Barrington Sticks to Their Buy Rating for Liquidity Services (LQDT)


Barrington analyst Gary Prestopino maintained a Buy rating on Liquidity Services (LQDT) today and set a price target of $10. The company’s shares closed yesterday at $7.45.

According to TipRanks.com, Prestopino ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -4.4% and a 41.2% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Payment Data Systems Inc, and US Auto Parts Network.

Currently, the analyst consensus on Liquidity Services is a Moderate Buy with an average price target of $9.

See today’s analyst top recommended stocks >>

Based on Liquidity Services’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $5.02 million. In comparison, last year the company had a GAAP net loss of $1.21 million.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Liquidity Services, Inc. engages in the provision of e-commerce solutions to manage, value, and sell inventory and equipment for business and government clients. It operates through the following business segments: GovDeals; Capital Assets Group; Retail Supply Chain Group; Machinio; and Corporate and Other.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts