Liquidity Services (NASDAQ:LQDT – Get Rating) will announce its earnings results before the market opens on Thursday, May 5th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Liquidity Services (NASDAQ:LQDT – Get Rating) last posted its quarterly earnings results on Thursday, February 3rd. The business services provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.11. Liquidity Services had a net margin of 18.64% and a return on equity of 25.31%. The business had revenue of $66.71 million during the quarter.
LQDT opened at $15.10 on Thursday. Liquidity Services has a 1-year low of $14.64 and a 1-year high of $30.00. The company has a market cap of $535.91 million, a price-to-earnings ratio of 10.63 and a beta of 1.17. The company’s fifty day moving average price is $17.37 and its two-hundred day moving average price is $19.77.
In other Liquidity Services news, insider John Daunt sold 4,594 shares of the firm’s stock in a transaction on Thursday, March 31st. The stock was sold at an average price of $17.85, for a total transaction of $82,002.90. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 29.90% of the company’s stock.
Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of Liquidity Services by 48.5% in the 3rd quarter. Royal Bank of Canada now owns 4,221 shares of the business services provider’s stock worth $91,000 after buying an additional 1,379 shares during the last quarter. UBS Group AG lifted its holdings in Liquidity Services by 24,360.0% during the third quarter. UBS Group AG now owns 13,453 shares of the business services provider’s stock worth $290,000 after acquiring an additional 13,398 shares during the period. Alliancebernstein L.P. boosted its position in Liquidity Services by 12.0% in the fourth quarter. Alliancebernstein L.P. now owns 17,188 shares of the business services provider’s stock worth $380,000 after purchasing an additional 1,848 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Liquidity Services by 85.9% in the 4th quarter. JPMorgan Chase & Co. now owns 18,161 shares of the business services provider’s stock valued at $401,000 after purchasing an additional 8,392 shares during the period. Finally, Credit Suisse AG purchased a new stake in shares of Liquidity Services during the 4th quarter valued at $426,000. 68.20% of the stock is currently owned by hedge funds and other institutional investors.
Liquidity Services Company Profile (Get Rating)
Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services. It operates through four segments: Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio. The company's 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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