NASDAQ:PSMTPriceSmart Stock Price, Forecast & News

PriceSmart's stock was trading at $50.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PSMT stock has increased by 12.5% and is now trading at $57.05. 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 Wednesday, July 8th 2020. View our earnings forecast for PriceSmart.

PriceSmart, Inc. (NASDAQ:PSMT) posted its quarterly earnings results on Wednesday, April, 8th. The company reported $0.85 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.81 by $0.04. The firm earned $906.74 million during 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% on a year-over-year basis. During the same period in the previous year, the business posted $0.79 EPS. View PriceSmart's earnings history.

PriceSmart declared a semi-annual dividend on Tuesday, February 11th. Stockholders 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 analysts have issued 1-year target prices for PriceSmart's stock. Their forecasts range from $65.00 to $65.00. On average, they expect PriceSmart's share price to reach $65.00 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View analysts' price targets for PriceSmart.

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

News headlines about PSMT stock have trended very negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PriceSmart earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutPriceSmart.

PriceSmart saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 406,700 shares, a decline of 5.9% from the April 30th total of 432,400 shares. Based on an average daily volume of 177,200 shares, the days-to-cover ratio is currently 2.3 days. Approximately 2.0% of the company's 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."

PriceSmart's stock is owned by a variety of retail and institutional investors. Top institutional investors include EdgePoint Investment Group Inc. (13.30%), BlackRock Inc. (10.80%), State Street Corp (2.53%), Wells Fargo & Company MN (1.49%), Geode Capital Management LLC (1.10%) and Marathon Asset Management LLP (1.00%). 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 BlackRock Inc., Morgan Stanley, Morgan Stanley, Wells Fargo & Company MN, Strs Ohio, London Co. of Virginia, Acadian Asset Management LLC, and Arizona State Retirement System. Company insiders that have sold PriceSmart company stock in the last year include Chong Jesus Von, Frank Ramon Diaz, John D Hildebrandt, Philanthropies Foundatio Price, Robert E Price, and William J Naylon. View insider buying and selling activity for PriceSmart.

PSMT stock was bought by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., JPMorgan Chase & Co., State Street Corp, Deutsche Bank AG, Trexquant Investment LP, Geode Capital Management LLC, Nuveen Asset Management LLC, and KBC Group NV. 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 $57.05.

PriceSmart has a market capitalization of $1.75 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]