Liberty Energy (NYSE:LBRT) Raised to Strong-Buy at Seaport Res Ptn

Liberty Energy (NYSE:LBRT) was upgraded by Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Sunday,Zacks.com reports. Seaport Res Ptn also issued estimates for Liberty Energy’s Q1 2025 earnings at $0.30 EPS, Q2 2025 earnings at $0.33 EPS, Q3 2025 earnings at $0.45 EPS and FY2025 earnings at $1.55 EPS.

A number of other equities research analysts also recently commented on LBRT. Stifel Nicolaus decreased their target price on Liberty Energy from $25.00 to $23.00 and set a “buy” rating for the company in a report on Monday. Atb Cap Markets raised Liberty Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. The Goldman Sachs Group started coverage on Liberty Energy in a report on Friday, December 13th. They set a “neutral” rating and a $19.00 target price for the company. Evercore ISI raised Liberty Energy to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Citigroup downgraded Liberty Energy from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $25.00 to $19.00 in a report on Friday, October 18th. Five equities research analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $22.30.

Liberty Energy Price Performance

Shares of NYSE LBRT opened at $21.20 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 1.23. The company has a market cap of $3.46 billion, a PE ratio of 10.10 and a beta of 1.66. The business has a 50-day simple moving average of $18.39 and a two-hundred day simple moving average of $19.64. Liberty Energy has a fifty-two week low of $16.57 and a fifty-two week high of $24.75.

Liberty Energy (NYSE:LBRT) last issued its quarterly earnings results on Wednesday, October 16th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.10). Liberty Energy had a return on equity of 18.50% and a net margin of 8.02%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the prior year, the business posted $0.85 EPS. Liberty Energy’s revenue was down 6.4% compared to the same quarter last year. As a group, equities analysts expect that Liberty Energy will post 1.72 EPS for the current fiscal year.

Insider Activity

In other news, CFO Michael Stock sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $20.82, for a total value of $416,400.00. Following the completion of the sale, the chief financial officer now directly owns 680,207 shares in the company, valued at $14,161,909.74. The trade was a 2.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Christopher A. Wright sold 2,936 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $19.16, for a total value of $56,253.76. Following the completion of the sale, the chief executive officer now owns 2,543,877 shares of the company’s stock, valued at $48,740,683.32. This trade represents a 0.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 77,973 shares of company stock worth $1,471,335 over the last three months. 3.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Liberty Energy

Large investors have recently made changes to their positions in the company. Empowered Funds LLC increased its position in shares of Liberty Energy by 45.1% during the third quarter. Empowered Funds LLC now owns 495,578 shares of the company’s stock worth $9,461,000 after purchasing an additional 154,070 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Liberty Energy by 4.5% during the third quarter. Principal Financial Group Inc. now owns 872,215 shares of the company’s stock worth $16,651,000 after purchasing an additional 37,927 shares in the last quarter. Quest Partners LLC increased its position in shares of Liberty Energy by 168.2% during the third quarter. Quest Partners LLC now owns 62,979 shares of the company’s stock worth $1,202,000 after purchasing an additional 39,497 shares in the last quarter. Impala Asset Management LLC increased its position in shares of Liberty Energy by 89.2% during the third quarter. Impala Asset Management LLC now owns 350,000 shares of the company’s stock worth $6,682,000 after purchasing an additional 165,000 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Liberty Energy by 8.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,237,247 shares of the company’s stock worth $42,709,000 after purchasing an additional 166,443 shares in the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Liberty Energy Company Profile

Liberty Energy Inc provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics.