PriceSmart Inc (NASDAQ: PSMT) has reported earnings for its fourth fiscal quarter (ending August 31) of $0.94 versus $0.49 for the same period a year ago — an increase of 92%. For the latest four quarters through August 31, E.P.S. were $4.57 versus $3.51 for the same period a year ago — an increase of 30%.
Recent Price Action
PriceSmart Inc (NASDAQ: PSMT) stock declined modestly by -1.1% on 10/30/24. The stock closed at $89.31. NORMAL trading volume accompanied the decline. The stock has declined -3.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, PSMT is expected to continue to be a Value Builder.
PriceSmart has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. PriceSmart has a neutral Power Rating of 48 and a neutral Appreciation Score of 44, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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