PriceSmart Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PriceSmart stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSMT, but not buy additional shares or sell existing shares.
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Wall Street analysts have given PriceSmart a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PriceSmart wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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PriceSmart is scheduled to release its next quarterly earnings announcement on Thursday, April 8th 2021.
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PriceSmart will be holding an earnings conference call on Thursday, April 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

PriceSmart, Inc. (NASDAQ:PSMT) posted its quarterly earnings data on Wednesday, January, 6th. The company reported $0.90 EPS for the quarter, beating the Zacks' consensus estimate of $0.68 by $0.22. The firm earned $877.43 million during the quarter, compared to the consensus estimate of $837.37 million. PriceSmart had a net margin of 2.54% and a trailing twelve-month return on equity of 10.32%. PriceSmart's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.64 EPS.
View PriceSmart's earnings history.

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 85.1% and is now trading at $93.88.
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PriceSmart announced a semi-annual dividend on Tuesday, February 9th. Investors of record on Sunday, August 15th will be given a dividend of $0.35 per share on Tuesday, August 31st. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 12th.
View PriceSmart's dividend history.

PriceSmart pays an annual dividend of $0.70 per share and currently has a dividend yield of 0.74%.
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1 equities research analysts have issued 12-month price objectives for PriceSmart's shares. Their forecasts range from $78.00 to $78.00. On average, they expect PriceSmart's share price to reach $78.00 in the next twelve months. This suggests that the stock has a possible downside of 16.9%.
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PriceSmart same store sales dropped 1.7% in the month of December. PriceSmart shares climbed by 0% in the first full-day of trading following the report.

21 employees have rated PriceSmart CEO Jose Luis Laparte on Glassdoor.com. Jose Luis Laparte has an approval rating of 100% among PriceSmart's employees. This puts Jose Luis Laparte in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to PriceSmart include Five Below (FIVE), MINISO Group (MNSO), Ollie's Bargain Outlet (OLLI), BJ's Wholesale Club (BJ), Big Lots (BIG), 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), The 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (12.08%), Dimensional Fund Advisors LP (3.60%), Dimensional Fund Advisors LP (3.60%), Black Creek Investment Management Inc. (2.62%), Wells Fargo & Company MN (1.59%) and Marathon Asset Management LLP (1.32%). Company insiders that own PriceSmart stock include Brud E Drachman, Chong Jesus Von, Frank Ramon Diaz, Gordon H Hanson, Jeffrey Fisher, John D Hildebrandt, Juan Ignacio Biehl, Leon C Janks, 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 Renaissance Technologies LLC, Marathon Asset Management LLP, Panagora Asset Management Inc., Matarin Capital Management LLC, Northern Trust Corp, Trexquant Investment LP, State of Alaska Department of Revenue, and Principal Financial Group Inc.. Company insiders that have sold PriceSmart company stock in the last year include Brud E Drachman, Frank Ramon Diaz, Jeffrey Fisher, John D Hildebrandt, Juan Ignacio Biehl, Leon C Janks, Mitchell G Lynn, Philanthropies Foundatio Price, Robert E Price, Rodrigo Calvo, Sherry S Bahrambeygui, and William J Naylon.
View insider buying and selling activity for PriceSmart or view top insider-selling stocks.

PSMT stock was purchased by a variety of institutional investors in the last quarter, including Black Creek Investment Management Inc., BlackRock Inc., Perpetual Investment Management Limited, SG Americas Securities LLC, Bank of New York Mellon Corp, Morgan Stanley, Norges Bank, and Citigroup Inc..
View insider buying and selling activity for PriceSmart or or view top insider-buying stocks.

Shares of PSMT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PSMT stock can currently be purchased for approximately $93.88.

PriceSmart has a market capitalization of $2.89 billion and generates $3.33 billion in revenue each year.

PriceSmart employs 9,500 workers across the globe.

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

PriceSmart is headquartered at 9740 SCRANTON ROAD, SAN DIEGO CA, 92121.

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]