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 $21.03 for the day, down -4.41% from the previous closing price of $22.00. In other words, the price has decreased by -$4.41 from its previous closing price. On the day, 2.67 million shares were traded. LBRT stock price reached its highest trading level at $22.09 during the session, while it also had its lowest trading level at $20.91.
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 146.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.84. 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 this company, TD Cowen on April 19, 2024, Reiterated its Hold rating but revised its target price to $21 from $19 previously.
On April 18, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $20 to $17.
Citigroup Downgraded its Buy to Neutral on January 17, 2023, while the target price for the stock was maintained at $19.
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 May 01 ’24 when Stock Michael sold 20,000 shares for $21.83 per share. The transaction valued at 436,596 led to the insider holds 825,209 shares of the business.
Gusek Ron sold 42,397 shares of LBRT for $962,539 on Apr 30 ’24. The President now owns 1,170,862 shares after completing the transaction at $22.70 per share. On Apr 29 ’24, another insider, Gusek Ron, who serves as the President of the company, sold 50,000 shares for $22.99 each. As a result, the insider received 1,149,470 and left with 1,213,259 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 3504691712 and an Enterprise Value of 3928328192. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.69, and their Forward P/E ratio for the next fiscal year is 6.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 0.862 whereas that against EBITDA is 3.591.
Stock Price History:
The Beta on a monthly basis for LBRT is 1.84, which has changed by 0.78220344 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, LBRT has reached a high of $23.31, while it has fallen to a 52-week low of $11.62. The 50-Day Moving Average of the stock is -2.32%, while the 200-Day Moving Average is calculated to be 10.63%.
Shares Statistics:
LBRT traded an average of 2.76M shares per day over the past three months and 2896540 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 99.82% stake in the company. Shares short for LBRT as of 1713139200 were 16371541 with a Short Ratio of 5.94, compared to 1710460800 on 16746074. Therefore, it implies a Short% of Shares Outstanding of 16371541 and a Short% of Float of 14.09.
Dividends & Splits
With its trailing 12-month dividend rate of 0.24, LBRT has a forward annual dividend rate of 0.24. Against a Trailing Annual Dividend Yield of 0.010909091
Earnings Estimates
The company has 8.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.75 and a low estimate of $0.59, while EPS last year was $0.85. The consensus estimate for the next quarter is $0.75, with high estimates of $0.89 and low estimates of $0.61.
Analysts are recommending an EPS of between $2.9 and $2.3 for the fiscal current year, implying an average EPS of $2.57. EPS for the following year is $3.26, with 8.0 analysts recommending between $3.88 and $2.95.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $1.21B to a low estimate of $1.11B. As of the current estimate, Liberty Energy Inc’s year-ago sales were $1.27BFor the next quarter, 11 analysts are estimating revenue of $1.24B. There is a high estimate of $1.32B for the next quarter, whereas the lowest estimate is $1.13B.
A total of 13 analysts have provided revenue estimates for LBRT’s current fiscal year. The highest revenue estimate was $4.86B, while the lowest revenue estimate was $4.42B, resulting in an average revenue estimate of $4.67B. In the same quarter a year ago, actual revenue was $4.75BBased on 13 analysts’ estimates, the company’s revenue will be $4.98B in the next fiscal year. The high estimate is $5.3B and the low estimate is $4.65B.
