Liquidity Services (NASDAQ:LQDT) Hits New 12-Month High Following Strong Earnings

Liquidity Services, Inc. (NASDAQ:LQDT)’s share price hit a new 52-week high during mid-day trading on Thursday following a stronger than expected earnings report. The stock traded as high as $42.42 and last traded at $42.7680, with a volume of 46390 shares traded. The stock had previously closed at $37.54.

The business services provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.11. Liquidity Services had a return on equity of 18.49% and a net margin of 6.30%.The firm had revenue of $129.58 million for the quarter, compared to the consensus estimate of $57.83 million. Liquidity Services has set its Q4 2026 guidance at 0.410-0.500 EPS.

Analyst Upgrades and Downgrades

LQDT has been the topic of several research analyst reports. Weiss Ratings raised Liquidity Services from a “hold (c+)” rating to a “buy (b-)” rating in a report 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. Zacks Research upgraded shares of Liquidity Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $44.00 price target on shares of Liquidity Services in a research note on Thursday, May 21st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Liquidity Services presently has an average rating of “Moderate Buy” and an average target price of $44.00.

Insider Buying and Selling at Liquidity Services

In other news, CFO Jorge Celaya sold 11,303 shares of the stock in a transaction that occurred 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 completion of the sale, the chief financial officer owned 50,965 shares of the company’s stock, valued at $1,796,006.60. This represents a 18.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP John Daunt sold 10,139 shares of Liquidity Services stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $39.24, for a total value of $397,854.36. Following the completion of the sale, the executive vice president owned 38,086 shares in the company, valued at $1,494,494.64. This represents a 21.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 209,937 shares of company stock worth $7,626,428. Corporate insiders own 28.06% of the company’s stock.

Institutional Investors Weigh In On Liquidity Services

Several institutional investors and hedge funds have recently modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in shares of Liquidity Services by 55.1% in the second quarter. Ameriprise Financial Inc. now owns 1,281,332 shares of the business services provider’s stock valued at $30,227,000 after buying an additional 454,988 shares during the last quarter. Punch & Associates Investment Management Inc. raised its stake in Liquidity Services by 38.9% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 909,743 shares of the business services provider’s stock valued at $24,954,000 after acquiring an additional 254,875 shares during the last quarter. Millennium Management LLC lifted its position in Liquidity Services by 141.9% during the 3rd quarter. Millennium Management LLC now owns 357,707 shares of the business services provider’s stock worth $9,812,000 after acquiring an additional 209,807 shares during the period. Marshall Wace LLP increased its holdings in shares of Liquidity Services by 835.0% in the second quarter. Marshall Wace LLP now owns 181,535 shares of the business services provider’s stock valued at $4,282,000 after purchasing an additional 162,120 shares during the period. Finally, Qube Research & Technologies Ltd lifted its holdings in shares of Liquidity Services by 120.7% during the second quarter. Qube Research & Technologies Ltd now owns 283,301 shares of the business services provider’s stock worth $6,683,000 after purchasing an additional 154,925 shares during the period. Hedge funds and other institutional investors own 71.15% of the company’s stock.

Liquidity Services Trading Up 13.9%

The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 45.91 and a beta of 1.10. The firm’s 50 day simple moving average is $38.15 and its 200-day simple moving average is $34.37.

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.