Limbach Holdings Inc [NASDAQ: LMB] gained 1.85% or 2.33 points to close at $127.95 with a heavy trading volume of 114926 shares.
The daily chart for LMB points out that the company has recorded 28.70% gains over the past six months.
If we look at the average trading volume of 249.04K shares, LMB reached to a volume of 114926 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Limbach Holdings Inc [LMB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LMB shares is $125.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LMB stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stifel have made an estimate for Limbach Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 15, 2024. While these analysts kept the previous recommendation, Lake Street raised their target price to Buy. The new note on the price target was released on March 05, 2021, representing the official price target for Limbach Holdings Inc stock. Previously, the target price had yet another raise to $5, while DA Davidson analysts kept a Neutral rating on LMB stock. On April 17, 2019, analysts increased their price target for LMB shares from 7 to 10.
The Average True Range (ATR) for Limbach Holdings Inc is set at 4.86, with the Price to Sales ratio for LMB stock in the period of the last 12 months amounting to 2.79. The Price to Book ratio for the last quarter was 9.23, with the Price to Cash per share for the same quarter was set at 3.28. Price to Free Cash Flow for LMB in the course of the last twelve months was 41.59 with Quick ratio for the last quarter at 1.55.
Trading performance analysis for LMB stock
Limbach Holdings Inc [LMB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.24. With this latest performance, LMB shares gained by 37.06% in over the last four-week period, additionally plugging by 28.70% over the last 6 months – not to mention a rise of 139.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LMB stock in for the last two-week period is set at 78.81, with the RSI for the last a single of trading hit 79.49, and the three-weeks RSI is set at 75.16 for Limbach Holdings Inc [LMB]. The present Moving Average for the last 50 days of trading for this stock 94.29, while it was recorded at 127.24 for the last single week of trading, and 85.88 for the last 200 days.
Limbach Holdings Inc [LMB]: A deeper dive into fundamental analysis
Limbach Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.55 and a Current Ratio set at 1.55.
Limbach Holdings Inc [LMB]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LMB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Limbach Holdings Inc go to 7.72%.
An analysis of Institutional ownership at Limbach Holdings Inc [LMB]
There are presently around $77.95%, or 86.52%% of LMB stock, in the hands of institutional investors. The top three institutional holders of LMB stocks are: BLACKROCK INC. with ownership of 0.93 million shares, which is approximately 8.2558%. VANGUARD GROUP INC, holding 0.58 million shares of the stock with an approximate value of $$32.8 million in LMB stocks shares; and VANGUARD GROUP INC, currently with $$31.45 million in LMB stock with ownership which is approximately 4.9024%.
