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Liquidity Services

Nasdaq:LQDT
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LQDT
Nasdaq
$205M
Market Cap
  1. Home
  2. US
  3. Retail
Company description

Liquidity Services, Inc. provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment offering approximately 500 product categories. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
  • Liquidity Services has significant price volatility in the past 3 months.
LQDT Share Price and Events
7 Day Returns
4.3%
NasdaqGS:LQDT
2.4%
US Online Retail
1.2%
US Market
1 Year Returns
-9.9%
NasdaqGS:LQDT
-4%
US Online Retail
2.3%
US Market
LQDT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Liquidity Services (LQDT) 4.3% -5.7% -17.2% -9.9% -18.6% -60.9%
US Online Retail 2.4% 2.4% 0.4% -4% 119.6% 224.2%
US Market 1.2% 2% 2% 2.3% 37.9% 39.8%
1 Year Return vs Industry and Market
  • LQDT underperformed the Online Retail industry which returned -4% over the past year.
  • LQDT underperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
LQDT
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Liquidity Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Liquidity Services. This is due to cash flow or dividend data being unavailable. The share price is $6.13.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Liquidity Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Liquidity Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:LQDT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.43
NasdaqGS:LQDT Share Price ** NasdaqGS (2019-06-19) in USD $6.13
United States of America Online Retail Industry PE Ratio Median Figure of 29 Publicly-Listed Online Retail Companies 33.65x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Liquidity Services.

NasdaqGS:LQDT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:LQDT Share Price ÷ EPS (both in USD)

= 6.13 ÷ -0.43

-14.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Liquidity Services is loss making, we can't compare its value to the US Online Retail industry average.
  • Liquidity Services is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Liquidity Services's expected growth come at a high price?
Raw Data
NasdaqGS:LQDT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
Not available
United States of America Online Retail Industry PEG Ratio Median Figure of 22 Publicly-Listed Online Retail Companies 2.1x
United States of America Market PEG Ratio Median Figure of 2,128 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Liquidity Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Liquidity Services's assets?
Raw Data
NasdaqGS:LQDT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $3.73
NasdaqGS:LQDT Share Price * NasdaqGS (2019-06-19) in USD $6.13
United States of America Online Retail Industry PB Ratio Median Figure of 66 Publicly-Listed Online Retail Companies 2.89x
United States of America Market PB Ratio Median Figure of 5,246 Publicly-Listed Companies 1.8x
NasdaqGS:LQDT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:LQDT Share Price ÷ Book Value per Share (both in USD)

= 6.13 ÷ 3.73

1.64x

* Primary Listing of Liquidity Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Liquidity Services is good value based on assets compared to the US Online Retail industry average.
X
Value checks
We assess Liquidity Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. Liquidity Services has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Liquidity Services expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.1%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Liquidity Services expected to grow at an attractive rate?
  • Unable to compare Liquidity Services's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Liquidity Services's earnings growth to the United States of America market average as no estimate data is available.
  • Liquidity Services's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:LQDT Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:LQDT Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 7.1%
United States of America Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 26%
United States of America Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 16.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:LQDT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:LQDT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-09-30 235 2
2019-09-30 216 2
NasdaqGS:LQDT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 214 -17 -14
2018-12-31 217 -11 -15
2018-09-30 225 1 -12
2018-06-30 233 -16 -25
2018-03-31 248 -11 -29
2017-12-31 260 -23 -32
2017-09-30 270 -32 -39
2017-06-30 287 -7 -79
2017-03-31 307 7 -70
2016-12-31 321 49 -63
2016-09-30 316 46 -60
2016-06-30 317 43 -50

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Liquidity Services is high growth as no earnings estimate data is available.
  • Liquidity Services's revenue is expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:LQDT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Liquidity Services Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LQDT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-09-30
2019-09-30
NasdaqGS:LQDT Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.43
2018-12-31 -0.48
2018-09-30 -0.36
2018-06-30 -0.77
2018-03-31 -0.93
2017-12-31 -1.01
2017-09-30 -1.25
2017-06-30 -2.53
2017-03-31 -2.27
2016-12-31 -2.05
2016-09-30 -1.96
2016-06-30 -1.64

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Liquidity Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Liquidity Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Liquidity Services has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Liquidity Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Liquidity Services's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Liquidity Services does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Liquidity Services's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Liquidity Services's 1-year growth to the US Online Retail industry average as it is not currently profitable.
Earnings and Revenue History
Liquidity Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Liquidity Services Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:LQDT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 214.13 -14.13 120.19
2018-12-31 217.42 -15.43 120.72
2018-09-30 224.51 -11.62 124.65
2018-06-30 233.17 -24.54 131.61
2018-03-31 248.12 -29.45 139.46
2017-12-31 260.36 -32.00 146.28
2017-09-30 270.02 -39.19 154.03
2017-06-30 287.16 -78.98 159.37
2017-03-31 306.83 -70.48 164.26
2016-12-31 321.38 -63.13 170.09
2016-09-30 316.45 -59.93 170.69
2016-06-30 317.23 -49.87 171.58
2016-03-31 321.79 -48.13 175.54
2015-12-31 337.86 -45.90 178.97
2015-09-30 397.13 -104.82 182.35
2015-06-30 436.25 -61.83 188.15
2015-03-31 473.47 -45.07 192.51
2014-12-31 498.86 -40.82 196.75
2014-09-30 495.66 30.39 200.32
2014-06-30 506.37 41.51 195.63
2014-03-31 503.60 34.42 187.83
2013-12-31 505.60 41.49 180.09
2013-09-30 505.86 41.10 179.17
2013-06-30 499.00 36.24 171.34
2013-03-31 496.08 39.82 161.21
2012-12-31 491.48 45.88 147.92
2012-09-30 475.30 48.30 135.91
2012-06-30 432.23 48.56 119.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Liquidity Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Liquidity Services has efficiently used its assets last year compared to the US Online Retail industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Liquidity Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Liquidity Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Liquidity Services has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Liquidity Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Liquidity Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Liquidity Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Liquidity Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Liquidity Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Liquidity Services has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Liquidity Services Company Filings, last reported 2 months ago.

NasdaqGS:LQDT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 124.47 0.00 63.92
2018-12-31 126.50 0.00 68.51
2018-09-30 129.65 0.00 78.45
2018-06-30 125.32 0.00 93.41
2018-03-31 128.14 0.00 99.68
2017-12-31 132.52 0.00 96.77
2017-09-30 132.64 0.00 94.84
2017-06-30 143.55 0.00 114.85
2017-03-31 149.75 0.00 117.32
2016-12-31 155.78 0.00 129.54
2016-09-30 162.61 0.00 136.71
2016-06-30 218.08 0.00 129.87
2016-03-31 215.58 0.00 117.53
2015-12-31 212.42 0.00 85.45
2015-09-30 216.00 0.00 95.47
2015-06-30 261.80 0.00 96.19
2015-03-31 256.72 0.00 86.23
2014-12-31 253.75 0.00 74.22
2014-09-30 316.98 0.00 62.60
2014-06-30 318.26 0.00 56.95
2014-03-31 334.48 0.00 101.77
2013-12-31 328.45 0.00 101.49
2013-09-30 314.88 0.00 95.11
2013-06-30 294.94 0.00 63.33
2013-03-31 280.50 0.00 57.20
2012-12-31 266.03 0.00 45.89
2012-09-30 250.00 42.00 104.78
2012-06-30 236.55 41.50 84.63
  • Liquidity Services has no debt.
  • Liquidity Services had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Liquidity Services has sufficient cash runway for 2.8 years based on current free cash flow.
  • Liquidity Services has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 91.3% each year.
X
Financial health checks
We assess Liquidity Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Liquidity Services has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Liquidity Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Liquidity Services dividends.
If you bought $2,000 of Liquidity Services shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Liquidity Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Liquidity Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:LQDT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:LQDT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-09-30
2019-09-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Liquidity Services has not reported any payouts.
  • Unable to verify if Liquidity Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Liquidity Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Liquidity Services has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Liquidity Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Liquidity Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Liquidity Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Liquidity Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bill Angrick
COMPENSATION $1,222,159
AGE 50
TENURE AS CEO 19.4 years
CEO Bio

Mr. William P. Angrick, III, also known as Bill, is a co-founder of Liquidity Services Inc. (“Liquidity Services”). Mr. Angrick the Chairman of the Board of Directors and Chief Executive Officer of Liquidity Services since January 2000. Prior to co-founding Liquidity Services, Mr. Angrick was at Deutsche Bank Alex Brown from 1995 to 1999, where he served as Vice President of the Consumer and Business Services Investment Banking Group after serving as an Associate. Mr. Angrick holds an M.B.A. from the Kellogg Graduate School of Management at Northwestern University and a B.B.A. with honors from the University of Notre Dame. Mr. Angrick earned his CPA certificate in 1990.

CEO Compensation
  • Bill's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bill's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Liquidity Services management team in years:

2.9
Average Tenure
51
Average Age
  • The tenure for the Liquidity Services management team is about average.
Management Team

Bill Angrick

TITLE
Co-founder
COMPENSATION
$1M
AGE
50
TENURE
19.4 yrs

Jorge Celaya

TITLE
Executive VP & CFO
COMPENSATION
$695K
AGE
52
TENURE
3.8 yrs

Mark Shaffer

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$469K
AGE
44
TENURE
2.9 yrs

Roger Gravley

TITLE
Senior Advisor
COMPENSATION
$722K
AGE
60
TENURE
0.1 yrs

Sam Guzman

TITLE
VP & Chief Accounting Officer
AGE
43
TENURE
1 yrs

Julie Davis

TITLE
Senior Director of Investor Relations

Nicholas Rozdilsky

TITLE
Vice President of Marketing

Mike Lutz

TITLE
Vice President of Human Resources
TENURE
7.4 yrs

JD Daunt

TITLE
Executive VP & Chief Commercial Officer
AGE
52
TENURE
0.2 yrs
Board of Directors Tenure

Average tenure and age of the Liquidity Services board of directors in years:

9.1
Average Tenure
57
Average Age
  • The tenure for the Liquidity Services board of directors is about average.
Board of Directors

Phil Clough

TITLE
Director
COMPENSATION
$148K
AGE
56
TENURE
14.8 yrs

Bill Angrick

TITLE
Co-founder
COMPENSATION
$1M
AGE
50
TENURE
19.4 yrs

George Ellis

TITLE
Director
COMPENSATION
$155K
AGE
69
TENURE
9.1 yrs

Beatriz Infante

TITLE
Director
COMPENSATION
$154K
AGE
64
TENURE
5.1 yrs

Pat Gross

TITLE
Lead Director
COMPENSATION
$148K
AGE
73
TENURE
5.8 yrs

Jaime Mateus-Tique

TITLE
Director
COMPENSATION
$140K
AGE
51
TENURE
19.2 yrs

Ed Kolodzieski

TITLE
Director
COMPENSATION
$146K
AGE
57
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • Liquidity Services insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
12. Apr 19 Sell James Rallo Individual 10. Apr 19 11. Apr 19 -4,908 $6.99 $-34,025
14. Feb 19 Sell George Ellis Individual 12. Feb 19 12. Feb 19 -10,500 $6.71 $-70,455
11. Jan 19 Sell James Rallo Individual 10. Jan 19 10. Jan 19 -9,816 $7.65 $-75,092
04. Jan 19 Sell James Rallo Individual 02. Jan 19 02. Jan 19 -4,090 $6.12 $-25,031
10. Dec 18 Sell James Rallo Individual 07. Dec 18 07. Dec 18 -4,785 $6.99 $-33,447
09. Oct 18 Sell Roger Gravley Individual 04. Oct 18 08. Oct 18 -6,587 $5.53 $-34,785
09. Oct 18 Sell James Rallo Individual 04. Oct 18 08. Oct 18 -9,322 $5.53 $-49,228
03. Oct 18 Sell Roger Gravley Individual 01. Oct 18 03. Oct 18 -4,760 $5.95 $-28,127
03. Oct 18 Sell James Rallo Individual 01. Oct 18 03. Oct 18 -6,737 $5.95 $-39,809
07. Aug 18 Sell Jorge Celaya Individual 03. Aug 18 07. Aug 18 -60,193 $7.05 $-421,679
X
Management checks
We assess Liquidity Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Liquidity Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Percentage Of Liquidity Services, Inc. (NASDAQ:LQDT) Shares Do Insiders Own?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' Liquidity Services is a smaller company with a market capitalization of US$197m, so it may still be flying under the radar of many institutional investors. … Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … See our latest analysis for Liquidity Services NasdaqGS:LQDT Ownership Summary, June 14th 2019 What Does The Institutional Ownership Tell Us About Liquidity Services?

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Does Liquidity Services, Inc. (NASDAQ:LQDT) Have A High Beta?

See our latest analysis for Liquidity Services What LQDT's beta value tells investors As it happens, Liquidity Services has a five year beta of 1.09. … Therefore, it's a bit surprising to see that this stock has a beta value so close to the overall market. … What this means for you: Liquidity Services has a beta value quite close to that of the overall market.

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Should You Be Pleased About The CEO Pay At Liquidity Services, Inc.'s (NASDAQ:LQDT)

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Bill Angrick's Compensation Compare With Similar Sized Companies. … is worth US$217m, and total annual CEO compensation is US$1.2m.

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Should You Be Worried About Insider Transactions At Liquidity Services, Inc. (NASDAQ:LQDT)?

So shareholders might well want to know whether insiders have been buying or selling shares in Liquidity Services, Inc. … Liquidity Services Insider Transactions Over The Last Year. … Over the last year we saw more insider selling of Liquidity Services shares, than buying

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Introducing Liquidity Services, The Stock That Tanked 74%

Liquidity Services isn't yet profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit. … In the last five years Liquidity Services saw its revenue shrink by 18% per year.

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How Does Liquidity Services, Inc. (NASDAQ:LQDT) Affect Your Portfolio Volatility?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).

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Is Liquidity Services, Inc. (NASDAQ:LQDT) A Financially Sound Company?

(NASDAQ:LQDT), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Does LQDT's growth rate justify its decision for financial flexibility over lower cost of capital … Debt capital generally has lower cost of capital compared to equity funding.

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Does Liquidity Services, Inc.'s (NASDAQ:LQDT) CEO Pay Reflect Performance?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Bill Angrick's Compensation Compare With Similar Sized Companies. … has a market cap of US$220m, and is paying total annual CEO compensation of US$2.1m.

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Do Insiders Own Shares In Liquidity Services Inc (NASDAQ:LQDT)?

A look at the shareholders of Liquidity Services Inc (NASDAQ:LQDT) can tell us which group is most powerful. … Liquidity Services is not a large company by global standards. … See our latest analysis for Liquidity Services

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Does Market Volatility Impact Liquidity Services Inc's (NASDAQ:LQDT) Share Price?

Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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Company Info

Description

Liquidity Services, Inc. provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment offering approximately 500 product categories. The company’s marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and capital assets; govdeals.com that enables local and state government entities, including city, county, and state agencies to sell surplus and salvage assets, as well as offers a suite of services that includes asset sales and marketing, and seller self-service; and auctiondeals.com, a self-service solution, which enable sellers list their own assets, and enable commercial businesses to sell surplus and salvage assets. It also operates networkintl.com, which enables corporations to sell idle, surplus, and scrap equipment in the oil and gas, petrochemical, and power generation industries; go-dove.com marketplace for corporations located in the United States, Europe, and Asia to sell manufacturing surplus and salvage capital assets, and scrap material; secondipity.com that provides consumers a source of products through donating a portion of the proceeds of sale to charity; and machinio.com, a search engine for used machinery and equipment. The company’s marketplaces provide professional buyers access to supply of new, surplus, and scrap assets presented with digital images and other relevant product information; and enable corporate and government sellers to enhance their financial return on assets offered for sale by providing a liquid marketplace and value-added services. It offers approximately 500 product categories in industry verticals, such as consumer electronics, general merchandise, apparel, scientific equipment, aerospace parts and equipment, technology hardware, energy equipment, industrial capital assets, fleet and transportation equipment, and specialty equipment. The company was founded in 1999 and is headquartered in Bethesda, Maryland.

Details
Name: Liquidity Services, Inc.
LQDT
Exchange: NasdaqGS
Founded: 1999
$205,332,919
33,496,398
Website: http://www.liquidityservices.com
Address: Liquidity Services, Inc.
6931 Arlington Road,
Suite 200,
Bethesda,
Maryland, 20814,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS LQDT Common Stock Nasdaq Global Select US USD 23. Feb 2006
DB L1S Common Stock Deutsche Boerse AG DE EUR 23. Feb 2006
Number of employees
Current staff
Staff numbers
669
Liquidity Services employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/20 00:05
End of day share price update: 2019/06/19 00:00
Last estimates confirmation: 2019/05/09
Last earnings filing: 2019/05/08
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.