StockNews.com downgraded shares of Limbach (NASDAQ:LMB – Free Report) from a strong-buy rating to a buy rating in a report published on Saturday morning.
Limbach Stock Down 1.3 %
Shares of NASDAQ LMB opened at $39.02 on Friday. The company has a 50 day simple moving average of $44.07 and a 200-day simple moving average of $39.79. The company has a market capitalization of $434.37 million, a P/E ratio of 21.92, a P/E/G ratio of 1.75 and a beta of 1.02. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.50 and a quick ratio of 1.50. Limbach has a 1 year low of $15.83 and a 1 year high of $52.96.
Limbach (NASDAQ:LMB – Get Free Report) last posted its earnings results on Wednesday, March 13th. The construction company reported $0.44 earnings per share for the quarter. Limbach had a net margin of 4.02% and a return on equity of 18.87%. The firm had revenue of $142.69 million during the quarter, compared to the consensus estimate of $131.25 million. On average, equities research analysts predict that Limbach will post 1.88 earnings per share for the current year.
Institutional Investors Weigh In On Limbach
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.
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