NASDAQ:PSMTPriceSmart Stock Price, Forecast & 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 17.2% and is now trading at $59.43. View which stocks have been most impacted by Coronavirus.

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.

PriceSmart is scheduled to release its next quarterly earnings announcement on Thursday, July 9th 2020. View our earnings forecast for PriceSmart.

PriceSmart will be holding an earnings conference call on Thursday, July 9th 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) issued its earnings results on Wednesday, April, 8th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.81 by $0.04. The firm had revenue of $906.74 million for the quarter, compared to analysts' expectations of $913.46 million. PriceSmart had a net margin of 2.42% and a return on equity of 10.33%. The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.79 earnings per share. View PriceSmart's earnings history.

PriceSmart announced a semi-annual dividend on Tuesday, February 11th. Investors of record on Saturday, August 15th will be given 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 brokerages have issued 1 year price objectives for PriceSmart's stock. Their forecasts range from $65.00 to $65.00. On average, they expect PriceSmart's share price to reach $65.00 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View analysts' price targets for PriceSmart.

News coverage about PSMT stock has trended negative on Friday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. PriceSmart earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about PriceSmart.

PriceSmart saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 497,300 shares, an increase of 11.6% from the May 31st total of 445,700 shares. Based on an average daily trading volume, of 180,900 shares, the short-interest ratio is currently 2.7 days. Currently, 2.4% of the shares of the stock are short sold. View PriceSmart's Current Options Chain.

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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PriceSmart investors own include AbbVie (ABBV), Alibaba Group (BABA), salesforce.com (CRM), NVIDIA (NVDA), Target (TGT), United Technologies (UTX), Bank of America (BAC), Medtronic (MDT), Micron Technology (MU) and QUALCOMM (QCOM).

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

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 $59.43.

PriceSmart has a market capitalization of $1.82 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]