Limbach Holdings Inc. (LMB)
Limbach Holdings: Margins Showing Strength, Expected To Continue Growing Further
Limbach Holdings is experiencing topline weakness due to revenue loss in the GCR segment, targeting ODR revenue share increase to drive EBITDA growth. Continued investment in acquisition and new product offerings should drive topline growth in coming years. LMB's valuation is currently near its sector median and considering promising long-term prospects, the stock is a decent buy at the current levels.
Limbach Holdings Is Doing Even Better Than I Expected
Limbach Holdings stock has increased by 92% since my very first bullish call in June 2023, outperforming the S&P 500 Index. As far as I can see, the company continues to grow EBITDA and EPS by focusing on higher-margin businesses. Management is raising its forecast for adjusted EBITDA, which could indicate that margins are growing even faster than previously assumed.
