Latest news with #LimbachHoldings
Business Wire
26-06-2025
- Business
- Business Wire
Limbach Holdings to Participate in CJS Annual New Ideas Summer Conference
WARRENDALE, Pa.--(BUSINESS WIRE)--Limbach Holdings, Inc. (Nasdaq: LMB), a building systems solutions firm partnering with building owners and facilities managers with mission-critical infrastructure, today announced that Michael McCann, President and Chief Executive Officer, and Jayme Brooks, Executive Vice President and Chief Financial Officer, will host one-on-one meetings with investors during the CJS Annual New Ideas Summer Conference on Thursday, July 10th, 2025, in White Plains, NY. About Limbach Limbach Holdings, Inc. (Nasdaq: LMB) is a building systems solutions 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 approximately 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.
Yahoo
16-06-2025
- Business
- Yahoo
Jim Cramer on Limbach: 'I Cannot Recommend It'
Limbach Holdings, Inc. (NASDAQ:LMB) is one of the 16 stocks Jim Cramer recently discussed. A caller asked if they should consider buying LMB shares on any dips, and Cramer replied: 'This one is so high, it's got such a high price-to-earnings multiple. I cannot recommend it. I don't care how, it's like Ferguson, I guess, and people just say, you know what, I'm just going to be in there, I don't care, and I don't know why. I don't want you to be in there. Too high versus, say, Home Depot, which is just really inexpensive.' An engineer studying the blueprints of a large mechanical construction near a busy city skyline. Limbach Holdings (NASDAQ:LMB) provides specialized solutions for complex building systems, working directly with owners and facility managers to maintain and improve essential mechanical, electrical, and plumbing infrastructure. Greystone Capital Management stated the following regarding Limbach Holdings, Inc. (NASDAQ:LMB) in its Q4 2024 investor letter: 'Limbach Holdings, Inc. (NASDAQ:LMB) was the largest contributor to performance during 2024, for good reason. Their journey from here to there has been executed flawlessly (which, as an investor, I have the luxury of proclaiming), with earnings power increasing at a tremendous rate during the past 24 months. On the back of low single digit revenue growth aided by their ODR segment growing 20%, gross margins have expanded nearly 1000bps, EBITDA margins have expanded 500bps, and adjusted EBITDA has more than doubled. This has translated nicely into free cash flow, which Limbach has used to acquire additional service businesses for 4-5x EBITDA. While we acknowledge the potential of LMB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-06-2025
- Business
- Yahoo
Jim Cramer on Limbach: 'I Cannot Recommend It'
Limbach Holdings, Inc. (NASDAQ:LMB) is one of the 16 stocks Jim Cramer recently discussed. A caller asked if they should consider buying LMB shares on any dips, and Cramer replied: 'This one is so high, it's got such a high price-to-earnings multiple. I cannot recommend it. I don't care how, it's like Ferguson, I guess, and people just say, you know what, I'm just going to be in there, I don't care, and I don't know why. I don't want you to be in there. Too high versus, say, Home Depot, which is just really inexpensive.' An engineer studying the blueprints of a large mechanical construction near a busy city skyline. Limbach Holdings (NASDAQ:LMB) provides specialized solutions for complex building systems, working directly with owners and facility managers to maintain and improve essential mechanical, electrical, and plumbing infrastructure. Greystone Capital Management stated the following regarding Limbach Holdings, Inc. (NASDAQ:LMB) in its Q4 2024 investor letter: 'Limbach Holdings, Inc. (NASDAQ:LMB) was the largest contributor to performance during 2024, for good reason. Their journey from here to there has been executed flawlessly (which, as an investor, I have the luxury of proclaiming), with earnings power increasing at a tremendous rate during the past 24 months. On the back of low single digit revenue growth aided by their ODR segment growing 20%, gross margins have expanded nearly 1000bps, EBITDA margins have expanded 500bps, and adjusted EBITDA has more than doubled. This has translated nicely into free cash flow, which Limbach has used to acquire additional service businesses for 4-5x EBITDA. While we acknowledge the potential of LMB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
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
