On Oct 18, major Wall Street analysts update their ratings for $Liberty Energy (LBRT.US)$, with price targets ranging from $19 to $27.
Morgan Stanley analyst Daniel Kutz maintains with a hold rating, and maintains the target price at $22.
Citi analyst Scott Gruber downgrades to a hold rating, and adjusts the target price from $25 to $19.
Barclays analyst Eddie Kim maintains with a buy rating, and adjusts the target price from $24 to $21.
Wells Fargo analyst Roger Read maintains with a buy rating, and maintains the target price at $24.
Evercore analyst James West maintains with a buy rating, and maintains the target price at $27.
Furthermore, according to the comprehensive report, the opinions of $Liberty Energy (LBRT.US)$'s main analysts recently are as follows:
Liberty Energy experienced a challenging quarter, missing Q3 EBITDA expectations by 5% and forecasting Q4 to be approximately 25% below the consensus. This period has resulted in management losing some credibility with investors.
The intensifying downcycle is evidenced by Liberty Energy idling two fleets, alongside margin compression due to pricing concessions. Seasonal improvement is anticipated in the first half of 2025, yet exploration and production companies are expected to persist in seeking pricing concessions amid oil price uncertainties. A faster decline in EBITDA compared to capital expenditures has led to reduced estimates for the company's 2025 free cash flow, now projected at $180M, which suggests a modest yield of 6% based on the current share price. Additionally, facing seasonal working capital challenges in the first quarter, the company's ability to repurchase shares seems constrained in the near term without resorting to balance sheet utilization.
Liberty Energy's reported EBITDA fell short of expectations, suggesting a subdued outlook for frac activity and pricing towards the end of 2024. Despite a less optimistic view for the second half and a diminished free cash flow outlook, an upcoming update on Liberty Power Innovations in early 2025 is anticipated to act as a significant catalyst for the stock.
Liberty Energy's Q4 guidance and comments on pricing challenges were described as lackluster. Nonetheless, it is anticipated that the company will experience improved results in the first half of 2025 following a seasonal decline in Q4.
Here are the latest investment ratings and price targets for $Liberty Energy (LBRT.US)$ from 8 analysts:
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美東時間10月18日，多家華爾街大行更新了$Liberty Energy (LBRT.US)$的評級，目標價介於19美元至27美元。
摩根士丹利分析師Daniel Kutz維持持有評級，維持目標價22美元。
花旗分析師Scott Gruber下調至持有評級，並將目標價從25美元下調至19美元。
巴克萊銀行分析師Eddie Kim維持買入評級，並將目標價從24美元下調至21美元。
富國集團分析師Roger Read維持買入評級，維持目標價24美元。
Evercore分析師James West維持買入評級，維持目標價27美元。
此外，綜合報道，$Liberty Energy (LBRT.US)$近期主要分析師觀點如下：
liberty energy在一個具有挑戰性的季度中遭遇困難，錯過了Q3 EBITDA預期的5%，並預測Q4將大約低於共識的25%。這段時期導致管理層失去了一些投資者的信譽。
自liberty energy停用兩個艦隊，加上價格讓步導致的邊際壓縮，暗示着下行週期正在加劇。預計2025年上半年將出現季節性改善，然而，探索和生產公司預計將繼續尋求在油價不確定性中尋求價格讓步。與資本支出相比，EBITDA的下降速度加快導致公司2025年自由現金流的預估減少，現在預計爲18000萬美元，根據當前股價，這意味着適中的回報率爲6%。此外，在第一季度面臨季節性營運資金挑戰的情況下，公司在短期內似乎受到了回購股份的限制，即使沒有求助於資產負債表的情況。
Liberty Energy報告的EBITDA低於預期，暗示着對2024年底壓裂活動和定價的淡淡預期。儘管對下半年持較悲觀態度，自由現金流前景卻降低，但預計2025年初Liberty Power Innovations的即將更新將作爲股票的重要催化劑。
liberty energy關於Q4指引和定價挑戰的評論被描述爲平淡無奇。儘管如此，預計公司將在2025年上半年經歷改善的結果，此前Q4出現季節性下降。
以下爲今日8位分析師對$Liberty Energy (LBRT.US)$的最新投資評級及目標價：
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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