Zacks Research Predicts Reduced Earnings for Liberty Energy

Key Points

• Zacks Research has downgraded its earnings per share estimate for Liberty Energy for FY2025 from $0.15 to $0.08, with the current consensus estimate at $0.58.
• Multiple investment firms have adjusted their price targets for Liberty Energy, with JPMorgan lowering theirs from $16.00 to $13.00 and Stifel Nicolaus cutting theirs from $20.00 to $19.00.
• Liberty Energy recently declared a quarterly dividend of $0.08 per share, representing an annualized yield of 2.6%.

Liberty Energy Inc. (NYSE:LBRT - Free Report) - Stock analysts at Zacks Research dropped their FY2025 earnings per share estimates for Liberty Energy in a research note issued on Wednesday, September 24th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.08 for the year, down from their previous estimate of $0.15. 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 Q4 2026 earnings at $0.07 EPS.

Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. dropped their price objective on shares of Liberty Energy from $16.00 to $13.00 and set a "neutral" rating on the stock in a report on Wednesday, May 28th. Stifel Nicolaus dropped their price objective on shares of Liberty Energy from $20.00 to $19.00 and set a "buy" rating on the stock in a report on Monday, July 28th. Wells Fargo & Company boosted their price objective on shares of Liberty Energy from $11.00 to $12.00 and gave the stock an "equal weight" rating in a report on Thursday, June 5th. Wall Street Zen downgraded shares of Liberty Energy from a "hold" rating to a "sell" rating in a report on Saturday, September 20th. Finally, Barclays lowered their target price on shares of Liberty Energy from $16.00 to $14.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 29th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $15.05.

Liberty Energy Stock Performance

NYSE:LBRT opened at $12.52 on Thursday. The firm's 50-day moving average is $11.37 and its 200-day moving average is $12.15. Liberty Energy has a 52-week low of $9.50 and a 52-week high of $23.58. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.91 and a current ratio of 1.16. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 9.63 and a beta of 0.63.

Liberty Energy (NYSE:LBRT - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.02). Liberty Energy had a return on equity of 6.01% and a net margin of 5.29%.The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the firm posted $0.64 EPS. The business's revenue for the quarter was down 10.1% compared to the same quarter last year.

Liberty Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 18th. Investors of record on Thursday, September 4th were paid a $0.08 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $0.32 dividend on an annualized basis and a yield of 2.6%. Liberty Energy's payout ratio is presently 24.62%.

Institutional Trading of Liberty Energy

Several large investors have recently added to or reduced their stakes in LBRT. Sourcerock Group LLC bought a new stake in Liberty Energy during the second quarter worth about $23,653,000. Vanguard Group Inc. lifted its position in shares of Liberty Energy by 6.5% during the first quarter. Vanguard Group Inc. now owns 18,443,909 shares of the company's stock worth $291,967,000 after purchasing an additional 1,128,491 shares in the last quarter. Bridgeway Capital Management LLC lifted its position in shares of Liberty Energy by 285.9% during the second quarter. Bridgeway Capital Management LLC now owns 1,114,559 shares of the company's stock worth $12,795,000 after purchasing an additional 825,759 shares in the last quarter. Callodine Capital Management LP lifted its position in shares of Liberty Energy by 203.3% during the second quarter. Callodine Capital Management LP now owns 1,057,000 shares of the company's stock worth $12,134,000 after purchasing an additional 708,453 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in shares of Liberty Energy by 10.6% during the second quarter. American Century Companies Inc. now owns 6,093,383 shares of the company's stock worth $69,952,000 after purchasing an additional 584,774 shares in the last quarter. 98.22% of the stock is owned by institutional investors.

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.

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