On the day, 1060874 shares were traded.
Ratios:
For a deeper understanding of Limbach Holdings Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.29.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on March 05, 2021, initiated with a Buy rating and assigned the stock a target price of $19.
On January 24, 2020, DA Davidson Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $5.
ROTH Capital Upgraded its Neutral to Buy on April 17, 2019, whereas the target price for the stock was revised from $7 to $10.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 22 ’23 when Brooks Jayme L. bought 1,398 shares for $34.68 per share. The transaction valued at 48,484 led to the insider holds 3,568 shares of the business.
McCann Michael M bought 2,866 shares of LMB for $101,664 on Aug 21 ’23. The Chief Executive Officer now owns 42,134 shares after completing the transaction at $35.47 per share. On Jul 11 ’23, another insider, Young Norbert W., who serves as the Director of the company, sold 1,661 shares for $24.91 each. As a result, the insider received 41,372 and left with 37,356 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LMB now has a Market Capitalization of 456.26M and an Enterprise Value of 438.40M. As of this moment, Limbach’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.33, and their Forward P/E ratio for the next fiscal year is 17.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 3.79. Its current Enterprise Value per Revenue stands at 0.85 whereas that against EBITDA is 11.42.
Stock Price History:
Over the past 52 weeks, LMB has reached a high of $52.96, while it has fallen to a 52-week low of $14.90. The 50-Day Moving Average of the stock is 43.67, while the 200-Day Moving Average is calculated to be 34.64.
Shares Statistics:
For the past three months, LMB has traded an average of 156.76K shares per day and 275.74k over the past ten days. A total of 11.00M shares are outstanding, with a floating share count of 9.08M. Insiders hold about 17.44% of the company’s shares, while institutions hold 56.91% stake in the company. Shares short for LMB as of Feb 29, 2024 were 221.99k with a Short Ratio of 1.42, compared to 202.92k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.02% and a Short% of Float of 2.33%.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.41 for the current quarter, with a high estimate of $0.44 and a low estimate of $0.39, while EPS last year was $0.27. The consensus estimate for the next quarter is $0.47, with high estimates of $0.48 and low estimates of $0.46.
Analysts are recommending an EPS of between $1.85 and $1.78 for the fiscal current year, implying an average EPS of $1.81. EPS for the following year is $2.09, with 1 analysts recommending between $2.09 and $2.09.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $131.97M this quarter.It ranges from a high estimate of $136.25M to a low estimate of $127.7M. As of the current estimate, Limbach Holdings Inc’s year-ago sales were $121.01M, an estimated increase of 9.10% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $136.57M, an increase of 9.40% over than the figure of $9.10% in the same quarter last year. There is a high estimate of $138.25M for the next quarter, whereas the lowest estimate is $134.9M.
A total of 2 analysts have provided revenue estimates for LMB’s current fiscal year. The highest revenue estimate was $550.5M, while the lowest revenue estimate was $531.7M, resulting in an average revenue estimate of $541.1M. In the same quarter a year ago, actual revenue was $516.35M, up 4.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $545.3M in the next fiscal year. The high estimate is $545.3M and the low estimate is $545.3M. The average revenue growth estimate for next year is up 0.80% from the average revenue estimate for this year.
