During the afternoon session, Liquidity Services moved -1.6%, compared to 1.1% for the S&P 500.
Liquidity Services, Inc. provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. Based in Bethesda, Maryland the company has 735 full time employees and a market cap of $438,146,725.
The company is now trading -42.33% away from its average analyst target price of $24 per share. The 2 analysts following the stock have set target prices ranging from $20 to $28, and on average give Liquidity Services a rating of strong buy.
Over the last year, LQDT shares have gone down by -12.9%, which represents a difference of -3.9% when compared to the S&P 500. The stock's 52 week high is $22.59 per share and its 52 week low is $11.39. Based on Liquidity Services's average gross margin growth of 1.7% over the last four years, its core business remains strong and the stock price may recover in the long term.
| Date Reported | Revenue ($ MM) | Cost of Revenue ($ MM) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-09-30 | 280 | 119 | 57.36 | -1.43 |
| 2021-09-30 | 258 | 108 | 58.19 | 9.01 |
| 2020-09-30 | 206 | 96 | 53.38 | -2.57 |
| 2019-09-30 | 227 | 102 | 54.79 | n/a |
