PriceSmart - PSMT Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PSMT shares.
View PSMT analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1 year target prices for PriceSmart's stock. Their PSMT share price forecasts range from $100.00 to $100.00. On average, they predict the company's share price to reach $100.00 in the next twelve months. This suggests a possible upside of 71.0% from the stock's current price.
View analysts price targets for PSMT or view top-rated stocks among Wall Street analysts.

PriceSmart's stock was trading at $73.17 at the start of the year. Since then, PSMT shares have decreased by 20.1% and is now trading at $58.47.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our PSMT earnings forecast.

PriceSmart, Inc. (NASDAQ:PSMT) issued its quarterly earnings results on Monday, July, 11th. The company reported $0.62 EPS for the quarter. The business earned $1.03 billion during the quarter, compared to the consensus estimate of $951.87 million. PriceSmart had a trailing twelve-month return on equity of 10.65% and a net margin of 2.55%. The company's revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 EPS.

PriceSmart declared a semi-annual dividend on Tuesday, February 8th. Shareholders of record on Monday, August 15th will be given a dividend of $0.43 per share on Wednesday, August 31st. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, August 12th.
Read our dividend analysis for PSMT.

PriceSmart (NASDAQ:PSMT) pays an annual dividend of $0.86 per share and currently has a dividend yield of 1.48%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PSMT.

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.

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).

PriceSmart trades on the NASDAQ under the ticker symbol "PSMT."

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.
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One share of PSMT stock can currently be purchased for approximately $58.47.

PriceSmart (NASDAQ:PSMT) has a market capitalization of $1.81 billion and generates $3.62 billion in revenue each year. The company earns $97.96 million in net income (profit) each year or $3.26 on an earnings per share basis.

The company employs 10,400 workers across the globe.

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.