Limbach (NASDAQ:LMB) Getting Somewhat Positive Media Coverage, Analysis Finds

Media coverage about Limbach (NASDAQ:LMB) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Limbach earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 45.3187605568281 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Limbach (LMB) opened at $14.10 on Monday. Limbach has a 52 week low of $11.14 and a 52 week high of $15.22. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.31 and a current ratio of 1.31. The stock has a market capitalization of $104.08, a PE ratio of -19.86, a price-to-earnings-growth ratio of 0.83 and a beta of -1.12.

Limbach (NASDAQ:LMB) last released its earnings results on Tuesday, November 14th. The construction company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.33). Limbach had a negative net margin of 0.65% and a negative return on equity of 1.14%. sell-side analysts forecast that Limbach will post 0.15 EPS for the current year.

Several brokerages have recently weighed in on LMB. Zacks Investment Research upgraded Limbach from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th. Roth Capital set a $18.00 target price on Limbach and gave the stock a “buy” rating in a research report on Monday, November 13th.

In related news, Director Larry G. Swets, Jr. sold 500,000 shares of the business’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $12.85, for a total transaction of $6,425,000.00. Following the transaction, the director now owns 10,000 shares in the company, valued at approximately $128,500. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 82.90% of the stock is owned by 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.

Insider Buying and Selling by Quarter for Limbach (NASDAQ:LMB)

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