The consensus among analysts is that Liberty Oilfield Services Inc. (LBRT) is an Overweight stock at the moment, with a recommendation rating of 2.4. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 9 out of 17 have rated it as a Hold, with 7 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.44.
Liberty Oilfield Services Inc. (NYSE:LBRT) trade information
Sporting 5.68% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 23 when the LBRT stock price touched $6.64-1 or saw a rise of 18.67%. Year-to-date, Liberty Oilfield Services Inc. shares have moved -51.44%, while the 5-day performance has seen it change -17.05%. Over the past 30 days, the shares of Liberty Oilfield Services Inc. (NYSE:LBRT) have changed 4.85%. Short interest in the company has seen 2.82 Million shares shorted with days to cover at 0.
Liberty Oilfield Services Inc. (LBRT) estimates and forecasts
Figures show that Liberty Oilfield Services Inc. shares have underperformed across the wider relevant industry. The company’s shares have lost -50.5% over the past 6 months, with this year growth rate of -328.3%, compared to -33.5% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -237.5% and -353.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be -55.1%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest -79.5% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Liberty Oilfield Services Inc. (NYSE:LBRT)’s Major holders
Insiders own 9.1% of the company shares, while shares held by institutions stand at 82.08% with a share float percentage of 90.3%. Investors are also buoyed by the number of investors in a company, with Liberty Oilfield Services Inc. having a total of 174 institutions that hold shares in the company. The top two institutional holders are Riverstone Holdings LLC with over 34.05 Million shares worth more than $91.61 Million. As of March 30, 2020, Riverstone Holdings LLC held 41.38% of shares outstanding.
The other major institutional holder is Carlyle Group Inc., with the holding of over 34.05 Million shares as of March 30, 2020. The firm’s total holdings are worth over $91.61 Million and represent 41.38% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Price (T.Rowe) Small-Cap Value Fund and Price (T.Rowe) Small Cap Stock Fund. As of December 30, 2019, the former fund manager holds about 3.32% shares in the company for having 2729900 shares of worth $30.36 Million while later fund manager owns 2.7 Million shares of worth $30.02 Million as of December 30, 2019, which makes it owner of about 3.28% of company’s outstanding stock.