Zacks Research Lowers Earnings Estimates for Liberty Energy

Liberty Energy Inc. (NYSE:LBRT) – Stock analysts at Zacks Research cut their FY2025 earnings per share estimates for Liberty Energy in a report released on Tuesday, May 27th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $0.36 per share for the year, down from their prior estimate of $0.40. 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 FY2027 earnings at $1.12 EPS.

Several other research analysts have also recently commented on LBRT. Wells Fargo & Company reissued an “equal weight” rating and set a $11.00 target price (down from $20.00) on shares of Liberty Energy in a research note on Tuesday, April 8th. TD Cowen boosted their target price on Liberty Energy from $10.00 to $13.00 and gave the stock a “hold” rating in a research note on Monday, April 21st. Stifel Nicolaus lowered their target price on Liberty Energy from $23.00 to $22.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Barclays lowered their target price on Liberty Energy from $17.00 to $16.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd. Finally, The Goldman Sachs Group lowered their target price on Liberty Energy from $19.00 to $14.00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Eight research analysts have rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $17.14.

Liberty Energy Trading Down 3.7%

Shares of NYSE LBRT opened at $11.59 on Friday. Liberty Energy has a twelve month low of $9.50 and a twelve month high of $24.75. The stock has a market capitalization of $1.88 billion, a PE ratio of 6.20 and a beta of 0.71. The company has a current ratio of 1.27, a quick ratio of 0.97 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $12.21 and a 200-day simple moving average of $16.21.

Liberty Energy (NYSE:LBRT) last issued its quarterly earnings data on Wednesday, April 16th. The company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. Liberty Energy had a return on equity of 14.28% and a net margin of 7.32%. The business had revenue of $977.46 million during the quarter, compared to analysts’ expectations of $960.64 million. During the same period in the previous year, the firm posted $0.48 earnings per share.

Liberty Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.32 annualized dividend and a dividend yield of 2.76%. Liberty Energy’s dividend payout ratio is currently 21.19%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Liberty Energy by 6.5% during the 1st quarter. Vanguard Group Inc. now owns 18,443,909 shares of the company’s stock worth $291,967,000 after acquiring an additional 1,128,491 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Liberty Energy by 6.4% during the 1st quarter. American Century Companies Inc. now owns 5,508,609 shares of the company’s stock worth $87,201,000 after acquiring an additional 330,520 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Liberty Energy by 83.5% during the 4th quarter. Franklin Resources Inc. now owns 4,828,712 shares of the company’s stock worth $96,043,000 after acquiring an additional 2,197,352 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Liberty Energy by 3.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,507,658 shares of the company’s stock worth $39,696,000 after acquiring an additional 73,792 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Liberty Energy by 13.5% during the 1st quarter. The Manufacturers Life Insurance Company now owns 2,438,018 shares of the company’s stock worth $38,593,000 after acquiring an additional 290,320 shares in the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

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.