Media headlines about Limbach (NASDAQ:LMB) have trended somewhat positive on Tuesday, Accern reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Limbach earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 45.3187605568281 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Limbach (NASDAQ:LMB) opened at $13.14 on Tuesday. The stock has a market capitalization of $97.96, a P/E ratio of -18.51, a price-to-earnings-growth ratio of 0.78 and a beta of -1.12. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.31 and a quick ratio of 1.31. Limbach has a 52 week low of $11.14 and a 52 week high of $15.22.
Limbach (NASDAQ:LMB) last issued its earnings results on Tuesday, November 14th. The construction company reported ($0.12) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.33). Limbach had a negative return on equity of 1.14% and a negative net margin of 0.65%. equities analysts expect that Limbach will post 0.15 EPS for the current year.
Several research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Limbach from a “hold” rating to a “strong sell” rating in a research report on Saturday, November 18th. Roth Capital set a $18.00 target price on Limbach and gave the stock a “buy” rating in a research note on Monday, November 13th.
In other Limbach news, Director Larry G. Swets, Jr. sold 500,000 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $12.85, for a total value of $6,425,000.00. Following the completion of the sale, the director now owns 10,000 shares of the company’s stock, valued at $128,500. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 82.90% of the stock is owned by corporate insiders.
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Limbach Company Profile
Limbach Holdings, Inc provides commercial specialty contractor services in the United States. It operates in two segments, Construction and Service. The company provides services in the areas of HVAC (heating, ventilation, and air-conditioning), plumbing, electrical, and building controls for the design and construction of new and renovated buildings; maintenance services; and equipment upgrades.
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