Is Liquidity Services, Inc. (LQDT)’s Fuel For Real? The Stock Just Increased Again

September 17, 2017 - By Clifton Ray

Investors sentiment decreased to 1.22 in Q4 2016. Its down 0.39, from 1.61 in 2016Q3. It fall, as 14 investors sold Liquidity Services, Inc. shares while 36 reduced holdings. 16 funds opened positions while 45 raised stakes. 20.44 million shares or 3.29% more from 19.79 million shares in 2016Q3 were reported.
Ny State Common Retirement Fund stated it has 36,028 shares or 0% of all its holdings. Morgan Stanley holds 0% or 232,751 shares in its portfolio. Tfs Capital Ltd has invested 0.26% in Liquidity Services, Inc. (NASDAQ:LQDT). Thompson Siegel & Walmsley Limited Liability Com invested in 0% or 900 shares. 34,400 were reported by Bessemer Gp. Federated Invsts Pa holds 0% or 588 shares. Geode Capital Management Ltd owns 176,149 shares. Harber Asset Limited Liability Company stated it has 1.39% of its portfolio in Liquidity Services, Inc. (NASDAQ:LQDT). Pinebridge Invs L P reported 3,049 shares. Prelude Mngmt Limited Company invested in 13,619 shares. Connor Clark & Lunn Mgmt Ltd has 0.02% invested in Liquidity Services, Inc. (NASDAQ:LQDT) for 367,700 shares. California Employees Retirement System has 264,800 shares for 0% of their portfolio. D E Shaw invested in 805,359 shares or 0.01% of the stock. Goldman Sachs Inc invested in 0% or 209,003 shares. Sector Pension Investment Board owns 17,274 shares or 0% of their US portfolio.

Since April 3, 2017, it had 0 buys, and 2 insider sales for $85,361 activity. 3,500 shares valued at $26,635 were sold by Sweeney Michael E on Monday, April 3. 7,717 shares were sold by Rallo James M, worth $58,726.

The stock of Liquidity Services, Inc. (NASDAQ:LQDT) is a huge mover today! The stock increased 3.51% or $0.2 on September 15, reaching $5.9. About 404,619 shares traded or 193.85% up from the average. Liquidity Services, Inc. (NASDAQ:LQDT) has risen 10.20% since September 17, 2016 and is uptrending. It has underperformed by 6.50% the S&P500.
The move comes after 6 months positive chart setup for the $185.87 million company. It was reported on Sep, 17 by Barchart.com. We have $6.25 PT which if reached, will make NASDAQ:LQDT worth $11.15M more.

Wall Street await Liquidity Services, Inc. (NASDAQ:LQDT) to release earnings on November, 16. Analysts forecast EPS of $-0.26, down exactly $0.14 or 116.67 % from 2014’s $-0.12 EPS. After posting $-0.22 EPS for the previous quarter, Liquidity Services, Inc.’s analysts now forecast 18.18 % negative EPS growth.

Liquidity Services, Inc. (NASDAQ:LQDT) Ratings Coverage

Among 4 analysts covering Liquidity Services (NASDAQ:LQDT), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Liquidity Services had 8 analyst reports since November 20, 2015 according to SRatingsIntel. The firm has “Hold” rating by Benchmark given on Friday, May 6. As per Friday, November 20, the company rating was maintained by RBC Capital Markets. The company was maintained on Friday, February 5 by RBC Capital Markets. The stock of Liquidity Services, Inc. (NASDAQ:LQDT) has “Hold” rating given on Friday, November 20 by Benchmark.

More notable recent Liquidity Services, Inc. (NASDAQ:LQDT) news were published by: Seekingalpha.com which released: “Liquidity Services’ (LQDT) CEO Bill Angrick on Q3 2017 Results – Earnings Call …” on August 07, 2017, also Seekingalpha.com with their article: “Liquidity Services’ (LQDT) CEO Bill Angrick on Q2 2017 Results – Earnings Call …” published on May 07, 2017, Seekingalpha.com published: “Liquidity Services’ (LQDT) CEO Bill Angrick on Q1 2017 Results – Earnings Call …” on February 09, 2017. More interesting news about Liquidity Services, Inc. (NASDAQ:LQDT) were released by: Fool.com and their article: “Why Liquidity Services Inc. Stock Popped Today” published on December 02, 2016 as well as Seekingalpha.com‘s news article titled: “Liquidity Services: Hidden Growth Comes To The Surface” with publication date: May 09, 2017.

Liquidity Services, Inc. operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an automated environment. The company has market cap of $185.87 million. The Firm employs e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. It currently has negative earnings. The Company’s marketplaces provide professional buyers access to a global supply of new, surplus and scrap assets presented with digital images and other relevant product information.

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