Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Limbach Holdings Inc (NASDAQ: LMB) weakened of late. LMB’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Limbach Holdings Inc (NASDAQ: LMB) stock closed at $39.31 on 4/19/24 after a modest decline of -1.8%. Moreover, trading volume in this decline was unusually high at 160% of normal. The stock has declined -3.3% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
LMB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Limbach Holdings has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Limbach Holdings has a poor Appreciation Score of 26 but a very high Power Rating of 99, leading to the High Neutral Value Trend Rating.
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