Cracking The Code: Understanding Analyst Reviews For Liberty Energy
Liberty Energy (NYSE:LBRT) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 2 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $26.0, a high estimate of $32.00, and a low estimate of $21.00. Marking an increase of 7.71%, the current average surpasses the previous average price target of $24.14.
Interpreting Analyst Ratings: A Closer Look
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 |
|---|---|---|---|---|---|
| Luke Lemoine | Piper Sandler | Lowers | Overweight | $25.00 | $28.00 |
| Scott Gruber | Citigroup | Raises | Buy | $32.00 | $24.00 |
| Connor Lynagh | Morgan Stanley | Maintains | Equal-Weight | $24.00 | $24.00 |
| Derek Podhaizer | Barclays | Raises | Overweight | $27.00 | $25.00 |
| Marc Bianchi | TD Cowen | Raises | Hold | $21.00 | $19.00 |
| Keith Mackey | RBC Capital | Raises | Outperform | $27.00 | $25.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $26.00 | $24.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Liberty Energy. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Liberty Energy compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Liberty Energy's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Liberty Energy's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Liberty Energy analyst ratings.
Discovering Liberty Energy: A Closer Look
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.
Unraveling the Financial Story of Liberty Energy
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Liberty Energy's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -14.97% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Liberty Energy's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.63% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Liberty Energy's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.4%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Liberty Energy's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.67% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.24.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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.