Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $44.09 and last traded at $43.69, with a volume of 9535 shares. The stock had previously closed at $43.26.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on LQDT. Zacks Research raised shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded shares of Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Finally, Barrington Research set a $50.00 price objective on shares of Liquidity Services in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Liquidity Services presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.00.
Get Our Latest Stock Analysis on LQDT
Liquidity Services Stock Down 1.9%
Liquidity Services (NASDAQ:LQDT – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 17.60% and a net margin of 6.79%.Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. As a group, equities analysts predict that Liquidity Services, Inc. will post 1.16 EPS for the current year.
Insider Transactions at Liquidity Services
In other news, EVP John Daunt sold 715 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $39.00, for a total value of $27,885.00. Following the completion of the sale, the executive vice president owned 38,086 shares in the company, valued at $1,485,354. This represents a 1.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jaime Mateus-Tique sold 38,471 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $37.99, for a total transaction of $1,461,513.29. Following the completion of the sale, the director owned 164,380 shares of the company’s stock, valued at approximately $6,244,796.20. This represents a 18.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 132,869 shares of company stock worth $4,994,005 in the last quarter. 28.06% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Liquidity Services
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Intech Investment Management LLC grew its stake in Liquidity Services by 344.8% in the 4th quarter. Intech Investment Management LLC now owns 57,560 shares of the business services provider’s stock valued at $1,745,000 after purchasing an additional 44,618 shares during the period. Vanguard Group Inc. raised its stake in shares of Liquidity Services by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock worth $54,974,000 after purchasing an additional 54,045 shares during the period. Horizon Investments LLC bought a new stake in shares of Liquidity Services during the 4th quarter worth $598,000. Rice Hall James & Associates LLC boosted its holdings in shares of Liquidity Services by 26.0% in the 4th quarter. Rice Hall James & Associates LLC now owns 586,006 shares of the business services provider’s stock worth $17,762,000 after buying an additional 120,848 shares during the last quarter. Finally, Access Investment Management LLC boosted its holdings in shares of Liquidity Services by 24.6% in the 1st quarter. Access Investment Management LLC now owns 200,170 shares of the business services provider’s stock worth $6,119,000 after buying an additional 39,545 shares during the last quarter. Hedge funds and other institutional investors own 71.15% of the company’s stock.
Liquidity Services Company Profile
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.
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