PriceSmart (PSMT) Earns Media Sentiment Rating of 0.05

Media coverage about PriceSmart (NASDAQ:PSMT) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PriceSmart earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.1270556791817 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

PSMT has been the topic of several research analyst reports. TheStreet upgraded shares of PriceSmart from a “c+” rating to a “b” rating in a research report on Monday, October 23rd. Ifs Securities upgraded shares of PriceSmart from a “market perform” rating to an “outperform” rating in a research report on Friday, December 29th. BidaskClub lowered shares of PriceSmart from a “hold” rating to a “sell” rating in a research report on Thursday, December 21st. Zacks Investment Research lowered shares of PriceSmart from a “hold” rating to a “sell” rating in a research report on Tuesday, November 28th. Finally, Roth Capital restated a “buy” rating and set a $100.00 target price on shares of PriceSmart in a research report on Monday, October 2nd. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $91.75.

Shares of PriceSmart (NASDAQ PSMT) opened at $83.00 on Friday. PriceSmart has a 1 year low of $78.00 and a 1 year high of $94.00. The company has a quick ratio of 0.44, a current ratio of 1.39 and a debt-to-equity ratio of 0.11. The company has a market cap of $2,502.21, a PE ratio of 28.62 and a beta of 1.31.

PriceSmart (NASDAQ:PSMT) last released its quarterly earnings data on Thursday, January 4th. The company reported $0.74 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.08). PriceSmart had a return on equity of 12.61% and a net margin of 2.92%. The business had revenue of $767.10 million during the quarter, compared to analysts’ expectations of $764.67 million. During the same quarter in the prior year, the firm earned $0.82 earnings per share. PriceSmart’s quarterly revenue was up 3.7% on a year-over-year basis. analysts anticipate that PriceSmart will post 3.2 earnings per share for the current fiscal year.

In related news, EVP John D. Hildebrandt sold 1,614 shares of the business’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $83.47, for a total value of $134,720.58. Following the sale, the executive vice president now directly owns 17,237 shares in the company, valued at approximately $1,438,772.39. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Sherry S. Bahrambeygui sold 16,200 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $81.55, for a total transaction of $1,321,110.00. Following the completion of the sale, the director now owns 125,813 shares in the company, valued at $10,260,050.15. The disclosure for this sale can be found here. Insiders sold a total of 44,997 shares of company stock worth $3,683,782 over the last quarter. Insiders own 28.00% of the company’s stock.

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PriceSmart Company Profile

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.

Insider Buying and Selling by Quarter for PriceSmart (NASDAQ:PSMT)

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