$0.89 EPS Expected for PriceSmart, Inc. (PSMT)

March 15, 2018 - By Marguerite Chambers

 $0.89 EPS Expected for PriceSmart, Inc. (PSMT)
Investors sentiment decreased to 1.51 in Q3 2017. Its down 0.51, from 2.02 in 2017Q2. It is negative, as 12 investors sold PriceSmart, Inc. shares while 35 reduced holdings. 22 funds opened positions while 49 raised stakes. 21.92 million shares or 0.66% more from 21.77 million shares in 2017Q2 were reported.
Baillie Gifford & Company reported 1.26 million shares or 0.14% of all its holdings. Schwab Charles accumulated 149,174 shares. Rhumbline Advisers invested in 26,827 shares or 0.01% of the stock. The New York-based Qs Ltd Com has invested 0% in PriceSmart, Inc. (NASDAQ:PSMT). Bnp Paribas Arbitrage Sa accumulated 2,828 shares or 0% of the stock. Fmr Limited Liability Co accumulated 1.09 million shares or 0.01% of the stock. Fifth Third Natl Bank has 0% invested in PriceSmart, Inc. (NASDAQ:PSMT) for 1,943 shares. Wells Fargo Company Mn stated it has 282,737 shares. Tci Wealth Advsrs holds 0.12% of its portfolio in PriceSmart, Inc. (NASDAQ:PSMT) for 2,815 shares. Neuberger Berman Gru Ltd Liability Corporation has 0% invested in PriceSmart, Inc. (NASDAQ:PSMT). Horizon Kinetics Ltd Liability Corp owns 4,459 shares or 0.01% of their US portfolio. Natixis has invested 0% in PriceSmart, Inc. (NASDAQ:PSMT). Moreover, State Street Corp has 0% invested in PriceSmart, Inc. (NASDAQ:PSMT) for 470,299 shares. Kayne Anderson Rudnick Inv Mngmt Ltd Company owns 1.51 million shares or 1.22% of their US portfolio. Crawford Counsel owns 138,039 shares.

Analysts expect PriceSmart, Inc. (NASDAQ:PSMT) to report $0.89 EPS on April, 5 after the close.They anticipate $0.01 EPS change or 1.11 % from last quarter’s $0.9 EPS. PSMT’s profit would be $27.05M giving it 22.56 P/E if the $0.89 EPS is correct. After having $0.74 EPS previously, PriceSmart, Inc.’s analysts see 20.27 % EPS growth. The stock decreased 1.47% or $1.2 during the last trading session, reaching $80.3. About 82,116 shares traded. PriceSmart, Inc. (NASDAQ:PSMT) has risen 3.40% since March 15, 2017 and is uptrending. It has underperformed by 13.30% the S&P500.

PriceSmart, Inc. (NASDAQ:PSMT) Ratings Coverage

Among 3 analysts covering PriceSmart (NASDAQ:PSMT), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. PriceSmart had 7 analyst reports since September 1, 2015 according to SRatingsIntel. Scotia Capital downgraded PriceSmart, Inc. (NASDAQ:PSMT) rating on Friday, January 5. Scotia Capital has “Hold” rating and $90.0 target. Zacks upgraded the shares of PSMT in report on Tuesday, September 1 to “Sell” rating. TH Capital maintained PriceSmart, Inc. (NASDAQ:PSMT) on Monday, January 11 with “Buy” rating. The company was maintained on Thursday, September 28 by Roth Capital.

PriceSmart, Inc. owns and operates membership shopping warehouse clubs in the United States, Central America, Caribbean, and Colombia. The company has market cap of $2.44 billion. The companyÂ’s warehouse clubs offer brand name and private label consumer goods to individuals and businesses. It has a 27.69 P/E ratio. As of October 6, 2017, it operated 40 warehouse clubs comprising 7 each in Costa Rica and Colombia; 5 in Panama; 4 in Trinidad; 3 each in Guatemala, Honduras, and the Dominican Republic; 2 in El Salvador and Nicaragua; and 1 each in Aruba, Barbados, Jamaica, and the United States Virgin Islands.

More news for PriceSmart, Inc. (NASDAQ:PSMT) were recently published by: Streetinsider.com, which released: “Form SC 13G/A PRICESMART INC Filed by: PRICE T ROWE ASSOCIATES INC /MD/” on February 14, 2018. Prnewswire.com‘s article titled: “PriceSmart Announces February Sales; Provides Guidance on the Preliminary …” and published on March 07, 2018 is yet another important article.

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