Liquidity Services, Inc. (NASDAQ:LQDT - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $35.67 and last traded at $35.21, with a volume of 133484 shares. The stock had previously closed at $34.89.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on LQDT shares. Zacks Research downgraded Liquidity Services from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 7th. Weiss Ratings reiterated a "hold (c)" rating on shares of Liquidity Services in a report on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price target on Liquidity Services in a report on Friday, February 6th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $44.00.
Get Our Latest Research Report on Liquidity Services
Liquidity Services Stock Up 0.9%
The company has a market cap of $1.09 billion, a P/E ratio of 38.27 and a beta of 1.02. The firm has a 50 day moving average of $31.50 and a 200-day moving average of $29.67.
Liquidity Services (NASDAQ:LQDT - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The business services provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.11. Liquidity Services had a return on equity of 19.98% and a net margin of 6.26%.The company had revenue of $121.22 million for the quarter, compared to analysts' expectations of $51.76 million. Liquidity Services has set its Q2 2026 guidance at 0.290-0.380 EPS. On average, research analysts predict that Liquidity Services, Inc. will post 1.01 EPS for the current fiscal year.
Insider Buying and Selling
In other Liquidity Services news, EVP John Daunt sold 2,600 shares of the company's stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $33.02, for a total transaction of $85,852.00. Following the completion of the sale, the executive vice president owned 42,852 shares in the company, valued at $1,414,973.04. This represents a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jaime Mateus-Tique sold 52,061 shares of the company's stock in a transaction on Monday, February 9th. The stock was sold at an average price of $33.20, for a total value of $1,728,425.20. Following the sale, the director owned 99,111 shares of the company's stock, valued at approximately $3,290,485.20. This represents a 34.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 85,957 shares of company stock valued at $2,847,551 over the last quarter. 28.06% of the stock is owned by corporate insiders.
Institutional Trading of Liquidity Services
A number of hedge funds have recently bought and sold shares of LQDT. Ameriprise Financial Inc. lifted its holdings 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 buying an additional 454,988 shares during the period. Punch & Associates Investment Management Inc. lifted its holdings 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 worth $24,954,000 after buying an additional 254,875 shares during the period. Millennium Management LLC lifted its holdings in Liquidity Services by 141.9% during the third quarter. Millennium Management LLC now owns 357,707 shares of the business services provider's stock worth $9,812,000 after buying an additional 209,807 shares during the period. Marshall Wace LLP lifted its holdings in Liquidity Services by 835.0% during the second quarter. Marshall Wace LLP now owns 181,535 shares of the business services provider's stock worth $4,282,000 after buying an additional 162,120 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings 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 buying 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
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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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