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
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) released its quarterly earnings data on Wednesday, January, 9th. The company reported $0.69 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.52 by $0.17. The business earned $779.60 million during 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 quarter in the prior year, the company earned $0.74 EPS. View PriceSmart's Earnings History.
When is PriceSmart's next earnings date?
What price target have analysts set for PSMT?
1 equities research analysts have issued 12-month target prices for PriceSmart's shares. Their forecasts range from $86.00 to $86.00. On average, they expect PriceSmart's share price to reach $86.00 in the next year. This suggests a possible upside of 37.3% 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 decreased by 1.4% in the month of January. PriceSmart stock rose by 0% in the first day of trading following the news.
Has PriceSmart been receiving favorable news coverage?
Media stories about PSMT stock have trended positive on Sunday, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing 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 nearest to five being the most favorable. PriceSmart earned a coverage optimism score of 2.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the immediate future.
Who are some of PriceSmart's key competitors?
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 a variety of of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (11.84%), BlackRock Inc. (4.97%), Genesis Asset Managers LLP (4.08%), Baillie Gifford & Co. (3.98%), Dimensional Fund Advisors LP (2.79%) and Bank of Montreal Can (1.30%). 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., London Co. of Virginia, Ceredex Value Advisors LLC, Suntrust Banks Inc., Citigroup Inc., Thornburg Investment Management Inc., MetLife Investment Advisors LLC and New York State Common Retirement Fund. 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 bought by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Dimensional Fund Advisors LP, Genesis Asset Managers LLP, Geode Capital Management LLC, Raymond James & Associates, SG Americas Securities LLC, Commonwealth Bank of Australia and Bank of New York Mellon Corp. 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 $62.64.
How big of a company is PriceSmart?
PriceSmart has a market capitalization of $1.91 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.
