PriceSmart, Inc. (PSMT) Analysts See $0.83 EPS; 10 Analysts Are Bullish VeriFone Systems, Inc. (PAY) Last Week

December 18, 2017 - By Migdalia James

Among 31 analysts covering Verifone Systems Inc. (NYSE:PAY), 10 have Buy rating, 1 Sell and 20 Hold. Therefore 32% are positive. Verifone Systems Inc. had 76 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of VeriFone Systems, Inc. (NYSE:PAY) earned “Buy” rating by Stifel Nicolaus on Friday, September 2. The firm earned “Neutral” rating on Wednesday, September 6 by Northcoast. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, June 8. On Wednesday, June 8 the stock rating was maintained by SunTrust with “Buy”. On Friday, December 11 the stock rating was initiated by Credit Suisse with “Neutral”. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, June 8. RBC Capital Markets maintained it with “Sector Perform” rating and $28 target in Wednesday, June 8 report. The company was maintained on Wednesday, June 8 by Deutsche Bank. The firm has “Outperform” rating given on Friday, September 11 by Imperial Capital. The rating was maintained by Barclays Capital on Friday, June 9 with “Hold”. See VeriFone Systems, Inc. (NYSE:PAY) latest ratings:

13/12/2017 Broker: SunTrust Rating: Buy New Target: $23.0
13/12/2017 Broker: Credit Suisse Rating: Neutral Old Target: $20 New Target: $21 Maintain
11/12/2017 Broker: Raymond James Rating: Buy New Target: $22.0 Maintain
16/11/2017 Broker: Raymond James Old Rating: Strong Buy New Rating: Outperform Downgrade
14/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $20.0 Maintain
13/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $20.0 Maintain
25/09/2017 Broker: Tigress Financial Rating: Buy Maintain
15/09/2017 Broker: Citigroup Rating: Hold New Target: $23.0 Initiate
12/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $20.0 Maintain
12/09/2017 Broker: Bank of America Rating: Underperform New Target: $19 Initiates Coverage On

Analysts expect PriceSmart, Inc. (NASDAQ:PSMT) to report $0.83 EPS on January, 4.They anticipate $0.01 EPS change or 1.22% from last quarter’s $0.82 EPS. PSMT’s profit would be $25.23M giving it 25.89 P/E if the $0.83 EPS is correct. After having $0.64 EPS previously, PriceSmart, Inc.’s analysts see 29.69% EPS growth. The stock increased 2.81% or $2.35 during the last trading session, reaching $85.95. About 215,691 shares traded or 103.06% up from the average. PriceSmart, Inc. (NASDAQ:PSMT) has risen 3.40% since December 18, 2016 and is uptrending. It has underperformed by 13.30% the S&P500.

Among 2 analysts covering PriceSmart (NASDAQ:PSMT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. PriceSmart has $10200 highest and $85 lowest target. $93.50’s average target is 8.78% above currents $85.95 stock price. PriceSmart had 5 analyst reports since September 1, 2015 according to SRatingsIntel. Zacks upgraded PriceSmart, Inc. (NASDAQ:PSMT) on Tuesday, September 1 to “Sell” rating. The rating was maintained by TH Capital with “Buy” on Monday, January 11. The stock of PriceSmart, Inc. (NASDAQ:PSMT) has “Buy” rating given on Thursday, September 28 by Roth Capital.

Investors sentiment decreased to 1.51 in Q2 2017. Its down 0.51, from 2.02 in 2017Q1. It turned negative, as 14 investors sold PriceSmart, Inc. shares while 28 reduced holdings. 21 funds opened positions while 64 raised stakes. 21.77 million shares or 0.55% more from 21.65 million shares in 2017Q1 were reported. The Florida-based Raymond James And Assocs has invested 0.01% in PriceSmart, Inc. (NASDAQ:PSMT). Swiss Bank stated it has 35,500 shares. London Of Virginia holds 0.53% or 893,930 shares in its portfolio. Assetmark owns 58 shares or 0% of their US portfolio. Germany-based Deutsche Fincl Bank Ag has invested 0% in PriceSmart, Inc. (NASDAQ:PSMT). Rhumbline Advisers holds 0.01% or 26,442 shares in its portfolio. Prudential reported 0% stake. Fmr Limited Liability has invested 0.01% in PriceSmart, Inc. (NASDAQ:PSMT). Eaton Vance Mngmt has 0.01% invested in PriceSmart, Inc. (NASDAQ:PSMT) for 46,212 shares. Jefferies Gp Limited Company owns 3,445 shares. Tudor Investment Et Al holds 0.01% or 3,724 shares. 20,080 were accumulated by Pecaut. California Pub Employees Retirement invested in 43,000 shares or 0.01% of the stock. Hsbc Holdings Public Limited Co accumulated 5,056 shares or 0% of the stock. 4.24M were reported by Price T Rowe Md.

PriceSmart, Inc. owns and operates membership shopping warehouse clubs in the United States, Central America, Caribbean, and Colombia. The company has market cap of $2.61 billion. The companyÂ’s warehouse clubs offer brand name and private label consumer goods to individuals and businesses. It has a 28.86 P/E ratio. As of October 6, 2017, it operated 40 warehouse clubs comprising 7 each in Costa Rica and Colombia; 5 in Panama; 4 in Trinidad; 3 each in Guatemala, Honduras, and the Dominican Republic; 2 in El Salvador and Nicaragua; and 1 each in Aruba, Barbados, Jamaica, and the United States Virgin Islands.

Since July 17, 2017, it had 0 insider buys, and 1 insider sale for $302,258 activity. The insider Bahrambeygui Sherry S. sold 3,561 shares worth $302,258.

The stock increased 2.00% or $0.355 during the last trading session, reaching $18.115. About 1.17 million shares traded. VeriFone Systems, Inc. (NYSE:PAY) has declined 31.93% since December 18, 2016 and is downtrending. It has underperformed by 48.63% the S&P500.

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