Here's Why Liberty Oilfield Services (LBRT) is a Strong Growth Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
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 boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #1 (Strong Buy) rating. Its bottom-line is projected to rise 266.7% year-over-year for 2022, while Wall Street anticipates its top line to improve by 54.7%.
Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2022. The Zacks Consensus Estimate has increased $1.07 to $1.70 per share. LBRT boasts an average earnings surprise of 31.8%.
On a historic basis, Liberty Oilfield Services has generated cash flow growth of 46.3%, and is expected to report cash flow expansion of 4.7% this year.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, LBRT should be on investors' short lists.
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Liberty Energy Inc. (LBRT) : Free Stock Analysis Report
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