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LQDT logo LQDT
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Liquidity Services Inc (LQDT)

Upturn stock ratingUpturn stock rating
$23.65
Last Close (24-hour delay)
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PASS
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Upturn Advisory Summary

06/27/2025: LQDT (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

2 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Year Target Price $41

Year Target Price $41

Analyst’s Price TargetsFor last 52 week
$41Target price
Low$19.31
Current$23.65
high$39.72

Analysis of Past Performance

Type Stock
Historic Profit 64.54%
Avg. Invested days 67
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 738.37M USD
Price to earnings Ratio 29.94
1Y Target Price 41
Price to earnings Ratio 29.94
1Y Target Price 41
Volume (30-day avg) -
Beta 1.16
52 Weeks Range 19.31 - 39.72
Updated Date 06/29/2025
52 Weeks Range 19.31 - 39.72
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.79

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 5.75%
Operating Margin (TTM) 6.08%

Management Effectiveness

Return on Assets (TTM) 5.82%
Return on Equity (TTM) 14.01%

Valuation

Trailing PE 29.94
Forward PE 17.12
Enterprise Value 603870868
Price to Sales(TTM) 1.68
Enterprise Value 603870868
Price to Sales(TTM) 1.68
Enterprise Value to Revenue 1.37
Enterprise Value to EBITDA 15.04
Shares Outstanding 31220700
Shares Floating 21795498
Shares Outstanding 31220700
Shares Floating 21795498
Percent Insiders 25.76
Percent Institutions 78.23

Analyst Ratings

Rating 4.5
Target Price 41
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Liquidity Services Inc

stock logo

Company Overview

overview logo History and Background

Liquidity Services, Inc. (LQDT) was founded in 1999. It provides e-commerce marketplaces, reverse supply chain services, and value-added services to manage and sell surplus assets for businesses and government entities. It has grown through organic growth and acquisitions, expanding its service offerings and geographical reach.

business area logo Core Business Areas

  • GovDeals: Online auction marketplace for government surplus assets, including vehicles, equipment, and real estate. It connects government entities with buyers looking for surplus items.
  • Ritchie Bros. Marketplace-E: Online marketplace for commercial and industrial assets across various industries. It allows sellers to manage and dispose of surplus inventory and equipment.
  • Liquidity Services Marketplace: A multi-channel marketplace with solutions for corporations and government entities looking to efficiently manage and sell surplus assets. Also assists with asset tracking and valuation.

leadership logo Leadership and Structure

Bill Angrick is the Chairman and Chief Executive Officer. The company has a standard corporate structure with executive leadership overseeing various departments like sales, marketing, operations, and finance.

Top Products and Market Share

overview logo Key Offerings

  • GovDeals: Online marketplace for government surplus. Liquidity Services has a significant share of the online government surplus market. Competitors include Municibid and public surplus auctions, but Liquidity Services is dominant, and accounts for 50% of revenue. They claim to work with over 15,000 government clients.
  • Ritchie Bros. Marketplace-E: Online marketplace for commercial assets. Liquidity Services manages the Ritchie Bros. marketplace for end to end services. Competitors include online auction platforms and traditional auction houses. This segment accounts for around 30% of revenue.
  • Liquidity Services Marketplace: Comprehensive solutions for surplus asset management. Liquidity Services's own marketplace platform, serving corporate and government clients. Competitors include other asset recovery and remarketing companies like DoveBid.

Market Dynamics

industry overview logo Industry Overview

The surplus asset management industry is fragmented, consisting of online marketplaces, auction houses, and asset recovery services. Demand is driven by economic cycles, government regulations, and corporate sustainability initiatives. The market continues to shift from physical to digital sales.

Positioning

Liquidity Services is a leading provider of online surplus asset marketplaces and services. Its competitive advantages include its established platform, large buyer base, and expertise in asset valuation and disposal.

Total Addressable Market (TAM)

The TAM for surplus asset management is estimated to be in the billions of dollars annually, depending on the definition and scope (government, corporate, etc.). Liquidity Services' positioning within this TAM is strong, especially in the government sector, but it has room to grow in the corporate segment.

Upturn SWOT Analysis

Strengths

  • Established online marketplace platform
  • Large and diverse buyer base
  • Strong relationships with government clients
  • Expertise in asset valuation and disposal
  • Scalable business model

Weaknesses

  • Dependence on economic cycles
  • Potential for supply chain disruptions
  • Competition from other online marketplaces
  • Vulnerability to data breaches or cyberattacks

Opportunities

  • Expansion into new geographies
  • Growth in corporate sustainability initiatives
  • Adoption of new technologies (e.g., AI, blockchain)
  • Strategic acquisitions to expand service offerings

Threats

  • Economic downturns reducing asset disposal volume
  • Increased competition from larger e-commerce players
  • Changes in government regulations
  • Fluctuations in commodity prices impacting asset value

Competitors and Market Share

competitor logo Key Competitors

  • EBAY
  • RBA
  • IAA

Competitive Landscape

Liquidity Services competes with online marketplaces, auction houses, and asset recovery companies. Its advantages include its specialized expertise in surplus asset management, large buyer base, and established platform. However, it faces competition from larger e-commerce players with greater resources.

Major Acquisitions

Network International

  • Year: 2014
  • Acquisition Price (USD millions): 25
  • Strategic Rationale: Expanded Liquidity Services' presence in the retail supply chain sector.

Growth Trajectory and Initiatives

Historical Growth: Liquidity Services has experienced periods of strong growth, particularly during economic downturns when asset disposal volumes increase. However, growth can be cyclical.

Future Projections: Analyst estimates vary, but generally project moderate revenue growth driven by expansion into new markets and service offerings. Profitability is expected to improve as the company leverages its existing platform and scales its operations.

Recent Initiatives: Recent initiatives include expanding its Ritchie Bros. Marketplace-E partnership, investing in technology upgrades to improve its platform, and pursuing strategic acquisitions to expand its service offerings.

Summary

Liquidity Services is a leading player in the online surplus asset management market, particularly strong in the government sector. Its established platform and expertise are key strengths, but its reliance on economic cycles poses a risk. Expansion into new markets and strategic acquisitions can drive future growth, and the company needs to be cognizant of competition from larger e-commerce players.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Liquidity Services Investor Relations
  • Market Research Reports
  • Company Filings (SEC)

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and due diligence.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Liquidity Services Inc

Exchange NASDAQ
Headquaters Bethesda, MD, United States
IPO Launch date 2006-02-23
Co-founder, Chairman of the Board of Directors & CEO Mr. William P. Angrick III
Sector Consumer Cyclical
Industry Internet Retail
Full time employees 781
Full time employees 781

Liquidity Services, Inc. provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its solutions enable government entities and commercial businesses to sell surplus property and real estate assets through GovDeals, Bid4Assets, and Sierra marketplaces. The company also offers a suite of services, including surplus management, asset valuation, asset sales, marketing, returns management, asset recovery, and ecommerce services; and operates Liquidation.com, a marketplace to sell excess, returned, and overstocked consumer goods. In addition, it operates a global search engine platform for listing used equipment for sale in the construction, machine tool, transportation, printing, laboratory/medical, and agriculture sectors. Further, the company provides Machinio System service that offers various software tools, such as website hosting, email marketing, and inventory management to equipment sellers. The company offers products for various industries, 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. The company was incorporated in 1999 and is headquartered in Bethesda, Maryland.