Liberty Energy Inc (LBRT) concluded trading on 01/11/24 at a closing price of $17.10, with 2.68 million shares of worth about $45.83 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.33% during that period and on Thursday the price saw a loss of about -0.23%. Currently the company’s common shares owned by public are about 178.75M shares, out of which, 162.65M shares are available for trading.
Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $27.00 and could fall to a lowest price of $19.00. The stock’s current price level is 27.45% above of average price target set by the analysts, while a rise to estimated low would result in gain of 10.0% for the stock. However, touching the estimated high of $27.00 would mean a gain of 36.67% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 48 times over the past 12 months. They bought 726,266 shares in 9 of the transactions. In 39 selling transactions, insiders dumped 1,072,845 shares.
Liberty Energy Inc (NYSE: LBRT) started trading at $17.18, above $0.04 from concluding price of the previous day. However, the stock later moved at a day high price of 17.22, or with a loss of -0.23%. Stock saw a price change of -5.21% in past 5 days and over the past one month there was a price change of -3.99%. Year-to-date (YTD), LBRT shares are showing a performance of -5.73% which increased to 5.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $11.18 but also hit the highest price of $21.25 during that period. The average intraday trading volume for Liberty Energy Inc shares is 2.81 million. The stock is currently trading -6.28% below its 20-day simple moving average (SMA20), while that difference is down -9.55% for SMA50 and it goes to 5.92% higher than SMA200.
Liberty Energy Inc (NYSE: LBRT) currently have 178.75M outstanding shares and institutions hold larger chunk of about 98.76% of that.
The stock has a current market capitalization of $2.88B and its 3Y-monthly beta is at 1.89. PE ratio of stock for trailing 12 months is 4.97, while it has posted earnings per share of $3.44 in the same period. Its PEG reads 0.40 and has Quick Ratio of 1.08 while making debt-to-equity ratio of 0.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LBRT, volatility over the week remained 3.17% while standing at 2.93% over the month.
Stock’s fiscal year EPS is expected to rise by 46.11% while it is estimated to decrease by -4.77% in next year. EPS is likely to grow at an annualized rate of 12.50% for next 5-years, compared to annual growth of -2.57% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on April 18, 2023 offering an Equal-weight rating for the stock and assigned a target price range of between $20 and $17 to it.
