Latest news with #LimbachHoldings
San Francisco Chronicle
05-05-2025
- Business
- San Francisco Chronicle
Limbach: Q1 Earnings Snapshot
WARRENDALE, Pa. (AP) — WARRENDALE, Pa. (AP) — Limbach Holdings, Inc. (LMB) on Monday reported earnings of $10.2 million in its first quarter. The Warrendale, Pennsylvania-based company said it had profit of 85 cents per share. Earnings, adjusted for one-time gains and costs, were $1.12 per share. The company posted revenue of $133.1 million in the period. Limbach expects full-year revenue in the range of $610 million to $630 million. _____
Yahoo
11-04-2025
- Business
- Yahoo
Q4 Earnings Outperformers: Limbach (NASDAQ:LMB) And The Rest Of The Construction and Maintenance Services Stocks
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Limbach (NASDAQ:LMB) and the rest of the construction and maintenance services stocks fared in Q4. Construction and maintenance services companies not only boast technical know-how in specialized areas but also may hold special licenses and permits. Those who work in more regulated areas can enjoy more predictable revenue streams - for example, fire escapes need to be inspected every five years–. More recently, services to address energy efficiency and labor availability are also creating incremental demand. But like the broader industrials sector, construction and maintenance services companies are at the whim of economic cycles as external factors like interest rates can greatly impact the new construction that drives incremental demand for these companies' offerings. The 13 construction and maintenance services stocks we track reported a mixed Q4. As a group, revenues missed analysts' consensus estimates by 0.9% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 13.6% since the latest earnings results. Established in 1901, Limbach (NASDAQ: LMB) provides integrated building systems solutions, including mechanical, electrical, and plumbing services. Limbach reported revenues of $143.7 million, flat year on year. This print fell short of analysts' expectations by 3.8%, but it was still an exceptional quarter for the company with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. 'In 2024, we produced record gross profit, record net income and record adjusted EBITDA by expanding and strengthening customer relationships in six verticals – healthcare, industrial and manufacturing, data centers, life science, higher education and cultural and entertainment,' Michael McCann, President and Chief Executive Officer of Limbach Holdings, said. Interestingly, the stock is up 12.2% since reporting and currently trades at $77.15. Is now the time to buy Limbach? Access our full analysis of the earnings results here, it's free. Founded in 2001, Construction Partners (NASDAQ:ROAD) is a civil infrastructure company that builds and maintains roads, highways, and other infrastructure projects. Construction Partners reported revenues of $561.6 million, up 41.6% year on year, outperforming analysts' expectations by 9.7%. The business had an incredible quarter with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Construction Partners achieved the biggest analyst estimates beat, fastest revenue growth, and highest full-year guidance raise among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 7.3% since reporting. It currently trades at $78.59. Is now the time to buy Construction Partners? Access our full analysis of the earnings results here, it's free. Going public via SPAC in 2018, Concrete Pumping (NASDAQ:BBCP) is a provider of concrete pumping and waste management services in the United States and the United Kingdom. Concrete Pumping reported revenues of $86.45 million, down 11.5% year on year, falling short of analysts' expectations by 4.8%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. As expected, the stock is down 17% since the results and currently trades at $5.02. Read our full analysis of Concrete Pumping's results here. Constructing electrical and phone lines in the American Midwest dating back to the 1890s, MYR Group (NASDAQ:MYRG) is a specialty contractor in the electrical construction industry. MYR Group reported revenues of $829.8 million, down 17.4% year on year. This number missed analysts' expectations by 6.6%. More broadly, it was a satisfactory quarter as it also logged an impressive beat of analysts' EPS estimates but a miss of analysts' backlog estimates. MYR Group had the slowest revenue growth among its peers. The stock is down 11.1% since reporting and currently trades at $111.88. Read our full, actionable report on MYR Group here, it's free. Founded as Lydon & Drews dredging company, Great Lakes Dredge & Dock (NASDAQ:GLDD) provides dredging services, land reclamation, and coastal protection projects in the United States and internationally. Great Lakes Dredge & Dock reported revenues of $202.8 million, up 11.6% year on year. This result lagged analysts' expectations by 4%. More broadly, it was actually a strong quarter as it recorded a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. The stock is down 21.5% since reporting and currently trades at $8.64. Read our full, actionable report on Great Lakes Dredge & Dock here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
Yahoo
17-03-2025
- Business
- Yahoo
US Market's Undiscovered Gems for March 2025
Over the last 7 days, the United States market has remained flat, yet it has shown a robust increase of 9.0% over the past year with earnings forecasted to grow by 14% annually. In this environment, identifying undiscovered gems involves seeking stocks with strong growth potential and solid fundamentals that align well with these promising market conditions. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Morris State Bancshares 9.72% 4.93% 6.51% ★★★★★★ Wilson Bank Holding NA 7.87% 8.22% ★★★★★★ Oakworth Capital 31.49% 14.78% 4.46% ★★★★★★ ASA Gold and Precious Metals NA 7.47% -26.86% ★★★★★★ Omega Flex NA -0.52% 0.74% ★★★★★★ Teekay NA -0.89% 62.53% ★★★★★★ Anbio Biotechnology NA 8.43% 184.88% ★★★★★★ Pure Cycle 5.15% -2.61% -6.23% ★★★★★☆ First IC 38.58% 9.04% 14.76% ★★★★☆☆ Reitar Logtech Holdings 31.39% 231.46% 41.38% ★★★★☆☆ Click here to see the full list of 282 stocks from our US Undiscovered Gems With Strong Fundamentals screener. We'll examine a selection from our screener results. Simply Wall St Value Rating: ★★★★★★ Overview: Limbach Holdings, Inc. operates as a building systems solution company in the United States with a market cap of $868.65 million. Operations: Limbach Holdings generates revenue primarily through Owner Direct Relationships (ODR), contributing $345.50 million, and General Contractor Relationships (GCR), contributing $173.28 million. Limbach Holdings, a smaller player in the construction industry, is making waves with its strategic pivot towards Owner Direct Relationships (ODR), which significantly contribute to its revenue and gross profit. The company reported a notable net income increase to US$9.84 million for Q4 2024, compared to US$5.25 million the previous year. This growth aligns with their robust earnings expansion of 48.8%, outpacing the industry's 17.3%. Additionally, Limbach has successfully reduced its debt-to-equity ratio from 78.3% to 6.3% over five years, showcasing financial prudence and positioning itself as an attractive value proposition trading at a substantial discount below fair value estimates by analysts. Limbach Holdings is enhancing profitability by focusing on high-margin Owner Direct Relationships. Discover more about Limbach's strategic shift and growth potential in our detailed narrative. Simply Wall St Value Rating: ★★★★★★ Overview: Lakeland Financial Corporation is the bank holding company for Lake City Bank, offering a range of banking products and services in the United States, with a market capitalization of $1.59 billion. Operations: Lake City Bank generates revenue primarily from its financial services segment, which amounted to $236.77 million. The company has a market capitalization of $1.59 billion. Lakeland Financial, with total assets of US$6.7 billion and equity of US$683.9 million, offers a robust financial profile. Its deposits stand at US$5.9 billion, while loans are at US$5 billion, supported by a sufficient bad loan allowance of 1.1%. Despite negative earnings growth last year (-0.3%), it remains competitive against the industry average (-1.5%). The company recently increased its quarterly dividend to $0.50 per share, reflecting a 4% rise from the previous year's rate and highlighting its commitment to shareholder returns amidst stable financial health indicators like low-risk funding sources and positive free cash flow trends over recent years. Click here to discover the nuances of Lakeland Financial with our detailed analytical health report. Understand Lakeland Financial's track record by examining our Past report. Simply Wall St Value Rating: ★★★★☆☆ Overview: Loma Negra Compañía Industrial Argentina Sociedad Anónima, along with its subsidiaries, is engaged in the manufacturing and sale of cement and related products in Argentina, with a market capitalization of $1.28 billion. Operations: Loma Negra generates revenue primarily from the sale of cement, masonry cement, and lime, accounting for ARS 510.89 million. Additional revenue streams include its railroad operations at ARS 54.07 million and concrete sales at ARS 45.91 million. The company's net profit margin is a key financial metric to consider when evaluating its overall profitability and efficiency in managing costs relative to its revenues. Loma Negra, a prominent cement producer in Argentina, is navigating a mixed financial landscape. Despite its net debt to equity ratio improving from 31.4% to 21.5% over five years and maintaining high-quality earnings, challenges persist with interest payments only covered 1.9 times by EBIT. The company's price-to-earnings ratio of 8.8x suggests it is undervalued compared to the US market average of 17.3x, but recent revenue declines from ARS 216 billion to ARS 174 billion highlight potential hurdles in sustaining growth momentum amidst economic fluctuations impacting pricing strategies and profit margins. Loma Negra is set to benefit from Argentina's improving economy and increased construction activity. Click here to explore the full narrative on Loma Negra's growth potential. Unlock our comprehensive list of 282 US Undiscovered Gems With Strong Fundamentals by clicking here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:LMB NasdaqGS:LKFN and NYSE:LOMA. Have feedback on this article? Concerned about the content? with us directly. 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Yahoo
24-02-2025
- Business
- Yahoo
Limbach Holdings to Announce Fourth Quarter and Full Year 2024 Results
WARRENDALE, Pa., February 24, 2025--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB) ("Limbach" or the "Company"), a building systems solutions firm, today announced that it will release its fourth quarter and full year 2024 financial results after the stock market closes on Monday, March 10, 2025. The Company will also host a conference call for analysts the following morning at 9:00 a.m. ET. Conference Call Details Date: Tuesday, March 11, 2025 Time: 9:00 a.m. ET Participant Dial-In Numbers: Domestic Callers: (877) 407-6176 International Callers: +1 (201) 689-8451 Access By Webcast The call will be simultaneously webcast over the Internet via the "Investor Relations" section of Limbach's website at IR Events - Limbach or by using this direct link: An audio replay of the call will be archived on the Company's website. About Limbach Limbach Holdings, Inc. (Nasdaq: LMB) is a building systems solution firm that partners with building owners and facilities managers who have mission critical mechanical (heating, ventilation and air conditioning), electrical and plumbing infrastructure. We strive to be an indispensable partner to our customers by providing services that are essential to the operation of their businesses. We work with building owners primarily in six vertical markets: healthcare, industrial and manufacturing, data centers, life science, higher education, and cultural and entertainment. We have more than 1,400 team members in 20 offices across the eastern United States. Our team members uniquely combine engineering expertise with field installation skills to provide custom solutions that leverage our full life-cycle capabilities, which allows us to address both the operational and capital projects needs of our customers. View source version on Contacts Julie KegleyFinancial Profiles, (310) 622-8246
Yahoo
07-02-2025
- Business
- Yahoo
Limbach Holding price target raised to $125 from $100 at Lake Street
Lake Street raised the firm's price target on Limbach Holding (LMB) to $125 from $100 and keeps a Buy rating on the shares. The firm is increasing its estimates and price target to reflect the recent acquisition of Consolidated Mechanical and Limbach having demonstrated several quarters of margin and balance sheet improvement, adding that it believes this year is 'set to be a turning point for the company as reported revenue should start to show the underlying growth.' Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions. Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on LMB: Limbach Holdings Introduces Executive Severance and Incentive Plan Limbach Holdings (LMB) Sees Exceptional Growth, Outpacing Nvidia
