Positive News SentimentPositive NewsNASDAQ:PSMT PriceSmart (PSMT) Stock Forecast, Price & News $74.43 -0.24 (-0.32%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$74.10▼$76.2350-Day Range$73.65▼$82.2652-Week Range$56.29▼$82.63Volume174,827 shsAverage Volume129,335 shsMarket Capitalization$2.31 billionP/E Ratio19.80Dividend Yield1.24%Price Target$82.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PriceSmart MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside10.1% Upside$82.00 Price TargetShort InterestBearish3.92% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.82Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$62,992 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 starsRetail/Wholesale Sector167th out of 212 stocksVariety Stores Industry9th out of 11 stocks 2.0 Analyst's Opinion Consensus RatingPriceSmart has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $82.00, PriceSmart has a forecasted upside of 10.1% from its current price of $74.51.Amount of Analyst CoveragePriceSmart has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.92% of the float of PriceSmart has been sold short.Short Interest Ratio / Days to CoverPriceSmart has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in PriceSmart has recently increased by 7.13%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldPriceSmart pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPriceSmart has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of PriceSmart is 24.47%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePriceSmart has received a -3.12% net impact score from Upright. The largest negative impact of Pricesmart in category "GHG emissions" seems to be driven mostly by its "Physical retail of seafood at a hypermarket", "Physical retail of processed meat products at a hypermarket", "Physical retail of clothing at a hypermarket", "Physical retail of dairy products at a hypermarket", "Physical retail of vehicle chemicals at a hypermarket", and "Physical retail of pet products at a hypermarket" products. See details.Environmental SustainabilityThe Environmental Impact score for PriceSmart is -1.82. Previous Next 3.2 News and Social Media Coverage News SentimentPriceSmart has a news sentiment score of 1.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for PriceSmart this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for PSMT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows3 people have added PriceSmart to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PriceSmart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $62,992.00 in company stock.Percentage Held by Insiders17.40% of the stock of PriceSmart is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions81.19% of the stock of PriceSmart is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of PriceSmart is 19.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.74.Price to Earnings Ratio vs. SectorThe P/E ratio of PriceSmart is 19.82, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.46.Price to Book Value per Share RatioPriceSmart has a P/B Ratio of 2.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PriceSmart (NASDAQ:PSMT) StockPriceSmart, Inc. owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. Its warehouse clubs sell brand name and private label consumer products, essential goods, fresh produce, prepared foods, and fresh-baked goods, as well as provides services, such as optical, tire center, and other ancillary services. The company also operates Click & Go, an e-commerce platform for online ordering, curbside pickup, and delivery services. PriceSmart, Inc. was incorporated in 1994 and is headquartered in San Diego, California.Read More PSMT Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PSMT Stock News HeadlinesSeptember 20, 2023 | marketbeat.com5 NYSE-Listed Emerging Market Stocks For Income Investors (PSMT)Emerging markets could be spotlighted in 2024 due to outsized growth; here are 5 emerging market stocks that pay dividends and trade on US exchangesSeptember 5, 2023 | marketbeat.com5 Ways to Play Retail that will Profit in 2023 (PSMT)The retail environment is shifting, but not all is lost. The group has clear winners that can provide healthy returns for investors.September 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.September 12, 2023 | finance.yahoo.comPriceSmart Stock Gets Premium Ratings By Selling At Low PricesSeptember 5, 2023 | finance.yahoo.comPriceSmart Announces Opening of Tenth Warehouse Club in Colombia and Earnings Release and Conference Call Details for the Fourth Quarter of Fiscal 2023August 31, 2023 | finance.yahoo.comPriceSmart (NASDAQ:PSMT) Hasn't Managed To Accelerate Its ReturnsAugust 24, 2023 | msn.comHow To Profit from these 3 Membership Club Stocks StrengthAugust 9, 2023 | finance.yahoo.comWhy You Might Be Interested In PriceSmart, Inc. (NASDAQ:PSMT) For Its Upcoming DividendSeptember 29, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.July 29, 2023 | finance.yahoo.comPriceSmart Announces Organizational ChangesJuly 14, 2023 | finance.yahoo.comPriceSmart, Inc. (NASDAQ:PSMT) Q3 2023 Earnings Call TranscriptJuly 12, 2023 | seekingalpha.comPriceSmart: Currency Tailwinds Partially Offset Regional WeaknessJuly 12, 2023 | finanznachrichten.dePriceSmart, Inc.: Pricesmart Announces Fiscal 2023 Third Quarter Operating Results And $75 Million Stock Buyback ProgramJuly 12, 2023 | finance.yahoo.comQ3 2023 PriceSmart Inc Earnings CallJuly 12, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, PriceSmart (NASDAQ:PSMT) Presents An OpportunityJuly 12, 2023 | seekingalpha.comPriceSmart's Q3 2023 Earnings: Resilient Business Model Shines ThroughJuly 11, 2023 | benzinga.comPriceSmart Records Mixed Q3 Performance, Authorizes $75M Share BuybackJuly 10, 2023 | finance.yahoo.comThese 2 Stocks Were Making Moves After Hours MondayJuly 10, 2023 | marketwatch.comPriceSmart 3Q Profit Climbs Amid Higher Merchandise SalesJuly 10, 2023 | finance.yahoo.comPriceSmart: Fiscal Q3 Earnings SnapshotJuly 10, 2023 | msn.comPriceSmart stock falls more than 6% after fiscal Q3 earningsJuly 7, 2023 | msn.comPricesmart Earnings PreviewJuly 4, 2023 | seekingalpha.comPriceSmart: The Next Costco?June 27, 2023 | stocknews.comIs PriceSmart (PSMT) a Better Buy than Walmart (WMT)?June 17, 2023 | finance.yahoo.comIs Now An Opportune Moment To Examine PriceSmart, Inc. (NASDAQ:PSMT)?June 3, 2023 | finance.yahoo.comPriceSmart (NASDAQ:PSMT) Will Pay A Larger Dividend Than Last Year At $0.46June 2, 2023 | finance.yahoo.comPriceSmart Announces Release of Its Comprehensive Environmental and Social Responsibility (ESR) Report for Fiscal Year 2022See More Headlines Receive PSMT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PriceSmart and its competitors with MarketBeat's FREE daily newsletter. Email Address PSMT Company Calendar Last Earnings7/11/2023Ex-Dividend for 8/31 Dividend8/14/2023Ex-Dividend for 8/31 Dividend8/14/2023Dividend Payable8/31/2023Dividend Payable8/31/2023Today9/29/2023Next Earnings (Confirmed)10/30/2023Fiscal Year End8/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Variety stores Sub-IndustryHypermarkets & Super Centers SectorRetail/Wholesale Current SymbolNASDAQ:PSMT CUSIP74151110 CIK1041803 Webwww.pricesmart.com Phone(858) 404-8800Fax858-581-4500Employees10,600Year Founded1993Price Target and Rating Average Stock Price Forecast$82.00 High Stock Price Forecast$82.00 Low Stock Price Forecast$82.00 Forecasted Upside/Downside+10.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$3.76 Trailing P/E Ratio19.82 Forward P/E RatioN/A P/E GrowthN/ANet Income$104.53 million Net Margins2.71% Pretax Margin4.03% Return on Equity12.20% Return on Assets6.74% Debt Debt-to-Equity Ratio0.11 Current Ratio1.44 Quick Ratio0.69 Sales & Book Value Annual Sales$4.07 billion Price / Sales0.57 Cash Flow$5.59 per share Price / Cash Flow13.34 Book Value$32.04 per share Price / Book2.33Miscellaneous Outstanding Shares31,050,000Free Float25,646,000Market Cap$2.31 billion OptionableOptionable Beta0.89 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Robert E. Price (Age 81)Founder, Interim CEO & Chairman Mr. John D. Hildebrandt (Age 65)Pres & COO Comp: $1.06MMr. Michael L. McCleary CPA (Age 58)CPA, Exec. VP, CFO & Principal Accounting Officer Comp: $1.09MMr. Francisco J. Velasco (Age 52)Exec. VP, Gen. Counsel, Corp. Sec. and Chief Ethics & Compliance Officer Comp: $1.05MMr. Wayne J. Sadin (Age 69)Exec. VP & Chief Information Officer Mr. Alberto MoralesSr. VP of HRMr. Brud E. Drachman (Age 68)Exec. VP of Environmental Responsibility, Construction & Facilities Ms. Catherine D. Alvarez-SmithSr. VP of Operational ControllingMr. Rodrigo Calvo (Age 52)Exec. VP of Real Estate Mr. Christopher Souhrada (Age 52)Exec. VP of Club Operations More ExecutivesKey CompetitorsFive BelowNASDAQ:FIVEMINISO GroupNYSE:MNSONordstromNYSE:JWNKohl'sNYSE:KSSACV AuctionsNASDAQ:ACVAView All CompetitorsInsiders & InstitutionsBarclays PLCSold 5,427 shares on 9/21/2023Ownership: 0.035%Portside Wealth Group LLCBought 61,974 shares on 9/1/2023Ownership: 0.200%Alberta Investment Management CorpSold 5,334 shares on 8/24/2023Ownership: 0.009%California State Teachers Retirement SystemBought 515 shares on 8/21/2023Ownership: 0.102%Teachers Retirement System of The State of KentuckyBought 439 shares on 8/21/2023Ownership: 0.026%View All Insider TransactionsView All Institutional Transactions PSMT Stock - Frequently Asked Questions Should I buy or sell PriceSmart stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PSMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSMT, but not buy additional shares or sell existing shares. View PSMT analyst ratings or view top-rated stocks. What is PriceSmart's stock price forecast for 2023? 1 equities research analysts have issued twelve-month price objectives for PriceSmart's shares. Their PSMT share price forecasts range from $82.00 to $82.00. On average, they expect the company's stock price to reach $82.00 in the next twelve months. This suggests a possible upside of 10.1% from the stock's current price. View analysts price targets for PSMT or view top-rated stocks among Wall Street analysts. How have PSMT shares performed in 2023? PriceSmart's stock was trading at $60.78 at the start of the year. Since then, PSMT shares have increased by 22.6% and is now trading at $74.51. View the best growth stocks for 2023 here. When is PriceSmart's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. View our PSMT earnings forecast. How can I listen to PriceSmart's earnings call? PriceSmart will be holding an earnings conference call on Tuesday, October 31st at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8692 with passcode "496180 #". How were PriceSmart's earnings last quarter? PriceSmart, Inc. (NASDAQ:PSMT) posted its quarterly earnings results on Tuesday, July, 11th. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.09. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. PriceSmart had a net margin of 2.71% and a trailing twelve-month return on equity of 12.20%. The firm's revenue was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.62 EPS. How often does PriceSmart pay dividends? What is the dividend yield for PriceSmart? PriceSmart announced a Semi-Annual dividend on Friday, February 3rd. Investors of record on Tuesday, August 15th will be given a dividend of $0.46 per share on Thursday, August 31st. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, August 14th. Read our dividend analysis for PSMT. What ETFs hold PriceSmart's stock? ETFs with the largest weight of PriceSmart (NASDAQ:PSMT) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC), Qraft AI-Enhanced Next Value ETF (NVQ), Harbor Corporate Culture Small Cap ETF (HAPS) and Small Cap US Equity Select ETF (RNSC).SPDR S&P 600 Small Cap ETF (SLY). Is PriceSmart a good dividend stock? PriceSmart (NASDAQ:PSMT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 1.24%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.47%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PSMT. What is Jose Luis Laparte's approval rating as PriceSmart's CEO? 21 employees have rated PriceSmart Chief Executive Officer Jose Luis Laparte on Glassdoor.com. Jose Luis Laparte has an approval rating of 100% among the company's employees. This puts Jose Luis Laparte in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of PriceSmart own? Based on aggregate information from My MarketBeat watchlists, some companies that other PriceSmart investors own include Salesforce (CRM), NVIDIA (NVDA), Walt Disney (DIS), AbbVie (ABBV), Alibaba Group (BABA), Micron Technology (MU), QUALCOMM (QCOM), Visa (V), Home Depot (HD) and Starbucks (SBUX). What is PriceSmart's stock symbol? PriceSmart trades on the NASDAQ under the ticker symbol "PSMT." How do I buy shares of PriceSmart? Shares of PSMT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is PriceSmart's stock price today? One share of PSMT stock can currently be purchased for approximately $74.51. How much money does PriceSmart make? PriceSmart (NASDAQ:PSMT) has a market capitalization of $2.31 billion and generates $4.07 billion in revenue each year. The company earns $104.53 million in net income (profit) each year or $3.76 on an earnings per share basis. How many employees does PriceSmart have? The company employs 10,600 workers across the globe. How can I contact PriceSmart? PriceSmart's mailing address is 9740 SCRANTON ROAD, SAN DIEGO CA, 92121. The official website for the company is www.pricesmart.com. The company can be reached via phone at (858) 404-8800, via email at ir@pricesmart.com, or via fax at 858-581-4500. This page (NASDAQ:PSMT) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PriceSmart, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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