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Limbach Holdings, Inc. (LMB) Gains As Market Dips: What You Should Know
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In the latest trading session, Limbach Holdings, Inc. (LMB - Free Report) closed at $8.32, marking a +1.84% move from the previous day. This move outpaced the S&P 500's daily loss of 0.13%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, lost 0.24%.
Prior to today's trading, shares of the company had lost 18.46% over the past month. This has lagged the Business Services sector's gain of 5.99% and the S&P 500's gain of 4.13% in that time.
LMB will be looking to display strength as it nears its next earnings release. In that report, analysts expect LMB to post earnings of $0.19 per share. This would mark year-over-year growth of 111.11%. Meanwhile, our latest consensus estimate is calling for revenue of $138 million, down 1.1% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.07 per share and revenue of $559.98 million. These totals would mark changes of +305.77% and +2.46%, respectively, from last year.
Any recent changes to analyst estimates for LMB should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. LMB is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that LMB has a Forward P/E ratio of 7.67 right now. Its industry sports an average Forward P/E of 28.77, so we one might conclude that LMB is trading at a discount comparatively.
Also, we should mention that LMB has a PEG ratio of 0.48. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Building Products - Maintenance Service stocks are, on average, holding a PEG ratio of 1.28 based on yesterday's closing prices.
The Building Products - Maintenance Service industry is part of the Business Services sector. This group has a Zacks Industry Rank of 101, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Limbach Holdings, Inc. (LMB) Gains As Market Dips: What You Should Know
In the latest trading session, Limbach Holdings, Inc. (LMB - Free Report) closed at $8.32, marking a +1.84% move from the previous day. This move outpaced the S&P 500's daily loss of 0.13%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, lost 0.24%.
Prior to today's trading, shares of the company had lost 18.46% over the past month. This has lagged the Business Services sector's gain of 5.99% and the S&P 500's gain of 4.13% in that time.
LMB will be looking to display strength as it nears its next earnings release. In that report, analysts expect LMB to post earnings of $0.19 per share. This would mark year-over-year growth of 111.11%. Meanwhile, our latest consensus estimate is calling for revenue of $138 million, down 1.1% from the prior-year quarter.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.07 per share and revenue of $559.98 million. These totals would mark changes of +305.77% and +2.46%, respectively, from last year.
Any recent changes to analyst estimates for LMB should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. LMB is holding a Zacks Rank of #1 (Strong Buy) right now.
Valuation is also important, so investors should note that LMB has a Forward P/E ratio of 7.67 right now. Its industry sports an average Forward P/E of 28.77, so we one might conclude that LMB is trading at a discount comparatively.
Also, we should mention that LMB has a PEG ratio of 0.48. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Building Products - Maintenance Service stocks are, on average, holding a PEG ratio of 1.28 based on yesterday's closing prices.
The Building Products - Maintenance Service industry is part of the Business Services sector. This group has a Zacks Industry Rank of 101, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.