Liquidity Services (NASDAQ:LQDT – Get Free Report) was downgraded by analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Sunday.
A number of other equities analysts have also recently commented on LQDT. Zacks Research cut shares of Liquidity Services from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Barrington Research reissued an “outperform” rating and issued a $44.00 price objective on shares of Liquidity Services in a research note on Thursday, May 21st. Finally, Weiss Ratings upgraded Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $44.00.
Read Our Latest Report on LQDT
Liquidity Services Trading Up 1.1%
Liquidity Services (NASDAQ:LQDT – Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The business services provider reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.05. The company had revenue of $120.73 million during the quarter, compared to the consensus estimate of $52.86 million. Liquidity Services had a return on equity of 18.49% and a net margin of 6.30%.Liquidity Services has set its Q3 2026 guidance at 0.300-0.390 EPS. Equities analysts anticipate that Liquidity Services will post 1 EPS for the current year.
Insider Buying and Selling at Liquidity Services
In other Liquidity Services news, CFO Jorge Celaya sold 11,303 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $35.24, for a total transaction of $398,317.72. Following the transaction, the chief financial officer directly owned 50,965 shares in the company, valued at $1,796,006.60. This trade represents a 18.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John Daunt sold 10,139 shares of Liquidity Services stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $39.24, for a total value of $397,854.36. Following the sale, the executive vice president directly owned 38,086 shares of the company’s stock, valued at approximately $1,494,494.64. This trade represents a 21.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 214,422 shares of company stock valued at $7,775,551. 28.06% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Liquidity Services
Institutional investors have recently made changes to their positions in the company. Ameriprise Financial Inc. raised its position in shares of Liquidity Services by 55.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock worth $30,227,000 after acquiring an additional 454,988 shares in the last quarter. Punch & Associates Investment Management Inc. boosted its position in Liquidity Services by 38.9% during the third quarter. Punch & Associates Investment Management Inc. now owns 909,743 shares of the business services provider’s stock valued at $24,954,000 after purchasing an additional 254,875 shares in the last quarter. Millennium Management LLC grew its stake in Liquidity Services by 141.9% in the third quarter. Millennium Management LLC now owns 357,707 shares of the business services provider’s stock valued at $9,812,000 after purchasing an additional 209,807 shares during the last quarter. Marshall Wace LLP grew its stake in Liquidity Services by 835.0% in the second quarter. Marshall Wace LLP now owns 181,535 shares of the business services provider’s stock valued at $4,282,000 after purchasing an additional 162,120 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in Liquidity Services by 120.7% in the second quarter. Qube Research & Technologies Ltd now owns 283,301 shares of the business services provider’s stock valued at $6,683,000 after purchasing an additional 154,925 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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