Stifel initiated coverage on Limbach with a new price target
$LMB
Engineering & Construction
Consumer Discretionary
Stifel initiated coverage of Limbach with a rating of Buy and set a new price target of $108.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/15/2024 | $108.00 | Buy | Stifel |
| 11/22/2021 | $15.00 | Buy | EF Hutton |
Delivered FY2024 Record Net Income and Record Adjusted EBITDA Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company") today announced its financial results for the quarter and year ended December 31, 2024. 2024 Highlights Compared to 2023 Record full-year net income of $30.9 million, or $2.57 per diluted share, compared to $20.8 million, or $1.76 per diluted share. Record adjusted net income of $43.2 million, or $3.60 per adjusted diluted earnings per share, compared to adjusted net income of $29.2 million, or $2.48 per adjusted diluted earnings per share. Record full-year adjusted EBITDA of $63.7 million, up 36.1% from $46.8 million. Owner Direct Relationships ("ODR") re
Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company"), a building systems solutions firm, today announced that it will release its fourth quarter and full year 2024 financial results after the stock market closes on Monday, March 10, 2025. The Company will also host a conference call for analysts the following morning at 9:00 a.m. ET. Conference Call Details Date: Tuesday, March 11, 2025 Time: 9:00 a.m. ET Participant Dial-In Numbers: Domestic Callers: (877) 407-6176 International Callers: +1 (201) 689-8451 Access By Webcast The call will be simultaneously webcast over the Internet via the "Investor Relations" section of Limbach's website at IR Events - Limbach or
Leading provider of industrial facility systems solutions serving Kentucky, Michigan, and Illinois expands Limbach's owner direct relationships Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company"), a building systems solutions firm that partners with building owners and facilities managers who have mission-critical mechanical, electrical, and plumbing infrastructure, today announced that it has acquired Consolidated Mechanical, Inc. ("CMI"). Founded in 1984 in Owensboro, Kentucky, CMI serves the heavy industrial, power, and commercial markets. CMI is a premier provider of mechanical, millwright, steel fabrication, plumbing construction, maintenance, and outage services to ow
Delivered FY2024 Record Net Income and Record Adjusted EBITDA Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company") today announced its financial results for the quarter and year ended December 31, 2024. 2024 Highlights Compared to 2023 Record full-year net income of $30.9 million, or $2.57 per diluted share, compared to $20.8 million, or $1.76 per diluted share. Record adjusted net income of $43.2 million, or $3.60 per adjusted diluted earnings per share, compared to adjusted net income of $29.2 million, or $2.48 per adjusted diluted earnings per share. Record full-year adjusted EBITDA of $63.7 million, up 36.1% from $46.8 million. Owner Direct Relationships ("ODR") re
Limbach Holdings, Inc. (NASDAQ:LMB), a building systems solutions firm partnering with building owners and facilities managers with mission-critical mechanical, electrical, and plumbing infrastructure, today announced that Michael McCann, President and Chief Executive Officer, will host one-on-one meetings with investors at the UBS Services Conference March 12th and 13th in New York City. Also, McCann and Jayme Brooks, Executive Vice President and Chief Financial Officer, will participate in the Roth 37th Annual Conference for Growth Companies on March 16th-18th in Dana Point, CA. In addition to hosting 1x1 meetings with investors, McCann and Brooks will participate in a fireside chat on T
Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company"), a building systems solutions firm, today announced that it will release its fourth quarter and full year 2024 financial results after the stock market closes on Monday, March 10, 2025. The Company will also host a conference call for analysts the following morning at 9:00 a.m. ET. Conference Call Details Date: Tuesday, March 11, 2025 Time: 9:00 a.m. ET Participant Dial-In Numbers: Domestic Callers: (877) 407-6176 International Callers: +1 (201) 689-8451 Access By Webcast The call will be simultaneously webcast over the Internet via the "Investor Relations" section of Limbach's website at IR Events - Limbach or
Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company") today announced the closing of the acquisition of Industrial Air, LLC ("IA"), a specialty mechanical contractor based in Greensboro, North Carolina, for an initial enterprise value of $13.5 million in an all-cash transaction. Transaction Highlights IA provides environmental mechanical and air filtration solutions and custom air handling equipment to industrial customers, with a particular expertise in serving the mission critical needs of leading businesses in the textile industry. Headquartered in Greensboro, North Carolina, IA establishes Limbach's presence in a diversified and fast-growing geographic market from whi
Michael M. McCann, COO since 2019, to become CEO effective March 29, 2023 Current CEO Charlie Bacon to remain on Limbach's Board of Directors Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company") announced today the appointment of Michael M. McCann as Chief Executive Officer ("CEO"), effective March 29, 2023. Mr. McCann currently serves as Executive Vice President and Chief Operating Officer ("COO") of Limbach, a role he has held since 2019. Mr. McCann will take over as CEO from Charlie Bacon, who has served as the Company's CEO since 2004. Mr. Bacon will continue to serve as a member of Limbach's Board of Directors until the Company's 2023 annual meeting of stockholders, at wh
Limbach Holdings, Inc. (NASDAQ:LMB) ("Limbach" or the "Company") announced today the appointment of Mr. Christos Ruci as Chief Information Officer. As a Company, our focus has been to increase value for our customers as part of our Owner-Direct business model. This strategic direction has required us to expand our partnerships and make decisions that invest in solutions designed to increase the effectiveness and efficiency of the business. Our technology, digital, and analytics solutions play a critical role in this effort. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220627005133/en/Christos Ruci (Photo: Business Wire) To this
4 - Limbach Holdings, Inc. (0001606163) (Issuer)
4 - Limbach Holdings, Inc. (0001606163) (Issuer)
4 - Limbach Holdings, Inc. (0001606163) (Issuer)
4 - Limbach Holdings, Inc. (0001606163) (Issuer)
4 - Limbach Holdings, Inc. (0001606163) (Issuer)
4 - Limbach Holdings, Inc. (0001606163) (Issuer)
Stifel initiated coverage of Limbach with a rating of Buy and set a new price target of $108.00
EF Hutton initiated coverage of Limbach Holdings with a rating of Buy and set a new price target of $15.00
Lake Street Capital initiated coverage of Limbach with a rating of Buy
10-K - Limbach Holdings, Inc. (0001606163) (Filer)
8-K - Limbach Holdings, Inc. (0001606163) (Filer)
8-K - Limbach Holdings, Inc. (0001606163) (Filer)
SC 13G/A - Limbach Holdings, Inc. (0001606163) (Subject)
SC 13G/A - Limbach Holdings, Inc. (0001606163) (Subject)
SC 13G/A - Limbach Holdings, Inc. (0001606163) (Subject)