With 2.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.91 million shares. The 52-week range on LBRT shows that it touched its highest point at $22.16 and its lowest point at $11.18 during that stretch. It currently has a 1-year price target of $23.86. With its current market cap of 3.57 billion, LBRT has annualized dividend of $0.24 while the current yield stands at 1.12%. Beta for the stock currently stands at 1.87.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LBRT was up-trending over the past week, with a rise of 0.71%, but this was up by 9.52% over a month. Three-month performance surged to 19.82% while six-month performance rose 20.70%. The stock gained 48.92% in the past year, while it has gained 17.97% so far this year. A look at the trailing 12-month EPS for LBRT yields 3.15 with Next year EPS estimates of 3.16. For the next quarter, that number is 0.56. This implies an EPS growth rate of -14.08% for this year and 15.93% for next year. EPS is expected to grow by 12.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.79%.
Float and Shares Shorts:
At present, 166.61 million LBRT shares are outstanding with a float of 160.59 million shares on hand for trading. On Feb 29, 2024, short shares totaled 13.42 million, which was 8.08% higher than short shares on Jan 31, 2024. In addition to LBRT as the firm’s Liberty Energy Inc., FBRT serves as its Franklin BSP Realty Trust, Inc.
Institutional Ownership:
Through their ownership of 100.13% of LBRT’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LBRT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
