Analysts Set Expectations for Liberty Energy Q1 Earnings

Liberty Energy Inc. (NYSE:LBRT) – Research analysts at Zacks Research reduced their Q1 2027 earnings estimates for shares of Liberty Energy in a research note issued to investors on Wednesday, September 9th. Zacks Research analyst Team now expects that the company will post earnings per share of ($0.03) for the quarter, down from their prior forecast of ($0.01). Zacks Research has a “Hold” rating on the stock. The consensus estimate for Liberty Energy’s current full-year earnings is $0.33 per share. Zacks Research also issued estimates for Liberty Energy’s Q4 2027 earnings at $0.04 EPS, FY2027 earnings at $0.06 EPS, Q1 2028 earnings at $0.02 EPS, Q2 2028 earnings at $0.03 EPS and FY2028 earnings at $0.11 EPS.

Liberty Energy (NYSE:LBRT) last issued its earnings results on Wednesday, July 22nd. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.09 billion. Liberty Energy had a net margin of 2.92% and a return on equity of 1.14%. The company’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period last year, the company posted $0.12 earnings per share.

Several other analysts also recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Liberty Energy in a report on Wednesday, July 29th. Stifel Nicolaus dropped their target price on shares of Liberty Energy from $37.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Piper Sandler cut their target price on shares of Liberty Energy from $34.00 to $30.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. The Goldman Sachs Group set a $23.00 price target on shares of Liberty Energy in a report on Friday, August 7th. Finally, Wall Street Zen cut shares of Liberty Energy from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $30.00.

Liberty Energy Price Performance

LBRT opened at $20.82 on Friday. Liberty Energy has a 12-month low of $10.68 and a 12-month high of $34.48. The company has a current ratio of 1.99, a quick ratio of 1.75 and a debt-to-equity ratio of 0.74. The business’s fifty day simple moving average is $21.07 and its 200-day simple moving average is $26.48. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 28.13, a PEG ratio of 3.22 and a beta of 0.61.

Institutional Trading of Liberty Energy

A number of hedge funds have recently modified their holdings of the stock. Arlington Capital Management Inc. acquired a new stake in shares of Liberty Energy during the 2nd quarter worth approximately $3,821,000. Engineers Gate Manager LP acquired a new stake in shares of Liberty Energy during the 2nd quarter valued at about $3,099,000. Squarepoint Ops LLC grew its position in shares of Liberty Energy by 23.8% during the 2nd quarter. Squarepoint Ops LLC now owns 1,051,488 shares of the company’s stock valued at $27,538,000 after acquiring an additional 201,839 shares during the period. Nykredit A S purchased a new position in shares of Liberty Energy in the 2nd quarter valued at about $171,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Liberty Energy in the 2nd quarter worth about $534,000. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Insider Buying and Selling at Liberty Energy

In related news, Director Arjun Murti acquired 14,053 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was purchased at an average cost of $17.79 per share, with a total value of $250,002.87. Following the transaction, the director directly owned 41,621 shares of the company’s stock, valued at $740,437.59. This trade represents a 50.98% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Michael Stock sold 9,999 shares of Liberty Energy stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $25.89, for a total value of $258,874.11. Following the sale, the chief financial officer directly owned 773,711 shares of the company’s stock, valued at approximately $20,031,377.79. This represents a 1.28% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 19,998 shares of company stock worth $450,955. 2.00% of the stock is owned by company insiders.

Liberty Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be given a $0.09 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.7%. Liberty Energy’s dividend payout ratio (DPR) is presently 48.65%.

Liberty Energy Company Profile

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. As of as of December 31, 2023, the company owned and operated a fleet of approximately 40 active hydraulic fracturing; and two sand mines in the Permian Basin.