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Shares of Liquidity Services (NASDAQ:LQDT) have earned a consensus rating of “Hold” from the ten analysts that are presently covering the stock, AnalystRatings.NET reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $20.83.

A number of research firms have recently commented on LQDT. Analysts at RBC Capital cut their price target on shares of Liquidity Services from $15.00 to $14.00 in a research note on Friday. Analysts at Benchmark Co. downgraded shares of Liquidity Services from a “buy” rating to a “hold” rating in a research note on Thursday, June 5th. They now have a $16.00 price target on the stock, down previously from $29.00.

Shares of Liquidity Services (NASDAQ:LQDT) traded up 5.65% on Monday, hitting $14.02. The stock had a trading volume of 96,450 shares. Liquidity Services has a 52-week low of $12.05 and a 52-week high of $38.31. The stock has a 50-day moving average of $14. and a 200-day moving average of $18.83. The company has a market cap of $415.5 million and a P/E ratio of 10.21.

Liquidity Services (NASDAQ:LQDT) last released its earnings data on Thursday, August 7th. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.27 by $0.04. The company had revenue of $127.00 million for the quarter, compared to the consensus estimate of $122.90 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. Analysts expect that Liquidity Services will post $1.04 EPS for the current fiscal year.

Liquidity Services, Inc is an auction marketplace for surplus and salvage assets. The Company enables buyers and sellers to transact in an automated online auction environment offering over 500 product categories.

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