Investment Analysts’ Weekly Ratings Changes for Liberty Energy (LBRT)

Several analysts have recently updated their ratings and price targets for Liberty Energy (NYSE: LBRT):

• 1/8/2025 – Liberty Energy had its price target lowered by analysts at TD Cowen from $18.00 to $16.00. They now have a “hold” rating on the stock.
• 1/7/2025 – Liberty Energy had its price target raised by analysts at Citigroup Inc. from $19.00 to $22.00. They now have a “neutral” rating on the stock.
• 1/6/2025 – Liberty Energy had its price target lowered by analysts at Stifel Nicolaus from $25.00 to $23.00. They now have a “buy” rating on the stock.
• 1/5/2025 – Liberty Energy was upgraded by analysts at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating.
• 12/13/2024 – Liberty Energy is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $19.00 price target on the stock.
• 12/10/2024 – Liberty Energy was upgraded by analysts at Atb Cap Markets from a “hold” rating to a “strong-buy” rating.

Liberty Energy Trading Down 0.9 %

LBRT traded down $0.20 during trading on Wednesday, hitting $21.41. 1,721,870 shares of the stock traded hands, compared to its average volume of 2,749,562. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.23 and a quick ratio of 0.97. The firm has a 50-day moving average of $18.48 and a 200 day moving average of $19.65. The firm has a market capitalization of $3.50 billion, a P/E ratio of 10.20 and a beta of 1.66. Liberty Energy Inc. has a 12-month low of $16.57 and a 12-month high of $24.75.

Liberty Energy (NYSE:LBRT) last announced its earnings results on Wednesday, October 16th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.10). Liberty Energy had a return on equity of 18.50% and a net margin of 8.02%. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the prior year, the company posted $0.85 EPS. The firm’s revenue was down 6.4% on a year-over-year basis. Equities research analysts anticipate that Liberty Energy Inc. will post 1.72 EPS for the current year.

Liberty Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.08 per share. This is a positive change from Liberty Energy’s previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date was Friday, December 6th. Liberty Energy’s dividend payout ratio (DPR) is currently 15.24%.

Insiders Place Their Bets

In related news, CFO Michael Stock sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $17.21, for a total value of $86,050.00. Following the sale, the chief financial officer now owns 725,207 shares in the company, valued at approximately $12,480,812.47. This trade represents a 0.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Christopher A. Wright sold 12,000 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $17.44, for a total value of $209,280.00. Following the transaction, the chief executive officer now directly owns 2,606,813 shares in the company, valued at $45,462,818.72. The trade was a 0.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 77,973 shares of company stock valued at $1,471,335. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On Liberty Energy

Hedge funds have recently modified their holdings of the business. Covestor Ltd lifted its position in shares of Liberty Energy by 96.8% in the third quarter. Covestor Ltd now owns 1,704 shares of the company’s stock valued at $33,000 after acquiring an additional 838 shares in the last quarter. Quarry LP lifted its holdings in Liberty Energy by 237.5% in the 3rd quarter. Quarry LP now owns 1,991 shares of the company’s stock worth $38,000 after purchasing an additional 1,401 shares in the last quarter. GAMMA Investing LLC boosted its stake in Liberty Energy by 82.1% in the 3rd quarter. GAMMA Investing LLC now owns 3,174 shares of the company’s stock worth $61,000 after purchasing an additional 1,431 shares during the period. US Bancorp DE grew its holdings in Liberty Energy by 93.2% during the 3rd quarter. US Bancorp DE now owns 4,180 shares of the company’s stock valued at $80,000 after buying an additional 2,016 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Liberty Energy by 24.8% during the third quarter. KBC Group NV now owns 4,906 shares of the company’s stock valued at $94,000 after buying an additional 974 shares during the last quarter. Institutional investors own 98.22% of the company’s stock.

Liberty Energy Inc provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics.