In the preceding three months, 5 analysts have released ratings for Liberty Energy LBRT, presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 3 | 2 | 0 | 0 |
| Last 30D | 0 | 2 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $25.6, with a high estimate of $28.00 and a low estimate of $23.00. This current average has increased by 7.56% from the previous average price target of $23.80.
Deciphering Analyst Ratings: An In-Depth Analysis
A comprehensive examination of how financial experts perceive Liberty Energy is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| David Anderson | Barclays | Raises | Overweight | $27.00 | $25.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $26.00 | $24.00 |
| Chase Mulvehill | B of A Securities | Raises | Neutral | $23.00 | $20.00 |
| Connor Lynagh | Morgan Stanley | Raises | Equal-Weight | $24.00 | $23.00 |
| Luke Lemoine | Piper Sandler | Raises | Overweight | $28.00 | $27.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Liberty Energy. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Liberty Energy compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Liberty Energy's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Liberty Energy's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Liberty Energy analyst ratings.
Delving into Liberty Energy's Background
Liberty Energy is an oilfield services company that provides hydraulic fracturing services—mainly pressure pumping—in major basins throughout North America. Its 2020 acquisition of Schlumberger's OneStim business segment made Liberty one of the largest pressure pumpers in North America. It also added wireline operations, two Permian frac sand mines, and an expanded technological portfolio.
Liberty Energy: Financial Performance Dissected
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Liberty Energy's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -12.29%. This indicates a decrease in the company's top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Liberty Energy's net margin is impressive, surpassing industry averages. With a net margin of 8.59%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Liberty Energy's ROE stands out, surpassing industry averages. With an impressive ROE of 5.09%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Liberty Energy's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.02%, the company showcases efficient use of assets and strong financial health.
Debt Management: Liberty Energy's debt-to-equity ratio is below the industry average. With a ratio of 0.22, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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