Liquidity Services (NASDAQ:LQDT) Upgraded at Wall Street Zen
by Sarita Garza · The Markets DailyWall Street Zen upgraded shares of Liquidity Services (NASDAQ:LQDT – Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Sunday.
Other analysts have also recently issued reports about the stock. Zacks Research raised shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Barrington Research set a $50.00 price target on Liquidity Services in a research note on Friday, August 7th. Finally, Weiss Ratings upgraded Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $50.00.
Get Our Latest Analysis on LQDT
Liquidity Services Trading Up 1.3%
NASDAQ:LQDT opened at $43.26 on Friday. Liquidity Services has a 12-month low of $21.67 and a 12-month high of $43.82. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 42.41 and a beta of 1.10. The company’s 50-day moving average is $39.18 and its two-hundred day moving average is $35.05.
Liquidity Services (NASDAQ:LQDT – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. The business had revenue of $129.58 million during the quarter, compared to the consensus estimate of $57.83 million. Liquidity Services had a net margin of 6.79% and a return on equity of 17.60%. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. On average, equities research analysts forecast that Liquidity Services will post 1 earnings per share for the current fiscal year.
Insider Activity at Liquidity Services
In other Liquidity Services news, CFO Jorge Celaya sold 3,842 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $37.26, for a total transaction of $143,152.92. Following the transaction, the chief financial officer owned 66,895 shares of the company’s stock, valued at $2,492,507.70. This trade represents a 5.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP John Daunt sold 715 shares of Liquidity Services stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $39.00, for a total transaction of $27,885.00. Following the completion of the transaction, the executive vice president owned 38,086 shares in the company, valued at approximately $1,485,354. This trade represents a 1.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 196,261 shares of company stock worth $7,153,183. 28.06% of the stock is owned by company insiders.
Institutional Trading of Liquidity Services
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Intech Investment Management LLC lifted its position in Liquidity Services by 344.8% during the fourth quarter. Intech Investment Management LLC now owns 57,560 shares of the business services provider’s stock valued at $1,745,000 after buying an additional 44,618 shares in the last quarter. Vanguard Group Inc. grew its stake in Liquidity Services by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock worth $54,974,000 after buying an additional 54,045 shares during the period. Horizon Investments LLC acquired a new stake in shares of Liquidity Services in the fourth quarter worth $598,000. Rice Hall James & Associates LLC increased its position in shares of Liquidity Services by 26.0% in the fourth quarter. Rice Hall James & Associates LLC now owns 586,006 shares of the business services provider’s stock worth $17,762,000 after acquiring an additional 120,848 shares in the last quarter. Finally, Access Investment Management LLC increased its position in shares of Liquidity Services by 24.6% in the first quarter. Access Investment Management LLC now owns 200,170 shares of the business services provider’s stock worth $6,119,000 after acquiring an additional 39,545 shares in the last quarter. 71.15% of the stock is currently owned by institutional investors and hedge funds.
About Liquidity Services
Liquidity Services, Inc is a technology-driven provider of online marketplaces for surplus and remarketed assets. Through its wholly owned platforms—such as Liquidation.com, GovDeals, Machinio and GoIndustry DoveBid—the company connects sellers of industrial equipment, commercial inventory, government surplus and transportation assets with a broad base of registered buyers. Its solutions blend auction formats, fixed-price listings and managed-service offerings to support efficient asset disposition across a wide range of industries.
The company’s core services include asset valuation, marketing, inspection and logistics coordination.