Type
|
Public |
---|---|
Industry | Logistics |
Founded | 1999 in Washington, D.C., United States |
Founders | William P. Angrick III, Asad Haroon, and Jaime Mateus-Tique |
Headquarters | Washington D.C., United States |
Key people
|
William P. Angrick III (CEO) |
Website | liquidityservices.com |
Liquidity Services is an American corporation, which works with corporate and government agencies to manage and sell their surplus assets and excess inventory. Surplus and overstock goods are sold on Liquidity Services’ online marketplaces. The global company is based in Washington, D.C..
Liquidity Services was co-founded by William P. Angrick III, Asad Haroon, and Jaime Mateus-Tique in 1999. It was branded as Liquidation.com, and was a B2B auction marketplace that connects sellers to buyers. The platform allowed retailers to resell retail returns and overstockand enabled buyers to access bulk lots of surplus merchandise. In June 2000, Liquidity Services received $11.2 million in venture-capital funding from Europ@web. In 2001, the company acquired SurplusBid.com, which included a contract with the United States Department of Defense.
The company’s Initial public offering (IPO), valuing the business at $76.9M, took place on February 23, 2006, and the company began trading on the NASDAQ stock exchange under the symbol LQDT. Prior to going public, Liquidity Services opened online auctions for European corporations and government agencies to sell their surplus goods on the international market.
Between 2008 and 2011, Liquidity Services acquired four new marketplaces: Network International, GovDeals, TruckCenter.com, and the remarketing business of Jacobs Trading Company. In 2012, it acquired GoIndustry DoveBid, a provider of surplus asset management, auction and valuation services.
In 2015, the company lost two large contracts. Walmart terminated its deal with Liquidity Services, and the company lost a bidding war for the right to sell the Department of Defense’s surplus tanks, trailers, and other vehicles. Liquidity Services holds the DoD’s scrap property contract.
In September 2016, Liquidity Services launched IronDirect.com, an online marketplace selling large construction equipment.
Liquidity Services’ online marketplaces include: Liquidation.com, Secondipity.com, GovLiquidation.com, GovDeals.com, Network International, GoIndustry DoveBid, and IronDirect. They offer over 500 product categories organized into categories across 12 major industry verticals: government, energy, construction and mining, transportation, industrial manufacturing, biopharmaceuticals, electronics manufacturing, consumer goods and OEMs, automotive manufacturing, retail,fast-moving consumer goods, and aerospace and defense.
Liquidity Services works with the US federal government to divert scrap material from landfill, and supports clients with zero-waste initiatives.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q4 2022 | 2022-12-07 | Future report Set alerts | |
Q3 2022 | 2022-08-04 | 0.21 | 0.21 |
Q2 2022 | 2022-05-05 | 0.00 | 0.00 |
Q1 2022 | 2022-02-03 | 0.18 | 0.18 |
Q4 2021 | 2021-12-09 | 0.26 | 0.26 |
Q3 2021 | 2021-08-05 | 0.31 | 0.31 |
Q2 2021 | 2021-05-06 | 0.19 | 0.19 |
Q1 2021 | 2021-02-04 | 0.17 | 0.17 |
Q4 2020 | 2020-12-08 | 0.23 | 0.23 |
Q3 2020 | 2020-08-06 | 0.05 | 0.05 |
2016-05-08 | Reiterated Rating | Robert W. Baird | Hold | |
2016-05-06 | Boost Price Target | Benchmark Co. | Hold | $5.50 to $6.50 |
2016-05-05 | Reiterated Rating | Barrington Research | Buy | |
2016-02-06 | Reiterated Rating | Robert W. Baird | Hold | |
2016-02-06 | Reiterated Rating | Bank of America | Underperform | $7.00 to $6.00 |
2016-02-06 | Reiterated Rating | Bank of America Corp. | Underperform | $7.00 to $6.00 |
2016-02-05 | Lower Price Target | Benchmark Co. | Hold | $7.50 to $5.50 |
2016-02-05 | Reiterated Rating | RBC Capital | Sector Perform | $8.00 to $6.00 |
2016-02-05 | Reiterated Rating | Royal Bank Of Canada | Sector Perform | $8.00 to $6.00 |
2015-11-22 | Reiterated Rating | Robert W. Baird | Hold | |
2015-11-20 | Lower Price Target | Robert W. Baird | Neutral | $11.00 to $8.00 |
2015-11-20 | Boost Price Target | Benchmark Co. | Hold | $7.50 to $10.00 |
2015-11-20 | Reiterated Rating | RBC Capital | Sector Perform | $11.00 to $8.00 |
2015-08-06 | Reiterated Rating | RBC Capital | Hold | $11.00 |
2015-06-10 | Set Price Target | Robert W. Baird | Hold | $11.00 |
2015-05-08 | Reiterated Rating | RBC Capital | Sector Perform | $11.00 |
2014-12-08 | Lower Price Target | Bank of America | Underperform | $11.00 to $9.00 |
2014-11-19 | Reiterated Rating | Benchmark Co. | Hold | $16.00 to $13.00 |
2014-08-08 | Lower Price Target | RBC Capital | $15.00 to $14.00 | |
2014-06-05 | Downgrade | Benchmark Co. | Buy to Hold | $29.00 to $16.00 |
2014-05-09 | Reiterated Rating | Oppenheimer | Market Perform to Market Perform | |
2014-05-09 | Reiterated Rating | Roth Capital | Buy to Buy | $27.00 to $23.00 |
2014-05-09 | Downgrade | RBC Capital | Outperform to Sector Perform | $30.00 to $15.00 |
2014-05-08 | Downgrade | Benchmark Co. | Buy to Hold | |
2014-04-03 | Downgrade | Robert W. Baird | Outperform to Neutral | $30.00 to $19.00 |
2014-04-03 | Downgrade | Oppenheimer | Outperform to Market Perform | |
2014-02-07 | Upgrade | RBC Capital | Sector Perform to Outperform | |
2013-11-22 | Downgrade | Barrington Research | Outperform to Market Perform | |
2013-11-22 | Reiterated Rating | Deutsche Bank | In-Line | |
2013-11-22 | Lower Price Target | Roth Capital | $37.00 to $33.00 | |
2013-11-22 | Lower Price Target | RBC Capital | Hold | $31.00 to $25.00 |
2013-11-22 | Downgrade | Janney Montgomery Scott | Buy to Neutral | $35.00 to $22.00 |
2013-11-20 | Reiterated | The Benchmark Company | Buy | $40 to $33 |
2013-11-20 | Lower Price Target | Benchmark Co. | Buy | $40.00 to $33.00 |
2013-10-07 | Downgrade | Bank of America | Buy to Underperform | $45.00 to $31.00 |
2013-06-10 | Reiterated | The Benchmark Company | Buy | $48 to $47 |
2013-02-01 | Reiterated | The Benchmark Company | Buy | $62 to $52 |
2013-01-31 | Reiterated | Robert W. Baird | Outperform | $57 to $44 |
2012-11-30 | Reiterated | Oppenheimer | Outperform | $60 to $55 |
2012-11-30 | Reiterated | Deutsche Bank | Buy | $63 to $50 |
2012-10-15 | Reiterated | The Benchmark Company | Buy | $73 to $62 |
2012-09-12 | Reiterated | Stifel Nicolaus | Buy | $72 to $66 |
2012-06-18 | Reiterated | Oppenheimer | Outperform | $72 to $75 |
2012-05-04 | Reiterated | The Benchmark Company | Buy | $62 to $73 |
2012-05-04 | Reiterated | Oppenheimer | Outperform | $57 to $72 |
2012-05-02 | Reiterated | The Benchmark Company | Buy | $57 to $62 |
2012-04-09 | Reiterated | Oppenheimer | Outperform | $43 to $57 |
2016-05-08 | Reiterated Rating | Robert W. Baird | Hold | |
2016-05-06 | Boost Price Target | Benchmark Co. | Hold | $5.50 to $6.50 |
2016-05-05 | Reiterated Rating | Barrington Research | Buy | |
2016-02-06 | Reiterated Rating | Robert W. Baird | Hold | |
2016-02-06 | Reiterated Rating | Bank of America | Underperform | $7.00 to $6.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In LQDT 119 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 4.14M |
GRANAHAN INVESTMENT MANAGEMENT INC/MA | 2.55M |
STALEY CAPITAL ADVISERS INC | 2.30M |
BlackRock Fund Advisors | 2.06M |
RENAISSANCE TECHNOLOGIES LLC | 1.97M |
Vanguard Group, Inc | 1.95M |
DIMENSIONAL FUND ADVISORS LP | 1.16M |
STATE STREET CORP | 0.90M |
BlackRock Institutional Trust Company, N.A. | 0.76M |
SILVERCREST ASSET MANAGEMENT GROUP LLC | 0.74M |
CLIFTON PARK CAPITAL MANAGEMENT, LLC | 0.66M |
ProShare Advisors LLC | 0.62M |
Aristotle Capital Boston, LLC | 0.61M |
DRIEHAUS CAPITAL MANAGEMENT LLC | 0.53M |
GEODE CAPITAL MANAGEMENT, LLC | 0.48M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Angrick William P III Chairman of the Board and CEO | 12.34% (3660090) | LQDT / |
Roy G Cayce Exec. VP/Pres. Asset Recovery | 0.26% (77512) | LQDT / |
Mateus-Tique Jaime | 0.25% (73453) | LQDT / |
Celaya Jorge EVP & Chief Financial Officer | 0.20% (60193) | LQDT / |
CLOUGH PHILLIP A | 0.16% (47912) | LQDT / RST / |
Dudley Gardner H Pres, Capital Assets Group | 0.14% (41557) | LQDT / |
INFANTE BEATRIZ V | 0.13% (39914) | ELX / LQDT / PSMT / SONS / UTEK / |
GROSS PATRICK W | 0.10% (28594) | CECO / COF / LQDT / RST / WM / |
KOLODZIESKI EDWARD | 0.09% (28080) | LQDT / |
ELLIS GEORGE H | 0.08% (22403) | BLKB / LQDT / |
DOMINO KATHRYN ANN Chief Accounting Officer | 0.05% (13637) | LQDT / |
Shaffer Mark A VP, Gen. Counsel & Secretary | 0.02% (7351) | LQDT / |
Sweeney Michael E VP & Chief Accounting Officer | 0.02% (6096) | LQDT / |