Liquidity Services (LQDT)

• Market cap: $927M
• 1 day: 1.19%
• 5 days: -6.13%
• 1 month: -13.08%
• 3 months: 15.92%
• 6 months: 36.05%
• Year to date: -6.60%
• 1 year: 68.36%
• 5 years: 602.35%
• 10 years: 218.57%
• Sector: Industrials
• Industry: Business Services

About: Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.

Employees: 781

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

410% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 10

47% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 43

46% more capital invested

Capital invested by funds: $490M [Q3] → $714M (+$224M) [Q4]

28% more funds holding

Funds holding: 144 [Q3] → 184 (+40) [Q4]

1.54% more ownership

Funds ownership: 70.36% [Q3] → 71.89% (+1.54%) [Q4]

68% less call options, than puts

Call options by funds: $129K | Put options by funds: $400K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $37 24% upside
• Avg. target: $39 29% upside
• High target: $40 34% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research Gary Prestopino 51% 1-year accuracy 79 / 154 met price target	34% upside $40	Outperform Maintained	11 Feb 2025
Craig-Hallum George Sutton 41% 1-year accuracy 12 / 29 met price target	24% upside $37	Buy Maintained	13 Dec 2024