Analysts Set Expectations for Liberty Energy Q1 Earnings

Liberty Energy Inc. (NYSE:LBRT) – Zacks Research cut their Q1 2027 earnings per share (EPS) estimates for shares of Liberty Energy in a report issued 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 previous estimate 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 released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.09 billion. Liberty Energy had a return on equity of 1.14% and a net margin of 2.92%.The company’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period last year, the business posted $0.12 EPS.

LBRT has been the subject of several other reports. Wall Street Zen lowered shares of Liberty Energy from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Piper Sandler cut their price objective on shares of Liberty Energy from $34.00 to $30.00 and set an “overweight” rating for the company in a research report on Thursday, August 27th. The Goldman Sachs Group set a $23.00 price objective on Liberty Energy in a research note on Friday, August 7th. Stifel Nicolaus decreased their target price on Liberty Energy from $37.00 to $36.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, Morgan Stanley set a $32.00 target price on Liberty Energy in a report on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Liberty Energy has an average rating of “Moderate Buy” and a consensus price target of $30.00.

Liberty Energy Price Performance

NYSE LBRT opened at $20.82 on Friday. Liberty Energy has a 52 week low of $10.68 and a 52 week high of $34.48. The firm has a market capitalization of $3.40 billion, a P/E ratio of 28.13, a PEG ratio of 3.22 and a beta of 0.61. The company has a quick ratio of 1.75, a current ratio of 1.99 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average price of $21.07 and a 200-day moving average price of $26.48.

Institutional Investors Weigh In On Liberty Energy

Several institutional investors and hedge funds have recently modified their holdings of LBRT. UBS Group AG grew its holdings in Liberty Energy by 20.3% during the 4th 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 last quarter. Situational Awareness LP bought a new stake in Liberty Energy in the fourth quarter worth about $10,471,000. Eventide Asset Management LLC purchased a new position in shares of Liberty Energy during the fourth quarter valued at approximately $36,394,000. Legato Capital Management LLC purchased a new position in shares of Liberty Energy during the fourth quarter valued at approximately $842,000. Finally, Van Den Berg Management I Inc. bought a new position in shares of Liberty Energy during the fourth quarter valued at approximately $704,000. Institutional investors own 98.22% of the company’s stock.

Insider Activity

In related news, CFO Michael Stock sold 9,999 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $25.89, for a total value of $258,874.11. Following the transaction, the chief financial officer directly owned 773,711 shares of the company’s stock, valued at approximately $20,031,377.79. The trade was a 1.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Arjun N. Murti purchased 14,053 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was acquired at an average price of $17.79 per share, with a total value of $250,002.87. Following the completion of the purchase, the director directly owned 41,621 shares in the company, valued at $740,437.59. This trade represents a 50.98% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold 19,998 shares of company stock worth $450,955 over the last 90 days. Company insiders own 2.00% of the company’s stock.

Liberty Energy Announces Dividend

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