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In the latest session, Liberty Energy Inc (NYSE: LBRT) closed at $17.54 down -2.07% from its previous closing price of $17.91. In other words, the price has decreased by -$2.07 from its previous closing price. On the day, 2.29 million shares were traded. LBRT stock price reached its highest trading level at $17.59 during the session, while it also had its lowest trading level at $17.205.
Ratios:
For a deeper understanding of Liberty Energy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 124.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 0.24 whereas as Long-Term Debt/Eq ratio is at 0.19.
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, Citigroup on October 18, 2024, Downgraded its rating to Neutral and sets its target price to $19 from $25 previously.
On July 19, 2024, TD Cowen reiterated its Hold rating and also upped its target price recommendation from $21 to $20.
Citigroup Upgraded its Neutral to Buy on May 29, 2024, whereas the target price for the stock was revised from $24 to $32.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2899923456 and an Enterprise Value of 3314371072. As of this moment, Liberty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.39, and their Forward P/E ratio for the next fiscal year is 12.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 0.745 whereas that against EBITDA is 3.362.
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 -10.82%, while the 200-Day Moving Average is calculated to be -15.96%.
Shares Statistics:
For the past three months, LBRT has traded an average of 2.09M shares per day and 3492060 over the past ten days. A total of 166.61M shares are outstanding, with a floating share count of 157.86M. Insiders hold about 3.40% of the company’s shares, while institutions hold 104.87% stake in the company. Shares short for LBRT as of 1728950400 were 16745576 with a Short Ratio of 8.00, compared to 1726185600 on 19735626. Therefore, it implies a Short% of Shares Outstanding of 16745576 and a Short% of Float of 14.819999000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for LBRT is 0.28, from 0.28 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015633725
