Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Limbach Holdings (LMB) Share Price
Media coverage about Limbach Holdings (NYSE:LMB) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Limbach Holdings earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.2219140675669 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s rankings:
- Limbach Holdings, Inc. (LMB) Receives Average Recommendation of “Strong Buy” from Analysts (americanbankingnews.com)
- Limbach : to Present at D.A. Davidson’s 16th Annual Engineering & Construction Conference (4-traders.com)
- Limbach Holdings to Present at D.A. Davidsons 16th Annual Engineering & Construction Conference (itbusinessnet.com)
- Limbach Holdings to Present at D.A. Davidson’s 16th Annual Engineering & Construction Conference (finance.yahoo.com)
Limbach Holdings (NYSE LMB) traded up 0.81% on Tuesday, hitting $13.65. 2,311 shares of the stock were exchanged. The company has a 50-day moving average of $12.99 and a 200 day moving average of $12.88. The firm’s market cap is $101.75 million. Limbach Holdings has a 12 month low of $11.14 and a 12 month high of $16.20.
Limbach Holdings (NYSE:LMB) last announced its quarterly earnings data on Monday, August 14th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.01). The firm had revenue of $117.84 million for the quarter, compared to analysts’ expectations of $115.50 million. Equities research analysts expect that Limbach Holdings will post $0.38 earnings per share for the current fiscal year.
A number of research firms have recently commented on LMB. Zacks Investment Research lowered shares of Limbach Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. Roth Capital set a $18.00 price target on shares of Limbach Holdings and gave the company a “buy” rating in a research report on Friday, August 18th.
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