Analysts expect that Liquidity Services, Inc. (NASDAQ:LQDT) will post earnings of ($0.12) per share for the current quarter, according to Zacks. Two analysts have provided estimates for Liquidity Services’ earnings. The lowest EPS estimate is ($0.14) and the highest is ($0.09). Liquidity Services also reported earnings of ($0.12) per share during the same quarter last year. The business is scheduled to issue its next earnings report on Thursday, May 2nd.

On average, analysts expect that Liquidity Services will report full-year earnings of ($0.36) per share for the current fiscal year, with EPS estimates ranging from ($0.40) to ($0.32). For the next fiscal year, analysts anticipate that the firm will report earnings of ($0.23) per share, with EPS estimates ranging from ($0.30) to ($0.16). Zacks’ earnings per share averages are an average based on a survey of analysts that that provide coverage for Liquidity Services.

Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Thursday, February 7th. The business services provider reported ($0.10) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.04. Liquidity Services had a negative net margin of 7.70% and a negative return on equity of 11.08%. The business had revenue of $54.05 million for the quarter, compared to the consensus estimate of $51.34 million.

A number of research analysts have recently commented on LQDT shares. BidaskClub upgraded shares of Liquidity Services from a “hold” rating to a “buy” rating in a report on Thursday, March 21st. Barrington Research restated a “buy” rating and issued a $10.00 price target on shares of Liquidity Services in a report on Monday, February 11th. ValuEngine cut shares of Liquidity Services from a “buy” rating to a “hold” rating in a report on Friday, February 8th. TheStreet cut shares of Liquidity Services from a “c” rating to a “d+” rating in a report on Monday, April 15th. Finally, Zacks Investment Research upgraded shares of Liquidity Services from a “sell” rating to a “hold” rating in a report on Thursday, February 7th. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $9.13.

In other Liquidity Services news, insider James M. Rallo sold 4,908 shares of the stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of $6.93, for a total transaction of $34,012.44. Following the transaction, the insider now directly owns 4,908 shares in the company, valued at approximately $34,012.44. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director George H. Ellis sold 10,500 shares of the stock in a transaction dated Tuesday, February 12th. The stock was sold at an average price of $6.71, for a total transaction of $70,455.00. The disclosure for this sale can be found here. Corporate insiders own 18.70% of the company’s stock.

Institutional investors have recently modified their holdings of the business. Strs Ohio increased its holdings in shares of Liquidity Services by 8.2% during the 1st quarter. Strs Ohio now owns 83,000 shares of the business services provider’s stock valued at $639,000 after purchasing an additional 6,300 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in Liquidity Services in the 1st quarter valued at $77,000. 6 Meridian acquired a new stake in Liquidity Services in the 1st quarter valued at $425,000. National Investment Services Inc. WI acquired a new stake in Liquidity Services in the 1st quarter valued at $283,000. Finally, Geode Capital Management LLC grew its stake in Liquidity Services by 13.6% in the 4th quarter. Geode Capital Management LLC now owns 276,276 shares of the business services provider’s stock valued at $1,704,000 after acquiring an additional 33,047 shares during the period. Institutional investors own 65.05% of the company’s stock.

Shares of LQDT traded up $0.04 during midday trading on Tuesday, hitting $6.48. The stock had a trading volume of 172,468 shares, compared to its average volume of 77,498. Liquidity Services has a 1 year low of $5.17 and a 1 year high of $9.16.

About Liquidity Services

Liquidity Services, Inc provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment offering approximately 500 product categories. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and capital assets; govdeals.com that enables local and state government entities, including city, county, and state agencies to sell surplus and salvage assets, as well as offers a suite of services that includes asset sales and marketing, and seller self-service; and auctiondeals.com, a self-service solution, which enable sellers list their own assets, and enable commercial businesses to sell surplus and salvage assets.

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Earnings History and Estimates for Liquidity Services (NASDAQ:LQDT)

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