Liquidity Services (NASDAQ:LQDT) Hits New 1-Year High – What’s Next?

Liquidity Services, Inc. (NASDAQ:LQDTGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $39.93 and last traded at $39.09, with a volume of 282807 shares. The stock had previously closed at $39.09.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on LQDT shares. Weiss Ratings raised shares of Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 24th. Barrington Research restated an “outperform” rating and issued a $44.00 target price on shares of Liquidity Services in a research note on Thursday, May 21st. Wall Street Zen cut Liquidity Services from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Finally, Zacks Research downgraded Liquidity Services from a “hold” rating to a “strong sell” rating in a report on Monday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $44.00.

Check Out Our Latest Analysis on LQDT

Liquidity Services Trading Down 1.1%

The company’s 50-day moving average price is $36.23 and its two-hundred day moving average price is $33.05. The company has a market cap of $1.21 billion, a P/E ratio of 41.61 and a beta of 1.07.

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

Insider Buying and Selling

In other news, VP Mark A. Shaffer sold 45,246 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $34.00, for a total transaction of $1,538,364.00. Following the completion of the sale, the vice president owned 28,398 shares in the company, valued at approximately $965,532. This represents a 61.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Steven Weiskircher sold 11,477 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $34.23, for a total value of $392,857.71. Following the sale, the senior vice president directly owned 58,559 shares of the company’s stock, valued at approximately $2,004,474.57. This represents a 16.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 213,960 shares of company stock valued at $7,757,473 in the last three months. Insiders own 28.06% of the company’s stock.

Hedge Funds Weigh In On Liquidity Services

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ameriprise Financial Inc. raised its holdings in Liquidity Services by 55.1% during the 2nd 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. increased its position in shares of Liquidity Services by 38.9% in 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 acquiring an additional 254,875 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Liquidity Services by 141.9% during the third 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 raised its holdings in shares of Liquidity Services by 835.0% during the second quarter. Marshall Wace LLP now owns 181,535 shares of the business services provider’s stock valued at $4,282,000 after acquiring an additional 162,120 shares during the period. Finally, Qube Research & Technologies Ltd lifted its position in shares of Liquidity Services by 120.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 283,301 shares of the business services provider’s stock valued at $6,683,000 after acquiring an additional 154,925 shares in the last quarter. Institutional investors and hedge funds own 71.15% of the company’s stock.

About Liquidity Services

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Liquidity Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidity Services and related companies with MarketBeat.com's FREE daily email newsletter.