Liberty Energy (NYSE:LBRT) Upgraded by Seaport Res Ptn to Strong-Buy Rating

Seaport Res Ptn upgraded shares of Liberty Energy (NYSE:LBRT) from a hold rating to a strong-buy rating in a research 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 research firms also recently issued reports on LBRT. Atb Cap Markets upgraded shares of Liberty Energy from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 10th. Wells Fargo & Company dropped their price objective on shares of Liberty Energy from $25.00 to $24.00 and set an “overweight” rating on the stock in a report on Friday, October 18th. Citigroup downgraded Liberty Energy from a “buy” rating to a “neutral” rating and reduced their target price for the company from $25.00 to $19.00 in a research note on Friday, October 18th. Barclays decreased their target price 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. Finally, Evercore ISI raised Liberty Energy to a “strong-buy” rating in a research note on Thursday, October 17th. Five investment analysts have rated the stock with a hold rating, five have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Liberty Energy presently has an average rating of “Moderate Buy” and an average price target of $22.60.

Liberty Energy Stock Up 2.3 %

Shares of NYSE LBRT opened at $21.67 on Friday. Liberty Energy has a 52-week low of $16.57 and a 52-week high of $24.75. 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’s 50 day moving average price is $18.48 and its 200-day moving average price is $19.65. The company has a market capitalization of $3.54 billion, a P/E ratio of 10.32 and a beta of 1.66.

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 analysts’ consensus estimates of $0.55 by ($0.10). The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.14 billion. Liberty Energy had a return on equity of 18.50% and a net margin of 8.02%. The business’s revenue was down 6.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.85 earnings per share. Equities analysts forecast that Liberty Energy will post 1.72 earnings per share for the current year.

Liberty Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend was Friday, December 6th. This is an increase from Liberty Energy’s previous quarterly dividend of $0.07. Liberty Energy’s payout ratio is presently 15.24%.

Insider Activity at Liberty Energy

In other Liberty Energy news, CFO Michael Stock sold 20,000 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at $14,161,909.74. This trade represents a 2.86 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Christopher A. Wright sold 12,000 shares of the business’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $17.44, for a total value of $209,280.00. Following the completion of the sale, the chief executive officer now owns 2,606,813 shares in the company, valued at approximately $45,462,818.72. The trade was a 0.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 77,973 shares of company stock valued at $1,471,335. 3.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Liberty Energy

Large investors have recently added to or reduced their stakes in the company. Covestor Ltd grew its position in shares of Liberty Energy by 96.8% during the 3rd quarter. Covestor Ltd now owns 1,704 shares of the company’s stock valued at $33,000 after purchasing an additional 838 shares in the last quarter. Quarry LP boosted its stake in Liberty Energy by 237.5% during the third quarter. Quarry LP now owns 1,991 shares of the company’s stock valued at $38,000 after buying an additional 1,401 shares during the period. GAMMA Investing LLC grew its position in Liberty Energy by 82.1% during the third quarter. GAMMA Investing LLC now owns 3,174 shares of the company’s stock worth $61,000 after buying an additional 1,431 shares in the last quarter. US Bancorp DE increased its stake in Liberty Energy by 93.2% in the 3rd quarter. US Bancorp DE now owns 4,180 shares of the company’s stock worth $80,000 after acquiring an additional 2,016 shares during the last quarter. Finally, KBC Group NV raised its holdings in shares of Liberty Energy by 24.8% in 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 in 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.