Liquidity Services (NASDAQ:LQDT) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Liquidity Services (NASDAQ:LQDTGet Free Report) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday.

Several other brokerages have also recently issued reports on LQDT. Barrington Research restated an “outperform” rating and set a $44.00 price objective on shares of Liquidity Services in a research note on Thursday, May 21st. Zacks Research lowered shares of Liquidity Services from a “hold” rating to a “strong sell” rating in a research note on Monday, June 29th. Finally, Weiss Ratings raised shares of Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $44.00.

Check Out Our Latest Research Report on Liquidity Services

Liquidity Services Price Performance

NASDAQ:LQDT opened at $38.36 on Friday. The business’s 50 day moving average is $36.40 and its two-hundred day moving average is $33.14. Liquidity Services has a 52 week low of $21.67 and a 52 week high of $39.93. The company has a market cap of $1.20 billion, a PE ratio of 41.25 and a beta of 1.07.

Liquidity Services (NASDAQ:LQDTGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The business services provider reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.05. Liquidity Services had a return on equity of 18.49% and a net margin of 6.30%.The business had revenue of $120.73 million during 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. As a group, sell-side analysts expect that Liquidity Services will post 1 EPS for the current fiscal year.

Insider Activity at Liquidity Services

In related news, SVP Steven Weiskircher sold 11,477 shares of the firm’s stock in a transaction that occurred 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 owned 58,559 shares of the company’s stock, valued at approximately $2,004,474.57. This trade represents a 16.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jorge Celaya sold 11,303 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $35.24, for a total value of $398,317.72. Following the transaction, the chief financial officer owned 50,965 shares of the company’s stock, valued at $1,796,006.60. This represents a 18.15% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 213,960 shares of company stock valued at $7,757,473. 28.06% of the stock is owned by insiders.

Institutional Investors Weigh In On Liquidity Services

Several large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC boosted its holdings in shares of Liquidity Services by 451.0% during the second quarter. Tower Research Capital LLC TRC now owns 2,700 shares of the business services provider’s stock valued at $64,000 after acquiring an additional 2,210 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Liquidity Services by 20.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,114 shares of the business services provider’s stock worth $71,000 after acquiring an additional 363 shares during the period. Meeder Asset Management Inc. bought a new stake in Liquidity Services in the 1st quarter valued at about $97,000. Fifth Third Bancorp lifted its position in Liquidity Services by 4,505.7% in the 1st quarter. Fifth Third Bancorp now owns 3,224 shares of the business services provider’s stock valued at $99,000 after purchasing an additional 3,154 shares during the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in Liquidity Services during the 4th quarter valued at about $163,000. 71.15% of the stock is owned by institutional investors and hedge funds.

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.

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