Liquidity Services (NASDAQ:LQDT) Earns “Outperform” Rating from Barrington Research

Barrington Research reaffirmed their outperform rating on shares of Liquidity Services (NASDAQ:LQDT) in a report published on Monday morning, Benzinga reports. They currently have a $27.00 price target on the business services provider’s stock.

A number of other analysts have also recently weighed in on the company. StockNews.com upgraded Liquidity Services from a buy rating to a strong-buy rating in a research report on Friday, May 3rd. TheStreet downgraded shares of Liquidity Services from a b- rating to a c+ rating in a report on Thursday, February 8th.

Liquidity Services Price Performance

Shares of Liquidity Services stock opened at $18.73 on Monday. The firm has a fifty day moving average price of $17.91 and a two-hundred day moving average price of $18.00. Liquidity Services has a fifty-two week low of $13.99 and a fifty-two week high of $21.10. The company has a market cap of $575.39 million, a PE ratio of 31.22 and a beta of 1.38.

Liquidity Services (NASDAQ:LQDT) last issued its earnings results on Thursday, February 8th. The business services provider reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). Liquidity Services had a return on equity of 17.62% and a net margin of 6.03%. The firm had revenue of $71.33 million during the quarter.

Insider Buying and Selling

In related news, Director George H. Ellis sold 6,000 shares of the stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $17.50, for a total value of $105,000.00. Following the sale, the director now directly owns 19,402 shares in the company, valued at approximately $339,535. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 29.77% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of LQDT. GAMMA Investing LLC acquired a new stake in shares of Liquidity Services in the fourth quarter valued at approximately $50,000. AJOVista LLC acquired a new stake in Liquidity Services in the 4th quarter valued at $53,000. Quantbot Technologies LP lifted its position in Liquidity Services by 88.3% during the 3rd quarter. Quantbot Technologies LP now owns 4,377 shares of the business services provider’s stock worth $77,000 after buying an additional 2,052 shares in the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of Liquidity Services during the 3rd quarter worth about $112,000. Finally, Quest Partners LLC bought a new position in shares of Liquidity Services in the 4th quarter valued at about $126,000. 71.15% of the stock is owned by institutional investors and hedge funds.

About Liquidity Services

Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.