Added to YB: 2024-02-01
Pitch date: 2024-01-31
LMB [bullish]
Limbach Holdings, Inc.
+75.44%
current return
Author Info
No bio for this author
Company Info
Limbach Holdings, Inc. operates as a building systems solution company in the United States. It operates through two segments, General Contractor Relationships and Owner Direct Relationships.
Market Cap
$792.6M
Pitch Price
$43.29
Price Target
60.00 (-21%)
Dividend
N/A
EV/EBITDA
12.54
P/E
22.51
EV/Sales
1.43
Sector
Construction and Engineering
Category
growth
Limbach: High-Quality Business, I See Strong Upside Potential
$LMB thrived in '23 non-res boom; 40% upside on mgmt & macro. Targeting 70% ODR rev by '25 for x-sell & profit. Resilient w/ $57M cash, $20M debt. DCF: $60 fair value. Risks: profit-taking post 231% gain, recession, earnings swings. 4% '24 non-res growth + liquidity = positioned well.
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