Liberty Energy (NYSE:LBRT) Stock Rating Upgraded by Seaport Res Ptn

Liberty Energy (NYSE:LBRT) was upgraded by equities researchers at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating in a note issued to 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 analysts also recently issued reports on LBRT. Evercore ISI upgraded Liberty Energy to a “strong-buy” rating in a research report on Thursday, October 17th. Royal Bank of Canada lowered their price target on Liberty Energy from $26.00 to $23.00 and set an “outperform” rating for the company in a research report on Friday, October 18th. The Goldman Sachs Group assumed coverage on Liberty Energy in a research report on Friday, December 13th. They issued a “neutral” rating and a $19.00 price target for the company. Citigroup downgraded Liberty Energy from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $25.00 to $19.00 in a research report on Friday, October 18th. Finally, Barclays lowered their price target on Liberty Energy from $26.00 to $24.00 and set an “overweight” rating for the company in a research report on Wednesday, October 16th. Five research analysts have rated the stock with a hold rating, five have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $22.30.

Liberty Energy Trading Up 1.5 %

Shares of LBRT opened at $21.20 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.23 and a quick ratio of 0.97. The firm has a market cap of $3.46 billion, a P/E ratio of 10.10 and a beta of 1.66. Liberty Energy has a 1 year low of $16.57 and a 1 year high of $24.75. The company has a 50 day simple moving average of $18.39 and a two-hundred day simple moving average of $19.64.

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

Insider Activity

In other news, CEO Christopher A. Wright sold 12,000 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $17.44, for a total transaction of $209,280.00. Following the transaction, the chief executive officer now owns 2,606,813 shares in the company, valued at approximately $45,462,818.72. This trade represents a 0.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Michael Stock sold 5,000 shares of Liberty Energy stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $17.21, for a total value of $86,050.00. Following the completion of the transaction, the chief financial officer now owns 725,207 shares in the company, valued at $12,480,812.47. This trade represents a 0.68 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 77,973 shares of company stock worth $1,471,335. Company insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On Liberty Energy

Several institutional investors and hedge funds have recently added to or reduced their stakes in LBRT. Covestor Ltd grew its stake in Liberty Energy by 96.8% in the third quarter. Covestor Ltd now owns 1,704 shares of the company’s stock valued at $33,000 after purchasing an additional 838 shares during the last quarter. Quarry LP grew its stake in Liberty Energy by 237.5% in the third quarter. Quarry LP now owns 1,991 shares of the company’s stock valued at $38,000 after purchasing an additional 1,401 shares during the last quarter. GAMMA Investing LLC grew its stake in Liberty Energy by 82.1% in the third quarter. GAMMA Investing LLC now owns 3,174 shares of the company’s stock valued at $61,000 after purchasing an additional 1,431 shares during the last quarter. US Bancorp DE grew its stake in Liberty Energy by 93.2% in the third quarter. US Bancorp DE now owns 4,180 shares of the company’s stock valued at $80,000 after purchasing an additional 2,016 shares during the last quarter. Finally, KBC Group NV grew its stake in Liberty Energy by 24.8% in the third quarter. KBC Group NV now owns 4,906 shares of the company’s stock valued at $94,000 after purchasing an additional 974 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

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.