Liberty Energy Inc (LBRT) concluded trading on Thursday at a closing price of $18.68, with 3.45 million shares of worth about $64.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.16% during that period and on September 26, 2024 the price saw a loss of about -5.80%. Currently the company’s common shares owned by public are about 166.61M shares, out of which, 159.66M shares are available for trading.
Stock saw a price change of -11.39% in past 5 days and over the past one month there was a price change of -8.74%. Year-to-date (YTD), LBRT shares are showing a performance of 2.98% which increased to 5.30% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.33 but also hit the highest price of $24.75 during that period. The average intraday trading volume for Liberty Energy Inc shares is 2.09 million. The stock is currently trading -6.54% below its 20-day simple moving average (SMA20), while that difference is down -9.92% for SMA50 and it goes to -10.00% lower than SMA200.
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Liberty Energy Inc (NYSE: LBRT) currently have 166.61M outstanding shares and institutions hold larger chunk of about 102.78% of that.
The stock has a current market capitalization of $3.09B and its 3Y-monthly beta is at 1.70. PE ratio of stock for trailing 12 months is 7.45, while it has posted earnings per share of $2.51 in the same period. It has Quick Ratio of 1.07 while making debt-to-equity ratio of 0.24. 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 4.32% while standing at 3.47% over the month.
Stock’s fiscal year EPS is expected to drop by -30.18% while it is estimated to increase by 13.52% in next year. EPS is likely to shrink at an annualized rate of -5.20% for next 5-years, compared to annual growth of 11.79% 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 TD Cowen on July 19, 2024 offering a Hold rating for the stock and assigned a target price range of between $21 and $20 to it. Coverage by Citigroup stated Liberty Energy Inc (LBRT) stock as a Buy in their note to investors on May 29, 2024, suggesting a price target of $32 for the stock. On April 19, 2024, TD Cowen Reiterated their recommendations, while on April 18, 2023, Morgan Stanley Downgrade their ratings for the stock with a price target of $17. Stock get a Neutral rating from Citigroup on January 17, 2023.
