LIMBACH HOLDINGS INC (LMB)
Industrials · specialty contracting / facility services · NASDAQ
Limbach Holdings provides essential design, maintenance, and facility infrastructure services for mission-critical buildings, emphasizing long-term owner-direct relationships.
What LIMBACH HOLDINGS INC does
Limbach Holdings is a building systems solutions firm that provides mechanical, electrical, plumbing, and controls (MEPC) design, installation, and maintenance services. The company focuses on mission-critical facilities, primarily serving healthcare, industrial, data centers, life sciences, higher education, and entertainment sectors through two segments: Owner Direct Relationships (ODR) and General Contractor Relationships (GCR).
Recent developments
In August 2026, the company increased its full-year 2026 revenue guidance to $760 million–$790 million. It continues to integrate Pioneer Power, acquired in 2025, with a goal of aligning its margins with corporate averages over the next two to three years.
From LIMBACH HOLDINGS INC's filing of 2026-08-04.
Themes: mission-critical facility services, building automation / MEPC, energy efficiency / decarbonization, data center infrastructure, preventative maintenance
Fundamentals
- Price$50.95 as of 2026-10-08 close
- Market cap$608M as of 2026-08-03 (share count; price 2026-10-08)
- 1-year return-46.0% 2025-10-08 close $94.42 → 2026-10-08 close $50.95
- P/E20.35 as of 2026-10-08
- Net margin+6.0% FY2025, SEC XBRL
- Gross margin+26.2% FY2025, SEC XBRL
- ROE+20.0% FY2025, SEC XBRL
- Debt / equity0.20 as of 2026-09-03
- Revenue growth (YoY)+23.7% as of 2026-09-03
- Revenue CAGR (3y)+9.2% SEC XBRL
- Beta1.27 as of 2026-09-03
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How LMB compares in its sector
- price-to-earnings ratiomiddle range 349 covered Industrials peers, as of 2026-10-08
- net profit marginmiddle range 417 covered Industrials peers, as of 2026-09-03
- operating marginmiddle range 392 covered Industrials peers, as of 2026-09-03
- gross marginmiddle range 253 covered Industrials peers, as of 2026-09-03
- return on equitytop 25% 432 covered Industrials peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 428 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)middle range 417 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How LIMBACH HOLDINGS INC looks technically
LIMBACH HOLDINGS INC (LMB) is trading 31.2% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 243 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 14, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 17 trading days ago. It is 55.7% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 8% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 31.2% below its 200-day average, the long-term trend line — a long-term downtrend | -31.2% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $49.71 | $49.71 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $74.10 | $74.10 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 8 calendar days ago — the swings before that are what the structure reading is measured on | 8 sessions |
| Wave structure | its recent swings can be read as a completed five-part downward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes below 47.19. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible five-wave downward sequence, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 243 trading days ago — a "death cross", a bearish long-term signal | 243 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 14, below the 25 that marks a real trend) | 13.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30) | 52.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($47.19 to $54.00) — its "stochastic" reading is 55 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 55.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 31 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $114.95 | $114.95 |
|---|---|---|
| From the 52-week high | it is 55.7% below its 52-week high (its highest price of the past year) | -55.7% |
| Above the 52-week low | it is 25.1% above its 52-week low (its lowest price of the past year) | +25.1% |
| Below the 52-week high | it is 55.7% below its highest point of the past year | 55.7% |
| Since a 20-day breakout | it made a new 20-day high about 17 trading days ago | 17 sessions |
| Since a 55-day breakout | it made a new 55-day low about 28 trading days ago | 28 sessions |
| All-time high | its highest closing price on record is $154.05 (set on 2025-07-03) | $154.05 |
| Given back of the 52-week move | over the past year its closes ranged ($41.22 to $114.11), and it has recovered only a small part of its fall from last year’s high — 13% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $86.27 to $88.60. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 13.3% |
| From the all-time high | it is 66.9% below its all-time high | -66.9% |
| Nearest price level | it is trading 37.2% below a resistance level at $69.92 — a price it turned at twice since 2026-03-20, most recently on 2026-05-19. Since 2024-10-08 it has 0 such levels below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +37.2% |
| All-time low | its lowest closing price on record is $2.37 (set on 2020-03-25) | $2.37 |
| Above the all-time low | it is 2049.8% above its all-time low | +2,050% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 8% of the past ~6 months), which often precedes a bigger move | 8th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $2.44 between its high and its low — about 4.8% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $2.44 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $48.14 and $53.08 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $48.14 – $50.61 – $53.08 |
| Typical daily range (% of price) | its price moves about 4.8% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.8% |
| Stretch from the 200-day average | it is trading 9.5 daily ranges below its 200-day average price (31.2% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 9.5 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.71× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 9 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 9 sessions ago |
|---|---|---|
| Since a bearish engulfing | 4 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 4 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 1.7% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -1.7% |
|---|---|---|
| Open gap | it gapped 2.7% above the previous close 25 sessions ago and has not traded back through the level it left behind at 44.79 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.7% |
| Gap filled | a 2.7% gap up opened on 2026-09-17 has been "filled" 15 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 15 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -0.78% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 1.8 percentage points (the stock gained 2.8% while the market gained 1.0%) | +1.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 37.8 percentage points (the stock lost 34.0% while the market gained 3.8%) | -37.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 53.9 percentage points (the stock lost 36.4% while the market gained 17.5%) | -53.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 61.0 percentage points (the stock lost 46.0% while the market gained 15.0%) | -61.0% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 0.3% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 22.4% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -0.3% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 26% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $68.59 — a volume-weighted average of daily closes over 188 sessions, not a true tick-by-tick VWAP. | -25.7% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% above the average price paid since it last reported on 2026-08-04 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $47.99 — a volume-weighted average of daily closes over 47 sessions, not a true tick-by-tick VWAP. | +6.2% |
Price levels it has turned at before
LMB last closed at $50.95 on 2026-10-08. Since 2024-10-08 it has turned at 0 prices below its last close and 13 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $69.92 | Resistance | 37.2% above the last close | turned there twice · 2026-03-20 to 2026-05-19 |
| $71.47 | Resistance | 40.3% above the last close | turned there twice · 2026-05-11 to 2026-07-13 |
| $75.45 | Resistance | 48.1% above the last close | turned there five times · 2025-02-24 to 2026-07-02 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $47.19.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 4 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 2 trading days, since 2026-10-07.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · lagging the market · Stretched far below its 200-day average (6+ daily ranges) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$77.20 range $50.00 – $95.00; median $85.00
Analyst estimates, as of 2026-10-03. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for LMB
- Consensus EPS estimate$1.21 next reporting period, as of 2026-10-03
- Estimate change, 30 days-$0.006 (-0.5%) from $1.22, on 2026-08-29, 35-day window
- Readings revised upward0% of 7 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Contract backlog is subject to adjustments, delays, and cancellations, which could impact future earnings.","Fluctuations in costs of labor, materials, and equipment can affect contract margins.","Integration of acquisitions, such as Pioneer Power, may involve challenges in achieving expected margin improvements."]
What changed in the latest 10-Q
AI-assisted comparison of LMB's 10-Q filed 2026-05-05 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- Added 'controls' to list of systems: 'mechanical (heating, ventilation, and air conditioning), electrical, plumbing, and controls (MEPC) systems' in newer filing (2026-05-05)
- Added description of company operating on 'connected platform' that 'integrates engineering expertise with field execution' in newer filing (2026-05-05)
- Added reference to 'Midwestern regions' in addition to Eastern regions (previously only 'eastern United States') in newer filing (2026-05-05)
- Expanded Revenue section to include detailed discussion of construction-type contracts, service contracts, performance obligations satisfaction over time, and cost-to-cost method explanation in newer filing (2026-05-05)
- Added specific language about 'modified fixed-price' contracts as a contract type in newer filing (2026-05-05)
- Added discussion of service contract types including fixed-price maintenance/repair/retrofit contracts and time and materials service work in newer filing (2026-05-05)
- Added explanation that service contracts are 'typically one year' in duration in newer filing (2026-05-05)
- Removed:
- Removed reference to 'approximately 1,700 team members' - replaced with 'approximately 1,600 team members' in newer filing (2026-05-05)
- Removed phrase 'building owners and facilities managers' from opening overview description, replaced with 'building owners and operators of mission-critical facilities' in newer filing (2026-05-05)
- Removed reference to 'eastern United States' as sole geographic scope, replaced with 'Eastern and Midwestern regions of the United States' in newer filing (2026-05-05)
- Removed reference to 'mechanical, plumbing or electrical systems' and 'building controls' as separate list items in ODR segment definition in newer filing (2026-05-05)
- Removed phrase 'or property managers' from ODR segment description in newer filing (2026-05-05)
- Removed simplified Revenue section language about 'fixed-price construction contracts,' contract duration ranges, and 'cost-to-cost method' from older filing - replaced with more detailed explanation in newer filing (2026-05-05)
- Removed phrase 'living things' - changed to 'living organisms and biological systems' in Life sciences definition in newer filing (2026-05-05)
- Reworded:
- Changed 'designs, delivers, and maintains' vs. original description in overview in newer filing (2026-05-05)
- Changed overview from describing company as 'strives to be an indispensable partner to its customers by providing services that are essential to the operation of their businesses' to 'strives to be an indispensable partner by combining its national capabilities with strong local execution and talent to deliver proactive, safe, and reliable solutions for complex facilities' in newer filing (2026-05-05)
- Changed from 'team members uniquely combine engineering expertise with field installation skills' to 'integrates engineering expertise with field execution' in newer filing (2026-05-05)
- Changed from 'full life-cycle capabilities' to 'connected platform' language in newer filing (2026-05-05)
- Changed Revenue section from brief overview to comprehensive discussion including performance obligations analysis and input method explanation in newer filing (2026-05-05)
- Changed from 'mechanical, plumbing, and electrical construction services' to 'MEPC systems services' terminology throughout Revenue section in newer filing (2026-05-05)
- Notes:
- Newer filing text appears truncated at end of Acquisition-related Retention Expense section; older filing also appears truncated at similar point, limiting full comparison of subsequent sections
- Both filings reference Note 8 and Note 5 but older filing text is cut off before completing those references
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
7 open-market purchases and 1 open-market sale by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-047 buys ($515920) · 1 sell ($255770) — 3 buying, 1 selling insiders
- Last 90 days · read to 2026-10-047 buys ($515920) · 1 sell ($255770) — 3 buying, 1 selling insiders
- Last 180 days · read to 2026-10-047 buys ($515920) · 8 sells ($2M) — 3 buying, 2 selling insiders
Cluster buying: 3 different insiders reported open-market purchases (SEC code P) of LMB within a 30-day window between 2026-09-11 and 2026-09-15. Disclosed Form 4 activity, not a prediction of performance or a buy signal.
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-15. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about LMB's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding LMB as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 2,514,921
- Reported value $193,648,955
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about LMB's institutional holders → See what each manager we track holds →
Short interest (FINRA)
LMB had 963,979 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
LMB had 8.08% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.92 days to cover at the same settlement.
- Reported short interest (shares) 963,979
- Short interest (% of shares outstanding) 8.08%
- Prior settlement (shares) 968,574
- Reported change -0.47%
- Days to cover (reported) 1.92
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does LIMBACH HOLDINGS INC (LMB) do?
Limbach Holdings is a building systems solutions firm that provides mechanical, electrical, plumbing, and controls (MEPC) design, installation, and maintenance services. The company focuses on mission-critical facilities, primarily serving healthcare, industrial, data centers, life sciences, higher education, and entertainment sectors through two segments: Owner Direct Relationships (ODR) and General Contractor Relationships (GCR).
What sector is LIMBACH HOLDINGS INC (LMB) in?
LIMBACH HOLDINGS INC (LMB) is classified in the Industrials sector. Its industry is specialty contracting / facility services. It trades on NASDAQ.
Who are LIMBACH HOLDINGS INC's (LMB) competitors?
Notable peers of LIMBACH HOLDINGS INC (LMB) include Comfort Systems USA, EMCOR Group, Dycom Industries, MYR Group and MasTec. This peer set is informational only — not financial advice.
Is LIMBACH HOLDINGS INC (LMB) overbought or oversold right now?
LIMBACH HOLDINGS INC (LMB) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 52, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on LMB come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.