Limbach (NASDAQ:LMB) Shares Cross Above Fifty Day Moving Average – Here’s Why

Limbach Holdings, Inc. (NASDAQ:LMB – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of $48.86 and traded as high as $50.95. Limbach shares last traded at $49.92, with a volume of 277,155 shares.

Trending Headlines about Limbach

Here are the key news stories impacting Limbach this week:

  • Positive Sentiment: Limbach reported Q3 earnings of $1.37 per share, up from $1.05 a year earlier and ahead of analyst estimates of roughly $1.21–$1.30. Revenue rose 24.9% year over year to a record $230.5 million, topping the approximately $218.6 million consensus. Limbach Reports Third Quarter 2026 Results
  • Positive Sentiment: Management’s guidance was reported to be at the high end of its range, adding to investor optimism after the earnings and sales beats. Limbach Q3 2026: Earnings Beat and Guidance at the High End

Analysts Set New Price Targets

LMB has been the subject of a number of research analyst reports. JPMorgan Chase & Co. downgraded Limbach from a “neutral” rating to an “underweight” rating and cut their target price for the stock from $60.00 to $50.00 in a research report on Friday, August 21st. Royal Bank Of Canada set a $50.00 price target on Limbach in a research report on Friday, August 21st. Lake Street Capital boosted their price objective on Limbach from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Limbach in a report on Wednesday, August 5th. Finally, Stifel Nicolaus cut their price objective on Limbach from $86.00 to $75.00 and set a “buy” rating for the company in a report on Thursday, October 8th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Limbach presently has a consensus rating of “Hold” and an average price target of $67.50.

Check Out Our Latest Stock Analysis on LMB

Limbach Price Performance

The company’s 50 day moving average price is $48.86 and its 200-day moving average price is $71.16. The company has a market cap of $595.55 million, a price-to-earnings ratio of 19.97 and a beta of 1.37. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.49 and a current ratio of 1.49.

Limbach (NASDAQ:LMB – Get Free Report) last released its earnings results on Tuesday, November 3rd. The construction company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.16. Limbach had a net margin of 4.42% and a return on equity of 23.22%. The business had revenue of $230.46 million for the quarter, compared to the consensus estimate of $218.59 million. On average, equities research analysts forecast that Limbach Holdings, Inc. will post 4.29 earnings per share for the current fiscal year.

Insider Transactions at Limbach

In related news, Director Joshua Horowitz purchased 4,008 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were bought at an average price of $50.71 per share, with a total value of $203,245.68. Following the completion of the acquisition, the director owned 171,208 shares of the company’s stock, valued at approximately $8,681,957.68. This represents a 2.40% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders have purchased a total of 7,820 shares of company stock valued at $391,002 in the last quarter. Insiders own 7.00% of the company’s stock.

Hedge Funds Weigh In On Limbach

A number of hedge funds have recently modified their holdings of the stock. Vise Technologies Inc. boosted its holdings in shares of Limbach by 16.9% in the third quarter. Vise Technologies Inc. now owns 6,239 shares of the construction company’s stock worth $305,000 after buying an additional 902 shares during the period. Isthmus Partners LLC increased its position in shares of Limbach by 15.2% in the third quarter. Isthmus Partners LLC now owns 47,587 shares of the construction company’s stock worth $2,328,000 after acquiring an additional 6,263 shares in the last quarter. Skylands Capital LLC acquired a new stake in shares of Limbach during the third quarter valued at approximately $1,670,000. State of Alaska Department of Revenue acquired a new stake in shares of Limbach during the third quarter valued at approximately $25,000. Finally, Parkside Financial Bank & Trust acquired a new stake in shares of Limbach during the second quarter valued at approximately $36,000. 55.85% of the stock is currently owned by institutional investors and hedge funds.

Limbach Company Profile

(Get Free Report)

Limbach Holdings, Inc (NASDAQ:LMB) provides integrated building systems solutions through its operating subsidiaries, including Limbach Facility Services. The company designs, installs, maintains and services critical mechanical, electrical, plumbing and building automation systems for commercial and institutional facilities.

Limbach’s services include heating, ventilation and air conditioning; plumbing and piping; building controls and automation; energy and sustainability solutions; facility maintenance; and related repair, replacement and retrofit work.

Further Reading

Receive News & Ratings for Limbach Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Limbach and related companies with MarketBeat.com's FREE daily email newsletter.