What's Happening with PSMT
PriceSmart, Inc. (PSMT) is scheduled to report Quarter 3 numbers after the market close on July 7. Analysts forecast earnings of $0.41 per share for the quarter. During the same period last year the company earned $0.49, and the stock is down -2.6% on the year.
Technical Analysis
PSMT was recently trading at $71.94 down $20.17 from its 12-month high and $5.17 above its 12-month low. InvestorsObserver gives PSMT a 85 long-term technical score and a 11 short-term technical score. The stock has recent support above $68 and recent resistance below $78. Of the 1 analysts who cover the stock 1 rate it Strong Buy, 0 rate it Buy, 0 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, PSMT gets an overall score of 39 from InvestorsObserver.
Analysts' Thoughts
PSMT has shown annual earnings growth of -2.83% over the last five years, and looking ahead analysts expect the company to grow profits 15.00% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $1.00 EPS. PSMT is currently trading at $71.94 with an average price target of $95.00.