Liquidity Services (NASDAQ:LQDT) Sets New 1-Year High – Should You Buy?

Liquidity Services, Inc. (NASDAQ:LQDT)’s share price reached a new 52-week high during trading on Thursday. The company traded as high as $44.53 and last traded at $43.61, with a volume of 126480 shares traded. The stock had previously closed at $42.83.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on LQDT. Zacks Research upgraded Liquidity Services from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 27th. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Barrington Research set a $50.00 price objective on shares of Liquidity Services in a research note on Friday, August 7th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $50.00.

Liquidity Services Stock Down 0.9%

The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 42.38 and a beta of 1.04. The business has a 50 day moving average price of $41.84 and a 200-day moving average price of $37.53.

Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.34 by $0.11. The business had revenue of $129.58 million for 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. Research analysts anticipate that Liquidity Services, Inc. will post 1.16 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP John Daunt sold 715 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $42.75, for a total transaction of $30,566.25. Following the transaction, the executive vice president directly owned 38,086 shares of the company’s stock, valued at approximately $1,628,176.50. The trade was a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 2,145 shares of company stock worth $87,959 in the last 90 days. Company insiders own 28.06% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in Liquidity Services by 5.4% in the 2nd quarter. GAMMA Investing LLC now owns 5,957 shares of the business services provider’s stock worth $233,000 after buying an additional 306 shares in the last quarter. Diversified Trust Co grew its stake in shares of Liquidity Services by 9.0% during the first quarter. Diversified Trust Co now owns 8,955 shares of the business services provider’s stock valued at $274,000 after acquiring an additional 742 shares in the last quarter. Persistent Asset Partners Ltd acquired a new stake in shares of Liquidity Services during the second quarter valued at about $35,000. Quantbot Technologies LP acquired a new stake in shares of Liquidity Services during the second quarter valued at about $53,000. Finally, Principal Financial Group Inc. increased its position in shares of Liquidity Services by 1.5% during the first quarter. Principal Financial Group Inc. now owns 115,271 shares of the business services provider’s stock worth $3,524,000 after acquiring an additional 1,746 shares during the last quarter. 71.15% of the stock is currently owned by hedge funds and other institutional investors.

Liquidity Services Company Profile

Liquidity Services, Inc (NASDAQ: LQDT) operates online marketplaces and related services for managing and selling surplus, returned, and otherwise underutilized assets. The company helps businesses, government agencies, and other organizations recover value from excess inventory and equipment while supporting the reuse and redistribution of goods.

Its marketplace portfolio includes GovDeals, which serves public-sector sellers; Liquidation.com and AllSurplus, which facilitate the sale of surplus and returned merchandise; and Machinio, a search marketplace for used equipment.