It’s Time to Buy the lift in Liquidity Services Inc. [LQDT] Stock

In a recent bid Liquidity Services Inc. [LQDT] faced a contemporary bid of $14.90 yielding a 57.51% incline where 1.9 million shares have exchanged hands over the last week. LQDT amount got a boost by 41.50% or $4.37 versus $10.53 at the end of the prior session. This change led market cap to move at 496.02M, putting the price 395.02% below the 52-week high and 31.39% above the 52-week low. The company’s stock has a normal trading capacity of 1.9 million shares while the relative volume is 8.06.

On 8, December 2020, Liquidity Services, Inc. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / December 8, 2020 / Liquidity Services, Inc. (NASDAQ:LQDT) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on December 8, 2020 at 10:30 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Liquidity Services Inc. [NASDAQ:LQDT] stock was on February 05, 2016, when it was Reiterated with a Sector perform rating from RBC Capital Mkts, which also lowered its 12-month price target on the stock from $8 to $6. Before that, on May 06, 2016, The Benchmark Company Recapitulated a Hold rating and elevated its amount target to $6.50. On November 20, 2015, RBC Capital Mkts Reiterated a Sector perform rating and plunged its price target on this stock from $11 to $8. On May 09, 2014, RBC Capital Mkts Downgrade a Sector perform rating and decreased its price target from $30 to $15. On April 03, 2014, Robert W. Baird Downgrade a Neutral rating. On November 22, 2013, The Benchmark Company Reiterated a Buy rating and boosted its amount target on this stock to $27. On November 20, 2013, The Benchmark Company Reiterated a Buy rating and decreased its target amount on this stock from $40 to $33. On September 10, 2013, The Benchmark Company Reiterated a Buy rating and improved its amount target to $40.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.01 and a peak of $11.34. Right now, according to Wall Street analyst the average 12-month amount target is $12.00. At the most recent market close, shares of Liquidity Services Inc. [NASDAQ:LQDT] were valued at $14.90. According to the average price forecast, investors can expect a potential return of 25.0%.

FUNDAMENTAL ANALYSIS

Liquidity Services Inc. [NASDAQ:LQDT] most recently reported quarterly sales of 47.72 billion, which represented growth of -16.20%. This publicly-traded organization’s revenue is $329,731 per employee, while its income is -$28,035 per employee. This company’s Gross Margin is currently 51.80%, its Operating Margin is -7.00%, its Pretax Margin is -7.97, and its Net Margin is -8.50. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -9.90, -15.67, -11.64 and -15.67 respectively.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 12.31 points at 1st support level, the second support level is making up to 9.71. But as of 1st resistance point, this stock is sitting at 16.35 and at 17.79 for 2nd resistance point.

Liquidity Services Inc. [LQDT] reported its earnings at $0.23 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.01/share signifying the difference of 0.22 and 2,200.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.05 calling estimates for -$0.15/share with the difference of 0.2 depicting the surprise of 133.30%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Liquidity Services Inc. [NASDAQ:LQDT] is 1.20. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.97. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.08 and it’s amount to book ratio is 2.15.

Insider Stories

The most recent insider trade was by Angrick William P III, Chairman of the Board and CEO, and it was the purchase of 49194.0 shares on Oct 05. Angrick William P III, the Chairman of the Board and CEO, completed a purchase of 45373.0 shares on Oct 02. On Aug 03, Guzman Sam, VP & Chief Accounting Officer, completed a sale of 10000.0 shares.