Limbach Holdings, Inc. (LMB) Hits Fresh High: Is There Still Room to Run?

Core Viewpoint - Limbach (LMB) has experienced significant stock price appreciation, with a 54.5% increase over the past month and a 40.2% gain year-to-date, outperforming both the Zacks Business Services sector and the Zacks Building Products - Maintenance Service industry [1] Financial Performance - Limbach has consistently exceeded earnings expectations, reporting an EPS of $1.12 against a consensus estimate of $0.3 in its last earnings report [2] - For the current fiscal year, Limbach is projected to achieve earnings of $4.15 per share on revenues of $610.4 million, reflecting a 15.28% increase in EPS and a 17.66% increase in revenues [3] - The next fiscal year forecasts earnings of $4.54 per share on revenues of $637.29 million, indicating year-over-year changes of 9.4% and 4.41%, respectively [3] Valuation Metrics - Limbach's current valuation metrics show a Price-to-Earnings (P/E) ratio of 28.9X for the current fiscal year, below the peer industry average of 40.3X [7] - The stock trades at a trailing cash flow basis of 24.5X, matching its peer group's average [7] - Limbach has a PEG ratio of 2.41, which does not position it among the top value stocks [7] Zacks Rank and Style Scores - Limbach holds a Zacks Rank of 1 (Strong Buy), supported by favorable earnings estimate revisions from analysts [8] - The stock has a Value Score of D, while its Growth and Momentum Scores are both A, resulting in a combined VGM Score of B [6][9] - The alignment of a Zacks Rank of 1 or 2 with Style Scores of A or B suggests potential for Limbach shares in the near future [9]