Liquidity Services (NASDAQ:LQDT) Stock Rating Lowered by Zacks Research

Liquidity Services (NASDAQ:LQDT) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Monday,Zacks.com reports.

LQDT has been the subject of several other reports. Wall Street Zen cut shares of Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Barrington Research reiterated an “outperform” rating and issued a $44.00 price target on shares of Liquidity Services in a report on Thursday, May 21st. Finally, Weiss Ratings upgraded Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Liquidity Services presently has an average rating of “Hold” and a consensus price target of $44.00.

Liquidity Services Price Performance

Shares of LQDT stock opened at $39.12 on Monday. The company’s fifty day moving average price is $36.14 and its 200-day moving average price is $33.01. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 42.06 and a beta of 1.09. Liquidity Services has a one year low of $21.67 and a one year high of $39.93.

Liquidity Services (NASDAQ:LQDT) last posted its earnings results on Thursday, May 7th. The business services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.05. The company had revenue of $120.73 million during the quarter, compared to analysts’ expectations of $52.86 million. Liquidity Services had a net margin of 6.30% and a return on equity of 18.49%. Liquidity Services has set its Q3 2026 guidance at 0.300-0.390 EPS. Equities research analysts expect that Liquidity Services will post 1 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Steven Weiskircher sold 11,477 shares of Liquidity Services stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $34.23, for a total transaction of $392,857.71. Following the completion of the transaction, the senior vice president directly owned 58,559 shares of the company’s stock, valued at $2,004,474.57. The trade was a 16.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jorge Celaya sold 11,303 shares of the 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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 213,960 shares of company stock worth $7,757,473. 28.06% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Liquidity Services

Institutional investors and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. boosted its position in Liquidity Services by 55.1% during the second quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock worth $30,227,000 after purchasing an additional 454,988 shares in the last quarter. Punch & Associates Investment Management Inc. lifted its position in shares of Liquidity Services by 38.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 909,743 shares of the business services provider’s stock valued at $24,954,000 after buying an additional 254,875 shares in the last quarter. Millennium Management LLC grew its stake in Liquidity Services by 141.9% in the 3rd quarter. Millennium Management LLC now owns 357,707 shares of the business services provider’s stock valued at $9,812,000 after acquiring an additional 209,807 shares during the period. Marshall Wace LLP increased its holdings in Liquidity Services by 835.0% in the 2nd quarter. Marshall Wace LLP now owns 181,535 shares of the business services provider’s stock worth $4,282,000 after acquiring an additional 162,120 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its position in Liquidity Services by 120.7% during the second quarter. Qube Research & Technologies Ltd now owns 283,301 shares of the business services provider’s stock worth $6,683,000 after acquiring an additional 154,925 shares during the period. 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.