Liberty Energy Inc [NYSE: LBRT] gained 1.46% or 0.29 points to close at $20.09 with a heavy trading volume of 4249739 shares.
The daily chart for LBRT points out that the company has recorded -6.64% loss over the past six months.
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If we look at the average trading volume of 2.02M shares, LBRT reached to a volume of 4249739 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 $23.58 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 2.00. 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 July 19, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $24 to $32. The new note on the price target was released on May 29, 2024, representing the official price target for Liberty Energy Inc stock. Previously, the target price had yet another raise from $19 to $21, while TD Cowen kept a Hold rating on LBRT stock. On April 18, 2023, analysts decreased their price target for LBRT shares from 20 to 17.
The Average True Range (ATR) for Liberty Energy Inc is set at 0.72, with the Price to Sales ratio for LBRT stock in the period of the last 12 months amounting to 0.73. The Price to Book ratio for the last quarter was 1.71, with the Price to Cash per share for the same quarter was set at 0.18. Price to Free Cash Flow for LBRT in the course of the last twelve months was 8.61 with Quick ratio for the last quarter at 1.07.
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 -0.20. With this latest performance, LBRT shares dropped by -3.27% in over the last four-week period, additionally sinking by -6.64% over the last 6 months – not to mention a rise of 5.63% 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 49.46, with the RSI for the last a single of trading hit 49.26, and the three-weeks RSI is set at 49.11 for Liberty Energy Inc [LBRT]. The present Moving Average for the last 50 days of trading for this stock 20.12, while it was recorded at 20.19 for the last single week of trading, and 20.88 for the last 200 days.
Liberty Energy Inc [LBRT]: A deeper dive into fundamental analysis
Liberty Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.07 and a Current Ratio set at 1.35.
Liberty Energy Inc [LBRT]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Liberty Energy Inc posted 0.84/share EPS, while the average EPS was predicted by analysts to be reported at 0.75/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.09. 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 -5.20%.
An analysis of Institutional ownership at Liberty Energy Inc [LBRT]
There are presently around $103.85%, or 107.33%% of LBRT stock, in the hands of institutional investors. The top three institutional holders of LBRT stocks are: BLACKROCK INC. with ownership of 25.27 million shares, which is approximately 15.2046%. VANGUARD GROUP INC, holding 17.25 million shares of the stock with an approximate value of $$360.36 million in LBRT stocks shares; and VANGUARD GROUP INC, currently with $$323.28 million in LBRT stock with ownership which is approximately 9.3106%.
