Liberty Energy Inc [LBRT] stock prices are up 2.08% to $21.59 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LBRT shares have gain 7.90% over the last week, with a monthly amount drifted -6.21%, and not 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 May 29, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $32 from $24. Previously, TD Cowen reaffirmed its Hold rating on April 19, 2024, and elevated its price target to $21. On April 18, 2023, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $17 on the stock. Citigroup downgraded its rating to a Neutral but stick to its price target of $19 on January 17, 2023. Wells Fargo upgraded its rating to a Overweight but $24 remained the price target by the analyst firm on October 26, 2022. RBC Capital Mkts upgraded its rating to Outperform for this stock on July 27, 2022, and upped its price target to $25. In a note dated March 31, 2022, Wells Fargo downgraded an Equal Weight rating on this stock and boosted its target price from $14 to $15.
The stock price of Liberty Energy Inc [LBRT] has been fluctuating between $14.75 and $24.75 over the past year. Currently, Wall Street analysts expect the stock to reach $22.63 within the next 12 months. Liberty Energy Inc [NYSE: LBRT] shares were valued at $21.59 at the most recent close of the market. An investor can expect a potential return of 4.82% based on the average LBRT price forecast.
Analyzing the LBRT fundamentals
The Liberty Energy Inc [NYSE:LBRT] reported sales of 4.56B for trailing twelve months, representing a drop of -14.97%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.26 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
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 20.97 points at the first support level, and at 20.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.10, and for the 2nd resistance point, it is at 22.60.
Ratios To Look Out For
It’s worth pointing out that Liberty Energy Inc [NYSE:LBRT]’s Current Ratio is 1.48. As well, the Quick Ratio is 1.16, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.79, the price to book ratio is 1.89 and price to earnings (TTM) ratio is 7.90.
Transactions by insiders
Recent insider trading involved Stock Michael, Chief Financial Officer, that happened on Jul 11 ’24 when 4374.0 shares were sold. Chairman of the Board and CEO, Wright Christopher A completed a deal on Jul 03 ’24 to sell 20000.0 shares. Meanwhile, Chairman of the Board and CEO Wright Christopher A sold 20000.0 shares on Jul 02 ’24.
