PriceSmart Inc. Reaches New 12-Month High at $98.43 (PSMT)
PriceSmart (NASDAQ:PSMT)’s share price reached a new 52-week high during trading hours on Friday, Stock Ratings Network reports. The company traded as high as $98.43 and last traded at $98.35, with a volume of 46,271 shares traded. The stock had previously closed at $96.60.
PriceSmart has a one year low of $70.02 and a one year high of $98.53. The stock has a 50-day moving average of $90.54 and a 200-day moving average of $87.71. The company has a market cap of $2.914 billion and a price-to-earnings ratio of 36.19.
PriceSmart (NASDAQ:PSMT) last issued its quarterly earnings data on Wednesday, July 10th. The company reported $0.61 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.64 by $0.03. The company had revenue of $571.70 million for the quarter, compared to the consensus estimate of $573.56 million. During the same quarter last year, the company posted $0.52 earnings per share. PriceSmart’s revenue was up 13.1% compared to the same quarter last year. Analysts expect that PriceSmart will post $2.77 EPS for the current fiscal year.
PriceSmart, Inc (NASDAQ:PSMT) business consists primarily of international membership shopping warehouse clubs similar to warehouse clubs in the United States.
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