Liquidity Services Inc (NASDAQ:LQDT) price on Friday, March 21, rose 2.27% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $31.60.
A look at the stock’s price movement, the close in the last trading session was $30.90, moving within a range at $30.33 and $31.66. The beta value (5-Year monthly) was 1.263 while the PE ratio in trailing twelve months stood at 41.94. Turning to its 52-week performance, $39.72 and $16.79 were the 52-week high and 52-week low respectively. Overall, LQDT moved -11.09% over the past month.
Liquidity Services Inc’s market cap currently stands at around $980.84 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 125.2M for the company’s revenue for the quarter, with a low and high estimate of 125.2M and 125.2M respectively. The average forecast suggests up to a 36.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 488.9M, representing a 34.57% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LQDT is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
LQDT’s current price about 1.07% and -5.56% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.59, while 7-day volatility ratio is 3.87% and 4.00% in the 30-day chart. Further, Liquidity Services Inc (LQDT) has a beta value of 1.40, and an average true range (ATR) of 1.32. Analysts have given the company’s stock an average 52-week price target of $37, forecast between a low of $37 and high of $37. Looking at the price targets, the low is -17.09% off current price level while to achieve the yearly target high, price needs to move -17.09%. Nonetheless, investors will most likely welcome a -17.09% jump to $37 which is the analysts’ median price.
If we refocus on Liquidity Services Inc (NASDAQ:LQDT), historical trading data shows that trading volumes averaged 0.33 over the past 10 days and 310.98K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.78 million shares.
The 24.97% of Liquidity Services Inc’s shares are in the hands of company insiders while institutional holders own 71.63% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.49 million on 2025-02-28, giving us a short ratio of 3.67. The data shows that as of 2025-02-28 short interest in Liquidity Services Inc (LQDT) stood at 751.00005 of shares outstanding, with shares short rising to 1.03 million registered in 2025-01-31. Current price change has pushed the stock -2.14% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LQDT stock continues to rise going into the next quarter.
