Liberty Energy (NYSE:LBRT) Hits New 12-Month High Following Earnings Beat

Liberty Energy Inc. (NYSE:LBRT) reached a new 52-week high during trading on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $23.98 and last traded at $23.9420, with a volume of 20499 shares traded. The stock had previously closed at $21.80.

The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.21. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $880.59 million. Liberty Energy had a return on equity of 1.24% and a net margin of 3.69%.The firm’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.10 EPS.

Liberty Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $0.36 dividend on an annualized basis and a yield of 1.5%. Liberty Energy’s dividend payout ratio is presently 40.45%.

Liberty Energy News Roundup

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.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on LBRT shares. JPMorgan Chase & Co. upgraded shares of Liberty Energy from a “neutral” rating to an “overweight” rating and set a $24.00 target price on the stock in a research report on Wednesday, December 10th. TD Cowen upped their price objective on Liberty Energy from $19.00 to $21.00 and gave the company a “hold” rating in a research report on Friday. Citigroup raised Liberty Energy from a “neutral” rating to a “buy” rating and raised their price objective for the company from $12.00 to $21.00 in a research note on Tuesday, October 21st. UBS Group reissued a “buy” rating and set a $34.00 target price on shares of Liberty Energy in a research report on Friday. Finally, Morgan Stanley increased their price target on Liberty Energy from $23.00 to $30.00 and gave the company an “overweight” rating in a report on Friday. Five analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $21.73.

Institutional Trading of Liberty Energy

Large investors have recently modified their holdings of the company. Franklin Resources Inc. grew its stake in Liberty Energy by 78.5% in the third quarter. Franklin Resources Inc. now owns 8,575,840 shares of the company’s stock worth $105,826,000 after purchasing an additional 3,771,724 shares in the last quarter. Balyasny Asset Management L.P. lifted its holdings in shares of Liberty Energy by 1,529.2% in the 3rd quarter. Balyasny Asset Management L.P. now owns 2,753,357 shares of the company’s stock worth $33,976,000 after buying an additional 2,584,359 shares during the period. Sourcerock Group LLC bought a new position in shares of Liberty Energy during the 2nd quarter worth $23,653,000. Cooper Creek Partners Management LLC purchased a new position in shares of Liberty Energy during the third quarter valued at $22,336,000. Finally, American Century Companies Inc. increased its stake in shares of Liberty Energy by 28.2% during the third quarter. American Century Companies Inc. now owns 7,809,390 shares of the company’s stock valued at $96,368,000 after buying an additional 1,716,007 shares during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Liberty Energy Price Performance

The firm has a fifty day moving average of $19.43 and a two-hundred day moving average of $15.27. The stock has a market capitalization of $4.00 billion, a P/E ratio of 27.72 and a beta of 0.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.22 and a quick ratio of 1.05.

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.