Core Viewpoint - The article emphasizes the importance of timing and sustainability in short-term investing, highlighting that a solid trend can lead to profitable opportunities if supported by strong fundamentals and positive earnings revisions [1][2]. Group 1: Stock Performance - Limbach (LMB) has shown a solid price increase of 15.5% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - The stock has also maintained a price increase of 4.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, LMB is trading at 87.2% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - LMB holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like LMB that have the fundamental strength to maintain their upward trend [3]. - The article suggests that there are several other stocks passing through this screen, providing additional investment opportunities [8].

Company Performance - Limbach (LMB) has shown a year-to-date return of approximately 125.7%, significantly outperforming the average gain of 24.8% in the Business Services group [4] - The Zacks Consensus Estimate for Limbach's full-year earnings has increased by 7% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [4] - Limbach currently holds a Zacks Rank of 1 (Strong Buy), suggesting a strong potential for continued performance [3] Industry Context - Limbach is part of the Building Products - Maintenance Service industry, which consists of 3 companies and is currently ranked 31 in the Zacks Industry Rank [6] - The average gain for the Building Products - Maintenance Service industry so far this year is 19.6%, indicating that Limbach is performing better than its peers in this sector [6] - In comparison, Allot Communications, another stock in the Business Services sector, has a year-to-date return of 156.4% and a Zacks Rank of 2 (Buy) [5][7]

Core Viewpoint - Limbach Holdings, Inc. (LMB) has experienced significant stock performance, trading near a 52-week high, with a year-to-date increase of 125.7%, outperforming its industry and broader market indices [1][2]. Group 1: Stock Performance - LMB stock reached a new 52-week high of $103.20 before closing at $102.64 [1] - The stock's year-to-date performance of 125.7% significantly exceeds the Zacks Building Products - Maintenance Service industry's growth of 19.6%, the Zacks Business Services sector's 22.7%, and the S&P 500's 25.3% [2] - Compared to peers, LMB outperformed Great Lakes Dredge & Dock Corporation (GLDD) which gained 60.6%, while Ameresco, Inc. (AMRC) saw a decline of 16.7% [3] Group 2: Financial Performance - Limbach reported third-quarter 2024 earnings with an EPS of 62 cents, surpassing estimates by 8.8%, and revenues of $133.9 million, reflecting a 4.8% year-over-year increase [9] - The shift to Owner-Direct Relationships (ODR) has been pivotal, contributing 82.1% of total gross profits in Q3 2024 and nearly 70% of total revenues, up from 51.5% a year ago [8][9] - Gross profit increased by 15.6% year-over-year, with gross margins rising to 27% from 24.5% [9] Group 3: Strategic Initiatives - The company has raised its 2024 revenue guidance to $520–$540 million and adjusted EBITDA to $60–$63 million, indicating management's confidence in growth [10] - Limbach has completed four acquisitions since late 2021, enhancing customer relationships and expanding its market presence [11] - Investment in innovative solutions, such as rental equipment for indoor climate control and bundled service contracts, strengthens its service portfolio and revenue streams [12] Group 4: Market Position and Valuation - Limbach is positioned favorably within mission-critical sectors like data centers, healthcare, and industrial manufacturing, ensuring a steady pipeline of opportunities [13] - Despite its stock gains, Limbach is attractively valued with a forward 12-month P/E ratio below the industry average, suggesting potential for further growth [14] - Analysts have shown confidence in the stock, with upward revisions in EPS estimates indicating expected growth of 44.3% and 19.1% for 2024 and 2025, respectively [17] Group 5: Investment Outlook - The Average Brokerage Recommendation (ABR) for Limbach is 1.00, with all analysts rating the stock as a Strong Buy, and a price target of $105.50 suggests a potential upside of 6.6% [17] - The company's focus on mission-critical systems and long-term relationships with building owners provides a compelling value proposition [18] - The discounted valuation relative to the industry offers a margin of safety, while strategic initiatives and sector momentum highlight long-term potential [19]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1][2]. Company Overview: Limbach (LMB) - Limbach currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3][4]. - The stock has shown significant price increases, with a 26.98% rise over the past week, compared to a 17.86% increase in the Zacks Building Products - Maintenance Service industry [6]. - Over the past quarter, Limbach shares have increased by 42.67%, and over the last year, they have gained 125.58%, significantly outperforming the S&P 500, which rose 9.45% and 33.9% respectively [7]. Trading Volume and Market Interest - Limbach's average 20-day trading volume is 133,227 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, one earnings estimate for Limbach has increased, raising the consensus estimate from $2.43 to $2.58 for the full year, with no downward revisions noted [10]. - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment regarding future earnings [10].

Core Viewpoint - Growth investors are focused on stocks with above-average financial growth, but identifying stocks that can fulfill their growth potential is challenging due to associated risks and volatility [1] Group 1: Company Overview - Limbach (LMB) is recommended as a growth stock due to its favorable Growth Score and top Zacks Rank [2] - The company has a historical EPS growth rate of 55.2%, with projected EPS growth of 46.6% this year, significantly higher than the industry average of 10% [5] - Limbach's year-over-year cash flow growth is 35.8%, surpassing the industry average of 8.3% [6] Group 2: Financial Metrics - The annualized cash flow growth rate for Limbach over the past 3-5 years is 47.2%, compared to the industry average of 12.7% [7] - The Zacks Consensus Estimate for Limbach's current-year earnings has increased by 6.2% over the past month, indicating a positive trend in earnings estimate revisions [8] Group 3: Investment Potential - Limbach has achieved a Growth Score of A and a Zacks Rank 1 (Strong Buy), suggesting it is a potential outperformer and a solid choice for growth investors [9]

Limbach (LMB) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Limbach (LMB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question. Limbach is one of 308 companies in the Business Services group. The Bu ...

Limbach Holdings, Inc. (NASDAQ:LMB) Q3 2024 Results Conference Call November 6, 2024 9:00 AM ET Company Participants Julie Kegley - Financial Profiles Mike McCann - President and CEO Jayme Brooks - Executive Vice President and CFO Conference Call Participants Rob Brown - Lake Street Capital Gerry Sweeney - Roth Capital Operator Good morning, and welcome to the Q3 2024 Limbach Holdings Earnings Conference Call and Webcast. All participants will be in listen only mode. [Operator Instructions]. I will now turn ...

Limbach (LMB) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 8.77%. A quarter ago, it was expected that this company would post earnings of $0.37 per share when it actually produced earnings of $0.50, delivering a surprise of 35.14%. Over the last four quarters, the company has surpa ...

Surety. The terms of its construction contracts frequently require that the Company obtain from surety companies, and provide to its customers, payment and performance bonds ("Surety Bonds") as a condition to the award of such contracts. The Surety Bonds secure the Company's payment and performance obligations under such contracts, and the Company has agreed to indemnify the surety companies for amounts, if any, paid by them in respect of Surety Bonds issued on its behalf. In addition, at the request of lab ...