Limbach Holdings (LMB) has disclosed a new risk, in the Taxation & Government Incentives category.
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Limbach Holdings faces potential business risks due to possible U.S. government shutdowns or delays in federal appropriations, which could adversely affect its operations. Although the company primarily generates revenue from private sector clients, it also engages in contracts with government agencies. Any disruptions in government operations could lead to the suspension or delay of these contracts, affecting payments and the awarding of new contracts. Such uncertainties may also impact the company’s customers, suppliers, and partners, potentially delaying projects and reducing demand for services, thereby affecting Limbach Holdings’ financial stability and business prospects.
Overall, Wall Street has a Moderate Buy consensus rating on LMB stock based on 1 Buy.
To learn more about Limbach Holdings’ risk factors, click here.