At the time of writing, Liquidity Services Inc [LQDT] stock is trading at $19.26, up 5.65%. An important factor to consider is whether the stock is rising or falling in short-term value. The LQDT shares have gain 10.69% over the last week, with a monthly amount glided 3.05%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Liquidity Services Inc [NASDAQ: LQDT] stock has seen the most recent analyst activity on June 27, 2022, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $28. Previously, The Benchmark Company reaffirmed its Hold rating on May 06, 2016, and elevated its price target to $6.50. On February 05, 2016, RBC Capital Mkts reiterated its Sector Perform rating and revised its price target to $6 on the stock. RBC Capital Mkts reiterated its Sector Perform rating and decreased its price target to $8 on November 20, 2015. RBC Capital Mkts downgraded its rating to a Sector Perform and reduced its price target to $15 on May 09, 2014. Robert W. Baird downgraded its rating to Neutral for this stock on April 03, 2014. In a note dated November 22, 2013, The Benchmark Company reiterated an Buy rating on this stock and revised its target price from $33 to $27.
For the past year, the stock price of Liquidity Services Inc fluctuated between $12.97 and $21.10. Liquidity Services Inc [NASDAQ: LQDT] shares were valued at $19.26 at the most recent close of the market.
Analyzing the LQDT fundamentals
According to Liquidity Services Inc [NASDAQ:LQDT], the company’s sales were 313.50M for trailing twelve months, which represents an -1.32% plunge. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.12 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.40 points at the first support level, and at 17.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.77, and for the 2nd resistance point, it is at 20.28.
Liquidity Services Inc [LQDT] reported earnings per share of $0.14 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.15/share, meaning a difference of -$0.01 and a surprise factor of -6.70%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.26 per share as compared to estimates of $0.24 per share, a difference of $0.02 representing a surprise of 8.30%.
Ratios To Look Out For
It is important to note that Liquidity Services Inc [NASDAQ:LQDT] has a current ratio of 1.27. On the other hand, the Quick Ratio is 1.13, and the Cash Ratio is 0.92. Considering the valuation of this stock, the price to sales ratio is 1.89, the price to book ratio is 3.57 and price to earnings (TTM) ratio is 32.34.
Transactions by insiders
Recent insider trading involved ELLIS GEORGE H, Director, that happened on Feb 27 ’24 when 6000.0 shares were sold. SVP & CTO, Weiskircher Steven completed a deal on Sep 07 ’23 to sell 6964.0 shares. Meanwhile, Chairman & CEO Angrick William P III sold 1570.0 shares on Sep 06 ’23.
