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Limbach (LMB) Registers a Bigger Fall Than the Market: Important Facts to Note
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Limbach (LMB - Free Report) closed at $28.52 in the latest trading session, marking a -1.52% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.43%. Elsewhere, the Dow lost 0.32%, while the tech-heavy Nasdaq lost 2.43%.
Heading into today, shares of the company had lost 4.11% over the past month, lagging the Business Services sector's loss of 2.63% and the S&P 500's loss of 1.55% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Limbach in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.32, indicating a 5.88% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $127 million, reflecting a 3.79% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.36 per share and a revenue of $500.89 million, indicating changes of +112.5% and +0.83%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Limbach. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Limbach is carrying a Zacks Rank of #3 (Hold).
Investors should also note Limbach's current valuation metrics, including its Forward P/E ratio of 21.29. For comparison, its industry has an average Forward P/E of 21.29, which means Limbach is trading at no noticeable deviation to the group.
We can also see that LMB currently has a PEG ratio of 1.77. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Building Products - Maintenance Service stocks are, on average, holding a PEG ratio of 2.29 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 238, putting it in the bottom 6% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Limbach (LMB) Registers a Bigger Fall Than the Market: Important Facts to Note
Limbach (LMB - Free Report) closed at $28.52 in the latest trading session, marking a -1.52% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 1.43%. Elsewhere, the Dow lost 0.32%, while the tech-heavy Nasdaq lost 2.43%.
Heading into today, shares of the company had lost 4.11% over the past month, lagging the Business Services sector's loss of 2.63% and the S&P 500's loss of 1.55% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Limbach in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.32, indicating a 5.88% decline compared to the equivalent quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $127 million, reflecting a 3.79% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.36 per share and a revenue of $500.89 million, indicating changes of +112.5% and +0.83%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Limbach. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Limbach is carrying a Zacks Rank of #3 (Hold).
Investors should also note Limbach's current valuation metrics, including its Forward P/E ratio of 21.29. For comparison, its industry has an average Forward P/E of 21.29, which means Limbach is trading at no noticeable deviation to the group.
We can also see that LMB currently has a PEG ratio of 1.77. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Building Products - Maintenance Service stocks are, on average, holding a PEG ratio of 2.29 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 238, putting it in the bottom 6% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.