Liberty Energy Inc. (NYSE:LBRT - Free Report) - Equities researchers at Zacks Research reduced their FY2026 EPS estimates for shares of Liberty Energy in a research note issued on Wednesday, May 7th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.72 per share for the year, down from their previous forecast of $1.01. The consensus estimate for Liberty Energy's current full-year earnings is $0.58 per share. Zacks Research also issued estimates for Liberty Energy's FY2027 earnings at $1.47 EPS.
Liberty Energy (NYSE:LBRT - Get Free Report) last released its quarterly earnings results on Wednesday, April 16th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01. Liberty Energy had a net margin of 7.32% and a return on equity of 14.28%. The firm had revenue of $977.46 million during the quarter, compared to the consensus estimate of $960.64 million. During the same quarter in the prior year, the firm earned $0.48 EPS.
LBRT has been the subject of a number of other research reports. The Goldman Sachs Group cut their price objective on shares of Liberty Energy from $19.00 to $14.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Barclays cut their price target on shares of Liberty Energy from $17.00 to $16.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Cowen reiterated a "hold" rating on shares of Liberty Energy in a report on Monday, April 21st. Morgan Stanley cut their price target on shares of Liberty Energy from $25.00 to $20.00 and set an "overweight" rating for the company in a report on Friday. Finally, Wells Fargo & Company reissued an "equal weight" rating and issued a $11.00 price objective (down from $20.00) on shares of Liberty Energy in a research note on Tuesday, April 8th. Seven investment analysts have rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $17.55.
Read Our Latest Research Report on LBRT
Liberty Energy Stock Performance
Liberty Energy stock traded up $0.03 during trading hours on Monday, reaching $12.24. 2,840,644 shares of the stock were exchanged, compared to its average volume of 2,782,302. The stock has a market cap of $1.98 billion, a P/E ratio of 6.54 and a beta of 0.71. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.97 and a current ratio of 1.27. Liberty Energy has a 52-week low of $9.50 and a 52-week high of $24.75. The firm's 50 day moving average is $12.80 and its 200 day moving average is $16.61.
Institutional Trading of Liberty Energy
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Harbour Capital Advisors LLC acquired a new position in Liberty Energy in the fourth quarter worth $498,000. Principal Financial Group Inc. boosted its holdings in Liberty Energy by 2.8% in the fourth quarter. Principal Financial Group Inc. now owns 897,040 shares of the company's stock worth $17,842,000 after purchasing an additional 24,825 shares during the period. Raymond James Financial Inc. acquired a new position in Liberty Energy in the fourth quarter worth $6,792,000. Barclays PLC boosted its holdings in Liberty Energy by 197.9% in the third quarter. Barclays PLC now owns 286,661 shares of the company's stock worth $5,471,000 after purchasing an additional 190,445 shares during the period. Finally, Miller Howard Investments Inc. NY boosted its holdings in Liberty Energy by 315.8% in the fourth quarter. Miller Howard Investments Inc. NY now owns 133,169 shares of the company's stock worth $2,649,000 after purchasing an additional 101,144 shares during the period. Institutional investors own 98.22% of the company's stock.
Liberty Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.61%. Liberty Energy's dividend payout ratio (DPR) is presently 21.19%.
About Liberty Energy
(
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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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