Liquidity Services, Inc. (NASDAQ:LQDT) – Analysts at Barrington Research issued their Q1 2019 earnings per share (EPS) estimates for shares of Liquidity Services in a research note issued to investors on Tuesday. Barrington Research analyst G. Prestopino forecasts that the business services provider will post earnings per share of ($0.09) for the quarter. Barrington Research also issued estimates for Liquidity Services’ Q2 2019 earnings at $0.00 EPS, Q3 2019 earnings at $0.01 EPS, Q4 2019 earnings at $0.00 EPS and FY2019 earnings at ($0.08) EPS.

Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Tuesday, December 5th. The business services provider reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.07). Liquidity Services had a negative return on equity of 21.96% and a negative net margin of 14.51%. The company had revenue of $61.40 million during the quarter, compared to analysts’ expectations of $64.10 million. During the same quarter last year, the firm posted ($0.02) earnings per share. The firm’s revenue was down 21.8% on a year-over-year basis.

Other analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Liquidity Services from a “sell” rating to a “hold” rating in a research report on Saturday, September 23rd. ValuEngine upgraded shares of Liquidity Services from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st.

Liquidity Services (NASDAQ LQDT) traded up $0.20 during midday trading on Thursday, reaching $4.70. 199,794 shares of the company’s stock traded hands, compared to its average volume of 117,148. Liquidity Services has a twelve month low of $4.34 and a twelve month high of $10.45.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Texas Permanent School Fund boosted its position in Liquidity Services by 1.2% during the second quarter. Texas Permanent School Fund now owns 17,931 shares of the business services provider’s stock valued at $114,000 after buying an additional 204 shares during the period. Schwab Charles Investment Management Inc. raised its stake in shares of Liquidity Services by 0.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 98,702 shares of the business services provider’s stock valued at $627,000 after acquiring an additional 513 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Liquidity Services by 0.4% during the second quarter. Principal Financial Group Inc. now owns 186,799 shares of the business services provider’s stock valued at $1,186,000 after acquiring an additional 695 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Liquidity Services by 2.0% during the second quarter. Rhumbline Advisers now owns 51,082 shares of the business services provider’s stock valued at $324,000 after acquiring an additional 1,020 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its stake in shares of Liquidity Services by 16.2% during the first quarter. Public Employees Retirement System of Ohio now owns 13,017 shares of the business services provider’s stock valued at $104,000 after acquiring an additional 1,816 shares during the last quarter. Institutional investors and hedge funds own 67.39% of the company’s stock.

In other Liquidity Services news, insider James M. Rallo sold 15,270 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $5.80, for a total transaction of $88,566.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Roger Gravley sold 8,545 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $5.80, for a total transaction of $49,561.00. Following the sale, the insider now owns 9,702 shares of the company’s stock, valued at $56,271.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,869 shares of company stock valued at $200,250. Company insiders own 22.30% of the company’s stock.

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Liquidity Services Company Profile

Liquidity Services, Inc operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an automated environment. The Company employs e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The Company’s marketplaces provide professional buyers access to a global supply of new, surplus and scrap assets presented with digital images and other relevant product information.

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

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