Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Liberty Energy Inc (NYSE: LBRT) was $22.10 for the day, up 2.70% from the previous closing price of $21.52. In other words, the price has increased by $2.70 from its previous closing price. On the day, 4.56 million shares were traded. LBRT stock price reached its highest trading level at $23.31 during the session, while it also had its lowest trading level at $21.87.
Ratios:
Our analysis of LBRT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 154.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on April 18, 2023, Downgraded its rating to Equal-Weight and sets its target price to $17 from $20 previously.
On January 17, 2023, Citigroup Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $19.
Wells Fargo Upgraded its Equal Weight to Overweight on October 26, 2022, while the target price for the stock was maintained at $24.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 04 ’24 when Wright Christopher A sold 20,000 shares for $22.66 per share. The transaction valued at 453,200 led to the insider holds 2,858,814 shares of the business.
Wright Christopher A sold 20,000 shares of LBRT for $449,800 on Apr 03 ’24. The Chairman of the Board and CEO now owns 2,878,814 shares after completing the transaction at $22.49 per share. On Apr 01 ’24, another insider, Stock Michael, who serves as the Chief Financial Officer of the company, sold 20,000 shares for $20.87 each. As a result, the insider received 417,320 and left with 806,056 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LBRT now has a Market Capitalization of 3670522880 and an Enterprise Value of 4099425536. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.08, and their Forward P/E ratio for the next fiscal year is 6.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 0.899 whereas that against EBITDA is 3.807.
Stock Price History:
Over the past 52 weeks, LBRT has reached a high of $23.23, while it has fallen to a 52-week low of $11.62. The 50-Day Moving Average of the stock is 5.12%, while the 200-Day Moving Average is calculated to be 18.50%.
Shares Statistics:
LBRT traded an average of 2.98M shares per day over the past three months and 2519560 shares per day over the past ten days. A total of 166.61M shares are outstanding, with a floating share count of 159.98M. Insiders hold about 3.68% of the company’s shares, while institutions hold 100.17% stake in the company. Shares short for LBRT as of 1711584000 were 19897047 with a Short Ratio of 6.68, compared to 1709164800 on 13423494. Therefore, it implies a Short% of Shares Outstanding of 19897047 and a Short% of Float of 17.2.
Dividends & Splits
With its trailing 12-month dividend rate of 0.17, LBRT has a forward annual dividend rate of 0.24.
Earnings Estimates
The company has Liberty Energy Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $12.36, with high estimates of $0.02 and low estimates of $16.62.
Analysts are recommending an EPS of between $Consumer Defensive and $Real Estate for the fiscal current year, implying an average EPS of $Real Estate.
