What Did We Learn From Liberty Energy Inc (NYSE: LBRT) Insider Trading?

Liberty Energy Inc (NYSE:LBRT) traded at $18.56 at last check on current trade day and made an upward move of 6.27% on its previous day’s price.

Looking at the stock we see that its previous close was $17.46 and the beta (5Y monthly) reads 1.692 with the day’s price range being $18.18 – $18.85. The company has a trailing 12-month PE ratio of 8.88. In terms of its 52-week price range, LBRT has a high of $24.75 and a low of $16.57. The company’s stock has lost about -8.01% over that past 30 days.

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Liberty Energy Inc has a market cap of $3.03 billion and is expected to release its quarterly earnings report on 2025-Jan-22. With its Forward Dividend at 0.28 and a yield of 1.51%, the company’s investors could be anxious for the LBRT stock to gain ahead of the earnings release.

On the other hand, looking at the outlook for the LBRT stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell.

Based on estimates by 8 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 3 have rated the Liberty Energy Inc (LBRT) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note the current price level is 2.12% off its SMA20 and -3.54% from its 50-day simple moving average. The RSI (14) is pointing at 51.87 while the volatility over the past week is 2.97% and jumps to 3.73% over the past one month. The beta value is 1.73, while the average true range (ATR) is currently pointing at 0.77. The average price target for the stock over the next 12 months is $23.5, with the estimates having a low of $16 and a high of $26. These price ends are 13.79% and -40.09% off the today’s price level respectively, although investors could be excited at the prospect of a -26.62% if the LBRT share price touches on the median price of $23.5.

Coming back to Liberty Energy Inc (NYSE:LBRT), we note that the average 3-month trading volume was 2.06 million, while that of the preceding 10-day period stands at 2.26 million. Current shares outstanding are 166.61 million.

The insiders hold 3.40% of the company’s shares while institutions hold 104.70%. The data shows that short shares as of 2024-10-15, stood at 16.75 million at a short ratio of 8.75. This represents a 1482.00 short interest in shares outstanding on 2024-10-15. Shares short fall in October from the previous month at 19.74 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 2.29% up in year-to-date price movement.

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