<div id="readability-page-1"><p>PriceSmart, Inc. (NASDAQ:PSMT - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $114.59 and traded as high as $125.74. PriceSmart shares last traded at $125.16, with a volume of 139,288 shares trading hands.</p><h2>Analysts Set New Price Targets</h2><ul><li>Walmart Stock: Buy the Rip or Wait for the Dip? </li></ul><p>Several research analysts have issued reports on PSMT shares. Weiss Ratings  reiterated a &#34;buy (b+)&#34; rating on shares of PriceSmart in a report on Monday, December 15th. Wall Street Zen cut shares of PriceSmart from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a report on Friday, November 28th. One investment analyst  has rated the stock with a Buy rating,  According to MarketBeat, the company presently has an average rating of &#34;Buy&#34;.</p><p><b>Read Our Latest Stock Report on PSMT</b></p><h2>PriceSmart Price Performance</h2><ul><li>Time to Take a Bite of This Stock's Enticing Value</li></ul><p>The stock has a 50 day moving average price of $122.00 and a 200-day moving average price of $114.59. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.34 and a quick ratio of 0.57. The stock has a market capitalization of $3.87 billion, a price-to-earnings ratio of 25.97 and a beta of 0.76. </p><p>PriceSmart (NASDAQ:PSMT - Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $1.02 earnings per share for the quarter, missing analysts' consensus estimates of $1.10 by ($0.08). The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.33 billion. PriceSmart had a return on equity of 12.34% and a net margin of 2.81%.The business's revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.94 earnings per share.  On average, analysts forecast that  PriceSmart, Inc. will post 5.28 earnings per share for the current year. </p><h2>Insider Activity</h2><ul><li>Why This Retail Stock Is on Track to Hit a Multiyear High</li></ul><p>In other news, EVP Francisco Velasco sold 550 shares of the firm's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $122.82, for a total transaction of $67,551.00. Following the completion of the sale, the executive vice president owned 80,548 shares in the company, valued at $9,892,905.36. This trade represents a 0.68% decrease in their position. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which is available at this hyperlink. Also, COO John D. Hildebrandt sold 10,000 shares of the company's stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $115.10, for a total value of $1,151,000.00. Following the completion of the transaction, the chief operating officer directly owned 115,615 shares in the company, valued at approximately $13,307,286.50. This trade represents a 7.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 12,706 shares of company stock worth $1,467,980. Corporate insiders own  17.10% of the company's stock. </p><h2>Institutional Investors Weigh In On PriceSmart</h2><p>Several large investors have recently added to or reduced their stakes in PSMT. Geneos Wealth Management Inc. boosted its holdings in  PriceSmart by 560.0% in the first quarter. Geneos Wealth Management Inc. now owns 297 shares of the company's stock valued at $26,000 after purchasing an additional 252 shares during the period.  BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in  PriceSmart in the second quarter valued at $28,000.  First Horizon Corp purchased a new stake in  PriceSmart in the third quarter valued at approximately $30,000.  Steward Partners Investment Advisory LLC increased its stake in  PriceSmart by 52.5% in the second quarter. Steward Partners Investment Advisory LLC now owns 363 shares of the company's stock valued at $38,000 after purchasing an additional 125 shares during the period.  Finally, Mather Group LLC. acquired a new stake in  PriceSmart during the 3rd quarter worth approximately $39,000. 80.46% of the stock is owned by hedge funds and other institutional investors. </p><h2>PriceSmart Company Profile</h2> (Get Free Report)<p>PriceSmart, Inc <span>NASDAQ: PSMT<span></span></span> is a U.S.-based retailer specializing in membership warehouse clubs. Founded in 1993, the company operates under a business model that offers bulk quantities of goods at discounted prices to individuals and businesses that purchase annual memberships. PriceSmart's value proposition centers on low-cost operations, high-volume purchasing, and a no-frills shopping environment designed to pass savings directly to its members.  </p><p>The company's product assortment covers a broad range of merchandise categories, including groceries and fresh produce, household essentials, electronics, appliances, office supplies, furniture, and health and beauty items.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than PriceSmart</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>The Last Gold Bull Market </li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in PriceSmart Right Now?</h2><p>Before you consider PriceSmart, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PriceSmart wasn't on the list.</p><p>While PriceSmart currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PSMT

<p>PriceSmart (NASDAQ:PSMT) shares crossed above their 200-day moving average, trading as high as $125.74. Analysts have mixed ratings, with Weiss Ratings giving a 'buy' and Wall Street Zen a 'hold'. The company reported quarterly earnings of $1.02 per share, missing estimates. Insiders sold shares recently, and institutional investors have adjusted their stakes. PriceSmart operates membership warehouse clubs, offering bulk goods at discounted prices.</p>

PriceSmart (NASDAQ:PSMT) Share Price Crosses Above 200-Day Moving Average - Should You Sell?