Liquidity Services (NASDAQ:LQDT) Upgraded to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Liquidity Services (NASDAQ:LQDTFree Report) from a buy rating to a strong-buy rating in a research report released on Sunday morning.

A number of other brokerages have also recently issued reports on LQDT. Barrington Research set a $50.00 target price on shares of Liquidity Services in a research report on Friday, August 7th. Weiss Ratings upgraded shares of Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Finally, Zacks Research raised shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 28th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $50.00.

Read Our Latest Stock Report on LQDT

Liquidity Services Stock Performance

Liquidity Services stock opened at $43.47 on Friday. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 42.62 and a beta of 1.10. Liquidity Services has a 12 month low of $21.67 and a 12 month high of $43.82. The stock’s 50 day moving average is $38.95 and its 200-day moving average is $34.90.

Liquidity Services (NASDAQ:LQDTGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.11. Liquidity Services had a return on equity of 17.60% and a net margin of 6.79%.The business had revenue of $129.58 million during the quarter, compared to analysts’ expectations of $57.83 million. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. As a group, equities research analysts predict that Liquidity Services will post 1 earnings per share for the current fiscal year.

Insider Transactions at Liquidity Services

In related news, EVP John Daunt sold 715 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.00, for a total value of $27,885.00. Following 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jaime Mateus-Tique sold 38,471 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $37.99, for a total value of $1,461,513.29. Following the completion of the transaction, the director directly owned 164,380 shares of the company’s stock, valued at approximately $6,244,796.20. This trade represents a 18.97% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 196,261 shares of company stock valued at $7,153,183. 28.06% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Liquidity Services

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of Liquidity Services by 5.4% in the second quarter. GAMMA Investing LLC now owns 5,957 shares of the business services provider’s stock worth $233,000 after acquiring an additional 306 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Liquidity Services by 0.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 57,698 shares of the business services provider’s stock valued at $1,749,000 after purchasing an additional 426 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Liquidity Services by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 17,753 shares of the business services provider’s stock valued at $487,000 after purchasing an additional 660 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its position in Liquidity Services by 7.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 10,736 shares of the business services provider’s stock worth $336,000 after purchasing an additional 734 shares in the last quarter. Finally, Diversified Trust Co increased its position in Liquidity Services by 9.0% during the 1st quarter. Diversified Trust Co now owns 8,955 shares of the business services provider’s stock worth $274,000 after purchasing an additional 742 shares in the last quarter. 71.15% of the stock is currently owned by institutional investors and hedge funds.

Liquidity Services Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Liquidity Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidity Services and related companies with MarketBeat.com's FREE daily email newsletter.