PriceSmart (PSMT) Given News Sentiment Rating of 0.09
Headlines about PriceSmart (NASDAQ:PSMT) have been trending somewhat positive on Sunday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. PriceSmart earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.87272032181 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern’s rankings:
- Notable Two Hundred Day Moving Average Cross – PSMT (nasdaq.com)
- PriceSmart, Inc. Announces Semiannual Dividend of $0.35 (PSMT) (americanbankingnews.com)
- PriceSmart, Inc. (PSMT) Declares Semiannual Dividend of $0.35 (americanbankingnews.com)
- PriceSmart Announces Election of New Board Member, Voting Results from 2018 Annual Meeting of Stockholders, and a Semi-Annual Dividend (finance.yahoo.com)
PriceSmart (PSMT) traded up $0.55 during midday trading on Friday, reaching $87.65. The company’s stock had a trading volume of 92,198 shares, compared to its average volume of 173,613. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 0.44. PriceSmart has a 52 week low of $78.00 and a 52 week high of $94.00. The firm has a market cap of $2,648.15, a PE ratio of 30.22 and a beta of 1.31.
The company also recently declared a semiannual dividend, which will be paid on Friday, August 31st. Stockholders of record on Wednesday, August 15th will be paid a dividend of $0.35 per share. This represents a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, August 14th. PriceSmart’s dividend payout ratio (DPR) is 24.14%.
Several equities analysts have issued reports on the company. Zacks Investment Research cut PriceSmart from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. BidaskClub upgraded PriceSmart from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. Roth Capital reiterated a “buy” rating and set a $100.00 target price on shares of PriceSmart in a research report on Monday, October 2nd. Scotiabank reiterated a “sector perform” rating on shares of PriceSmart in a research report on Tuesday, January 9th. Finally, Scotia Howard Weill reiterated a “sector perform” rating on shares of PriceSmart in a research report on Friday, January 5th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $91.75.
In other news, EVP John D. Hildebrandt sold 1,614 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $83.47, for a total transaction of $134,720.58. Following the sale, the executive vice president now owns 17,237 shares of the company’s stock, valued at approximately $1,438,772.39. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Chong Jesus Von sold 620 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $80.28, for a total value of $49,773.60. Following the sale, the executive vice president now directly owns 27,001 shares in the company, valued at approximately $2,167,640.28. The disclosure for this sale can be found here. Insiders have sold a total of 44,997 shares of company stock worth $3,683,782 in the last three months. Corporate insiders own 28.00% of the company’s stock.
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PriceSmart Company Profile
PriceSmart, Inc, through its subsidiaries, is engaged in the international operation of membership shopping in warehouse clubs. In addition, the Company operates distribution centers and offices in the United States. The Company’s segments include the United States, Central America, the Caribbean and Colombia.
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