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

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.

Several other equities research analysts have also commented on the company. Stifel Nicolaus decreased their price target on Liberty Energy from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday. Wells Fargo & Company cut 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. The Goldman Sachs Group began coverage on shares of Liberty Energy in a research report on Friday, December 13th. They set a “neutral” rating and a $19.00 price target for the company. Evercore ISI raised shares of Liberty Energy to a “strong-buy” rating in a research note on Thursday, October 17th. Finally, Atb Cap Markets upgraded Liberty Energy from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 10th. Five research analysts have rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating to the company’s stock. According to MarketBeat, Liberty Energy currently has an average rating of “Moderate Buy” and an average target price of $22.30.

Liberty Energy Stock Up 1.5 %

Shares of LBRT opened at $21.20 on Friday. The stock has a market capitalization of $3.46 billion, a PE ratio of 10.10 and a beta of 1.66. Liberty Energy has a 1 year low of $16.57 and a 1 year 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 simple moving average is $18.39 and its 200-day simple moving average is $19.64.

Liberty Energy (NYSE:LBRT) last announced its quarterly earnings data on Wednesday, October 16th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.10). Liberty Energy had a net margin of 8.02% and a return on equity of 18.50%. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the previous year, the business posted $0.85 EPS. The business’s quarterly revenue was down 6.4% compared to the same quarter last year. Analysts forecast that Liberty Energy will post 1.72 earnings per share for the current fiscal year.

Liberty Energy Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.51%. This is an increase from Liberty Energy’s previous quarterly dividend of $0.07. The ex-dividend date was Friday, December 6th. Liberty Energy’s payout ratio is presently 15.24%.

Insider Buying and Selling at Liberty Energy

In other news, CFO Michael Stock sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $18.45, for a total value of $92,250.00. Following the completion of the transaction, the chief financial officer now directly owns 720,207 shares in the company, valued at approximately $13,287,819.15. This trade represents a 0.69 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Christopher A. Wright sold 12,000 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 2,606,813 shares of the company’s stock, valued at $45,462,818.72. The trade was a 0.46 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 77,973 shares of company stock valued at $1,471,335 in the last three months. Corporate insiders own 3.60% of the company’s stock.

Institutional Trading of Liberty Energy

A number of large investors have recently made changes to their positions in LBRT. Covestor Ltd increased its stake in 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 raised its holdings in Liberty Energy by 237.5% in the 3rd quarter. Quarry LP now owns 1,991 shares of the company’s stock worth $38,000 after purchasing an additional 1,401 shares during the period. GAMMA Investing LLC grew its holdings in Liberty Energy by 82.1% in the third quarter. GAMMA Investing LLC now owns 3,174 shares of the company’s stock valued at $61,000 after purchasing an additional 1,431 shares during the period. US Bancorp DE grew 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 valued at $80,000 after acquiring an additional 2,016 shares during the period. Finally, KBC Group NV raised its position in Liberty Energy by 24.8% during the third quarter. KBC Group NV now owns 4,906 shares of the company’s stock worth $94,000 after acquiring an additional 974 shares during the period. 98.22% of the stock is currently owned by institutional investors.

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.