Liquidity Services (NASDAQ:LQDT) Hits New 52-Week High Following Better-Than-Expected Earnings

Liquidity Services, Inc. (NASDAQ:LQDT)’s share price hit a new 52-week high during trading on Thursday following a better than expected earnings announcement. The company traded as high as $42.42 and last traded at $42.7680, with a volume of 46390 shares changing hands. The stock had previously closed at $37.54.

The business services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.11. The firm had revenue of $129.58 million during the quarter, compared to the consensus estimate of $57.83 million. Liquidity Services had a net margin of 6.30% and a return on equity of 18.49%. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS.

Analyst Ratings Changes

LQDT has been the topic of a number of recent research reports. Weiss Ratings raised Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 24th. Zacks Research raised shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Barrington Research reaffirmed an “outperform” rating and issued a $44.00 price target on shares of Liquidity Services in a research report on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Liquidity Services has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

Insiders Place Their Bets

In other news, Director Jaime Mateus-Tique sold 38,471 shares of the business’s stock in a transaction dated 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 sale, the director owned 164,380 shares in the company, valued at approximately $6,244,796.20. The trade was a 18.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jorge Celaya sold 3,842 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $37.26, for a total transaction of $143,152.92. Following the transaction, the chief financial officer owned 66,895 shares in the company, valued at approximately $2,492,507.70. This trade represents a 5.43% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 209,937 shares of company stock valued at $7,626,428. 28.06% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Liquidity Services

Hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC increased its holdings in shares of Liquidity Services by 451.0% in the second quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock valued at $64,000 after purchasing an additional 2,210 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Liquidity Services by 20.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,114 shares of the business services provider’s stock worth $71,000 after purchasing an additional 363 shares during the period. Meeder Asset Management Inc. purchased a new stake in Liquidity Services in the first quarter valued at approximately $97,000. Fifth Third Bancorp boosted its position in Liquidity Services by 4,505.7% in the first quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock valued at $99,000 after buying an additional 3,154 shares during the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in Liquidity Services in the 4th quarter worth approximately $163,000. 71.15% of the stock is owned by institutional investors and hedge funds.

Liquidity Services Trading Up 13.9%

The company has a market capitalization of $1.33 billion, a PE ratio of 45.91 and a beta of 1.10. The business’s 50-day simple moving average is $38.15 and its 200-day simple moving average is $34.37.

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.