On Tuesday, shares of Liquidity Services, Inc. (NASDAQ:LQDT) marked $5.96 per share versus a previous $6.20 closing price. With having a -3.87% loss, an insight into the fundamental values of Liquidity Services, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts.
The Benchmark Company equity researchers changed the status of Liquidity Services, Inc. (NASDAQ: LQDT) shares to a “Hold” rating in the report published on May 6th, 2016. Other analysts, including RBC Capital Mkts, also published their reports on LQDT shares. RBC Capital Mkts repeated the rating from the previous report, marking LQDT under “Sector Perform” rating, in the report published on February 5th, 2016. Additionally, LQDT shares got another “Sector Perform” rating from RBC Capital Mkts, setting a target price of $8 on the company’s shares, according to the report published in November 20th, 2015. On May 9th, 2014, RBC Capital Mkts Downgrade an Sector Perform rating and increased its price target from $30 to $15. On the other hand, Robert W. Baird Downgrade the “Neutral” rating for LQDT shares, as published in the report on April 3rd, 2014. The Benchmark Company seems to be going bullish on the price of LQDT shares, based on the price prediction for LQDT, indicating that the shares will jump from $33 to $27, giving the shares “Buy” rating based on their report from November 22nd, 2013. Another “Buy” rating came from The Benchmark Company, providing a prediction for $27 price target according to the report published in November 20th, 2013.
The present dividend yield for LQDT owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording -7.00%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of Liquidity Services, Inc. (LQDT) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -16.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.00 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while LQDT is currently recording an average of 227.29K in volumes. The volatility of the stock on monthly basis is set at 5.64%, while the weekly volatility levels are marked at 4.83%with -7.60% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $8.00, indicating growth from the present price of $5.96, which can represent yet another valuable research and analysis points that can help you decide whether to invest in LQDT or pass.
Liquidity Services, Inc. (LQDT) is based in the USA and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare LQDT shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for Liquidity Services, Inc., while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.58 is supported by the yearly EPS growth of 16.20%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 1.90%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 71.10% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.Are Institutional Investors Increasing Stakes in LQDT Shares?
It appears that more than several institutional investors and hedge funds decided to increase stakes in LQDT in the recent period. That is how Staley Capital Advisers, Inc. now has an increase position in LQDT by 0.00% in the first quarter, owning 2.17 million shares of LQDT stocks, with the value of $12.36 million after the purchase of an additional 0 shares during the last quarter. In the meanwhile, The Vanguard Group, Inc. also increased their stake in LQDT shares changed 1.11% in the first quarter, which means that the company now owns 1.79 million shares of company, all valued at $10.22 million after the acquisition of additional 19,700 shares during the last quarter.
Roumell Asset Management LLC acquired a new position in Liquidity Services, Inc. during the first quarter, with the value of $6.38 million, and Harber Asset Management LLC increased their stake in the company’s shares by 53.07% in the first quarter, now owning 318,293 shares valued at $5.24 million after the acquisition of the additional 918009 shares during the last quarter. At the present, 71.10% of LQDT shares are in the ownership of institutional investors.