PriceSmart Inc Q3 2024 Earnings Revenue Beats Estimates, EPS Misses
| PSMT Stock | USD 89.74 0.14 0.16% |
Slightly above 55% of PriceSmart's investor base is interested to short. The analysis of current outlook of investing in PriceSmart suggests that many traders are impartial regarding PriceSmart's prospects. PriceSmart's investing sentiment can be driven by a variety of factors including economic data, PriceSmart's earnings reports, geopolitical events, and overall market trends.
PriceSmart |
Total Revenue Increased 12.1 percent year-over-year to 1.23 billion, surpassing analyst estimates of 1.21 billion.Net Merchandise Sales Grew 11.6 percent to 1.19 billio
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PriceSmart Current Investor Sentiment
Panic Vs Confidence
45
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use PriceSmart's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward PriceSmart.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
PriceSmart Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards PriceSmart can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
PriceSmart Fundamental Analysis
We analyze PriceSmart's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PriceSmart using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PriceSmart based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Insiders
Shares Owned By Insiders Comparative Analysis
PriceSmart is currently under evaluation in shares owned by insiders category among its peers. Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
PriceSmart Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PriceSmart stock to make a market-neutral strategy. Peer analysis of PriceSmart could also be used in its relative valuation, which is a method of valuing PriceSmart by comparing valuation metrics with similar companies.
Peers
PriceSmart Related Equities
| DLTR | Dollar Tree | 3.44 | ||||
| DQJCY | Pan Pacific | 2.80 | ||||
| WMMVY | Wal Mart | 2.25 | ||||
| TGT | Target | 1.71 | ||||
| DG | Dollar General | 1.32 | ||||
| WMT | Walmart | 0.62 | ||||
| DLMAF | Dollarama | 0.24 | ||||
| OLLI | Ollies Bargain | 0.19 | ||||
| BJ | BJs Wholesale | 0.30 | ||||
| BMRPF | BM European | 1.62 |
Additional Tools for PriceSmart Stock Analysis
When running PriceSmart's price analysis, check to measure PriceSmart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PriceSmart is operating at the current time. Most of PriceSmart's value examination focuses on studying past and present price action to predict the probability of PriceSmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PriceSmart's price. Additionally, you may evaluate how the addition of PriceSmart to your portfolios can decrease your overall portfolio volatility.