NASDAQ:PSMTPriceSmart Stock Price, Forecast & News

PriceSmart's stock was trading at $50.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PSMT stock has increased by 30.5% and is now trading at $66.20.
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1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
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PriceSmart is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for PriceSmart.

PriceSmart, Inc. (NASDAQ:PSMT) issued its quarterly earnings data on Thursday, July, 9th. The company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.14. The business had revenue of $799.90 million for the quarter, compared to analysts' expectations of $693.45 million. PriceSmart had a net margin of 2.37% and a return on equity of 9.67%. PriceSmart's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
View PriceSmart's earnings history.

PriceSmart announced a semi-annual dividend on Tuesday, February 11th. Investors of record on Saturday, August 15th will be paid a dividend of $0.35 per share on Monday, August 31st. This represents a yield of 1.1%. The ex-dividend date is Thursday, August 13th.
View PriceSmart's dividend history.

1 Wall Street analysts have issued 12 month target prices for PriceSmart's stock. Their forecasts range from $78.00 to $78.00. On average, they expect PriceSmart's share price to reach $78.00 in the next year. This suggests a possible upside of 17.8% from the stock's current price.
View analysts' price targets for PriceSmart.

PriceSmart same store sales decreased by 4.9% in the month of June. PriceSmart stock rose by 0% in the first day of trading following the news.

Media coverage about PSMT stock has trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. PriceSmart earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days.
View the latest news about PriceSmart.

PriceSmart saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 1,070,000 shares, an increase of 41.9% from the January 31st total of 753,800 shares. Based on an average trading volume of 181,700 shares, the days-to-cover ratio is currently 5.9 days. Currently, 5.3% of the shares of the company are sold short.
View PriceSmart's Short Interest.

Some companies that are related to PriceSmart include Ollie's Bargain Outlet (OLLI), Five Below (FIVE), BJs Wholesale Club (BJ), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other PriceSmart investors own include salesforce.com (CRM), Walt Disney (DIS), NVIDIA (NVDA), AbbVie (ABBV), Alibaba Group (BABA), Bank of America (BAC), Micron Technology (MU), QUALCOMM (QCOM), Starbucks (SBUX) and Target (TGT).

PriceSmart trades on the NASDAQ under the ticker symbol "PSMT."

PriceSmart's stock is owned by a number of retail and institutional investors. Top institutional shareholders include EdgePoint Investment Group Inc. (12.12%), Kayne Anderson Rudnick Investment Management LLC (10.43%), Vanguard Group Inc. (8.34%), FMR LLC (4.11%), Marathon Asset Management LLP (1.57%) and Bank of New York Mellon Corp (0.95%). Company insiders that own PriceSmart stock include Chong Jesus Von, Frank Ramon Diaz, Gordon H Hanson, John D Hildebrandt, Jose Luis Laparte, Mitchell G Lynn, Philanthropies Foundatio Price, Robert E Price, Rodrigo Calvo, Sherry S Bahrambeygui and William J Naylon.
View institutional ownership trends for PriceSmart.

PSMT stock was sold by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., FMR LLC, Kayne Anderson Rudnick Investment Management LLC, Holocene Advisors LP, Bank of America Corp DE, Goldman Sachs Group Inc., London Co. of Virginia, and First Trust Advisors LP. Company insiders that have sold PriceSmart company stock in the last year include Chong Jesus Von, John D Hildebrandt, Philanthropies Foundatio Price, Robert E Price, and William J Naylon.
View insider buying and selling activity for PriceSmart.

PSMT stock was acquired by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, Prudential Financial Inc., Vanguard Group Inc., Bessemer Group Inc., Hussman Strategic Advisors Inc., SG Americas Securities LLC, Ziegler Capital Management LLC, and Duality Advisers LP.
View insider buying and selling activity for PriceSmart.

Shares of PSMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PSMT stock can currently be purchased for approximately $66.20.

PriceSmart has a market capitalization of $2.03 billion and generates $3.22 billion in revenue each year. PriceSmart employs 9,000 workers across the globe.

The official website for PriceSmart is www.pricesmart.com.

PriceSmart's mailing address is 9740 SCRANTON ROAD, SAN DIEGO CA, 92121. The company can be reached via phone at 858-404-8800 or via email at [email protected]