Limbach (NASDAQ:LMB) Releases Earnings Results, Beats Estimates By $0.16 EPS

Limbach (NASDAQ:LMB) released its quarterly earnings data on Tuesday. The construction company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.16, FiscalAI reports. The company had revenue of $230.46 million for the quarter, compared to analyst estimates of $218.59 million. Limbach had a net margin of 4.23% and a return on equity of 24.58%.

Limbach Stock Performance

Shares of LMB stock traded down $3.98 during midday trading on Thursday, hitting $54.13. 139,745 shares of the company were exchanged, compared to its average volume of 267,716. Limbach has a 52 week low of $40.74 and a 52 week high of $114.95. The firm has a market capitalization of $645.51 million, a P/E ratio of 21.19 and a beta of 1.37. The firm’s 50 day moving average price is $49.18 and its two-hundred day moving average price is $71.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.49 and a current ratio of 1.49.

More Limbach News

Here are the key news stories impacting Limbach this week:

• Positive Sentiment: Third-quarter revenue rose 24.9% year over year to a record $230.5 million, exceeding the roughly $218.6 million consensus estimate. EPS of $1.37 also beat expectations and increased from $1.05 a year earlier. Limbach Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its FY2026 sales guidance to a level above analyst estimates, while describing results as record-setting for revenue and EBITDA. Stronger forward sales expectations can support confidence in continued growth. Benzinga article on results and guidance
• Positive Sentiment: Coverage of the quarter noted that organic growth resumed and acquisitions broadened Limbach’s capabilities, suggesting growth is not relying solely on acquired businesses. Q3 2026 deep dive
• Neutral Sentiment: Investment firm 1 Main Capital reportedly expanded its LMB position, viewing the prior market reaction to Q2 guidance as an overreaction. This may signal confidence from that investor, but does not change Limbach’s underlying results or outlook. 1 Main Capital expands Limbach position

Insiders Place Their Bets

In related news, Director Joshua Horowitz acquired 4,008 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was purchased at an average cost of $50.71 per share, for a total transaction of $203,245.68. Following the completion of the transaction, the director directly owned 171,208 shares of the company’s stock, valued at approximately $8,681,957.68. The trade was a 2.40% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have bought 7,820 shares of company stock valued at $391,002. 7.00% of the stock is owned by corporate insiders.

Analyst Ratings Changes

LMB has been the subject of several recent analyst reports. Royal Bank Of Canada set a $50.00 target price on shares of Limbach in a research note on Friday, August 21st. Wall Street Zen upgraded Limbach from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. Lake Street Capital raised their price objective on Limbach from $90.00 to $95.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. JPMorgan Chase & Co. downgraded Limbach from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $60.00 to $50.00 in a research note on Friday, August 21st. Finally, Stifel Nicolaus decreased their target price on Limbach from $86.00 to $75.00 and set a “buy” rating on the stock 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $67.50.

About Limbach

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.