PriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in Central America, the Caribbean, and Colombia. Its warehouse clubs sells brand name and private label consumer goods to individuals and businesses. As of November 30, 2018, the company operated 41 warehouse clubs comprising 7 each in Colombia and Costa Rica; 5 in Panama; 4 each in Trinidad and Dominican Republic; 3 each in Guatemala and Honduras; 2 each in El Salvador and Nicaragua; and 1 each in Aruba, Barbados, Jamaica, and the United States Virgin Islands. PriceSmart, Inc. was founded in 1994 and is headquartered in San Diego, California.
Industry, Sector and Symbol
Industry Variety stores
Sub-IndustryHypermarkets & Super Centers
SectorRetail/Wholesale
Phone858-404-8800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.17 billion
Profitability
Miscellaneous
Employees8,680
Next Earnings Date4/9/2019 (Confirmed)
OptionableOptionable
PriceSmart (NASDAQ:PSMT) Frequently Asked Questions
What is PriceSmart's stock symbol?
PriceSmart trades on the NASDAQ under the ticker symbol "PSMT."
How often does PriceSmart pay dividends? What is the dividend yield for PriceSmart?
PriceSmart declared a semiannual dividend on Friday, February 1st. Shareholders of record on Friday, February 15th will be given a dividend of $0.35 per share on Thursday, February 28th. This represents a yield of 1.15%. The ex-dividend date of this dividend is Thursday, February 14th. View PriceSmart's Dividend History.
How were PriceSmart's earnings last quarter?
PriceSmart, Inc. (NASDAQ:PSMT) announced its earnings results on Wednesday, January, 9th. The company reported $0.69 EPS for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.17. The business had revenue of $779.60 million for the quarter, compared to analyst estimates of $795.03 million. PriceSmart had a return on equity of 11.73% and a net margin of 2.09%. PriceSmart's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.74 EPS. View PriceSmart's Earnings History.
When is PriceSmart's next earnings date?
How can I listen to PriceSmart's earnings call?
PriceSmart will be holding an earnings conference call on Wednesday, April 10th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8552098211.
What price target have analysts set for PSMT?
1 brokers have issued twelve-month target prices for PriceSmart's shares. Their predictions range from $86.00 to $86.00. On average, they anticipate PriceSmart's share price to reach $86.00 in the next year. This suggests a possible upside of 38.8% from the stock's current price. View Analyst Price Targets for PriceSmart.
What is the consensus analysts' recommendation for PriceSmart?
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." View Analyst Ratings for PriceSmart.
How were PriceSmart's same store sales last quarter?
PriceSmart same-store sales dropped 1.9% during the month of February. PriceSmart shares climbed by 0% in the first full-day of trading following the report.
Has PriceSmart been receiving favorable news coverage?
Media headlines about PSMT stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PriceSmart earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of PriceSmart's key competitors?
What other stocks do shareholders of PriceSmart own?
Who are PriceSmart's key executives?
PriceSmart's management team includes the folowing people:
- Mr. Robert E. Price, Founder & Exec. Chairman (Age 77)
- Ms. Sherry S. Bahrambeygui, CEO & Director (Age 55)
- Mr. Maarten O. Jager, CFO, Exec. VP & Principal Accounting Officer (Age 54)
- Mr. William J. Naylon, Exec. VP & COO (Age 57)
- Mr. Francisco J. Velasco, Exec. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Sec. (Age 48)
Who are PriceSmart's major shareholders?
PriceSmart's stock is owned by many different of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (11.84%), BlackRock Inc. (4.97%), FMR LLC (4.43%), Genesis Asset Managers LLP (4.08%), Baillie Gifford & Co. (3.98%) and Dimensional Fund Advisors LP (2.79%). Company insiders that own PriceSmart stock include Chong Jesus Von, Frank Ramon Diaz, John D Hildebrandt, John Heffner, Jose Luis Laparte, Laura Santana, Mitchell G Lynn, Robert E Price, Rodrigo Calvo, Sherry S Bahrambeygui and William J Naylon. View Institutional Ownership Trends for PriceSmart.
Which major investors are selling PriceSmart stock?
PSMT stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., FMR LLC, London Co. of Virginia, Ceredex Value Advisors LLC, Suntrust Banks Inc., Citigroup Inc., Thornburg Investment Management Inc. and MetLife Investment Advisors LLC. Company insiders that have sold PriceSmart company stock in the last year include Chong Jesus Von, Frank Ramon Diaz, John D Hildebrandt, Jose Luis Laparte, Mitchell G Lynn, Robert E Price, Rodrigo Calvo, Sherry S Bahrambeygui and William J Naylon. View Insider Buying and Selling for PriceSmart.
Which major investors are buying PriceSmart stock?
PSMT stock was purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Norges Bank, Dimensional Fund Advisors LP, Genesis Asset Managers LLP, Geode Capital Management LLC, Geode Capital Management LLC, Raymond James & Associates and SG Americas Securities LLC. View Insider Buying and Selling for PriceSmart.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is PriceSmart's stock price today?
One share of PSMT stock can currently be purchased for approximately $61.97.
How big of a company is PriceSmart?
PriceSmart has a market capitalization of $1.89 billion and generates $3.17 billion in revenue each year. The company earns $74.32 million in net income (profit) each year or $2.43 on an earnings per share basis. PriceSmart employs 8,680 workers across the globe.
What is PriceSmart's official website?
How can I contact PriceSmart?
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]
MarketBeat Community Rating for PriceSmart (NASDAQ PSMT)
MarketBeat's community ratings are surveys of what our community members think about PriceSmart and other stocks. Vote "Outperform" if you believe PSMT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSMT will underperform the S&P 500 over the long term. You may vote once every thirty days.
