Liberty Oilfield Services Inc. [LBRT] stock Downgrade by Scotiabank analyst, price target now $8

Liberty Oilfield Services Inc. [NYSE: LBRT] price surged by 8.31 percent to reach at $0.85. The company report on November 20, 2020 that SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of NAV, LBRT, TNAV, and EMIS Buyouts.

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Rigrodsky & Long, P.A. announces that it is investigating:.

Navistar International Corporation (NYSE: NAV) regarding possible breaches of fiduciary duties and other violations of law related to Navistar’s agreement to be acquired by TRATON SE. Under the terms of the agreement, Navistar’s shareholders will receive $44.50 in cash per share. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-navistar-international-corporation.

A sum of 1068969 shares traded at recent session while its average daily volume was at 977.32K shares. Liberty Oilfield Services Inc. shares reached a high of $11.17 and dropped to a low of $10.51 until finishing in the latest session at $11.08.

The one-year LBRT stock forecast points to a potential downside of -18.63. The average equity rating for LBRT stock is currently 2.50, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Liberty Oilfield Services Inc. [LBRT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LBRT shares is $9.34 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LBRT stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Scotiabank have made an estimate for Liberty Oilfield Services Inc. shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on October 13, 2020. The new note on the price target was released on October 13, 2020, representing the official price target for Liberty Oilfield Services Inc. stock. Previously, the target price had yet another raise from $3 to $10, while Barclays kept a Overweight rating on LBRT stock.

The Average True Range (ATR) for Liberty Oilfield Services Inc. is set at 0.69, with the Price to Sales ratio for LBRT stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 1.85, with the Price to Cash per share for the same quarter was set at 0.81.

LBRT Stock Performance Analysis:

Liberty Oilfield Services Inc. [LBRT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.57. With this latest performance, LBRT shares gained by 63.91% in over the last four-week period, additionally plugging by 51.16% over the last 6 months – not to mention a rise of 28.39% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LBRT stock in for the last two-week period is set at 66.64, with the RSI for the last a single of trading hit 69.54, and the three-weeks RSI is set at 64.65 for Liberty Oilfield Services Inc. [LBRT]. The present Moving Average for the last 50 days of trading for this stock 8.44, while it was recorded at 10.21 for the last single week of trading, and 6.22 for the last 200 days.

Insight into Liberty Oilfield Services Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Liberty Oilfield Services Inc. [LBRT] shares currently have an operating margin of +5.56 and a Gross Margin at +10.24. Liberty Oilfield Services Inc.’s Net Margin is presently recorded at +1.96.

Return on Total Capital for LBRT is now 12.06, given the latest momentum, and Return on Invested Capital for the company is 6.18. Return on Equity for this stock inclined to 7.90, with Return on Assets sitting at 3.17. When it comes to the capital structure of this company, Liberty Oilfield Services Inc. [LBRT] has a Total Debt to Total Equity ratio set at 37.35. Additionally, LBRT Total Debt to Total Capital is recorded at 27.19, with Total Debt to Total Assets ending up at 15.43. Long-Term Debt to Equity for the company is recorded at 30.15, with the Long-Term Debt to Total Capital now at 21.95.

Reflecting on the efficiency of the workforce at the company, Liberty Oilfield Services Inc. [LBRT] managed to generate an average of $15,170 per employee. Receivables Turnover for the company is 7.95 with a Total Asset Turnover recorded at a value of 1.62.Liberty Oilfield Services Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 2.00.

LBRT Stock EPS

With the latest financial reports released by the company, Liberty Oilfield Services Inc. posted -0.1/share EPS, while the average EPS was predicted by analysts to be reported at -0.05/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -100.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LBRT.

Liberty Oilfield Services Inc. [LBRT] Insider Position Details

There are presently around $1,394 million, or 78.70% of LBRT stock, in the hands of institutional investors. The top three institutional holders of LBRT stocks are: CARLYLE GROUP INC. with ownership of 34,054,996, which is approximately 0% of the company’s market cap and around 0.20% of the total institutional ownership; RIVERSTONE HOLDINGS LLC, holding 34,054,996 shares of the stock with an approximate value of $377.33 million in LBRT stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $167.72 million in LBRT stock with ownership of nearly 0.715% of the company’s market capitalization.

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Positions in Liberty Oilfield Services Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 54 institutional holders increased their position in Liberty Oilfield Services Inc. [NYSE:LBRT] by around 7,119,943 shares. Additionally, 55 investors decreased positions by around 3,017,703 shares, while 25 investors held positions by with 115,709,578 shares. The mentioned changes placed institutional holdings at 125,847,224 shares, according to the latest SEC report filing. LBRT stock had 23 new institutional investments in for a total of 4,172,749 shares, while 11 institutional investors sold positions of 484,816 shares during the same period.

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