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While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Liberty Oilfield Services (LBRT)
Liberty Energy (previously Liberty Oilfield Services) is a premier provider of hydraulic fracturing and other auxiliary services to onshore exploration and production (E&P) companies in North America. Hydraulic fracturing is a method used to extract oil and natural gas by blasting underground rock formations with a mixture of water, sand and chemicals.
LBRT is a Zacks Rank #2 (Buy) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 4.5X for the current fiscal year compared to the Oil and Gas - Field Services industry's P/E of 13.3X. Additionally, LBRT has a PEG Ratio of 0.8 and a Price/Cash Flow ratio of 32.6X. Value investors should also note LBRT's Price/Sales ratio of 0.7X.
A company's earnings performance is important for value investors as well. For fiscal 2023, six analysts revised their earnings estimate higher in the last 60 days for LBRT, while the Zacks Consensus Estimate has increased $0.24 to $3.42 per share. LBRT also holds an average earnings surprise of 81.5%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding LBRT to their portfolios.
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Liberty Energy Inc. (LBRT) : Free Stock Analysis Report
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