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

Liquidity Services (NASDAQ:LQDTGet Free Report) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings raised shares of Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 24th. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Barrington Research restated an “outperform” rating and issued a $44.00 target price on shares of Liquidity Services in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $44.00.

View Our Latest Stock Report on LQDT

Liquidity Services Trading Down 2.2%

Shares of Liquidity Services stock opened at $38.45 on Tuesday. The firm has a market cap of $1.20 billion, a PE ratio of 41.34 and a beta of 1.07. The stock has a 50 day moving average of $37.80 and a 200 day moving average of $34.13. Liquidity Services has a 12 month low of $21.67 and a 12 month high of $41.28.

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

Insider Transactions at Liquidity Services

In other news, CFO Jorge Celaya sold 11,303 shares of the stock in a transaction 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 sale, the chief financial officer owned 50,965 shares of the company’s stock, valued at approximately $1,796,006.60. This represents a 18.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP John Daunt sold 10,139 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $39.24, for a total transaction of $397,854.36. Following the completion of the sale, the executive vice president owned 38,086 shares of the company’s stock, valued at $1,494,494.64. This trade represents a 21.02% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 209,222 shares of company stock worth $7,598,543. 28.06% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Liquidity Services

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

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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