Shares of Limbach Holdings, Inc. (NYSE:LMB) have earned a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that cover the company, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy rating.
Analysts have set a one year consensus price objective of $17.00 for the company, according to Zacks. Zacks has also assigned Limbach Holdings an industry rank of 108 out of 265 based on the ratings given to its competitors.
A number of equities analysts have weighed in on the stock. Roth Capital set a $18.00 price target on shares of Limbach Holdings and gave the company a “buy” rating in a report on Friday, August 18th. Zacks Investment Research lowered shares of Limbach Holdings from a “hold” rating to a “sell” rating in a report on Saturday, August 19th.
Shares of Limbach Holdings (NYSE:LMB) traded up 1.86% during midday trading on Friday, hitting $13.68. The company had a trading volume of 20,702 shares. Limbach Holdings has a 12 month low of $8.90 and a 12 month high of $16.20. The company’s market capitalization is $101.97 million. The company has a 50-day moving average of $12.42 and a 200-day moving average of $12.98.
Limbach Holdings (NYSE:LMB) last announced its quarterly earnings results on Monday, August 14th. The company reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.01. The business had revenue of $117.84 million for the quarter, compared to the consensus estimate of $115.50 million. Analysts predict that Limbach Holdings will post $0.38 earnings per share for the current year.
A hedge fund recently raised its stake in Limbach Holdings stock. Silver Capital Management LLC boosted its position in Limbach Holdings, Inc. (NYSE:LMB) by 15.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,236 shares of the company’s stock after buying an additional 1,900 shares during the period. Silver Capital Management LLC owned about 0.19% of Limbach Holdings worth $171,000 as of its most recent filing with the SEC.
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