Liberty Energy Inc. (NYSE: LBRT) on May 19, 2023, started off the session at the price of $13.01, soaring 1.26% from the previous trading day. During the day, the shares moved up to $13.035 and dropped to $12.735 before settling in for the closing price of $12.74. Within the past 52 weeks, LBRT’s price has moved between $10.71 and $19.08.
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Annual sales at Energy sector company grew by 22.70% over the past five years. The company achieved an average annual earnings per share of 305.30%. With a float of $167.39 million, this company’s outstanding shares have now reached $176.57 million.
Let’s look at the performance matrix of the company that is accounted for 4580 employees. In terms of profitability, gross margin is +16.32, operating margin of +12.39, and the pretax margin is +9.63.
Liberty Energy Inc. (LBRT) Insider and Institutional Ownership
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Liberty Energy Inc. is 2.40%, while institutional ownership is 87.70%. The most recent insider transaction that took place on Dec 02, was worth 278,743. In this transaction Chairman of the Board & CEO of this company sold 17,324 shares at a rate of $16.09, taking the stock ownership to the 3,120,015 shares. Before that another transaction happened on Dec 01, when Company’s Chairman of the Board & CEO sold 50,000 for $16.31, making the entire transaction worth $815,500. This insider now owns 3,137,339 shares in total.
Liberty Energy Inc. (LBRT) Latest Financial update
As on 3/30/2023, Multinational firm has announced its last quarter scores, in which it reported $0.9 earnings per share (EPS) for the period topping the consensus outlook (set at $0.84) by $0.06. This company achieved a net margin of +9.63 while generating a return on equity of 29.51. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 305.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 24.70% during the next five years compared to 8.20% growth over the previous five years of trading.
Liberty Energy Inc. (NYSE: LBRT) Trading Performance Indicators
Liberty Energy Inc. (LBRT) is currently performing well based on its current performance indicators. A quick ratio of 1.20 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 10.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.05, a number that is poised to hit 0.97 in the next quarter and is forecasted to reach 3.21 in one year’s time.
Technical Analysis of Liberty Energy Inc. (LBRT)
Liberty Energy Inc. (NYSE: LBRT) saw its 5-day average volume 2.17 million, a negative change from its year-to-date volume of 2.99 million. As of the previous 9 days, the stock’s Stochastic %D was 86.94%. Additionally, its Average True Range was 0.52.
During the past 100 days, Liberty Energy Inc.’s (LBRT) raw stochastic average was set at 29.20%, which indicates a significant decrease from 90.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.87% in the past 14 days, which was lower than the 48.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.82, while its 200-day Moving Average is $14.65. Nevertheless, the first resistance level for the watch stands at $13.05 in the near term. At $13.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.35. If the price goes on to break the first support level at $12.74, it is likely to go to the next support level at $12.59. The third support level lies at $12.44 if the price breaches the second support level.
Liberty Energy Inc. (NYSE: LBRT) Key Stats
Market capitalization of the company is 2.23 billion based on 175,112K outstanding shares. Right now, sales total 4,149 M and income totals 399,600 K. The company made 1,262 M in profit during its latest quarter, and 162,660 K in sales during its previous quarter.
