Liberty Energy Inc [LBRT] stock is trading at $22.10, down -1.60%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LBRT shares have lost -0.32% over the last week, with a monthly amount glided 9.62%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Liberty Energy Inc [NYSE: LBRT] stock has seen the most recent analyst activity on April 18, 2023, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $17 from $20. Previously, Citigroup downgraded its rating to Neutral on January 17, 2023, and kept the price target unchanged to $19. On October 26, 2022, upgrade upgraded it’s rating to Overweight but maintained its price target of $24 on the stock. RBC Capital Mkts upgraded its rating to a Outperform and increased its price target to $25 on July 27, 2022. Wells Fargo downgraded its rating to a Equal Weight and raised its price target to $15 on March 31, 2022. BofA Securities upgraded its rating to Buy for this stock on March 11, 2022. In a note dated January 05, 2022, Wells Fargo upgraded an Overweight rating on this stock but restated the target price of $14.
Liberty Energy Inc [LBRT] stock has fluctuated between $11.62 and $23.23 over the past year. Currently, Wall Street analysts expect the stock to reach $20.29 within the next 12 months. Liberty Energy Inc [NYSE: LBRT] shares were valued at $22.10 at the most recent close of the market. An investor can expect a potential drop of -8.19% based on the average LBRT price forecast.
Analyzing the LBRT fundamentals
Liberty Energy Inc [NYSE:LBRT] reported sales of 4.75B for the trailing twelve months, which represents a drop of -12.29%. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.32 and Total Capital is -0.4. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.85 points at the first support level, and at 21.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.59, and for the 2nd resistance point, it is at 23.07.
Ratios To Look Out For
For context, Liberty Energy Inc’s Current Ratio is 1.49. Also, the Quick Ratio is 1.17, while the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 2.00 and price to earnings (TTM) ratio is 7.01.
Transactions by insiders
Recent insider trading involved Wright Christopher A, Chairman of the Board and CEO, that happened on Apr 04 ’24 when 20000.0 shares were sold. Chairman of the Board and CEO, Wright Christopher A completed a deal on Apr 03 ’24 to sell 20000.0 shares. Meanwhile, Chief Financial Officer Stock Michael sold 20000.0 shares on Apr 01 ’24.
