PriceSmart Stock Forecast, Price & News

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. The consensus among Wall Street analysts is that investors should "hold" PriceSmart stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSMT, but not buy additional shares or sell existing shares.
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Wall Street analysts have given PriceSmart a "Hold" 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.
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PriceSmart is scheduled to release its next quarterly earnings announcement on Thursday, July 8th 2021.
View our earnings forecast for PriceSmart.

PriceSmart will be holding an earnings conference call on Thursday, July 8th 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) released its earnings results on Thursday, April, 8th. The company reported $0.92 earnings per share for the quarter, missing analysts' consensus estimates of $1.06 by $0.14. The business earned $937.60 million during the quarter, compared to the consensus estimate of $938.35 million. PriceSmart had a net margin of 2.59% and a trailing twelve-month return on equity of 10.46%. PriceSmart's revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.85 earnings per share.
View PriceSmart's earnings history.

PriceSmart's stock was trading at $50.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PSMT stock has increased by 74.0% and is now trading at $88.24.
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PriceSmart declared a semi-annual dividend on Tuesday, February 9th. Investors of record on Sunday, August 15th will be paid 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 0.78%.
View PriceSmart's dividend history.

1 brokers have issued twelve-month target prices for PriceSmart's stock. Their forecasts range from $78.00 to $78.00. On average, they expect PriceSmart's share price to reach $78.00 in the next twelve months. This suggests that the stock has a possible downside of 11.6%.
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PriceSmart same-store sales increased by 25.3% during the month of April. PriceSmart stock climbed by 0% in the first full-day of trading following the news.

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), MINISO Group (MNSO), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), Big Lots (BIG), Tuesday Morning (TUEM), Tuesday Morning (TUESQ) and Fred's (FREDQ).
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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 a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.71%), EdgePoint Investment Group Inc. (11.63%), Kayne Anderson Rudnick Investment Management LLC (10.53%), Dimensional Fund Advisors LP (3.57%), Black Creek Investment Management Inc. (3.35%) and Geode Capital Management LLC (1.33%). Company insiders that own PriceSmart stock include 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 sold by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Marathon Asset Management LLP, Renaissance Technologies LLC, SG Americas Securities LLC, Bank of Montreal Can, Northern Trust Corp, UBS Group AG, and Prudential Financial Inc.. Company insiders that have sold PriceSmart company stock in the last year include Brud E Drachman, 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 insider buying and selling activity for PriceSmart or view top insider-selling stocks.

PSMT stock was purchased by a variety of institutional investors in the last quarter, including Black Creek Investment Management Inc., BlackRock Inc., Acadian Asset Management LLC, Arrowstreet Capital Limited Partnership, Geode Capital Management LLC, D. E. Shaw & Co. Inc., Perpetual Investment Management Ltd, and Tudor Investment Corp Et Al.
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.
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One share of PSMT stock can currently be purchased for approximately $88.24.

PriceSmart has a market capitalization of $2.71 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]