Liberty Oilfield Services Inc (NYSE:LBRT) – Equities research analysts at Capital One Financial dropped their Q4 2019 earnings estimates for Liberty Oilfield Services in a report issued on Wednesday, February 6th. Capital One Financial analyst L. Lemoine now anticipates that the company will earn $0.21 per share for the quarter, down from their prior estimate of $0.22.

Several other research firms have also recently weighed in on LBRT. Zacks Investment Research upgraded Liberty Oilfield Services from a “sell” rating to a “hold” rating in a research note on Tuesday, October 16th. ValuEngine cut Liberty Oilfield Services from a “sell” rating to a “strong sell” rating in a research note on Friday, November 23rd. Cowen restated a “market perform” rating and set a $16.00 target price (down from $18.00) on shares of Liberty Oilfield Services in a research note on Thursday. Finally, Citigroup cut Liberty Oilfield Services from a “buy” rating to a “neutral” rating and set a $19.00 target price for the company. in a research note on Tuesday, October 23rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. Liberty Oilfield Services has a consensus rating of “Hold” and a consensus price target of $24.50.

NYSE LBRT opened at $15.32 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.45 and a quick ratio of 2.18. Liberty Oilfield Services has a fifty-two week low of $12.32 and a fifty-two week high of $23.90. The firm has a market cap of $1.86 billion and a price-to-earnings ratio of 8.46.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 20th. Stockholders of record on Wednesday, March 6th will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, March 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.31%. Liberty Oilfield Services’s dividend payout ratio (DPR) is presently 11.05%.

In other news, Director Energy Part Riverstone/Carlyle sold 76,471 shares of the company’s stock in a transaction on Wednesday, January 30th. The shares were sold at an average price of $17.00, for a total transaction of $1,300,007.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Several large investors have recently made changes to their positions in LBRT. BlackRock Inc. increased its holdings in shares of Liberty Oilfield Services by 169.1% during the third quarter. BlackRock Inc. now owns 3,634,276 shares of the company’s stock worth $78,392,000 after buying an additional 2,283,611 shares in the last quarter. FMR LLC increased its holdings in shares of Liberty Oilfield Services by 38.2% during the third quarter. FMR LLC now owns 5,977,773 shares of the company’s stock worth $128,940,000 after buying an additional 1,653,623 shares in the last quarter. Vanguard Group Inc increased its holdings in shares of Liberty Oilfield Services by 144.8% during the third quarter. Vanguard Group Inc now owns 2,769,980 shares of the company’s stock worth $59,748,000 after buying an additional 1,638,479 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Liberty Oilfield Services by 144.8% during the third quarter. Vanguard Group Inc. now owns 2,769,980 shares of the company’s stock worth $59,748,000 after buying an additional 1,638,479 shares in the last quarter. Finally, Clearbridge Investments LLC increased its holdings in shares of Liberty Oilfield Services by 1,066.7% during the third quarter. Clearbridge Investments LLC now owns 1,074,169 shares of the company’s stock worth $23,170,000 after buying an additional 982,100 shares in the last quarter.

About Liberty Oilfield Services

Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. It provides its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin.

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Earnings History and Estimates for Liberty Oilfield Services (NYSE:LBRT)

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