Press coverage about Liquidity Services (NASDAQ:LQDT) has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Liquidity Services earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 46.5172522637305 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several research analysts have commented on the stock. Zacks Investment Research upgraded shares of Liquidity Services from a “hold” rating to a “buy” rating and set a $8.00 price objective for the company in a research report on Wednesday, March 14th. ValuEngine downgraded shares of Liquidity Services from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 8th. Finally, Barrington Research set a $10.00 price target on shares of Liquidity Services and gave the stock a “buy” rating in a report on Tuesday, May 1st.
Get Liquidity Services alerts:Shares of Liquidity Services traded down $0.05, hitting $5.60, during trading on Monday, MarketBeat Ratings reports. 52,649 shares of the company were exchanged, compared to its average volume of 75,781. Liquidity Services has a 1-year low of $4.34 and a 1-year high of $7.65. The company has a market capitalization of $179.77 million, a PE ratio of -5.71 and a beta of 0.60.
Liquidity Services (NASDAQ:LQDT) last announced its earnings results on Thursday, May 3rd. The business services provider reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.02. Liquidity Services had a negative net margin of 12.72% and a negative return on equity of 19.31%. The company had revenue of $43.10 million for the quarter, compared to analysts’ expectations of $60.16 million. sell-side analysts expect that Liquidity Services will post -0.71 earnings per share for the current fiscal year.
In other Liquidity Services news, insider Roger Gravley sold 12,385 shares of Liquidity Services stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $6.23, for a total transaction of $77,158.55. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 22.10% of the company’s stock.
Liquidity Services Company Profile
Liquidity Services, Inc provides e-commerce marketplace solutions to manage, value, and sell inventory and equipment for business and government clients in the United States. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and capital assets; govliquidation.com, which enables federal government agencies and commercial businesses to sell surplus and scrap assets; govdeals.com that enables local and state government entities, school boards, and public utilities to sell surplus and salvage assets; auctiondeals.com self-service solution which enable sellers list their assets to commercial businesses to sell surplus and salvage assets.
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