61.79 0.00 (0.00%)
After hours: 4:13PM EDT
|Bid||61.83 x 800|
|Ask||61.87 x 800|
|Day's Range||61.26 - 63.45|
|52 Week Range||48.06 - 86.35|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||26.33|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||0.70 (1.08%)|
|1y Target Est||76.00|
PriceSmart's (PSMT) strategy to sell limited products at low prices helped it generate member loyalty. Comps increase for third straight month.
SAN DIEGO, Sept. 9, 2019 /PRNewswire/ -- PriceSmart, Inc. (PSMT) today announced that for the month of August 2019, net merchandise sales increased 4.5% to $259.9 million, from $248.8 million in August a year earlier. For the twelve months ended August 31, 2019, net merchandise sales increased 1.2% to $3,091.3 million from $3,053.8 million for the twelve months ended August 31, 2018. There were 43 warehouse clubs in operation at the end of August 2019 and 41 warehouse clubs in operation at the end of August 2018.
SAN DIEGO, Aug. 21, 2019 /PRNewswire/ -- PriceSmart, Inc. (PSMT) today announced that on August 21, 2019, it acquired approximately 111,000 square feet of land in Colombia upon which the Company plans to construct its 47th warehouse club. This club will be located within the city of Bogota, Colombia. "Securing our third location in the Bogota metropolitan area underscores our commitment to growth in this important market. The 170th Street Bogota Club will be the 8th club in Colombia and our fourth currently under development, including clubs in Guatemala, Panama, and Costa Rica," commented Sherry Bahrambeygui, CEO of PriceSmart, Inc.
Macy's (M) reports negative earnings surprise during the second quarter of fiscal 2019. Lower-than-expected performance and trimmed view gravely hurt investor sentiment.
PriceSmart (PSMT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, Aug. 08, 2019 -- Bragar Eagel & Squire is investigating certain officers and directors of Grubhub, Inc. (NYSE: GRUB), Molson Coors Brewing Company (NYSE: TAP),.
NEW YORK, Aug. 07, 2019 -- Levi & Korsinsky announces it has commenced an investigation of PriceSmart, Inc. (NASDAQGS: PSMT) concerning possible breaches of fiduciary duty..
SAN DIEGO, Aug. 7, 2019 /PRNewswire/ -- PriceSmart, Inc. (PSMT) today announced that for the month of July 2019, net merchandise sales increased 2.8% to $255.8 million from $248.9 million in July a year earlier. For the eleven months ended July 31, 2019, net merchandise sales increased 0.9% to $2,831.4 million from $2,805.0 million in the same period last year. There were 43 warehouse clubs in operation at July 31, 2019 compared to 41 warehouse clubs in operation at July 31, 2018.
SAN DIEGO, Aug. 6, 2019 /PRNewswire/ -- PriceSmart, Inc. (PSMT) today announced that on July 31, 2019, it acquired approximately 227,000 square feet of land in Costa Rica, upon which the Company plans to open its 46th warehouse club. This club will be located within the city of Liberia, Costa Rica, which is situated in the northwestern part of Costa Rica and is approximately three hours from the capital city of San Jose, Costa Rica. This club will be PriceSmart's eighth warehouse club in Costa Rica and will be built as a small-club format in this secondary city.
How far off is PriceSmart, Inc. (NASDAQ:PSMT) from its intrinsic value? Using the most recent financial data, we'll...
Ross Stores (ROST) opens 28 outlets across 10 different states in June and July. Further, the company is on track to meet its target of inaugurating 100 stores in fiscal 2019.
NEW YORK, NY / ACCESSWIRE / July 22, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders ...
LOS ANGELES, CA / ACCESSWIRE / July 22, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against PriceSmart, Inc. ("PriceSmart" or "the Company") (PSMT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between October 26, 2017 and October 25, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before July 22, 2019.
NEW YORK, NY / ACCESWIRE / July 22, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss ...
NEW YORK, NY / ACCESSWIRE / July 22, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against PriceSmart, Inc. (“PriceSmart” or the “Company”) (NASDAQ: ...
NEW YORK, NY / ACCESSWIRE / July 22, 2019 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PriceSmart, Inc. (NASDAQ: PSMT) from October 26, 2017 through October ...
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against PriceSmart, Inc. (“PriceSmart” or “the Company”) (NASDAQ: PSMT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
When looking for new winning stocks, investors will often turn to the analysts. However, analysts often just maintain the same ratings so it’s hard to find fresh investing ideas. That’s why it’s a big deal if a company gets an upgrade from a trusted analyst, and when this happens investors should take notice. For example, HealthEquity, Inc. (HQY) share prices surged by 9% after Merrill Lynch analyst, Allen Lutz, upgraded the stock on July 19.Here are 10 stocks that got upgraded recently by the top Wall Street analysts. Stitch Fix, Inc. (SFIX)On July 21, five-star analyst, Scott Devitt, upgraded the online personal styling service from a Hold to a Buy and set a $35 price target. The Stifel Nicolaus analyst said, “Despite the slowdown in active client growth, we are confident in management’s ability to drive healthy ARPU growth in the intermediate term by continuing to improve keep rates through stronger personalization (Style Shuffle), high-quality client adds, and healthy retention.” He has a 71% success rate and on average gets a 23% return per rating. SFIX has a ‘Moderate Buy’ analyst consensus, with 4 Buy ratings vs 3 holds over the last three months. It has an average price target of $37, suggesting analysts believe share prices could jump by 38%. Applied Materials, Inc. (AMAT) AMAT got a vote of confidence yesterday from Goldman Sachs analyst, Toshiya Hari. Hari upgraded the semiconductor company to a Buy and raised the price target from $48 to $56. Its price target suggests upside potential of 17%. “We see AMAT benefiting from improved outlook due to leading WFE share position as well as favorable benefits from exposure to memory along with AMAT's increased willingness to deploy capital.” The stock boasts a ‘Strong Buy’ analyst consensus and $51 average price target, indicating 7% upside potential. Weight Watchers International, Inc. (WW)Top D.A. Davidson analyst, Linda Bolton Weiser, upgraded the weight loss program on July 19 to a Buy. She raised the price target from $25 to $32, suggesting 29% upside potential. “WW has already reported improved recruitment trends, chatter on app download data indicates stabilization of subscriber trends, and our proprietary analysis of Reddit comments indicates keto interest could be fading. Our data also show improved sentiment toward the meeting experience in 2Q19 vs. 1Q19. We believe 2019 earnings risk is low,” she said. However, the Street is cautious about WW. It has a ‘Hold’ analyst consensus and $26 average price target, suggesting 3% upside potential. Skechers USA, Inc. (SKX) On July 19, the shoemaker got an upgrade from Wedbush analyst, Christopher Svezia. He gave the stock a Buy rating and raised the price target from $31 to $46. He believes share prices could jump by as much as 18%. The analyst points to the company’s ability to manage expenses well in the past three quarters, and its focus on profitability as opposed to sales as the reason for the upgrade.SKX has a ‘Moderate Buy’ analyst consensus and a $43 average price target, suggesting 10% upside. PriceSmart, Inc. (PSMT)PriceSmart operates membership warehouse clubs in Central America and the Caribbean. Top Kansas City Capital analyst, Jonathan Braatz, upgraded PSMT to a Buy and set a $70 price target, demonstrating his belief that shares could rise by 13%. “The numbers have been getting stronger as the year has progressed. In June, PSMT reported that comparable-store sales rose 1.9% and, adjusted for currency, 4.7%. Still for the full year, we estimate this currency drag will be around $100 million,” he said. Braatz has an 83% success rate and a 17% average return per rating. The Street is cautiously optimistic on PSMT. It has a ‘Moderate Buy’ analyst consensus and $76 average price target, suggesting 23% upside. KBR, Inc. (KBR)The engineering company and former subsidiary of Haliburton was upgraded by Cowen & Co. analyst, Gautam Khanna, on July 19. The five-star analyst raised his price target from $23 to $31. Khanna has a 74% success rate and 14% average return per rating.KBR has a ‘Moderate Buy’ analyst consensus and $28 average price target, indicating 8% upside. American International Group, Inc. (AIG)On July 18, William Blair analyst, Adam Klauber, upgraded the insurance giant to a Buy as he believes it has long-term earning potential. “While it is still on the early side, we expect to see signs of a turnaround that should manifest over the next several years. The current management team appears to have laid the groundwork for a long-term rebound with significant mix repositioning, a shift in underwriting strategy, and de-risking of the investment portfolio,” he said. AIG boasts a ‘Strong Buy’ analyst consensus and $58 price target, suggesting 4% upside potential. Upwork Inc. (UPWK) Upwork is a global freelancing platform that facilitates collaboration between businesses and independent professionals. On June 26, Brent Thill of Jefferies upgraded his rating from a Hold to a Buy and set a $23 price target. “With the stock down 17% YTD and valuation at a 37% discount to peers, risk/reward has improved,” he said. The analyst has a 75% success rate and gets a 20% average return per rating," he said. UPWK has a ‘Moderate Buy’ analyst consensus and $22 average price target, suggesting 31% upside. Deckers Outdoor Corporation (DECK)DECK got a nod of approval from Merrill Lynch. Five-star analyst, Rafe Jadrosich, upgraded the footwear designer to a Buy and raised the price target from $150 to $180, suggesting 3% upside. “We like HOKA growth and buybacks which ought to generate a continuation in EPS upside,” Jadrosich said. The analyst boasts an impressive 83% success rate and a 32% average return per rating. The consensus among analysts is that DECK is a ‘Moderate Buy’. It has an average price target of $171. Analog Devices, Inc. (ADI)ADI is a semiconductor company specializing in data conversion, signal processing and power management technology. On June 10, Toshiya Hari also ugraded ADI from a Sell to a Buy and raised the price target from $101 to $114. “ADI, in our view, has exposure to multiple idiosyncratic revenue drivers. Specifically, we believe ADI's disproportionate exposure to the Comms Infrastructure end-market coupled with content gain opportunities in Automotive will drive growth that exceeds peers in the analog semiconductor space,” he said. ADI has a ‘Moderate Buy’ analyst consensus and $116 average price target.