While Limbach Holdings Inc has overperformed by 2.88%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, LMB rose by 128.53%, with highs and lows ranging from $107.00 to $35.24, whereas the simple moving average jumped by 44.34% in the last 200 days.
On November 15, 2024, Stifel started tracking Limbach Holdings Inc (NASDAQ: LMB) recommending Buy. A report published by Lake Street on March 05, 2021, Initiated its previous ‘Buy’ rating for LMB. DA Davidson also Downgraded LMB shares as ‘Neutral’, setting a target price of $5 on the company’s shares in a report dated January 24, 2020. ROTH Capital April 17, 2019d the rating to Buy on April 17, 2019, and set its price target from $7 to $10. ROTH Capital November 21, 2018d its ‘Buy’ rating to ‘Neutral’ for LMB, as published in its report on November 21, 2018. ROTH Capital’s report from March 06, 2017 suggests a price prediction of $17.50 for LMB shares, giving the stock a ‘Buy’ rating.
Analysis of Limbach Holdings Inc (LMB)
Further, the quarter-over-quarter increase in sales is 4.81%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Limbach Holdings Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 20.51% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.57, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and LMB is recording an average volume of 126.71K. On a monthly basis, the volatility of the stock is set at 5.24%, whereas on a weekly basis, it is put at 6.14%, with a gain of 13.60% over the past seven days. Furthermore, long-term investors anticipate a median target price of $107.67, showing growth from the present price of $97.17, which can serve as yet another indication of whether LMB is worth investing in or should be passed over.
How Do You Analyze Limbach Holdings Inc Shares?
A leading company in the Building Products & Equipment sector, Limbach Holdings Inc (LMB) is based in the USA. When comparing Limbach Holdings Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 44.15, there is a growth in quarterly earnings of 2.02%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 12.88%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 74.03% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
LMB shares are owned by institutional investors to the tune of 74.03% at present.
