Stock Rating Upgrade
In the last week the Value Trend Rating for PriceSmart Inc (NASDAQ: PSMT) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
PriceSmart Inc (NASDAQ: PSMT) stock rose slightly by 0.2% on 11/8/24. The stock closed at $90.19. NORMAL trading volume accompanied the advance. The stock has risen 8.6% during the last week and 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 VT Rating improved in recent days from D previously. The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PriceSmart has a neutral Appreciation Score of 44 and a neutral Power Rating of 53, producing the Low Neutral Value Trend Rating.
Be the first to comment