Liberty Energy (NYSE:LBRT) Given New $21.00 Price Target at TD Cowen

Liberty Energy (NYSE:LBRT) had its target price upped by TD Cowen from $19.00 to $21.00 in a research report report published on Friday, MarketBeat.com reports. They currently have a hold rating on the stock.

Several other research analysts have also weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Liberty Energy from a “neutral” rating to an “overweight” rating and set a $24.00 price objective on the stock in a report on Wednesday, December 10th. Stifel Nicolaus lifted their price target on shares of Liberty Energy from $19.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Zacks Research raised shares of Liberty Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, December 15th. UBS Group reaffirmed a “buy” rating on shares of Liberty Energy in a research report on Tuesday, January 6th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Liberty Energy in a research report on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Liberty Energy presently has a consensus rating of “Hold” and an average target price of $21.73.

Liberty Energy Price Performance

LBRT stock opened at $24.67 on Friday. Liberty Energy has a 52-week low of $9.50 and a 52-week high of $27.21. The stock’s fifty day simple moving average is $19.43 and its 200-day simple moving average is $15.27. The company has a quick ratio of 1.05, a current ratio of 1.22 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 27.72 and a beta of 0.45.

Liberty Energy (NYSE:LBRT) last released its earnings results on Wednesday, January 28th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.21. Liberty Energy had a return on equity of 1.24% and a net margin of 3.69%.The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $880.59 million. During the same period in the prior year, the firm posted $0.10 earnings per share. The business’s quarterly revenue was up 10.1% compared to the same quarter last year. Equities research analysts expect that Liberty Energy will post 0.58 EPS for the current year.

Liberty Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th will be given a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.36 annualized dividend and a yield of 1.5%. Liberty Energy’s dividend payout ratio (DPR) is 40.45%.

Institutional Investors Weigh In On Liberty Energy

Large investors have recently modified their holdings of the stock. New York State Teachers Retirement System lifted its position in Liberty Energy by 50.3% during the 4th quarter. New York State Teachers Retirement System now owns 80,700 shares of the company’s stock worth $1,490,000 after acquiring an additional 27,000 shares in the last quarter. Pekin Hardy Strauss Inc. purchased a new stake in shares of Liberty Energy during the fourth quarter valued at approximately $629,000. Values First Advisors Inc. acquired a new position in shares of Liberty Energy during the fourth quarter worth $211,000. Pictet Asset Management Holding SA lifted its position in shares of Liberty Energy by 11.3% during the fourth quarter. Pictet Asset Management Holding SA now owns 27,680 shares of the company’s stock worth $511,000 after purchasing an additional 2,821 shares in the last quarter. Finally, UBS Group AG boosted its stake in shares of Liberty Energy by 20.3% in the fourth quarter. UBS Group AG now owns 790,706 shares of the company’s stock valued at $14,596,000 after purchasing an additional 133,167 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Key Liberty Energy News

Here are the key news stories impacting Liberty Energy this week:

• Positive Sentiment: Q4 results topped expectations — EPS of $0.05 (vs. -$0.16 est.) and revenue of ~$1.04B, with revenue +10% YoY and expanding power deals that broaden Liberty’s energy‑infrastructure platform. Read More.
• Positive Sentiment: Company announced plans to deploy ~3 GW of power by 2029 to meet accelerating data‑center demand — a material growth target that supports forward revenue potential if projects are executed. Read More.
• Positive Sentiment: Market reaction: upbeat outlook and the Q4 beat pushed LBRT to an all‑time high earlier, signaling strong investor appetite on the news. Read More.
• Positive Sentiment: Technical momentum improved — Liberty showed rising relative price strength, which can attract momentum and quant funds. Read More.
• Neutral Sentiment: Management commentary and the full earnings‑call transcript provide more detail on execution and pipeline; useful for assessing how realistic the 3 GW plan and margin outlook are. Read More.
• Negative Sentiment: TD Cowen raised its price target to $21 from $19 but kept a “hold” rating — that target sits below the current market price, implying limited analyst‑driven upside and possibly encouraging some investors to take profits. Read More.

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. 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.