why Liberty Energy Inc. [LBRT] is a Good Choice for Investors After New Price Target of $20.42

Liberty Energy Inc. [NYSE: LBRT] loss -1.64% on the last trading session, reaching $14.38 price per share at the time. The company report on September 6, 2022 that Liberty Announces Investment in Natron Energy.


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Liberty Energy Inc. (NYSE: LBRT) announced today an investment in Natron Energy, a global leader in the manufacturing of sodium-ion batteries. Liberty and Natron will collaborate to introduce sodium-ion batteries as an energy storage solution to provide uninterruptible backup power for Liberty’s digiFrac™ electric frac pumps. Liberty’s digiFrac is the industry’s first purpose-built, fully integrated electric frac pump with high power density and significantly lower emissions compared to the best available frac pump technology in the market. Natron’s sodium-ion batteries are expected to be used to maximize uptime and optimize generator utilization ensuring the lowest possible emissions footprint for onsite power generation.

Natron plans to use the funds to accelerate the production of its sodium-based battery technology, including industrial power and energy markets. Natron’s Prussian blue sodium-ion technology offers higher power density, longer service life, and unique safety characteristics over other battery technologies. These qualities are crucial for the safe and successful deployment in pressure pumping applications with highly variable power load requirements. Natron leverages existing lithium-ion manufacturing facilities for production, and its supply chain requires zero lithium, cobalt, copper, nickel, or other minerals that are difficult to source.

Liberty Energy Inc. represents 186.72 million in outstanding shares, while the company has a total market value of $2.56 billion with the latest information. LBRT stock price has been found in the range of $14.28 to $14.775.

If compared to the average trading volume of 3.37M shares, LBRT reached a trading volume of 2758480 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 Energy Inc. [LBRT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LBRT shares is $20.42 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 2.30. 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.

RBC Capital Mkts have made an estimate for Liberty Energy Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 27, 2022. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $14 to $15. The new note on the price target was released on March 31, 2022, representing the official price target for Liberty Energy Inc. stock.

The Average True Range (ATR) for Liberty Energy Inc. is set at 0.80, with the Price to Sales ratio for LBRT stock in the period of the last 12 months amounting to 0.83. The Price to Book ratio for the last quarter was 2.02, with the Price to Cash per share for the same quarter was set at 0.23.

Trading performance analysis for LBRT stock

Liberty Energy Inc. [LBRT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.13. With this latest performance, LBRT shares gained by 8.69% in over the last four-week period, additionally plugging by 2.06% over the last 6 months – not to mention a rise of 43.66% 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 49.04, with the RSI for the last a single of trading hit 45.22, and the three-weeks RSI is set at 50.33 for Liberty Energy Inc. [LBRT]. The present Moving Average for the last 50 days of trading for this stock 13.54, while it was recorded at 14.50 for the last single week of trading, and 13.44 for the last 200 days.

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

Operating Margin for any stock indicates how profitable investing would be, and Liberty Energy Inc. [LBRT] shares currently have an operating margin of -6.58 and a Gross Margin at -1.70. Liberty Energy Inc.’s Net Margin is presently recorded at -7.25.

Return on Equity for this stock declined to -15.17, with Return on Assets sitting at -8.97.

Liberty Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.40.

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

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 Energy Inc. go to 15.10%.

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

There are presently around $2,207 million, or 92.00% of LBRT stock, in the hands of institutional investors. The top three institutional holders of LBRT stocks are: FMR LLC with ownership of 28,027,045, which is approximately 1.705% of the company’s market cap and around 3.00% of the total institutional ownership; VANGUARD GROUP INC, holding 14,140,964 shares of the stock with an approximate value of $203.35 million in LBRT stocks shares; and PRICE T ROWE ASSOCIATES INC /MD/, currently with $194.91 million in LBRT stock with ownership of nearly 5.732% of the company’s market capitalization.

Positions in Liberty Energy Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 149 institutional holders increased their position in Liberty Energy Inc. [NYSE:LBRT] by around 36,017,206 shares. Additionally, 61 investors decreased positions by around 18,902,328 shares, while 15 investors held positions by with 98,525,886 shares. The mentioned changes placed institutional holdings at 153,445,420 shares, according to the latest SEC report filing. LBRT stock had 62 new institutional investments in for a total of 9,470,636 shares, while 17 institutional investors sold positions of 13,206,951 shares during the same period.

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