Liquidity Services (NASDAQ:LQDT – Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th. Liquidity Services has set its Q2 2024 guidance at 0.170-0.270 EPS.Parties interested in listening to the company’s conference call can do so using this link.
Liquidity Services (NASDAQ:LQDT – Get Free Report) last posted its earnings results on Thursday, February 8th. The business services provider reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). The company had revenue of $71.33 million for the quarter. Liquidity Services had a return on equity of 17.62% and a net margin of 6.03%.
Liquidity Services Price Performance
Liquidity Services stock opened at $18.23 on Wednesday. The company has a market capitalization of $560.03 million, a PE ratio of 30.38 and a beta of 1.38. Liquidity Services has a one year low of $12.97 and a one year high of $21.10. The business has a 50 day simple moving average of $17.86 and a 200 day simple moving average of $17.99.
Insider Activity
Analyst Upgrades and Downgrades
LQDT has been the subject of several analyst reports. TheStreet downgraded Liquidity Services from a “b-” rating to a “c+” rating in a research report on Thursday, February 8th. StockNews.com upgraded Liquidity Services from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 3rd. Finally, Barrington Research restated an “outperform” rating and set a $27.00 target price on shares of Liquidity Services in a research report on Monday.
View Our Latest Research Report on LQDT
About Liquidity Services
Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.
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