- Limbach has key drivers, which correlate with a return to office scenario.
- Strong topline growth has been a key feature over the past 5 years, with operational efficiency contributing towards improved YoY earnings.
- The company had a recent increase in deferred tax assets and is seeking more favourable financing terms, which could result in an even better bottom line.
- The stock is still undervalued according to an asset-based valuation. Institutional price targets support the valuation.
- Investors need to consider risks such as contract-based cost of revenue, large historical peaks and troughs in the stock price, and minimum wage policies.
For further details see:
Limbach Holdings: If You're Looking For A Back To Office Stock