The Liquidity Services Inc (LQDT) share price is expected to increase by 25.74% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered LQDT. Price targets range from $27 at the low end to $28 at the high end. The current analyst consensus for LQDT is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Liquidity Services Inc has a total of 3 Wall St Analyst ratings. There are 0 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Liquidity Services Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of LQDT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | Aug 26, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | Aug 8, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | Aug 5, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | May 28, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | May 14, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | May 9, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | May 6, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Reiterates | Feb 13, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Reiterates | Feb 8, 2024 |
Gary Prestopino Barrington Research | Outperform | $27 | Reiterates | Dec 11, 2023 |
Gary Prestopino Barrington Research | Outperform | $27 | Maintains | Aug 15, 2023 |
Gary Prestopino Barrington Research | Outperform | $20 | Reiterates | May 2, 2023 |
Gary Prestopino Barrington Research | Outperform | $20 | Reiterates | Feb 7, 2023 |
George Sutton Craig-Hallum | Buy | $28 | Initiates | Jun 27, 2022 |
Benchmark | Hold | $7.5 | Maintains | Nov 20, 2015 |
B of A Securities | Underperform | $9 | Maintains | Dec 8, 2014 |
Bank of America | Underperform | Maintains | Dec 8, 2014 | |
Benchmark | Hold | $13 | Maintains | Nov 19, 2014 |
Benchmark | Hold | $16 | Downgrade | Jun 5, 2014 |
Roth Capital | Buy | $23 | Maintains | May 9, 2014 |
When did it IPO
2006
Staff Count
716
Country
United States
Sector/Industry
Consumer Cyclical/Internet Retail
CEO
Mr. William P. Angrick III
Market Cap
$667.7M
In 2023, LQDT generated $314.5M in revenue, which was a increase of 12.29% from the previous year. This can be seen as a signal that LQDT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Liquidity Services (NASDAQ: LQDT) has been chosen by a major U.S. oil and gas company to sell over 30 workover rigs and surplus assets in West Texas.
Why It Matters - Liquidity Services' contract to sell significant oil and gas assets indicates strong demand in the sector, potentially boosting revenue and stock performance, signaling positive growth prospects.
Summary - An auction is being held for three uninstalled ANGI compressed natural gas refueling stations.
Why It Matters - The auction of uninstalled ANGI compressed natural gas refueling stations signals potential growth in the alternative energy sector, impacting investment opportunities and market dynamics for related companies.
Summary - Liquidity Services (NASDAQ: LQDT) has partnered with Aaron Industrial Solutions to manage the sale of unused assets for a major industrial gases company, enhancing its service offerings.
Why It Matters - The partnership enhances Liquidity Services' market reach and revenue potential, signaling growth opportunities that could positively influence stock performance and investor confidence.
Summary - A court-ordered auction featuring over 230 lots, including sand kings and frac pumps, is ongoing until August 28.
Why It Matters - The auction of essential oil and gas equipment indicates potential asset liquidation, impacting market supply and pricing, which could affect related companies' valuations.
Summary - Liquidity Services (NASDAQ:LQDT) CEO Bill Angrick will present at the Midwest IDEAS Conference on August 28, 2024, with a recording available afterward on their investor page.
Why It Matters - Bill Angrick's presentation at the Midwest IDEAS Conference could signal strategic insights and future growth plans for Liquidity Services, influencing investor sentiment and stock performance.
Summary - Pike County, PA, has chosen Bid4Assets to conduct its inaugural online sheriff's sales, marking a shift to virtual public real estate auctions.
Why It Matters - The selection of Bid4Assets for online sheriff's sales could signal increased efficiency and transparency in real estate transactions, potentially boosting investor confidence in the local market.