$0.66 EPS Expected for PriceSmart, Inc. (PSMT)

October 13, 2017 - By Winifred Garcia

 $0.66 EPS Expected for PriceSmart, Inc. (PSMT)
Investors sentiment increased to 2.02 in 2017 Q2. Its up 1.13, from 0.89 in 2017Q1. It improved, as 14 investors sold PriceSmart, Inc. shares while 28 reduced holdings. 21 funds opened positions while 64 raised stakes. 21.77 million shares or 0.55% more from 21.65 million shares in 2017Q1 were reported.
California Public Employees Retirement Systems reported 0.01% stake. 1.31M were reported by Baillie Gifford And. Teachers Retirement Systems Of The State Of Kentucky holds 0.04% or 40,783 shares in its portfolio. Shine Advisory Inc holds 947 shares. Kayne Anderson Rudnick Invest Management Ltd Liability Corporation holds 1.38M shares or 1.21% of its portfolio. Millennium Mngmt Limited Liability holds 0% of its portfolio in PriceSmart, Inc. (NASDAQ:PSMT) for 5,383 shares. Parallax Volatility Advisers Lp has invested 0% in PriceSmart, Inc. (NASDAQ:PSMT). Patten Group Inc stated it has 0% in PriceSmart, Inc. (NASDAQ:PSMT). Principal Financial Gp has 3,075 shares. Public Employees Retirement Association Of Colorado reported 4,115 shares. Great West Life Assurance Can reported 0% stake. Parametric Associate Limited Liability invested in 0% or 19,681 shares. Ameriprise Fincl holds 0% or 19,444 shares in its portfolio. The New York-based Qs Ltd Limited Liability Company has invested 0% in PriceSmart, Inc. (NASDAQ:PSMT). Wellington Mgmt Gp Limited Liability Partnership has 1.56 million shares for 0.03% of their portfolio.

Since May 2, 2017, it had 0 buys, and 1 sale for $210,066 activity. Another trade for 2,436 shares valued at $210,066 was sold by LYNN MITCHELL G.

Investors wait PriceSmart, Inc. (NASDAQ:PSMT) to report on October, 26 after the close. its quarterly earnings Wall Street analysts expect $0.66 earnings per share, down $0.08 or 10.81 % from last year’s $0.74 same quarter earnings. This translates into $20.09M profit for PSMT giving the stock a 33.98 P/E. This is assuming the current $0.66 EPS is accurate. PriceSmart, Inc.’s Wall Street analysts see 6.45 % EPS growth, taking into account the $0.62 EPS reproted in the previous quarter, The stock increased 0.17% or $0.15 during the last trading session, reaching $89.7. About 68,812 shares traded. PriceSmart, Inc. (NASDAQ:PSMT) has risen 3.40% since October 13, 2016 and is uptrending. It has underperformed by 13.30% the S&P500.

PriceSmart, Inc. (NASDAQ:PSMT) Ratings Coverage

Among 2 analysts covering PriceSmart (NASDAQ:PSMT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PriceSmart had 5 analyst reports since September 1, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, September 28 by Roth Capital. TH Capital maintained the stock with “Buy” rating in Monday, January 11 report. Zacks upgraded the shares of PSMT in report on Tuesday, September 1 to “Sell” rating.

PriceSmart, Inc., through its subsidiaries, is engaged in the international operation of membership shopping in warehouse clubs. The company has market cap of $2.73 billion. In addition, the Company operates distribution centers and offices in the United States. It has a 29.34 P/E ratio. The Company’s divisions include the United States, Central America, the Caribbean and Colombia.

More notable recent PriceSmart, Inc. (NASDAQ:PSMT) news were published by: Seekingalpha.com which released: “PriceSmart – Be Smart, Hold Off For Now” on April 10, 2017, also Fool.com with their article: “PriceSmart Inc. Earnings: Market Challenges Hold Growth Steady” published on July 06, 2017, Fool.com published: “PriceSmart Inc. Grows Despite Economic Challenges” on April 07, 2017. More interesting news about PriceSmart, Inc. (NASDAQ:PSMT) were released by: Seekingalpha.com and their article: “Good Luck Figuring Out PriceSmart” published on May 01, 2017 as well as Prnewswire.com‘s news article titled: “PriceSmart Announces May Sales; Third Quarter Earnings Release Dates Also …” with publication date: June 07, 2017.

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