NASDAQ:PSMT - PriceSmart Stock Price, Forecast & News

PriceSmart's stock was trading at $50.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PSMT stock has increased by 2.1% and is now trading at $51.78. View which stocks have been mosted impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PriceSmart.

PriceSmart is scheduled to release its next quarterly earnings announcement on Wednesday, April 8th 2020. View our earnings forecast for PriceSmart.

PriceSmart will be holding an earnings conference call on Wednesday, April 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) posted its quarterly earnings data on Thursday, January, 9th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. The firm had revenue of $811.94 million for the quarter, compared to analysts' expectations of $827.30 million. PriceSmart had a return on equity of 10.58% and a net margin of 2.40%. The company's quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 EPS. View PriceSmart's earnings history.

PriceSmart announced a semi-annual dividend on Tuesday, February 11th. Investors of record on Saturday, August 15th will be paid a dividend of $0.35 per share on Monday, August 31st. This represents a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 13th. View PriceSmart's dividend history.

1 brokerages have issued 1-year price targets for PriceSmart's stock. Their forecasts range from $61.70 to $61.70. On average, they anticipate PriceSmart's stock price to reach $61.70 in the next year. This suggests a possible upside of 19.2% from the stock's current price. View analysts' price targets for PriceSmart.

PriceSmart same-store sales fell 0.1% during the month of February. PriceSmart shares dropped by 5.6% in the first full-day of trading following the report.

Press coverage about PSMT stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutPriceSmart.

PriceSmart saw a drop in short interest in the month of March. As of March 13th, there was short interest totaling 665,300 shares, a drop of 9.8% from the February 27th total of 737,700 shares. Based on an average trading volume of 160,100 shares, the days-to-cover ratio is currently 4.2 days. Approximately 3.3% of the company's stock are short sold. View PriceSmart's Current Options Chain.

Some companies that are related to PriceSmart include Five Below (FIVE), BJs Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FREDQ).

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

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

PriceSmart's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (10.56%), FMR LLC (3.75%), State Street Corp (2.29%), Renaissance Technologies LLC (1.57%), Genesis Investment Management LLP (1.20%) and Geode Capital Management LLC (1.05%). Company insiders that own PriceSmart stock include Chong Jesus Von, Frank Ramon Diaz, Gordon H Hanson, John D Hildebrandt, Jose Luis Laparte, 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 Genesis Investment Management LLP, Kayne Anderson Rudnick Investment Management LLC, Renaissance Technologies LLC, FMR LLC, Bank of Montreal Can, Bank of New York Mellon Corp, Mitsubishi UFJ Trust & Banking Corp, and AXA. Company insiders that have sold PriceSmart company stock in the last year include Chong Jesus Von, Frank Ramon Diaz, Gordon H Hanson, John D Hildebrandt, Philanthropies Foundatio Price, Robert E Price, Sherry S Bahrambeygui, and William J Naylon. View insider buying and selling activity for PriceSmart.

PSMT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Goldman Sachs Group Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Cubist Systematic Strategies LLC, Great West Life Assurance Co. Can, Man Group plc, Mackay Shields LLC, and Panagora Asset Management Inc.. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of PSMT stock can currently be purchased for approximately $51.78.

PriceSmart has a market capitalization of $1.59 billion and generates $3.22 billion in revenue each year. PriceSmart employs 9,000 workers across the globe. View additional information about PriceSmart.

The official website for PriceSmart is http://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]