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Limbach Holdings, Inc. engages in the provision of building infrastructure services. It designs, installations, and maintenance of HVAC and mechanical, electrical, and plumbing systems in new and renovated buildings. Read More It operates through Construction and Services segments. The Construction segment manages large construction or renovation projects that involve primarily HVAC, plumbing, sheet metal fabrication and installation, specialty piping and electrical services. The Services segment provides facility maintenance or general construction services primarily related to HVAC, plumbing or electrical services. It also provides mechanical, air conditioning, heating, building automation and control systems services in private, not-for-profit and public/government institutions. The company was founded in 1901 and is headquartered in Pittsburgh, PA.
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Limbach's Turnaround Is Finally Here
Limbach suffered from large cost overruns and write downs in 2018 in its MidAtlantic geography caused by too much work. As a general rule, I write most of my articles after an earnings announcement instead of before. I am breaking that rule with Limbach Holdings (LMB) because I expect a much improved earnings announcement that should jolt the stock significantly higher. At the very least, the upside here is much higher than the downside risk, due to the depressed stock price. Based on the relationship of u...
Simply Wall StFeb 22
Imagine Owning Limbach Holdings While The Price Tanked 53%
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! While not a mind-blowing move, it is good to see that the Limbach Holdings, Inc. (NASDAQ:LMB) share price has gained 23% in the last three months. But that isn’t much consolation to those who have suffered through the declines of the last year. Like a receding glacier in a warming world, the share price has melted 53% in that period. Some might say the recent bounce is to be expected after such ...