Liquidity Services (NASDAQ:LQDT) Reaches New 1-Year High – Still a Buy?

Liquidity Services, Inc. (NASDAQ:LQDT) shares reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $45.00 and last traded at $45.2210, with a volume of 162 shares trading hands. The stock had previously closed at $44.85.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on LQDT. Weiss Ratings raised shares of Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Barrington Research set a $50.00 price target on shares of Liquidity Services in a research report on Friday, August 7th. Wall Street Zen upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Finally, Zacks Research downgraded Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Liquidity Services currently has an average rating of “Moderate Buy” and a consensus target price of $50.00.

Liquidity Services Stock Performance

The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 43.92 and a beta of 1.04. The company’s fifty day moving average price is $42.83 and its 200 day moving average price is $36.73.

Liquidity Services (NASDAQ:LQDT) last issued its earnings results on Thursday, August 6th. The business services provider reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.11. The company had revenue of $129.58 million during the quarter, compared to analyst estimates of $57.83 million. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. As a group, sell-side analysts expect that Liquidity Services, Inc. will post 1.16 earnings per share for the current year.

Insider Buying and Selling at Liquidity Services

In other Liquidity Services news, EVP John Daunt sold 715 shares of the business’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $42.75, for a total transaction of $30,566.25. Following the completion of the transaction, the executive vice president directly owned 38,086 shares of the company’s stock, valued at $1,628,176.50. The trade was a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have sold 2,145 shares of company stock valued at $87,959. 28.06% of the stock is owned by company insiders.

Institutional Investors Weigh In On Liquidity Services

A number of hedge funds have recently made changes to their positions in the business. Persistent Asset Partners Ltd bought a new stake in Liquidity Services during the 2nd quarter valued at $35,000. Quantbot Technologies LP bought a new position in shares of Liquidity Services in the second quarter worth $53,000. USA Financial Formulas bought a new position in shares of Liquidity Services in the third quarter worth $83,000. Meeder Asset Management Inc. bought a new position in shares of Liquidity Services in the first quarter worth $97,000. Finally, Fifth Third Bancorp increased its holdings in shares of Liquidity Services by 4,505.7% during the first 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 period. Institutional investors own 71.15% of the company’s stock.

About Liquidity Services

Liquidity Services, Inc operates online marketplaces and related services for buying and selling surplus, returned, and otherwise excess assets. The company connects governments, businesses, and other organizations with buyers seeking products ranging from consumer goods and industrial equipment to vehicles, heavy machinery, and other capital assets.

Its platforms include GovDeals, which serves public-sector sellers; Liquidation.com, which facilitates the sale of surplus and returned inventory; and Machinio, a marketplace focused on used equipment.