Workflow
Is Limbach (LMB) a Solid Growth Stock? 3 Reasons to Think "Yes"
LMBLimbach(LMB) ZACKS·2024-11-08 18:45

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]