Scotiabank Estimates Liberty Energy FY2026 Earnings

Key Points

• Scotiabank expects Liberty Energy to earn $0.12 per share in FY2026 and forecasts a $0.03-per-share loss in FY2027. It maintains a “Sector Perform” rating and a $19 price target, below the broader consensus target of $27.54.
• Liberty Energy’s latest quarter exceeded expectations, with EPS of $0.09 versus the $0.08 consensus and revenue of $1.19 billion, up 14% year over year.
• The stock opened at $19.29, while analyst sentiment remains a “Moderate Buy” with eight Buy and six Hold ratings. The company pays a quarterly dividend of $0.09, equal to a 1.9% annualized yield.

Liberty Energy Inc. (NYSE:LBRT - Free Report) - Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Liberty Energy in a research report issued to clients and investors on Thursday, October 1st. Scotiabank analyst I. Rapp forecasts that the company will post earnings per share of $0.12 for the year. Scotiabank currently has a "Sector Perform" rating and a $19.00 target price on the stock. The consensus estimate for Liberty Energy's current full-year earnings is $0.31 per share. Scotiabank also issued estimates for Liberty Energy's FY2027 earnings at ($0.03) EPS.

Liberty Energy (NYSE:LBRT - Get Free Report) last released its earnings results on Wednesday, July 22nd. The company reported $0.09 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.01. Liberty Energy had a net margin of 2.92% and a return on equity of 1.14%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the prior year, the firm earned $0.12 earnings per share. The business's quarterly revenue was up 14.0% compared to the same quarter last year.

Several other equities research analysts have also recently issued reports on LBRT. Piper Sandler decreased their price objective on shares of Liberty Energy from $34.00 to $30.00 and set an "overweight" rating for the company in a research report on Thursday, August 27th. Wall Street Zen lowered Liberty Energy from a "hold" rating to a "sell" rating in a report on Saturday, August 1st. UBS Group cut their price target on Liberty Energy from $35.00 to $31.00 and set a "buy" rating on the stock in a research note on Wednesday. The Goldman Sachs Group set a $23.00 price target on Liberty Energy in a report on Friday, August 7th. Finally, Barclays raised Liberty Energy from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $23.00 to $27.00 in a research report on Monday, September 28th. Eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $27.54.

Liberty Energy Trading Down 0.1%

NYSE LBRT opened at $19.29 on Monday. Liberty Energy has a 52 week low of $11.52 and a 52 week high of $34.48. The firm has a 50 day moving average of $19.58 and a two-hundred day moving average of $25.42. The company has a quick ratio of 1.75, a current ratio of 1.99 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $3.15 billion, a PE ratio of 26.07, a price-to-earnings-growth ratio of 3.04 and a beta of 0.71.

Liberty Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, September 4th. Liberty Energy's dividend payout ratio is presently 48.65%.

Insider Buying and Selling

In other news, CFO Michael Stock sold 6,666 shares of Liberty Energy stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $19.84, for a total value of $132,253.44. Following the transaction, the chief financial officer directly owned 760,379 shares of the company's stock, valued at $15,085,919.36. The trade was a 0.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Arjun Murti bought 14,053 shares of the business's stock in a transaction dated Tuesday, July 28th. The stock was acquired at an average cost of $17.79 per share, for a total transaction of $250,002.87. Following the completion of the acquisition, the director directly owned 41,621 shares in the company, valued at approximately $740,437.59. This trade represents a 50.98% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Readystate Asset Management LP purchased a new position in shares of Liberty Energy in the 2nd quarter valued at approximately $5,660,000. Eventide Asset Management LLC purchased a new stake in shares of Liberty Energy during the fourth quarter worth approximately $36,394,000. Engineers Gate Manager LP acquired a new stake in shares of Liberty Energy during the second quarter worth $3,099,000. Arlington Capital Management Inc. acquired a new stake in shares of Liberty Energy during the second quarter worth $3,821,000. Finally, Clearline Capital LP acquired a new stake in shares of Liberty Energy during the fourth quarter worth $8,205,000. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Liberty Energy Company Profile

Liberty Energy Inc is an oilfield services company that provides hydraulic fracturing and related completion services to exploration and production companies. Its operations support the development of unconventional oil and natural gas wells, primarily in North America.

The company's services and technologies include pressure pumping, well stimulation, wireline services, proppant and logistics solutions, and digital tools designed to improve completion performance and operational efficiency.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.