Liberty Energy Inc. (NYSE: LBRT) has a price-to-earnings ratio of 7.74x that is above its average ratio. Additionally, the 36-month beta value for LBRT is 2.15. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for LBRT is $21.86, which is $5.43 above the current price. The public float for LBRT is 167.06M and currently, short sellers hold a 3.34% ratio of that float. The average trading volume of LBRT on March 03, 2023 was 2.81M shares.
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LBRT) stock’s latest price update
Liberty Energy Inc. (NYSE: LBRT)’s stock price has increased by 3.86 compared to its previous closing price of 15.82. However, the company has experienced a 8.45% gain in its stock price over the last five trading sessions.
LBRT’s Market Performance
Liberty Energy Inc. (LBRT) has experienced a 8.45% rise in stock performance for the past week, with a 3.79% rise in the past month, and a 0.86% rise in the past quarter. The volatility ratio for the week is 4.37%, and the volatility levels for the past 30 days are at 4.47% for LBRT. The simple moving average for the last 20 days is 6.65% for LBRT stock, with a simple moving average of 9.95% for the last 200 days.
Analysts’ Opinion of LBRT
Many brokerage firms have already submitted their reports for LBRT stocks, with Citigroup repeating the rating for LBRT by listing it as a “Neutral.” The predicted price for LBRT in the upcoming period, according to Citigroup is $19 based on the research report published on January 17th of the current year 2023.
Wells Fargo, on the other hand, stated in their research note that they expect to see LBRT reach a price target of $24. The rating they have provided for LBRT stocks is “Overweight” according to the report published on October 26th, 2022.
RBC Capital Mkts gave a rating of “Outperform” to LBRT, setting the target price at $25 in the report published on July 27th of the previous year.
LBRT Trading at 6.32% 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 -18.05% of loss for the given period.
Volatility was left at 4.47%, however, over the last 30 days, the volatility rate increased by 4.37%, as shares surge +6.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.52% upper at present.
During the last 5 trading sessions, LBRT rose by +8.45%, which changed the moving average for the period of 200-days by +11.31% in comparison to the 20-day moving average, which settled at $15.45. In addition, Liberty Energy Inc. saw 2.62% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LBRT starting from Wright Christopher A, who sale 17,324 shares at the price of $16.09 back on Dec 02. After this action, Wright Christopher A now owns 3,120,015 shares of Liberty Energy Inc., valued at $278,743 using the latest closing price.
Wright Christopher A, the Chairman of the Board & CEO of Liberty Energy Inc., sale 50,000 shares at $16.31 during a trade that took place back on Dec 01, which means that Wright Christopher A is holding 3,137,339 shares at $815,500 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. Equity return is now at value 29.30, with 16.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.
Conclusion
In conclusion, Liberty Energy Inc. (LBRT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.