LMB Stock Summary and Trading Ideas (Limbach Holdings | NASDAQ:LMB)

Limbach Holdings Inc is a commercial specialty contractor in the fields of heating, ventilation, air conditioning, plumbing, electrical, and building controls for the design and construction of new and renovated buildings, maintenance services, energy retrofits, and equipment upgrades. It operates in two segments namely General Contractor Relationships (GCR) and Owner Direct Relationships (ODR). The company generates maximum revenue from the ODR segment.

Limbach Holdings trades on the NASDAQ stock market under the symbol LMB.

As of April 26, 2024, LMB stock price climbed to $44.45 with 122,635 million shares trading.

LMB has a beta of 1.56, meaning it tends to be more sensitive to market movements. LMB has a correlation of 0.11 to the broad based SPY ETF.

LMB has a market cap of $500.87 million. This is considered a Small Cap stock.

Last quarter Limbach Holdings reported $143 million in Revenue and $.44 earnings per share. This beat revenue expectation by $13 million and exceeded earnings estimates by $.04.

In the last 3 years, LMB stock traded as high as $52.96 and as low as $4.90.

The top ETF exchange traded funds that LMB belongs to (by Net Assets): AIRR, VTI, IFRA, IWM, DWAS.

LMB has outperformed the market in the last year with a price return of +171.7% while the SPY ETF gained +27.4%. LMB has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +5.3% and +12.4%, respectively, while the SPY returned +4.6% and -0.5%, respectively.

LMB support price is $41.39 and resistance is $44.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LMB stock will trade within this expected range on the day.