Liberty Oilfield Services Inc Stock Forecast:
Based on the forecast of 12 analysts, the average analyst target price for Liberty Oilfield Services Inc is USD 20.71 over the next 12 months, and the average analyst rating is Buy. Stock Target Advisor‘s own analysis is Bullish, based on 9 positive signals and 3 negative signals. As of the last closing, the stock price was USD 13.25, which has changed by -1.41% over the past week, +4.66% over the past month, and -22.15% over the last year.
Analysts Coverage Change:
Morgan Stanley downgrades Liberty Oilfield Services Inc (LBRT:NYE). to an “Equal-Weight” rating and lowers the price target to $17 from $20 on the company’s stock.
Positive Fundamentals:
Liberty Oilfield Services Inc. is a large and stable company in its sector with an underpriced stock compared to earnings. The company’s management has delivered superior returns on equity, invested capital, and assets, placing it in the top quartile. It has low debt, positive cash flow and free cash flow, and has shown top quartile revenue growth in the previous 5 years compared to its sector.
Negative Fundamentals:
Liberty Oilfield Services Inc. stock is highly volatile and has above median total returns compared to its sector in the past 5 years, which suggests it may not be suitable for those with low risk tolerance. Additionally, the company has underperformed its peers on average total returns during the same period. Moreover, the stock is overpriced compared to its peers median on a price to book value basis, making it less attractive for value investors.
FA Score (Fundamental Analysis):
The fundamental analysis of Liberty Oilfield Services Inc. is “Bullish” with a FA score of 7.5 out of 10, where 0 is very bearish and 10 is very bullish.
About Liberty Oilfield Services Inc. (Liberty Energy Inc.):
Liberty Energy Inc. is a company that provides hydraulic services and related technologies to onshore oil and natural gas exploration and production companies in North America. Its services include hydraulic fracturing, wireline services, proppant delivery solutions, data analytics, and laboratory services. The company owns and operates two sand mines in the Permian Basin and has a fleet of approximately 40 active hydraulic fracturing units. Its services are primarily focused in various regions across North America, including the Permian Basin, the Eagle Ford Shale, and the Western Canadian Sedimentary Basin. The company was founded in 2011, is headquartered in Denver, Colorado, and was formerly known as Liberty Oilfield Services Inc. before changing its name in April 2022.
