Liquidity Services (NASDAQ:LQDT) Rating Increased to Strong-Buy at Zacks Research

Liquidity Services (NASDAQ:LQDT) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other equities research analysts have also weighed in on LQDT. Barrington Research set a $50.00 price target on Liquidity Services in a research report on Friday, August 7th. Wall Street Zen raised shares of Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Finally, Weiss Ratings upgraded Liquidity Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Liquidity Services presently has a consensus rating of “Buy” and a consensus price target of $50.00.

Liquidity Services Price Performance

LQDT stock opened at $41.48 on Thursday. Liquidity Services has a 1 year low of $21.67 and a 1 year high of $44.09. The firm has a 50-day moving average of $39.98 and a 200 day moving average of $35.62. The company has a market cap of $1.30 billion, a P/E ratio of 40.67 and a beta of 1.10.

Liquidity Services (NASDAQ:LQDT) last posted its quarterly earnings data on Thursday, August 6th. The business services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.11. Liquidity Services had a return on equity of 17.60% and a net margin of 6.79%.The business had revenue of $129.58 million for the quarter, compared to analysts’ expectations of $57.83 million. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS. On average, equities research analysts expect that Liquidity Services will post 1.16 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP John Daunt sold 715 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $39.00, for a total value of $27,885.00. Following the completion of the sale, the executive vice president directly owned 38,086 shares in the company, valued at $1,485,354. This represents a 1.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Jorge Celaya sold 3,842 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $37.26, for a total value of $143,152.92. Following the transaction, the chief financial officer owned 66,895 shares of the company’s stock, valued at approximately $2,492,507.70. This trade represents a 5.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 110,148 shares of company stock valued at $4,181,881 in the last 90 days. Company insiders own 28.06% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in LQDT. BlackRock Inc. purchased a new position in Liquidity Services during the 2nd quarter valued at approximately $140,508,000. Vanguard Group Inc. increased its position in Liquidity Services by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 1,813,734 shares of the business services provider’s stock valued at $54,974,000 after acquiring an additional 54,045 shares during the last quarter. Ameriprise Financial Inc. raised its position in Liquidity Services by 55.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock worth $30,227,000 after purchasing an additional 454,988 shares during the period. California State Teachers Retirement System raised its holdings in shares of Liquidity Services by 4,157.6% in the second quarter. California State Teachers Retirement System now owns 983,516 shares of the business services provider’s stock worth $38,475,000 after buying an additional 960,416 shares during the period. Finally, Punch & Associates Investment Management Inc. bought a new stake in shares of Liquidity Services during the second quarter worth $37,349,000. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Liquidity Services Company Profile

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.