How are energy investors positioned?
Limbach Holdings Inc. (NASDAQ:LMB) stock has reached an all-time high, soaring to $128.49, marking a significant milestone for the company. With a market capitalization of $1.49 billion, the company’s financial health score is rated as "GREAT" according to InvestingPro analysis. This peak reflects a robust performance over the past year, with the stock delivering an exceptional 162.35% return. Technical indicators suggest the stock is currently overbought, with multiple InvestingPro metrics pointing to high valuation multiples relative to earnings and book value. Investors are closely monitoring LMB as it continues to outperform expectations, with the company maintaining healthy financials including a current ratio of 1.55 and strong cash flows. InvestingPro subscribers can access 20 additional key insights and a comprehensive Pro Research Report, providing deeper analysis of LMB’s growth potential and valuation metrics.
In other recent news, Limbach Holdings reported impressive first-quarter 2025 earnings, significantly surpassing market expectations. The company achieved revenues of $133 million, exceeding the consensus estimate of $121 million, with a notable 22% year-over-year increase in Owner Direct Revenue (ODR). Limbach’s earnings per share (EPS) also outperformed projections, reaching $1.12 compared to the anticipated $0.43. The adjusted EBITDA for the quarter stood at $15 million, well above the forecasted $10 million, driven by higher-than-expected gross profitability. Stifel analysts maintained a Buy rating on Limbach Holdings, setting a price target of $103, reflecting confidence in the company’s strategic transformation. The company’s total backlog increased by 15% year-over-year, with new business awards rising by 28%. Limbach has also updated its free cash flow conversion forecast for the year to approximately 75% of adjusted EBITDA, an improvement from the previous 70% estimate. Additionally, Limbach is expanding its climate control rental equipment fleet and sales team, further strengthening its operational capabilities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.