Liquidity Companies (NASDAQ:LQDT – Get Rating) will subject its quarterly earnings information earlier than the market opens on Thursday, February 2nd. Liquidity Companies has set its Q1 2023 steerage at $0.09-$0.18 EPS.Individuals that want to register for the corporate’s earnings convention name can accomplish that utilizing this link.
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Liquidity Companies (NASDAQ:LQDT – Get Rating) final posted its earnings outcomes on Thursday, December eighth. The enterprise providers supplier reported $0.19 earnings per share (EPS) for the quarter. Liquidity Companies had a internet margin of 14.40% and a return on fairness of 17.84%. The corporate had income of $75.20 million in the course of the quarter.
Liquidity Companies Buying and selling Down 2.3 %
NASDAQ:LQDT opened at $14.63 on Thursday. Liquidity Companies has a 1 yr low of $11.39 and a 1 yr excessive of $22.59. The agency has a 50 day shifting common of $14.75 and a 200-day shifting common of $16.60. The inventory has a market capitalization of $463.16 million, a P/E ratio of 12.19 and a beta of 1.37.
Wall Road Analyst Weigh In
A number of analysts have commented on the inventory. StockNews.com upgraded shares of Liquidity Companies from a “purchase” score to a “strong-buy” score in a analysis report on Thursday, January fifth. TheStreet raised shares of Liquidity Companies from a “c+” score to a “b-” score in a analysis word on Thursday, October twentieth. Lastly, Barrington Analysis lowered their value goal on shares of Liquidity Companies from $26.00 to $20.00 in a analysis word on Friday, December ninth.
Insiders Place Their Bets
In different Liquidity Companies information, Director Jaime Mateus-Tique bought 11,368 shares of the agency’s inventory in a transaction that occurred on Monday, December twelfth. The shares have been bought at a mean value of $12.87, for a complete worth of $146,306.16. Following the sale, the director now owns 141,827 shares within the firm, valued at $1,825,313.49. The sale was disclosed in a doc filed with the Securities & Alternate Fee, which is accessible by means of this link. In associated information, Director Jaime Mateus-Tique bought 11,368 shares of Liquidity Companies inventory in a transaction on Monday, December twelfth. The shares have been bought at a mean value of $12.87, for a complete transaction of $146,306.16. Following the completion of the transaction, the director now owns 141,827 shares of the corporate’s inventory, valued at $1,825,313.49. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is out there by means of this link. Additionally, CEO William P. Angrick III bought 17,827 shares of Liquidity Companies inventory in a transaction on Monday, November 14th. The inventory was bought at a mean value of $18.00, for a complete transaction of $320,886.00. Following the transaction, the chief govt officer now immediately owns 5,354,049 shares of the corporate’s inventory, valued at roughly $96,372,882. The disclosure for this sale could be discovered here. Insiders have bought a complete of 44,542 shares of firm inventory price $743,438 within the final quarter. Company insiders personal 29.33% of the corporate’s inventory.
Institutional Inflows and Outflows
Hedge funds and different institutional buyers have just lately added to or lowered their stakes within the firm. Swiss Nationwide Financial institution raised its place in Liquidity Companies by 7.5% within the first quarter. Swiss Nationwide Financial institution now owns 67,100 shares of the enterprise providers supplier’s inventory price $1,149,000 after buying a further 4,700 shares in the course of the interval. Citigroup Inc. raised its place in shares of Liquidity Companies by 3.8% within the first quarter. Citigroup Inc. now owns 26,305 shares of the enterprise providers supplier’s inventory valued at $450,000 after buying a further 973 shares in the course of the interval. MetLife Funding Administration LLC elevated its holdings in Liquidity Companies by 50.3% in the course of the 1st quarter. MetLife Funding Administration LLC now owns 15,553 shares of the enterprise providers supplier’s inventory price $266,000 after buying a further 5,207 shares in the course of the interval. Panagora Asset Administration Inc. elevated its holdings in Liquidity Companies by 1.2% in the course of the 1st quarter. Panagora Asset Administration Inc. now owns 78,931 shares of the enterprise providers supplier’s inventory price $1,351,000 after buying a further 959 shares in the course of the interval. Lastly, Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS elevated its holdings in Liquidity Companies by 14.5% in the course of the 1st quarter. Commonwealth of Pennsylvania Public Faculty Empls Retrmt SYS now owns 22,995 shares of the enterprise providers supplier’s inventory price $394,000 after buying a further 2,906 shares in the course of the interval. 65.38% of the inventory is at the moment owned by hedge funds and different institutional buyers.
Liquidity Companies Firm Profile
Liquidity Companies, Inc supplies e-commerce marketplaces, self-directed public sale itemizing instruments, and value-added providers in the USA and internationally. It operates by means of 4 segments: GovDeals, Retail Provide Chain Group (RSCG), Capital Property Group (CAG), and Machinio. The corporate’s marketplaces embody liquidation.com that allow companies to promote surplus and salvage client items and retail capital belongings; GovDeals market, which supplies self-directed service options by which sellers checklist their very own belongings that permits native and state authorities entities, and industrial companies positioned in the USA and Canada to promote surplus and salvage belongings; and AllSurplus, a centralized market that connects international purchaser base with belongings from throughout the community of marketplaces in a single vacation spot.
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