A share price of Liberty Energy Inc [LBRT] is currently trading at $20.77, up 3.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LBRT shares have gain 10.42% over the last week, with a monthly amount drifted -0.05%, 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 July 19, 2024, when TD Cowen reiterated its Hold rating and also revised its price target to $20 from $21. Previously, Citigroup upgraded its rating to Buy on May 29, 2024, and elevated its price target to $32. On April 19, 2024, TD Cowen reiterated its Hold rating and revised its price target to $21 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $17 on April 18, 2023. Citigroup downgraded its rating to a Neutral but $19 remained the price target by the analyst firm on January 17, 2023. Wells Fargo upgraded its rating to Overweight for this stock on October 26, 2022, but kept the price target unchanged to $24. In a note dated July 27, 2022, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $21 to $25.
Liberty Energy Inc experienced fluctuations in its stock price throughout the past year between $16.33 and $24.75. Currently, Wall Street analysts expect the stock to reach $23.22 within the next 12 months. Liberty Energy Inc [NYSE: LBRT] shares were valued at $20.77 at the most recent close of the market. An investor can expect a potential return of 11.8% based on the average LBRT price forecast.
Analyzing the LBRT fundamentals
Trailing Twelve Months sales for Liberty Energy Inc [NYSE:LBRT] were 4.52B which represents -2.94% decline. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.23 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
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 20.26 points at the first support level, and at 19.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.05, and for the 2nd resistance point, it is at 21.33.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Liberty Energy Inc [NYSE:LBRT] is 1.35. In addition, the Quick Ratio stands at 1.07 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 1.77 and price to earnings (TTM) ratio is 8.29.
Transactions by insiders
Recent insider trading involved Wright Christopher A, Chairman of the Board and CEO, that happened on Sep 17 ’24 when 20000.0 shares were sold. Chairman of the Board and CEO, Wright Christopher A completed a deal on Sep 16 ’24 to sell 20000.0 shares. Meanwhile, Officer Christopher A. Wright bought 0.16 million shares on Sep 16 ’24.
