Limbach Holdings, Inc. (LMB)
NASDAQIndustrialsConstruction MaterialsSnapshot 2026-09-04
$49.86+0.63%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsConstruction MaterialsSnapshot 2026-09-04
QuarterlyIQ Insights · LMB
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -30.1% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 23.3% |
Growth built into the price is above our model estimate.
The price assumes 53.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 26 industry peers · Company calendar date is not available
LMB — credit agreement
Dated 2026-09-01
Regulation FD Disclosure On September 1, 2026, Limbach Holdings, Inc. (the “Company”) issued a press release announcing the closing of the acquisition of Madison, Wisconsin-based mechanical contractor, 1901 Inc., for an initial purchase price at closing of $63.0 million to be paid through a combination of available cash and borrowings under the Company’s recently expanded revolving credit facility. The transaction also includes performance-based earnouts of up to $6.0 million, with the earnou…
Why it matters: Hitting or going over this number would back up management's revenue plans for 2026.
Supportive ifQ2 revenue reported at or above $186.9 million.
Worry ifQ2 revenue reported below $186.9 million.
Why it matters: If revenue is above this amount, it shows strong demand and good execution.
Supportive ifTotal revenue was above $790 million.
Worry ifTotal revenue was below $760 million.
Why it matters: If growth falls below this threshold, it signals weakening demand in key markets.
Worry ifOrganic revenue growth in the ODR segment reported below 6% for Q3 2026.
Less concerning ifOrganic revenue growth in the ODR segment reported at or above 6% for Q3 2026.
Why it matters: Better gross margins show good cost management and pricing strategies.
Supportive ifGross margin reported at or above 23% for Q3 2026.
Worry ifGross margin reported below 23% for Q3 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$220 on $10,000 · ±2.2% | How much price usually moves either way. |
| Bad day | $588 loss on $10,000 · 5.9% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,388 loss on $10,000 · 63.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: If it drops below this level, it shows ongoing problems. This would hurt investor trust.
Worry ifAdjusted EBITDA was below $78 million for Q3 2026.
Less concerning ifAdjusted EBITDA was at or above $78 million for Q3 2026.
Why it matters: If sector revenue growth picks up, it could benefit Limbach's business. It signals a healthier market.
Supportive ifSector revenue growth rises above 7% year over year.
Worry ifSector revenue growth stays below 5% year over year.
Why it matters: This would indicate recovery from the sharp decline seen in Q1 and support 2026 guidance.
Supportive ifQ2 Adjusted EBITDA was at least $17.6 million.
Worry ifQ2 Adjusted EBITDA was less than $17.6 million.
Why it matters: Reaffirming this guidance shows trust in demand and execution. This helps keep the stock stable.
Supportive ifManagement reaffirms revenue guidance of $760 million to $790 million for FY 2026.
Worry ifManagement lowers revenue guidance to less than $760 million.
Why it matters: The performance of 1901 Inc. will show how well Limbach integrates new acquisitions and expands its market.
Supportive ifQ3 revenue contribution from 1901 Inc. exceeds $35 million.
Worry ifQ3 revenue contribution from 1901 Inc. is below $25 million.
Why it matters: Strong growth in ODR shows Limbach's skill in building customer ties and adding services.
Supportive ifODR organic revenue growth is over 10% compared to last year.
Worry ifODR organic revenue growth is below 6% compared to last year.
Why it matters: How well Limbach integrates Pioneer Power will affect its profits and margins.
Watch forGross margins from Pioneer Power improve to at least 20% by Q4 2026.
Also watch forGross margins from Pioneer Power remain below 15% by Q4 2026.