Liquidity Services Inc (NASDAQ:LQDT) Institutional Investors 2017 Q4 Sentiment

April 16, 2018 - By Migdalia James

Liquidity Services, Inc. (NASDAQ:LQDT) Logo

Sentiment for Liquidity Services Inc (NASDAQ:LQDT)

Liquidity Services Inc (NASDAQ:LQDT) institutional sentiment decreased to 1.26 in Q4 2017. Its down -0.11, from 1.37 in 2017Q3. The ratio has dropped, as 49 investment managers increased and opened new positions, while 39 decreased and sold stock positions in Liquidity Services Inc. The investment managers in our partner’s database now possess: 21.37 million shares, up from 20.93 million shares in 2017Q3. Also, the number of investment managers holding Liquidity Services Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 9 Reduced: 30 Increased: 31 New Position: 18.

Liquidity Services, Inc. provides e-commerce marketplace solutions to manage, value, and sell inventory and equipment for business and government clients in the United States. The company has market cap of $191.61 million. The companyÂ’s marketplaces include liquidation.com that enable firms to sell surplus and salvage consumer goods and capital assets; govliquidation.com, which enables federal government agencies and commercial businesses to sell surplus and scrap assets; and govdeals.com that enables local and state government entities, school boards, and public utilities to sell surplus and salvage assets. It currently has negative earnings. It also operates networkintl.com, which enables firms to sell idle, surplus, and scrap equipment in the gas and oil, petrochemical, and power generation industries; go-dove.com for firms in the United States, Europe, and Asia to sell manufacturing surplus and salvage capital assets; truckcenter.com, which enables firms to sell surplus and salvage transportation assets; irondirect.com that enables buyers to purchase equipment, attachments, parts, and services from manufacturers of construction equipment; and secondipity.com that provides clients a source of products through donating a portion of the proceeds of sale to charity.

It closed at $6 lastly. It is down 16.56% since April 16, 2017 and is downtrending. It has underperformed by 28.11% the S&P500.

Analysts await Liquidity Services, Inc. (NASDAQ:LQDT) to report earnings on May, 3. They expect $-0.14 earnings per share, up 33.33 % or $0.07 from last year’s $-0.21 per share. After $-0.14 actual earnings per share reported by Liquidity Services, Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Roumell Asset Management Llc holds 11.52% of its portfolio in Liquidity Services, Inc. for 1.11 million shares. Harber Asset Management Llc owns 1.06 million shares or 1.8% of their US portfolio. Moreover, Staley Capital Advisers Inc has 0.94% invested in the company for 2.49 million shares. The Louisiana-based Diversified Investment Strategies Llc has invested 0.59% in the stock. Anson Funds Management Lp, a Texas-based fund reported 63,944 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $137,459 activity.

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

Ratings analysis reveals 50% of Liquidity Services’s analysts are positive. Out of 2 Wall Street analysts rating Liquidity Services, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $6.0 while the high is $10.0. The stock’s average target of $8 is 33.33% above today’s ($6) share price. LQDT was included in 2 notes of analysts from February 1, 2018. The firm earned “Buy” rating on Thursday, February 1 by Barrington. The rating was maintained by Robert W. Baird with “Hold” on Thursday, February 1.

Liquidity Services, Inc. (NASDAQ:LQDT) Institutional Positions Chart

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