Liberty Energy (NYSE:LBRT) Upgraded to “Strong-Buy” at Seaport Res Ptn

Seaport Res Ptn upgraded shares of Liberty Energy (NYSE:LBRT) from a hold rating to a strong-buy rating in a report released 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 have also recently commented on the company. Barclays decreased their price target on Liberty Energy from $26.00 to $24.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Wells Fargo & Company lowered their target price on shares of Liberty Energy from $25.00 to $24.00 and set an “overweight” rating for the company in a research note on Friday, October 18th. Atb Cap Markets upgraded shares of Liberty Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 10th. Evercore ISI raised shares of Liberty Energy to a “strong-buy” rating in a report on Thursday, October 17th. Finally, Citigroup lowered shares of Liberty Energy from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $25.00 to $19.00 in a report on Friday, October 18th. Five research analysts have rated the stock with a hold rating, five have issued a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Liberty Energy presently has a consensus rating of “Moderate Buy” and an average target price of $22.30.

Liberty Energy Stock Up 1.5 %

NYSE:LBRT opened at $21.20 on Friday. The company’s 50-day simple moving average is $18.39 and its 200-day simple moving average is $19.64. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 1.23. Liberty Energy has a fifty-two week low of $16.57 and a fifty-two week high of $24.75. The stock has a market capitalization of $3.46 billion, a P/E ratio of 10.10 and a beta of 1.66.

Liberty Energy (NYSE:LBRT) last announced its 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). The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. Liberty Energy had a net margin of 8.02% and a return on equity of 18.50%. Liberty Energy’s revenue was down 6.4% on a year-over-year basis. During the same quarter last year, the business earned $0.85 earnings per share. On average, equities analysts anticipate that Liberty Energy will post 1.72 earnings per share for the current fiscal year.

Liberty Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were given a dividend of $0.08 per share. This is a boost from Liberty Energy’s previous quarterly dividend of $0.07. This represents a $0.32 annualized dividend and a yield of 1.51%. The ex-dividend date of this dividend was Friday, December 6th. Liberty Energy’s dividend payout ratio (DPR) is currently 15.24%.

Insider Transactions at Liberty Energy

In other news, CEO Christopher A. Wright sold 2,037 shares of the company’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $18.15, for a total transaction of $36,971.55. Following the completion of the sale, the chief executive officer now owns 2,578,813 shares of the company’s stock, valued at $46,805,455.95. This represents a 0.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Michael Stock sold 20,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $20.82, for a total transaction of $416,400.00. Following the completion of the transaction, the chief financial officer now directly owns 680,207 shares in the company, valued at approximately $14,161,909.74. This represents a 2.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 77,973 shares of company stock valued at $1,471,335 in the last ninety days. 3.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Liberty Energy

A number of hedge funds have recently bought and sold shares of LBRT. Creative Planning grew its position in shares of Liberty Energy by 3.7% in the third quarter. Creative Planning now owns 19,456 shares of the company’s stock valued at $371,000 after purchasing an additional 703 shares in the last quarter. Andina Capital Management LLC grew its holdings in Liberty Energy by 4.4% in the 3rd quarter. Andina Capital Management LLC now owns 19,413 shares of the company’s stock valued at $371,000 after buying an additional 814 shares in the last quarter. Covestor Ltd raised its holdings in shares of Liberty Energy by 96.8% during the 3rd quarter. Covestor Ltd now owns 1,704 shares of the company’s stock worth $33,000 after acquiring an additional 838 shares during the period. KBC Group NV boosted its position in shares of Liberty Energy by 24.8% during the 3rd quarter. KBC Group NV now owns 4,906 shares of the company’s stock valued at $94,000 after acquiring an additional 974 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its position in shares of Liberty Energy by 7.3% during the 3rd quarter. Prospera Financial Services Inc now owns 16,047 shares of the company’s stock valued at $306,000 after acquiring an additional 1,091 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

About Liberty Energy

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.