Liquidity Services (NASDAQ:LQDT – Get Free Report) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.
A number of other analysts have also recently commented on LQDT. Barrington Research set a $50.00 price objective on Liquidity Services in a research report on Friday, August 7th. Wall Street Zen raised Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Finally, Weiss Ratings upgraded Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $50.00.
Check Out Our Latest Report on Liquidity Services
Liquidity Services Trading Down 0.7%
Liquidity Services (NASDAQ:LQDT – Get Free Report) last announced its earnings results on Thursday, August 6th. The business services provider reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.11. The business had revenue of $129.58 million during the quarter, compared to analyst estimates 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. As a group, equities analysts predict that Liquidity Services will post 1.16 earnings per share for the current year.
Insiders Place Their Bets
In related news, CFO Jorge Celaya sold 3,842 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $37.26, for a total transaction of $143,152.92. Following the completion of the transaction, the chief financial officer directly owned 66,895 shares in the company, valued at approximately $2,492,507.70. The trade was a 5.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jaime Mateus-Tique sold 38,471 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was 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 directly owned 164,380 shares of the company’s stock, valued at $6,244,796.20. This represents a 18.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 110,148 shares of company stock worth $4,181,881 over the last quarter. 28.06% of the stock is currently owned by corporate insiders.
Institutional Trading of Liquidity Services
Hedge funds and other institutional investors have recently modified their holdings of the company. Persistent Asset Partners Ltd bought a new stake in shares of Liquidity Services during the 2nd quarter valued at $35,000. Quantbot Technologies LP bought a new position in Liquidity Services in the 2nd quarter worth $53,000. Tower Research Capital LLC TRC increased its stake in Liquidity Services by 451.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock worth $64,000 after buying an additional 2,210 shares in the last quarter. Meeder Asset Management Inc. bought a new stake in Liquidity Services during the first quarter valued at about $97,000. Finally, Fifth Third Bancorp raised its holdings in Liquidity Services by 4,505.7% during the first quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock valued at $99,000 after acquiring an additional 3,154 shares during the period. 71.15% of the stock is owned by hedge funds and other institutional investors.
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.
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