Is NYSE:LBRT suited for growth investing?

In this article we will dive into LIBERTY ENERGY INC (NYSE:LBRT) as a possible candidate for growth investing. Investors should always do their own research, but we noticed LIBERTY ENERGY INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Looking into the canslim metrics of LIBERTY ENERGY INC

• The earnings per share (EPS) of LIBERTY ENERGY INC have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 54.55% increase. This reflects the company's ability to improve its profitability over time.
• LIBERTY ENERGY INC has achieved significant quarter-to-quarter (Q2Q) revenue growth of 26.77%, signaling its ability to capture market opportunities and drive top-line expansion. This growth underscores the company's effective execution and its potential for continued success.
• LIBERTY ENERGY INC has experienced 58.95% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• LIBERTY ENERGY INC has achieved an impressive Return on Equity (ROE) of 36.75%, showcasing its ability to generate favorable returns for shareholders.
• The Relative Strength (RS) of LIBERTY ENERGY INC has been consistently solid, with a current 93.95 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. LIBERTY ENERGY INC exhibits strong prospects for further price appreciation.
• With a current Debt-to-Equity ratio at 0.19, LIBERTY ENERGY INC showcases its disciplined capital structure. The company's prudent management of debt obligations contributes to its financial stability and long-term sustainability.
• The ownership composition of LIBERTY ENERGY INC reflects a balanced investor ecosystem, with institutional shareholders owning 11.97%. This indicates a broader market participation and potential for increased trading liquidity.

Zooming in on the technicals.

ChartMill utilizes a proprietary algorithm to assign a Technical Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of technical indicators and properties.

We assign a technical rating of 9 out of 10 to LBRT. Both in the recent history as in the last year, LBRT has proven to be a steady performer, scoring decent points in every aspect analyzed.

• Both the short term and long term trends are positive. This is a very positive sign.
• When comparing the yearly performance of all stocks, we notice that LBRT is one of the better performing stocks in the market, outperforming 93% of all stocks.
• LBRT is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LBRT is leading the market.
• In the last month LBRT has a been trading in the 16.34 - 19.11 range, which is quite wide. It is currently trading near the high of this range.
• LBRT is part of the Energy Equipment & Services industry. There are 66 other stocks in this industry, LBRT did better than 63% of them.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

Check the latest full technical report of LBRT for a complete technical analysis.

Zooming in on the fundamentals.

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

We assign a fundamental rating of 7 out of 10 to LBRT. LBRT was compared to 66 industry peers in the Energy Equipment & Services industry. LBRT has an excellent financial health rating, but there are some minor concerns on its profitability. LBRT scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make LBRT suitable for value investing!

For an up to date full fundamental analysis you can check the fundamental report of LBRT

More growth stocks can be found in our CANSLIM screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.