Seaport Res Ptn Predicts Liberty Energy FY2027 Earnings

Key Points

• Seaport Res Ptn predicts Liberty Energy will achieve earnings of $0.22 per share in FY2027, a significant decrease compared to the current estimate of $0.58 per share.
• The company's recent earnings report revealed a loss of ($0.06) per share, missing analyst expectations by ($0.05), with revenues declining 16.8% year-over-year.
• Liberty Energy plans to increase its quarterly dividend to $0.09 per share, reflecting a 2.3% yield and a payout ratio of 28.57%.

Liberty Energy Inc. (NYSE:LBRT - Free Report) - Equities research analysts at Seaport Res Ptn issued their FY2027 earnings per share estimates for shares of Liberty Energy in a research report issued to clients and investors on Monday, October 20th. Seaport Res Ptn analyst T. Curran anticipates that the company will post earnings of $0.22 per share for the year. The consensus estimate for Liberty Energy's current full-year earnings is $0.58 per share.

Liberty Energy (NYSE:LBRT - Get Free Report) last released its earnings results on Thursday, October 16th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.05). The firm had revenue of $947.40 million during the quarter, compared to analyst estimates of $967.05 million. Liberty Energy had a net margin of 4.76% and a return on equity of 1.69%. The business's revenue was down 16.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.45 earnings per share.

Several other research firms also recently weighed in on LBRT. Royal Bank Of Canada lifted their target price on Liberty Energy from $13.00 to $15.00 and gave the company a "sector perform" rating in a research report on Monday. Barclays lifted their price objective on Liberty Energy from $12.00 to $14.00 and gave the company an "equal weight" rating in a research note on Tuesday. Weiss Ratings reiterated a "hold (c-)" rating on shares of Liberty Energy in a research note on Wednesday, October 8th. Piper Sandler set a $16.00 price objective on Liberty Energy and gave the company a "neutral" rating in a research note on Monday. Finally, Stifel Nicolaus decreased their price objective on Liberty Energy from $20.00 to $19.00 and set a "buy" rating for the company in a research note on Monday, July 28th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Liberty Energy presently has a consensus rating of "Moderate Buy" and a consensus target price of $16.10.

Liberty Energy Stock Performance

NYSE LBRT opened at $15.92 on Wednesday. The company has a market cap of $2.58 billion, a P/E ratio of 14.21 and a beta of 0.74. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.32 and a quick ratio of 1.05. The stock has a 50-day moving average of $11.81 and a two-hundred day moving average of $11.91. Liberty Energy has a 1-year low of $9.50 and a 1-year high of $23.58.

Institutional Investors Weigh In On Liberty Energy

Institutional investors have recently added to or reduced their stakes in the business. Wellington Shields Capital Management LLC purchased a new stake in Liberty Energy during the second quarter worth approximately $29,000. Smartleaf Asset Management LLC lifted its stake in Liberty Energy by 213.7% during the second quarter. Smartleaf Asset Management LLC now owns 3,607 shares of the company's stock worth $42,000 after purchasing an additional 2,457 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Liberty Energy during the second quarter worth approximately $48,000. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Liberty Energy during the first quarter worth approximately $50,000. Finally, GAMMA Investing LLC increased its position in Liberty Energy by 281.1% during the second quarter. GAMMA Investing LLC now owns 4,329 shares of the company's stock worth $50,000 after buying an additional 3,193 shares during the period. Hedge funds and other institutional investors own 98.22% of the company's stock.

Liberty Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be paid a dividend of $0.09 per share. The ex-dividend date is Thursday, December 4th. This is a positive change from Liberty Energy's previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a yield of 2.3%. Liberty Energy's dividend payout ratio (DPR) is presently 28.57%.

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.

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