Liquidity Services (NASDAQ:LQDT) Upgraded by Zacks Research to “Hold” Rating

Zacks Research upgraded shares of Liquidity Services (NASDAQ:LQDTFree Report) from a strong sell rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings raised shares of Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 24th. Barrington Research reiterated 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 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $44.00.

Read Our Latest Report on Liquidity Services

Liquidity Services Stock Down 2.2%

NASDAQ LQDT opened at $38.45 on Tuesday. The company has a market cap of $1.20 billion, a PE ratio of 41.34 and a beta of 1.07. Liquidity Services has a 52 week low of $21.67 and a 52 week high of $41.28. The firm’s 50-day simple moving average is $37.80 and its two-hundred day simple moving average is $34.13.

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

Insider Transactions at Liquidity Services

In other news, SVP Steven Weiskircher sold 11,477 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $34.23, for a total transaction of $392,857.71. Following the completion of the transaction, the senior vice president directly owned 58,559 shares in the company, valued at $2,004,474.57. The trade was a 16.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jaime Mateus-Tique sold 38,471 shares of the company’s stock in a transaction on 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 completion of the transaction, the director directly owned 164,380 shares in the company, valued at approximately $6,244,796.20. The trade was a 18.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 209,222 shares of company stock worth $7,598,543. 28.06% of the stock is owned by corporate insiders.

Institutional Trading of Liquidity Services

Several institutional investors and hedge funds have recently modified their holdings of LQDT. Intech Investment Management LLC increased its position in shares of Liquidity Services by 344.8% in the fourth quarter. Intech Investment Management LLC now owns 57,560 shares of the business services provider’s stock worth $1,745,000 after purchasing an additional 44,618 shares during the last quarter. Vanguard Group Inc. lifted its position in Liquidity Services by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock valued at $54,974,000 after purchasing an additional 54,045 shares during the last quarter. Horizon Investments LLC bought a new stake in Liquidity Services during the fourth quarter valued at approximately $598,000. Rice Hall James & Associates LLC grew its stake in Liquidity Services by 26.0% in the 4th quarter. Rice Hall James & Associates LLC now owns 586,006 shares of the business services provider’s stock worth $17,762,000 after buying an additional 120,848 shares in the last quarter. Finally, Willis Investment Counsel increased its holdings in shares of Liquidity Services by 49.2% in the 4th quarter. Willis Investment Counsel now owns 124,869 shares of the business services provider’s stock worth $3,785,000 after buying an additional 41,177 shares during the last quarter. Hedge funds and other institutional investors 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.

Read More

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.