At the time of writing, Liberty Energy Inc [LBRT] stock is trading at $19.67, up 5.24%. 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 8.26% over the last week, with a monthly amount glided 6.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Citigroup downgraded its rating to Neutral on October 18, 2024, and dropped its price target to $19. On July 19, 2024, TD Cowen reiterated its Hold rating and revised its price target to $20 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $32 on May 29, 2024. TD Cowen reiterated its recommendation of a Hold and raised its price target to $21 on April 19, 2024. Morgan Stanley downgraded its rating to Equal-Weight for this stock on April 18, 2023, and downed its price target to $17. In a note dated January 17, 2023, Citigroup downgraded an Neutral rating on this stock but restated the target price of $19.
For the past year, the stock price of Liberty Energy Inc fluctuated between $16.57 and $24.75. Currently, Wall Street analysts expect the stock to reach $22.83 within the next 12 months. Liberty Energy Inc [NYSE: LBRT] shares were valued at $19.67 at the most recent close of the market. An investor can expect a potential return of 16.07% based on the average LBRT price forecast.
Analyzing the LBRT fundamentals
According to Liberty Energy Inc [NYSE:LBRT], the company’s sales were 4.45B for trailing twelve months, which represents an -6.36% plunge. 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 18.87 points at the first support level, and at 18.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.17, and for the 2nd resistance point, it is at 20.68.
Ratios To Look Out For
It is important to note that Liberty Energy Inc [NYSE:LBRT] has a current ratio of 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 1.63 and price to earnings (TTM) ratio is 9.41.
Transactions by insiders
Recent insider trading involved Stock Michael, Chief Financial Officer, that happened on Dec 30 ’24 when 5000.0 shares were sold. Officer, Stock Michael completed a deal on Dec 30 ’24 to buy 5000.0 shares. Meanwhile, Chairman of the Board and CEO Wright Christopher A sold 5064.0 shares on Dec 11 ’24.
