Liberty Oilfield Services Inc. [LBRT] Revenue clocked in at $965.80 million, up 12.12% YTD: What’s Next?

Liberty Oilfield Services Inc. [NYSE: LBRT] loss -2.78% or -0.33 points to close at $11.56 with a heavy trading volume of 6664968 shares. The company report on February 9, 2021 that Liberty Oilfield Services Inc. Announces Pricing of Offering of Class A Common Stock by Riverstone.

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Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced the pricing of an underwritten public offering of an aggregate of 8,700,000 shares of its Class A common stock by R/C Energy IV Direct Partnership, L.P. and R/C IV Liberty Holdings, L.P. (collectively, the “Selling Stockholders”), at $11.45 per share. Liberty will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom. The Selling Stockholders have granted the underwriter a 30-day option to purchase up to an additional 1,305,000 shares of Class A common stock.

Morgan Stanley is acting as the underwriter for the offering.

It opened the trading session at $11.97, the shares rose to $12.22 and dropped to $11.38, the range by which the price of stock traded the whole day. The daily chart for LBRT points out that the company has recorded 22.07% gains over the past six months. However, it is still -432.72% lower than its most recent low trading price.

If we look at the average trading volume of 1.09M shares, LBRT reached to a volume of 6664968 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $12.69 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 2.70. 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.

BofA Securities have made an estimate for Liberty Oilfield Services Inc. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on February 08, 2021. The new note on the price target was released on January 27, 2021, representing the official price target for Liberty Oilfield Services Inc. stock.

The Average True Range (ATR) for Liberty Oilfield Services Inc. is set at 0.84, with the Price to Sales ratio for LBRT stock in the period of the last 12 months amounting to 2.21. The Price to Book ratio for the last quarter was 0.92, with the Price to Cash per share for the same quarter was set at 0.37.

Trading performance analysis for LBRT stock

Liberty Oilfield Services Inc. [LBRT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.15. With this latest performance, LBRT shares gained by 11.48% in over the last four-week period, additionally plugging by 22.07% over the last 6 months – not to mention a rise of 318.84% 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 43.87, with the RSI for the last a single of trading hit 38.94, and the three-weeks RSI is set at 46.63 for Liberty Oilfield Services Inc. [LBRT]. The present Moving Average for the last 50 days of trading for this stock 12.22, while it was recorded at 12.25 for the last single week of trading, and 8.96 for the last 200 days.

Liberty Oilfield Services Inc. [LBRT]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Liberty Oilfield Services Inc. [LBRT] shares currently have an operating margin of -14.93 and a Gross Margin at -7.48. Liberty Oilfield Services Inc.’s Net Margin is presently recorded at -11.97.

Return on Total Capital for LBRT is now -11.49, given the latest momentum, and Return on Invested Capital for the company is -11.33. Return on Equity for this stock declined to -13.55, with Return on Assets sitting at -7.01. 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 18.39. Additionally, LBRT Total Debt to Total Capital is recorded at 15.53, with Total Debt to Total Assets ending up at 10.82. Long-Term Debt to Equity for the company is recorded at 14.53, with the Long-Term Debt to Total Capital now at 12.27.

Reflecting on the efficiency of the workforce at the company, Liberty Oilfield Services Inc. [LBRT] managed to generate an average of -$59,395 per employee. Receivables Turnover for the company is 3.41 with a Total Asset Turnover recorded at a value of 0.59.Liberty Oilfield Services Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.60.

Liberty Oilfield Services Inc. [LBRT]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Liberty Oilfield Services Inc. posted 0.03/share EPS, while the average EPS was predicted by analysts to be reported at -0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 150.00%. 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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Liberty Oilfield Services Inc. go to 15.10%.

An analysis of insider ownership at Liberty Oilfield Services Inc. [LBRT]

There are presently around $1,428 million, or 48.10% of LBRT stock, in the hands of institutional investors. The top three institutional holders of LBRT stocks are: CARLYLE GROUP INC. with ownership of 28,304,996, which is approximately -16.884% of the company’s market cap and around 4.40% of the total institutional ownership; RIVERSTONE HOLDINGS LLC, holding 28,304,996 shares of the stock with an approximate value of $327.21 million in LBRT stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $170.9 million in LBRT stock with ownership of nearly -2.334% 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 February and at the time of the February reporting period, where 73 institutional holders increased their position in Liberty Oilfield Services Inc. [NYSE:LBRT] by around 12,238,346 shares. Additionally, 56 investors decreased positions by around 14,562,266 shares, while 16 investors held positions by with 96,717,230 shares. The mentioned changes placed institutional holdings at 123,517,842 shares, according to the latest SEC report filing. LBRT stock had 23 new institutional investments in for a total of 1,536,208 shares, while 20 institutional investors sold positions of 1,066,870 shares during the same period.

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