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 shares have increased by 19.0% and is now trading at $60.33. 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 quarterly earnings data on Wednesday, April, 8th. The company reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.81 by $0.04. The business earned $906.74 million during the quarter, compared to the consensus estimate of $913.46 million. PriceSmart had a return on equity of 10.33% and a net margin of 2.42%. The business's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter last year, the firm 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 of this dividend is Thursday, August 13th. View PriceSmart's dividend history.

1 brokers 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 stock price to reach $65.00 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View analysts' price targets for PriceSmart.

Media headlines about PSMT stock have trended very negative this week, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PriceSmart earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about PriceSmart.

PriceSmart saw a increase in short interest in 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 trading volume of 180,900 shares, the short-interest ratio is presently 2.7 days. Approximately 2.4% of the shares of the stock are sold short. 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 $60.33.

PriceSmart has a market capitalization of $1.85 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]