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Limbach Holdings, Inc. (LMB) operates as an integrated building systems solutions company in the United States. 
It operates in two segments, General Contractor Relationships and Owner Direct Relationships.
The company engages in the design, prefabrication, installation, management, and maintenance of mechanical, electrical, plumbing, and control systems, as well as heating, ventilation, air-conditioning (HVAC) system.
Its facility services comprise mechanical construction, HVAC service and maintenance, energy audits and retrofits, engineering and design build, constructability evaluation, equipment and materials selection, offsite/prefabrication construction, and sustainable building solutions and practices.
The company serves research, acute care, and inpatient hospitals; public and private colleges, universities, research centers; sports arenas; cultural and entertainment facilities, and amusement rides and parks; and life sciences, including organizations and companies, whose work is centered around research and development focused on living things.
On August 9, LMB reported earnings of $0.46 per share on revenue of $124.88 million for the second quarter ended June 2023. The consensus earnings estimate was $0.23 per share on revenue of $119.50 million. The company beat consensus estimates by 100.00% while revenue grew 7.55% on a year-over-year basis.
The company said it continues to expect 2023 revenue of $490.0 million to $520.0 million. The pervious consensus revenue estimate was $494.15 million for the year ending December 31, 2023. Shares are heading higher in an upward trading channel. Presently they are at the lower boundary of the said channel.
Entry Point: $32.75
Stop Loss: $31.00
Trading Range: $25.32 to $47.67
Target Price: $35.75
