Liberty Energy Inc. Expected to Earn FY2025 Earnings of $3.36 Per Share (NYSE:LBRT)

Liberty Energy Inc. (NYSE:LBRTFree Report) – Equities researchers at Seaport Res Ptn issued their FY2025 earnings estimates for Liberty Energy in a report released on Tuesday, March 19th. Seaport Res Ptn analyst T. Curran expects that the company will post earnings per share of $3.36 for the year. The consensus estimate for Liberty Energy’s current full-year earnings is $2.78 per share.

Liberty Energy (NYSE:LBRTGet Free Report) last released its quarterly earnings results on Wednesday, January 24th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.03). Liberty Energy had a return on equity of 32.28% and a net margin of 11.72%. The business had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the firm posted $0.82 EPS. The company’s revenue was down 12.3% compared to the same quarter last year.

Other analysts have also issued reports about the company. Citigroup lowered their price objective on Liberty Energy from $22.00 to $20.00 and set a “neutral” rating for the company in a report on Thursday, December 14th. Morgan Stanley boosted their price objective on Liberty Energy from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Monday, January 29th. Piper Sandler increased their target price on Liberty Energy from $27.00 to $28.00 and gave the stock an “overweight” rating in a research report on Friday, January 26th. Finally, Wells Fargo & Company reduced their target price on shares of Liberty Energy from $25.00 to $24.00 and set an “overweight” rating for the company in a research note on Thursday, December 21st. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $23.75.

Check Out Our Latest Analysis on Liberty Energy

Liberty Energy Stock Performance

Liberty Energy stock opened at $20.49 on Thursday. The stock has a 50 day moving average of $20.06 and a 200-day moving average of $19.17. The stock has a market cap of $3.41 billion, a P/E ratio of 6.48, a price-to-earnings-growth ratio of 0.95 and a beta of 1.86. Liberty Energy has a 52 week low of $11.18 and a 52 week high of $22.16. The company has a current ratio of 1.49, a quick ratio of 1.17 and a debt-to-equity ratio of 0.15.

Institutional Trading of Liberty Energy

A number of hedge funds have recently made changes to their positions in the stock. EdgeRock Capital LLC acquired a new stake in shares of Liberty Energy in the 4th quarter valued at $27,000. Principal Securities Inc. bought a new position in shares of Liberty Energy in the fourth quarter worth about $39,000. Quadrant Capital Group LLC boosted its stake in Liberty Energy by 70.8% during the 4th quarter. Quadrant Capital Group LLC now owns 2,909 shares of the company’s stock valued at $53,000 after purchasing an additional 1,206 shares during the period. KBC Group NV acquired a new stake in Liberty Energy in the 4th quarter valued at approximately $55,000. Finally, West Tower Group LLC acquired a new position in Liberty Energy during the 4th quarter valued at $56,000. 91.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Ryan T. Gosney sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $20.50, for a total transaction of $123,000.00. Following the completion of the transaction, the chief accounting officer now owns 140,706 shares in the company, valued at approximately $2,884,473. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Liberty Energy news, CAO Ryan T. Gosney sold 6,000 shares of the company’s stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $20.50, for a total transaction of $123,000.00. Following the completion of the sale, the chief accounting officer now directly owns 140,706 shares of the company’s stock, valued at $2,884,473. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Christopher A. Wright sold 20,000 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $20.27, for a total transaction of $405,400.00. Following the completion of the transaction, the chief executive officer now owns 2,830,402 shares of the company’s stock, valued at $57,372,248.54. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 58,459 shares of company stock worth $1,206,891. 3.60% of the stock is owned by company insiders.

Liberty Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, March 6th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.28 annualized dividend and a yield of 1.37%. Liberty Energy’s payout ratio is 8.86%.

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.

Further Reading

Earnings History and Estimates for Liberty Energy (NYSE:LBRT)

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