PriceSmart Stock Forecast, Price & News

PriceSmart's stock was trading at $50.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PSMT stock has increased by 40.6% and is now trading at $71.30.
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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 Thursday, October 29th 2020.
View our earnings forecast for PriceSmart.

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

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

1 brokers 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 stock price to reach $78.00 in the next year. This suggests a possible upside of 9.4% from the stock's current price.
View analysts' price targets for PriceSmart.

Some companies that are related to PriceSmart include Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), Big Lots (BIG), Tuesday Morning (TUES), Tuesday Morning (TUESQ) 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), NVIDIA (NVDA), The Walt Disney (DIS), AbbVie (ABBV), Alibaba Group (BABA), Micron Technology (MU), QUALCOMM (QCOM), Visa (V), Home Depot (HD) and Starbucks (SBUX).

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

PriceSmart's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Crawford Investment Counsel Inc. (0.25%), State of Alaska Department of Revenue (0.07%), Ziegler Capital Management LLC (0.06%), Dupont Capital Management Corp (0.04%), Louisiana State Employees Retirement System (0.04%) and Envestnet Asset Management Inc. (0.03%). Company insiders that own PriceSmart stock include Chong Jesus Von, Frank Ramon Diaz, Gordon H Hanson, John D Hildebrandt, Jose Luis Laparte, Juan Ignacio Biehl, 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 Crawford Investment Counsel Inc., Dupont Capital Management Corp, KBC Group NV, and Envestnet Asset Management Inc.. Company insiders that have sold PriceSmart company stock in the last year include Chong Jesus Von, John D Hildebrandt, Juan Ignacio Biehl, Philanthropies Foundatio Price, Robert E Price, and William J Naylon.
View insider buying and selling activity for PriceSmart.

PSMT stock was purchased by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Ziegler Capital Management LLC, Nachman Norwood & Parrott Inc, State of Alaska Department of Revenue, and Nisa Investment Advisors LLC.
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 $71.30.

PriceSmart has a market capitalization of $2.19 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]