Liberty Energy Inc (NYSE: LBRT) has a higher price-to-earnings ratio of 5.70x compared to its average ratio, and the 36-month beta value for LBRT is at 2.00. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 as “hold,” and 0 as “sell.”
The average price suggested by analysts for LBRT is $24.39, which is $4.76 above the current market price. The public float for LBRT is 162.72M, and currently, shorts hold a 6.96% of that float. The average trading volume for LBRT on November 16, 2023 was 3.55M shares.
LBRT) stock’s latest price update
The stock of Liberty Energy Inc (NYSE: LBRT) has decreased by -1.31 when compared to last closing price of 19.89. Despite this, the company has experienced a 3.48% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-10 that DELL, LBRT and HEES made it to the Zacks Rank #1 (Strong Buy) growth stocks list on November 10, 2023.
LBRT’s Market Performance
LBRT’s stock has risen by 3.48% in the past week, with a monthly rise of 0.51% and a quarterly rise of 22.69%. The volatility ratio for the week is 3.00% while the volatility levels for the last 30 days are 3.29% for Liberty Energy Inc The simple moving average for the last 20 days is -0.94% for LBRT stock, with a simple moving average of 27.50% for the last 200 days.
Analysts’ Opinion of LBRT
Many brokerage firms have already submitted their reports for LBRT stocks, with Morgan Stanley repeating the rating for LBRT by listing it as a “Equal-Weight.” The predicted price for LBRT in the upcoming period, according to Morgan Stanley is $17 based on the research report published on April 18, 2023 of the current year 2023.
LBRT Trading at 4.68% from the 50-Day Moving Average
After a stumble in the market that brought LBRT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.60% of loss for the given period.
Volatility was left at 3.29%, however, over the last 30 days, the volatility rate increased by 3.00%, as shares surge +0.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.73% upper at present.
During the last 5 trading sessions, LBRT rose by +3.48%, which changed the moving average for the period of 200-days by +24.01% in comparison to the 20-day moving average, which settled at $19.82. In addition, Liberty Energy Inc saw 22.61% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at LBRT starting from Wright Christopher A, who sale 585 shares at the price of $19.00 back on Nov 08. After this action, Wright Christopher A now owns 2,889,397 shares of Liberty Energy Inc, valued at $11,115 using the latest closing price.
Wright Christopher A, the Chairman of the Board & CEO of Liberty Energy Inc, sale 25,126 shares at $19.07 during a trade that took place back on Nov 07, which means that Wright Christopher A is holding 2,889,982 shares at $479,153 based on the most recent closing price.
Stock Fundamentals for LBRT
Current profitability levels for the company are sitting at:
- +12.39 for the present operating margin
- +16.32 for the gross margin
The net margin for Liberty Energy Inc stands at +9.63. The total capital return value is set at 30.97, while invested capital returns managed to touch 24.82. Equity return is now at value 38.63, with 21.97 for asset returns.
Based on Liberty Energy Inc (LBRT), the company’s capital structure generated 23.34 points at debt to equity in total, while total debt to capital is 18.92. Total debt to assets is 13.55, with long-term debt to equity ratio resting at 20.68. Finally, the long-term debt to capital ratio is 16.77.
When we switch over and look at the enterprise to sales, we see a ratio of 0.75, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 8.35 and the total asset turnover is 1.80. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
In conclusion, Liberty Energy Inc (LBRT) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.