2 hours Ago By ABMN Staff
Liberty Energy Inc. ( NYSE:LBRT – Get Free Report ) has earned an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating on the company.
The average twelve-month target price among analysts that have covered the stock in the last year is $22.30. Several brokerages recently weighed in on LBRT.
The Goldman Sachs Group initiated coverage on shares of Liberty Energy in a research report on Friday, December 13th. They issued a “neutral” rating and a $19.00 price target on the stock.
Evercore ISI raised Liberty Energy to a “strong-buy” rating in a research report on Thursday, October 17th. Royal Bank of Canada lowered their price target on Liberty Energy from $26.00 to $24.
00 and set an “outperform” rating for the company in a research report on Friday. Seaport Res Ptn raised shares of Liberty Energy from a “hold” rating to a “strong-buy” rating in a report on Sunday, January 5th. Finally, Citigroup increased their target price on shares of Liberty Energy from $19.
00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. View Our Latest Research Report on Liberty Energy Insider Activity Institutional Investors Weigh In On Liberty Energy Large investors have recently added to or reduced their stakes in the business.
Covestor Ltd grew its stake in Liberty Energy by 96.8% in the 3rd quarter. Covestor Ltd now owns 1,704 shares of the company’s stock worth $33,000 after buying an additional 838 shares in the last quarter.
Quarry LP lifted its holdings in shares of Liberty Energy by 237.5% during the 3rd quarter. Quarry LP now owns 1,991 shares of the company’s stock worth $38,000 after acquiring an additional 1,401 shares during the last quarter.
Blue Trust Inc. grew its position in Liberty Energy by 604.9% in the fourth quarter.
Blue Trust Inc. now owns 2,460 shares of the company’s stock worth $47,000 after acquiring an additional 2,111 shares in the last quarter. Spire Wealth Management bought a new position in Liberty Energy in the fourth quarter valued at $60,000.
Finally, GAMMA Investing LLC raised its position in Liberty Energy by 82.1% during the third quarter. GAMMA Investing LLC now owns 3,174 shares of the company’s stock valued at $61,000 after purchasing an additional 1,431 shares in the last quarter.
Institutional investors own 98.22% of the company’s stock. Liberty Energy Trading Down 4.
6 % Shares of Liberty Energy stock opened at $18.30 on Thursday. The stock has a market capitalization of $2.
99 billion, a PE ratio of 9.79 and a beta of 1.66.
Liberty Energy has a 52 week low of $16.57 and a 52 week high of $24.75.
The stock has a 50 day moving average price of $19.83 and a two-hundred day moving average price of $19.75.
The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 1.
23. Liberty Energy ( NYSE:LBRT – Get Free Report ) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.
10 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.06).
Liberty Energy had a net margin of 7.32% and a return on equity of 14.37%.
As a group, equities analysts anticipate that Liberty Energy will post 0.9 earnings per share for the current fiscal year. Liberty Energy Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th.
Shareholders of record on Thursday, March 6th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, March 6th.
This represents a $0.32 dividend on an annualized basis and a yield of 1.75%.
Liberty Energy’s dividend payout ratio is presently 17.11%. Liberty Energy Company Profile ( Get Free Report Liberty Energy Inc provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America.
The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics. Featured Stories Receive News & Ratings for Liberty Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Energy and related companies with MarketBeat.com's FREE daily email newsletter .
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