Media headlines about PriceSmart (NASDAQ:PSMT) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. PriceSmart earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.8884329414816 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
PriceSmart (NASDAQ PSMT) opened at $79.90 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 0.44 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $2,415.56, a P/E ratio of 27.55 and a beta of 1.30. PriceSmart has a 12-month low of $77.50 and a 12-month high of $94.00.
PriceSmart (NASDAQ:PSMT) last announced its quarterly earnings results on Thursday, January 4th. The company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.08). The company had revenue of $767.10 million for the quarter, compared to analysts’ expectations of $764.67 million. PriceSmart had a net margin of 2.92% and a return on equity of 12.61%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.82 earnings per share. equities analysts predict that PriceSmart will post 3.2 EPS for the current year.
The business also recently declared a semiannual dividend, which will be paid on Friday, August 31st. Investors of record on Wednesday, August 15th will be given a dividend of $0.35 per share. This represents a yield of 0.8%. The ex-dividend date is Tuesday, August 14th. PriceSmart’s dividend payout ratio is currently 24.14%.
PSMT has been the subject of several research analyst reports. Zacks Investment Research upgraded PriceSmart from a “hold” rating to a “buy” rating and set a $92.00 price objective for the company in a research note on Saturday, January 13th. Scotiabank cut PriceSmart to a “hold” rating and set a $90.00 price objective for the company. in a research note on Friday, January 5th. BidaskClub upgraded PriceSmart from a “sell” rating to a “hold” rating in a research note on Thursday, January 4th. Ifs Securities upgraded PriceSmart from a “market perform” rating to an “outperform” rating in a research note on Friday, December 29th. Finally, Scotia Howard Weill restated a “sector perform” rating on shares of PriceSmart in a research note on Friday, January 5th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $92.50.
PriceSmart, Inc, through its subsidiaries, is engaged in the international operation of membership shopping in warehouse clubs. In addition, the Company operates distribution centers and offices in the United States. The Company’s segments include the United States, Central America, the Caribbean and Colombia.