PriceSmart Stock Forecast, Price & News

Wall Street analysts have given PriceSmart a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but PriceSmart wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

PriceSmart is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for PriceSmart.

PriceSmart, Inc. (NASDAQ:PSMT) released its quarterly earnings data on Wednesday, July, 7th. The company reported $0.73 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.08. The business earned $895.26 million during the quarter, compared to the consensus estimate of $848.37 million. PriceSmart had a trailing twelve-month return on equity of 11.35% and a net margin of 2.80%. The business's revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.41 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 74.2% and is now trading at $88.34.
View which stocks have been most impacted by COVID-19.

PriceSmart declared a semi-annual dividend on Tuesday, February 9th. Shareholders 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 0.80%.
View PriceSmart's dividend history.

PriceSmart same store sales increased by 25.3% during the month of April. PriceSmart shares rose 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), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), MINISO Group (MNSO), Big Lots (BIG), Tuesday Morning (TUEM), Tuesday Morning (TUESQ) and Fred's (FREDQ).
View all of PSMT's competitors.

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 many different institutional and retail investors. Top institutional shareholders include Marathon Asset Management LLP (0.79%) and State of Alaska Department of Revenue (0.05%). Company insiders that own PriceSmart stock include Ana Luisa Bianchi, Brud E Drachman, Chong Jesus Von, 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 institutional ownership trends for PriceSmart.

PSMT stock was acquired by a variety of institutional investors in the last quarter, including Marathon Asset Management LLP, and State of Alaska Department of Revenue.
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.
Compare Top Brokerages Here.

One share of PSMT stock can currently be purchased for approximately $88.34.

PriceSmart has a market capitalization of $2.72 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]