Pricesmart Inc (NASDAQ:PSMT) Sentiment Up, Because

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Sentiment for Pricesmart Inc (NASDAQ:PSMT)

Pricesmart Inc (NASDAQ:PSMT) institutional sentiment increased to 1.53 in 2018 Q2. Its up 0.48, from 1.05 in 2018Q1. The ratio has increased, as 72 institutional investors started new or increased holdings, while 47 reduced and sold their positions in Pricesmart Inc. The institutional investors in our partner’s database now possess: 23.41 million shares, up from 23.30 million shares in 2018Q1. Also, the number of institutional investors holding Pricesmart Inc in their top 10 holdings was flat from 2 to 2 for the same number . Sold All: 11 Reduced: 36 Increased: 48 New Position: 24.

PriceSmart, Inc. owns and operates membership shopping warehouse clubs in the United States, Central America, Caribbean, and Colombia. The company has market cap of $1.98 billion. The companyÂ’s warehouse clubs offer brand name and private label consumer goods to individuals and businesses. It has a 26.61 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.

The stock increased 1.11% or $0.71 during the last trading session, reaching $64.88. About 100,043 shares traded. PriceSmart, Inc. (NASDAQ:PSMT) has risen 4.40% since December 6, 2017 and is uptrending. It has underperformed by 11.22% the S&P500.

Analysts await PriceSmart, Inc. (NASDAQ:PSMT) to report earnings on January, 3. They expect $0.52 EPS, down 29.73 % or $0.22 from last year’s $0.74 per share. PSMT’s profit will be $15.84 million for 31.19 P/E if the $0.52 EPS becomes a reality. After $0.71 actual EPS reported by PriceSmart, Inc. for the previous quarter, Wall Street now forecasts -26.76 % negative EPS growth.

Genesis Asset Managers Llp holds 3.68% of its portfolio in PriceSmart, Inc. for 1.30 million shares. Lombard Odier Asset Management (Switzerland) Sa owns 301,600 shares or 2.88% of their US portfolio. Moreover, Edgepoint Investment Group Inc. has 2.56% invested in the company for 2.28 million shares. The California-based Kayne Anderson Rudnick Investment Management Llc has invested 1.28% in the stock. Pecaut & Co., a Iowa-based fund reported 18,330 shares.

Since January 1, 0001, it had 0 buys, and 14 selling transactions for $12.39 million activity.

More notable recent PriceSmart, Inc. (NASDAQ:PSMT) news were published by: Seekingalpha.com which released: “PriceSmart, Inc. (PSMT) CEO Jose Luis Laparte on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on July 06, 2018, also Seekingalpha.com with their article: “PriceSmart: What Are Bulls Expecting? – Seeking Alpha” published on July 15, 2018, Globenewswire.com published: “Bragar Eagel & Squire, PC is Investigating PriceSmart, Inc. (PSMT) on Behalf of Stockholders and Encourages PSMT Investors to Contact the Firm – GlobeNewswire” on November 20, 2018. More interesting news about PriceSmart, Inc. (NASDAQ:PSMT) were released by: Nasdaq.com and their article: “PriceSmart Continues to Showcase Soft Comps Performance – Nasdaq” published on November 12, 2018 as well as Benzinga.com‘s news article titled: “8 Stocks To Watch For April 5, 2018 – Benzinga” with publication date: April 05, 2018.

PriceSmart, Inc. (NASDAQ:PSMT) Institutional Positions Chart

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