Media stories about Liberty Oilfield Services (NYSE:LBRT) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Liberty Oilfield Services earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.3611596430458 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
NYSE:LBRT opened at $17.52 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.34 and a current ratio of 1.60. The stock has a market capitalization of $2,033.91 and a P/E ratio of 19.91. Liberty Oilfield Services has a 52-week low of $16.00 and a 52-week high of $23.78.
Liberty Oilfield Services (NYSE:LBRT) last released its earnings results on Monday, March 12th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.36). The company had revenue of $449.00 million during the quarter, compared to analyst estimates of $444.84 million. analysts anticipate that Liberty Oilfield Services will post 2.71 earnings per share for the current year.
A number of brokerages have recently commented on LBRT. Goldman Sachs began coverage on Liberty Oilfield Services in a report on Tuesday, February 6th. They issued a “buy” rating and a $34.00 price target on the stock. Cowen began coverage on Liberty Oilfield Services in a report on Wednesday, February 7th. They issued a “market perform” rating and a $22.00 price target on the stock. Evercore ISI began coverage on Liberty Oilfield Services in a report on Tuesday, February 6th. They issued an “outperform” rating and a $30.00 price target on the stock. Piper Jaffray began coverage on Liberty Oilfield Services in a report on Tuesday, February 6th. They issued an “overweight” rating and a $28.00 price target on the stock. Finally, Wells Fargo began coverage on Liberty Oilfield Services in a report on Tuesday, February 6th. They issued an “outperform” rating and a $30.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Liberty Oilfield Services presently has a consensus rating of “Buy” and an average target price of $29.29.
In related news, Director Energy Part Riverstone/Carlyle sold 300,541 shares of Liberty Oilfield Services stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $16.07, for a total value of $4,829,693.87. The transaction was disclosed in a filing with the SEC, which is available at this link.
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Liberty Oilfield Services Company Profile
Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. It has 19 active fleets. The company provides its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin.
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