Market Insights: Liberty Energy Inc (LBRT)’s Notable Gain of 1.46, Closing at 20.09

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

As of close of business last night, Liberty Energy Inc’s stock clocked out at $20.09, up 1.46% from its previous closing price of $19.80. In other words, the price has increased by $1.46 from its previous closing price. On the day, 4.25 million shares were traded. LBRT stock price reached its highest trading level at $20.55 during the session, while it also had its lowest trading level at $19.98.

Ratios:

To gain a deeper understanding of LBRT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 110.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.35. 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 July 19, 2024, Reiterated its Hold rating but revised its target price to $20 from $21 previously.

On May 29, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $24 to $32.

TD Cowen reiterated its Hold rating for the stock on April 19, 2024, while the target price for the stock was revised from $19 to $21.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 03 ’24 when Wright Christopher A sold 20,000 shares for $20.34 per share. The transaction valued at 406,800 led to the insider holds 2,618,813 shares of the business.

Wright Christopher A sold 20,000 shares of LBRT for $395,400 on Oct 02 ’24. The Chairman of the Board and CEO now owns 2,638,813 shares after completing the transaction at $19.77 per share. On Oct 01 ’24, another insider, Stock Michael, who serves as the Chief Financial Officer of the company, sold 15,000 shares for $19.23 each. As a result, the insider received 288,450 and left with 730,207 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 3321519872 and an Enterprise Value of 3758131712. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.02, and their Forward P/E ratio for the next fiscal year is 9.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 0.831 whereas that against EBITDA is 3.556.

Stock Price History:

Over the past 52 weeks, LBRT has reached a high of $24.75, while it has fallen to a 52-week low of $16.69. The 50-Day Moving Average of the stock is -0.13%, while the 200-Day Moving Average is calculated to be -3.78%.

Shares Statistics:

It appears that LBRT traded 2.02M shares on average per day over the past three months and 1612920 shares per day over the past ten days. A total of 166.61M shares are outstanding, with a floating share count of 159.71M. Insiders hold about 3.40% of the company’s shares, while institutions hold 103.11% stake in the company. Shares short for LBRT as of 1727654400 were 17872814 with a Short Ratio of 8.84, compared to 1724976000 on 17069896. Therefore, it implies a Short% of Shares Outstanding of 17872814 and a Short% of Float of 15.55.

Dividends & Splits

With its trailing 12-month dividend rate of 0.26, LBRT has a forward annual dividend rate of 0.28. Against a Trailing Annual Dividend Yield of 0.013131313

Most Popular