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Liquidity Services Inc Stock Research

LQDT

15.13USD+0.05(+0.33%)Market Closed

Market Summary

USD15.13+0.05
Market Closed
0.33%

LQDT Alerts

LQDT Stock Price

LQDT RSI Chart

LQDT Valuation

Market Cap

543.6M

Price/Earnings (Trailing)

16.49

Price/Sales (Trailing)

1.82

EV/EBITDA

8.54

Price/Free Cashflow

12.01

LQDT Price/Sales (Trailing)

LQDT Profitability

EBT Margin

16.86%

Return on Equity

26.26%

Return on Assets

15.12%

Free Cashflow Yield

8.33%

LQDT Fundamentals

LQDT Revenue

Revenue (TTM)

298.8M

Revenue Y/Y

19.3%

Revenue Q/Q

12.69%

LQDT Earnings

Earnings (TTM)

33.0M

Earnings Y/Y

-64.54%

Earnings Q/Q

7.01%

Price Action

52 Week Range

11.9722.59
(Low)(High)

Last 7 days

-4.4%

Last 30 days

15.4%

Last 90 days

19.1%

Trailing 12 Months

10.6%

LQDT Financial Health

Current Ratio

1.08

LQDT Investor Care

Shares Dilution (1Y)

1.37%

Diluted EPS (TTM)

1.01

Peers (Alternatives to Liquidity Services)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.2T
524.9B
15.37% 5.66%
290.64
2.38
9.87% -79.95%
105.9B
18.2B
-5.86% 11.60%
34.62
6.2
45.24% 673.85%
62.7B
11.3B
-2.17% 54.01%
101.53
5.54
42.66% 239.56%
23.4B
9.8B
-6.05% -10.25%
36.59
2.38
-4.32% -94.50%
10.1B
2.6B
-18.35% 0.41%
-14.37
3.86
11.15% -663.50%
MID-CAP
1.7B
844.0M
-29.52% -20.80%
20.59
2.01
6.93% -7.38%
SMALL-CAP
1.7B
1.1B
-22.28% -46.50%
28.36
1.51
10.20% -49.78%
1.6B
589.1M
26.81% 5.77%
-8.66
2.71
12.05% -482.80%
543.6M
298.8M
15.38% 10.56%
16.49
1.82
8.67% -41.91%
351.7M
1.8B
13.49% -54.95%
-1.19
0.19
-16.43% -882.41%
261.1M
269.6M
-5.67% -38.14%
-3.85
0.97
-44.38% -16.11%
170.1M
567.4M
54.19% -64.57%
-0.73
0.3
-33.77% -434.84%
124.2M
1.7B
67.79% -31.84%
2.65
0.06
31.25% -7536.15%

Financials for Liquidity Services

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue4.6%299286280275275
Gross Profit0.9%161159160--
Operating Expenses-16.9%113136135--
  S&GA Expenses1.3%45.0044.0043.0042.0041.00
Costs and Expenses8.8%259238233231241
EBITDA2.1%59.0058.0054.0043.00-
EBITDA Margin0.1%0.21*0.21*0.20*0.16*-
Earnings Before Taxes-15.0%41.0048.0048.0044.0035.00
EBT Margin-0.9%0.17*0.17*0.16*0.13*-
Interest Expenses104.0%1.000.000.000.00-
Net Income-19.0%33.0041.0040.0065.0057.00
Net Income Margin-1.1%0.14*0.14*0.24*0.21*-
Free Cahsflow-32.1%25.0037.0034.0042.00-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets5.2%283269288283277
  Current Assets14.9%131114130120112
    Cash Equivalents25.5%96.0076.0096.0088.0084.00
  Inventory-6.6%15.0016.0012.0014.0013.00
  Net PPE-1.6%18.0019.0019.0019.0018.00
  Goodwill0.1%89.0089.0089.0089.0090.00
Liabilities15.6%132114134138144
  Current Liabilities17.7%124105124127133
Shareholder's Equity-2.5%151155155145133
  Retained Earnings15.7%-22.72-26.97-30.94-39.28-55.69
  Additional Paid-In Capital0.6%262261258257255
Accumulated Depreciation6.3%23.0022.00---
Shares Outstanding0.4%36.0036.0036.0036.0036.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations62.7%53.0032.0045.0042.0049.00
  Share Based Compensation-2.3%8.008.008.007.007.00
Cashflow From Investing-14.8%-12.71-11.08-21.08-19.34-14.15
Cashflow From Financing22.3%-27.25-35.07-31.94-46.30-37.59
  Buy Backs-24.5%22.0030.0025.0040.0035.00

Risks for LQDT

What is the probability of a big loss on LQDT?

100%


Probability that Liquidity Services stock will be more than 20% underwater in next one year

64.2%


Probability that Liquidity Services stock will be more than 30% underwater in next one year.

38.1%


Probability that Liquidity Services stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LQDT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Liquidity Services was unfortunately bought at previous high price.

Drawdowns

Returns for LQDT

Cumulative Returns on LQDT

-9.3%


10-Year Cumulative Returns

12.3%


7-Year Cumulative Returns

21.7%


5-Year Cumulative Returns

38.2%


3-Year Cumulative Returns

What are the long-term rolling returns for LQDT?

FIve years rolling returns for Liquidity Services.

Annualized Returns

Which funds bought or sold LQDT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-23
Capital Impact Advisors, LLC
reduced
-33.00
-299,520
504,740
0.62%
2023-05-23
ROYCE & ASSOCIATES LP
reduced
-54.91
-292,190
213,604
-%
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-11.22
-426,642
2,107,360
-%
2023-05-18
JPMORGAN CHASE & CO
added
15.73
35,000
457,000
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-55.88
-989,000
697,000
-%
2023-05-17
Thrivent Financial for Lutherans
reduced
-14.28
-77,000
313,000
-%
2023-05-16
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
sold off
-100
-176,284
-
-%
2023-05-16
Rockefeller Capital Management L.P.
sold off
-100
-
-
-%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
463,479
463,479
-%
2023-05-16
JANE STREET GROUP, LLC
new
-
222,533
222,533
-%

1–10 of 47

Latest Funds Activity

Are funds buying LQDT calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own LQDT
No. of Funds

Liquidity Services News

Marketscreener.com
Liquidity Services to Present at the 2023 Baird Global Consumer, Technology & Services Conference.
Marketscreener.com,
10 hours ago
Defense World
Defense World
Investor's Business Daily
Investor's Business Daily
Investor's Business Daily

Schedule 13G FIlings of Liquidity Services

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
granahan investment management, llc
5.95%
2,128,347
SC 13G/A
Feb 13, 2023
renaissance technologies llc
5.09%
1,827,464
SC 13G/A
Feb 09, 2023
vanguard group inc
5.51%
1,971,958
SC 13G/A
Jan 26, 2023
blackrock inc.
12.0%
4,297,505
SC 13G/A
Jan 20, 2023
blackrock inc.
12.0%
4,297,505
SC 13G/A
Feb 14, 2022
granahan investment management, llc
5.25%
1,863,728
SC 13G
Feb 11, 2022
renaissance technologies llc
6.27%
2,227,564
SC 13G/A
Jan 27, 2022
blackrock inc.
11.3%
4,012,295
SC 13G/A
Jan 25, 2022
blackrock inc.
11.3%
4,012,295
SC 13G/A
Feb 11, 2021
renaissance technologies llc
7.64%
2,613,404
SC 13G/A

LQDT Fair Value

Show Fair-Value

Recent SEC filings of Liquidity Services

View All Filings
Date Filed Form Type Document
May 26, 2023
144
Notice of Insider Sale Intent
May 26, 2023
4
Insider Trading
May 25, 2023
144
Notice of Insider Sale Intent
May 16, 2023
4
Insider Trading
May 12, 2023
144
Notice of Insider Sale Intent
May 10, 2023
4
Insider Trading
May 08, 2023
144
Notice of Insider Sale Intent
May 08, 2023
8-K
Current Report
May 04, 2023
10-Q
Quarterly Report
May 04, 2023
8-K
Current Report

Latest Insider Trading transactions for LQDT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-26
Daunt John
acquired
12,469
6.58
1,895
evp & cco
2023-05-26
Daunt John
sold
-28,462
15.02
-1,895
evp & cco
2023-05-25
Daunt John
sold
-390,170
15.11
-25,822
evp & cco
2023-05-25
Daunt John
acquired
219,023
8.48202
25,822
evp & cco
2023-05-12
ELLIS GEORGE H
sold
-132,090
15.54
-8,500
-
2023-05-08
Celaya Jorge
sold
-66,726
14.14
-4,719
cfo
2023-05-01
Daunt John
sold
-34,623
13.21
-2,621
evp & cco
2023-05-01
Daunt John
acquired
-
-
2,621
evp & cco
2023-03-16
Daunt John
sold
-18,502
13.03
-1,420
evp & coo
2023-03-16
Daunt John
acquired
18,494
9.46
1,955
evp & coo

1–10 of 50

William P. Angrick
610
Liquidity Services, Inc. provides e-commerce marketplaces, self-directed auction listing tools, and value-added services. It operates through four segments: Retail Supply Chain Group, Capital Assets Group, GovDeals, and Machinio. The company's marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination. It also provides marketplace for corporations located in the North America, Europe, Australia, Asia, and Africa to sell manufacturing surplus, salvage capital assets, and scrap material, as well as offers a suite of services, including surplus management, asset valuation, asset sales, marketing, returns management, asset recovery, and ecommerce services. In addition, the company operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, and agriculture sectors. It offers products from industry verticals, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, real estate, energy equipment, industrial capital assets, heavy equipment, fleet and transportation equipment, and specialty equipment. Liquidity Services, Inc. was incorporated in 1999 and is headquartered in Bethesda, Maryland.

LQDT Income Statement

2023-03-31
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Total revenue$ 81,453$ 68,275$ 153,736$ 134,983
Costs and expenses from operations:    
Cost of goods sold (excludes depreciation and amortization)40,36628,96872,13956,730
Technology and operations14,79113,87229,49527,790
Sales and marketing11,85411,27322,64421,317
General and administrative6,4047,05313,78915,284
Depreciation and amortization2,8032,6035,5674,906
Fair value adjustment of acquisition earn-outs0(8,500)0(8,500)
Other operating (income) expenses, net(11)23129(10)
Total costs and expenses76,20755,292143,763117,517
Income from operations5,24612,9839,97317,466
Interest and other income, net(572)(46)(961)(177)
Income before provision for income taxes5,81813,02910,93417,643
Provision for income taxes1,5731,0592,7232,071
Net income$ 4,245$ 11,970$ 8,211$ 15,572
Basic income per common share (in usd per share)$ 0.14$ 0.37$ 0.26$ 0.48
Diluted income per common share (in usd per share)$ 0.13$ 0.35$ 0.25$ 0.45
Basic weighted average shares outstanding (in shares)31,305,21432,561,90331,562,98832,769,057
Diluted weighted average shares outstanding32,124,18834,004,56832,544,95334,382,149
Purchase revenues    
Total revenue$ 47,273$ 37,384$ 85,907$ 73,602
Consignment and other fee revenues    
Total revenue$ 34,180$ 30,891$ 67,829$ 61,381

LQDT Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Sep. 30, 2022
Current assets:  
Cash and cash equivalents$ 95,583$ 96,122
Short-term investments5,6151,819
Accounts receivable, net of allowance for doubtful accounts of $313 and $4495,96011,792
Inventory, net15,29011,679
Prepaid taxes and tax refund receivable1,9941,631
Prepaid expenses and other current assets6,1356,551
Total current assets130,577129,594
Property and equipment, net18,24519,094
Operating lease assets11,41413,207
Intangible assets, net14,27416,234
Goodwill89,46488,910
Deferred tax assets11,10413,628
Other assets8,0197,437
Total assets283,097288,104
Current liabilities:  
Accounts payable42,91541,982
Accrued expenses and other current liabilities24,75523,304
Current portion of operating lease liabilities4,5054,540
Deferred revenue4,5304,439
Payables to sellers47,34249,238
Total current liabilities124,047123,503
Operating lease liabilities7,7769,687
Other long-term liabilities200378
Total liabilities132,023133,568
Commitments and contingencies (Note 13)
Stockholders’ equity:  
Common stock, $0.001 par value; 120,000,000 shares authorized; 36,049,719 shares issued and outstanding at March 31, 2023; 35,724,057 shares issued and outstanding at September 30, 20223636
Additional paid-in capital262,118258,275
Treasury stock, at cost; 5,096,341 shares at March 31, 2023, and 3,813,199 shares at September 30, 2022(79,586)(62,554)
Accumulated other comprehensive loss(8,769)(10,285)
Accumulated deficit(22,725)(30,936)
Total stockholders’ equity151,074154,536
Total liabilities and stockholders’ equity$ 283,097$ 288,104