Liberty Energy Inc [NYSE: LBRT] closed the trading session at $23.01.
The stocks have a year to date performance of 26.85 percent and weekly performance of 4.12 percent. The stock has been moved at 12.03 percent over the last six months. The stock has performed 14.94 percent around the most recent 30 days and changed 17.58 percent over the most recent 3-months.
If compared to the average trading volume of 2.93M shares, LBRT reached to a volume of 3448572 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $25.07 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 2.06. 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.
TD Cowen have made an estimate for Liberty Energy Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 19, 2024. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $20 to $17. The new note on the price target was released on April 18, 2023, representing the official price target for Liberty Energy Inc stock. Previously, the target price had yet another raise to $19, while Citigroup analysts kept a Neutral rating on LBRT stock.
The Average True Range (ATR) for Liberty Energy Inc is set at 0.77, with the Price to Sales ratio for LBRT stock in the period of the last 12 months amounting to 0.84. 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 0.14. Price to Free Cash Flow for LBRT in the course of the last twelve months was 10.77 with Quick ratio for the last quarter at 1.16.
LBRT stock trade performance evaluation
Liberty Energy Inc [LBRT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.12. With this latest performance, LBRT shares gained by 14.94% in over the last four-week period, additionally plugging by 12.03% over the last 6 months – not to mention a rise of 76.46% 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 63.53, with the RSI for the last a single of trading hit 66.43, and the three-weeks RSI is set at 61.74 for Liberty Energy Inc [LBRT]. The present Moving Average for the last 50 days of trading for this stock 21.40, while it was recorded at 22.62 for the last single week of trading, and 18.90 for the last 200 days.
Liberty Energy Inc [LBRT]: An insightful look at the core fundamentals
Liberty Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.16 and a Current Ratio set at 1.48.
Earnings per share (EPS) analysis for Liberty Energy Inc [LBRT] stock
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 -1.00%.
Liberty Energy Inc [LBRT]: Institutional Ownership
The top three institutional holders of LBRT stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in LBRT stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in LBRT stock with ownership which is approximately 5.8386%.
