Liberty Energy Inc [LBRT] stock prices are up 3.49% to $18.99 at the moment. 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 gain 12.37% over the last week, with a monthly amount glided 7.05%, 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 October 18, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $19 from $25. Previously, TD Cowen reaffirmed its Hold rating on July 19, 2024, and dropped its price target to $20. On May 29, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $32 on the stock. TD Cowen reiterated its Hold rating and increased its price target to $21 on April 19, 2024. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $17 on April 18, 2023. Citigroup downgraded its rating to Neutral for this stock on January 17, 2023, but kept the price target unchanged to $19. In a note dated October 26, 2022, Wells Fargo upgraded an Overweight rating on this stock but restated the target price of $24.
The stock price of Liberty Energy Inc [LBRT] has been fluctuating between $16.57 and $24.75 over the past year. Currently, Wall Street analysts expect the stock to reach $22.7 within the next 12 months. Liberty Energy Inc [NYSE: LBRT] shares were valued at $18.99 at the most recent close of the market. An investor can expect a potential return of 19.54% based on the average LBRT price forecast.
Analyzing the LBRT fundamentals
The Liberty Energy Inc [NYSE:LBRT] reported sales of 4.45B for trailing twelve months, representing a drop of -6.36%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.19 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
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 18.49 points at the first support level, and at 17.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.41, and for the 2nd resistance point, it is at 19.82.
Ratios To Look Out For
It’s worth pointing out that Liberty Energy Inc [NYSE:LBRT]’s Current Ratio is 1.23. Also, the Quick Ratio is 0.97, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 0.72, the price to book ratio is 1.58 and price to earnings (TTM) ratio is 9.09.
Transactions by insiders
Recent insider trading involved Stock Michael, Chief Financial Officer, that happened on Nov 06 ’24 when 5000.0 shares were sold. Chairman of the Board and CEO, Wright Christopher A completed a deal on Nov 06 ’24 to sell 25963.0 shares. Meanwhile, Chairman of the Board and CEO Wright Christopher A sold 12000.0 shares on Nov 05 ’24.
