Liquidity Services (NASDAQ:LQDT) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday.

Several other equities research analysts have also issued reports on LQDT. Zacks Investment Research lowered Liquidity Services from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 4th. ValuEngine lowered Liquidity Services from a “hold” rating to a “sell” rating in a research note on Saturday, October 6th. Barrington Research reaffirmed a “buy” rating and set a $10.00 price target on shares of Liquidity Services in a research note on Monday, December 3rd. Finally, TheStreet raised Liquidity Services from a “d” rating to a “c-” rating in a research note on Wednesday, December 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. Liquidity Services presently has a consensus rating of “Hold” and a consensus target price of $9.13.

Liquidity Services stock opened at $8.45 on Tuesday. Liquidity Services has a 52 week low of $4.70 and a 52 week high of $9.16. The stock has a market cap of $282.16 million, a P/E ratio of -16.90 and a beta of 0.82.

Liquidity Services (NASDAQ:LQDT) last issued its quarterly earnings results on Thursday, December 6th. The business services provider reported ($0.14) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.14). Liquidity Services had a negative return on equity of 11.97% and a negative net margin of 5.60%. The firm had revenue of $52.71 million during the quarter, compared to analyst estimates of $48.36 million. As a group, equities research analysts predict that Liquidity Services will post -0.34 EPS for the current year.

In other Liquidity Services news, insider James M. Rallo sold 4,090 shares of Liquidity Services stock in a transaction dated Wednesday, January 2nd. The stock was sold at an average price of $6.12, for a total transaction of $25,030.80. Following the completion of the sale, the insider now owns 4,090 shares of the company’s stock, valued at $25,030.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider James M. Rallo sold 4,785 shares of the business’s stock in a transaction dated Friday, December 7th. The shares were sold at an average price of $6.99, for a total value of $33,447.15. Following the completion of the sale, the insider now directly owns 4,785 shares of the company’s stock, valued at approximately $33,447.15. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,691 shares of company stock valued at $133,570. Corporate insiders own 22.10% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LQDT. BlackRock Inc. lifted its stake in shares of Liquidity Services by 7.0% in the 3rd quarter. BlackRock Inc. now owns 3,861,127 shares of the business services provider’s stock valued at $24,517,000 after acquiring an additional 253,142 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Liquidity Services in the 3rd quarter valued at about $1,470,000. Dimensional Fund Advisors LP lifted its stake in shares of Liquidity Services by 8.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,434,945 shares of the business services provider’s stock valued at $9,399,000 after acquiring an additional 114,540 shares during the last quarter. Vanguard Group Inc lifted its stake in shares of Liquidity Services by 4.3% in the 3rd quarter. Vanguard Group Inc now owns 1,581,353 shares of the business services provider’s stock valued at $10,042,000 after acquiring an additional 65,153 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Liquidity Services by 4.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,581,353 shares of the business services provider’s stock valued at $10,042,000 after acquiring an additional 65,153 shares during the last quarter. 65.20% of the stock is owned by institutional investors.

About Liquidity Services

Liquidity Services, Inc provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment offering approximately 500 product categories. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and capital assets; govdeals.com that enables local and state government entities, including city, county, and state agencies to sell surplus and salvage assets, as well as offers a suite of services that includes asset sales and marketing, and seller self-service; and auctiondeals.com, a self-service solution, which enable sellers list their own assets, and enable commercial businesses to sell surplus and salvage assets.

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