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. 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) released its quarterly earnings results on Wednesday, April, 8th. The company reported $0.85 earnings per share for the quarter, topping the 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 return on equity of 10.33% and a net margin of 2.42%. PriceSmart's quarterly revenue was up 6.1% compared to the same quarter last year. 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. Shareholders 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 is Thursday, August 13th. View PriceSmart's dividend history.

1 equities research analysts have issued 12 month target prices for PriceSmart's stock. Their forecasts range from $65.00 to $65.00. On average, they anticipate PriceSmart's share price to reach $65.00 in the next year. This suggests a possible upside of 9.4% from the stock's current price. View analysts' price targets for PriceSmart.

Headlines about PSMT stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines 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 term. View the latest news about PriceSmart.

PriceSmart saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 533,400 shares, an increase of 7.3% from the June 15th total of 497,300 shares. Based on an average daily volume of 162,700 shares, the days-to-cover ratio is presently 3.3 days. Currently, 2.6% of the company's shares 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."

PriceSmart's stock is owned by a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.03%). 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 purchased by a variety of institutional investors in the last quarter, including Envestnet 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 $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]