Liquidity Services Inc (NASDAQ: LQDT) has reported E.P.S. of $0.19 for its second fiscal quarter (ending March 31) versus $0.14 for the same period a year ago — an increase of 36%. For the latest four quarters through March 31, E.P.S. were $0.67 versus $1.03 for the same period a year ago — a decline of -35%.
Recent Price Action
Liquidity Services Inc (NASDAQ: LQDT) stock declined by -2.8% on 5/9/24. The shares closed at $18.73. Moreover, trading volume in this decline was exceptionally high at 211% of normal. The stock has been weak relative to the market over the last nine months but has risen 7.6% during the last week.
Current PriceTarget Research Rating
LQDT is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Liquidity Services has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Liquidity Services has a slightly negative Power Rating of 39 and a poor Appreciation Score of 29, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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