Liquidity Services (NASDAQ:LQDT) Hits New 12-Month High – Still a Buy?

by · The Markets Daily

Liquidity Services, Inc. (NASDAQ:LQDT – Get Free Report) shares reached a new 52-week high during 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.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on LQDT shares. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. Zacks Research downgraded shares of Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 12th. Barrington Research set a $50.00 price target on Liquidity Services in a report on Friday, August 7th. Finally, Weiss Ratings upgraded Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $50.00.

Read Our Latest Analysis on LQDT

Liquidity Services Price Performance

The stock has a market capitalization of $1.41 billion, a P/E ratio of 43.94 and a beta of 1.04. The business’s 50 day moving average price is $42.72 and its 200 day moving average price is $39.01.

Liquidity Services (NASDAQ:LQDT – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The business services provider reported $0.45 EPS for the quarter, beating the consensus estimate of $0.34 by $0.11. Liquidity Services had a net margin of 6.79% and a return on equity of 17.60%. The firm 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, analysts forecast that Liquidity Services, Inc. will post 1.16 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Liquidity Services news, EVP John Daunt sold 715 shares of Liquidity Services stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $42.75, for a total value of $30,566.25. Following the sale, the executive vice president directly owned 38,086 shares in the company, valued at approximately $1,628,176.50. The trade was a 1.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 2,145 shares of company stock valued at $87,959. 28.06% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Liquidity Services

Several large investors have recently added to or reduced their stakes in LQDT. BlackRock Inc. bought a new position in Liquidity Services during the 2nd quarter valued at about $140,508,000. Punch & Associates Investment Management Inc. bought a new position in shares of Liquidity Services during the 2nd quarter worth $37,349,000. Rice Hall James & Associates LLC bought a new stake in shares of Liquidity Services in the second quarter valued at about $23,804,000. Willis Investment Counsel boosted its stake in shares of Liquidity Services by 9.8% during the third quarter. Willis Investment Counsel now owns 212,377 shares of the business services provider’s stock valued at $9,096,000 after purchasing an additional 18,936 shares in the last quarter. Finally, Access Investment Management LLC boosted its position in Liquidity Services by 2.4% during the 3rd quarter. Access Investment Management LLC now owns 185,241 shares of the business services provider’s stock valued at $7,934,000 after acquiring an additional 4,315 shares in the last quarter. 71.15% of the stock is owned by institutional investors.

About Liquidity Services

(Get Free Report)

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.

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