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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
NASDAQ:PSMT

PriceSmart (PSMT) Stock Price, News & Analysis

$80.42
+1.03 (+1.30%)
(As of 04/18/2024 ET)
Today's Range
$78.86
$80.73
50-Day Range
$78.20
$84.14
52-Week Range
$61.82
$86.90
Volume
215,158 shs
Average Volume
155,679 shs
Market Capitalization
$2.45 billion
P/E Ratio
20.21
Dividend Yield
1.44%
Price Target
$90.00

PriceSmart MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.9% Upside
$90.00 Price Target
Short Interest
Healthy
2.97% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.82
Upright™ Environmental Score
News Sentiment
0.68mentions of PriceSmart in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$159,840 Sold Last Quarter
Proj. Earnings Growth
18.95%
From $4.38 to $5.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Retail/Wholesale Sector

12th out of 198 stocks

Variety Stores Industry

1st out of 11 stocks

PSMT stock logo

About PriceSmart Stock (NASDAQ:PSMT)

PriceSmart, Inc. owns and operates U.S.-style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. The company provides basic and private label consumer products under the Member's Selection brand, including groceries, cleaning supplies, health and beauty aids, meat, produce, deli, seafood, and poultry. It offers electronics, large and small appliances, automotive, hardware, sporting goods, seasonal products, clothing, domestics, and home furnishing products. In addition, the company offers food and bakery services, as well as health services, such as optical, audiology, and pharmacy. Further, it operates 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.

PSMT Stock Price History

PSMT Stock News Headlines

Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
PriceSmart Could Be the Smartest Buy of the Year
PriceSmart's NASDAQ: PSMT shares soared on the Q2 results and outlook but did not hold the gains. As ominous as the candle is, the pullback is an attractive entry point that may be among the smartest buys of the year.
PriceSmart Could Be the Smartest Buy of the Year
PriceSmart looks like a smart buy, with shares down 5% after a strong report and favorable outlook. This undervalued stock issued a special dividend worth 1.25%
Institutions Think This Consumer Stock Could Break Higher
Markets are preparing for the coming interest rate cycle proposed by the Federal Reserve (the Fed). Though most sectors have priced in this potential pivot, some have yet to reflect this trend higher.
Institutions Think This Consumer Stock Could Break Higher (PSMT)
PriceSmart is the stock where investment giants found the right opportunity to get above-average growth at the least risk possible. A cycle-beating business
PriceSmart (NASDAQ:PSMT) PT Raised to $90.00
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
PriceSmart (NASDAQ:PSMT) Downgraded by StockNews.com
NIU, HEAR and SGH are among after hour movers
Q2 2024 PriceSmart Inc Earnings Call Transcript
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
2/14/2024
Dividend Payable
2/29/2024
Last Earnings
4/10/2024
Today
4/18/2024
Ex-Dividend for 4/30 Dividend
4/18/2024
Dividend Payable
4/30/2024
Next Earnings (Estimated)
7/08/2024
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
Hypermarkets & Super Centers
Current Symbol
NASDAQ:PSMT
CUSIP
74151110
Employees
11,000
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$90.00
High Stock Price Target
$90.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+2.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$109.21 million
Pretax Margin
3.96%

Debt

Sales & Book Value

Annual Sales
$4.41 billion
Cash Flow
$6.60 per share
Book Value
$35.87 per share

Miscellaneous

Free Float
24,827,000
Market Cap
$2.45 billion
Optionable
Optionable
Beta
0.92

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Key Executives


PSMT Stock Analysis - Frequently Asked Questions

Should I buy or sell PriceSmart stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PSMT shares.
View PSMT analyst ratings
or view top-rated stocks.

What is PriceSmart's stock price target for 2024?

1 equities research analysts have issued 1 year price targets for PriceSmart's shares. Their PSMT share price targets range from $90.00 to $90.00. On average, they predict the company's share price to reach $90.00 in the next year. This suggests a possible upside of 11.9% 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 2024?

PriceSmart's stock was trading at $75.78 on January 1st, 2024. Since then, PSMT stock has increased by 6.1% and is now trading at $80.42.
View the best growth stocks for 2024 here
.

Are investors shorting PriceSmart?

PriceSmart saw a drop in short interest in March. As of March 31st, there was short interest totaling 729,700 shares, a drop of 23.2% from the March 15th total of 949,900 shares. Based on an average daily volume of 144,700 shares, the short-interest ratio is presently 5.0 days. Currently, 3.0% of the company's stock are sold short.
View PriceSmart's Short Interest
.

When is PriceSmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 8th 2024.
View our PSMT earnings forecast
.

How were PriceSmart's earnings last quarter?

PriceSmart, Inc. (NASDAQ:PSMT) issued its earnings results on Wednesday, April, 10th. The company reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.07. The business earned $1.29 billion during the quarter, compared to the consensus estimate of $1.28 billion. PriceSmart had a net margin of 2.62% and a trailing twelve-month return on equity of 11.85%. The company's revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.25 earnings per share.

How often does PriceSmart pay dividends? What is the dividend yield for PriceSmart?

PriceSmart announced a None dividend on Wednesday, April 3rd. Investors of record on Friday, April 19th will be given a dividend of $1.00 per share on Tuesday, April 30th. The ex-dividend date of this dividend is Thursday, April 18th.
Read our dividend analysis for PSMT
.

Is PriceSmart a good dividend stock?

PriceSmart (NASDAQ:PSMT) pays an annual dividend of $1.16 per share and currently has a dividend yield of 1.48%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PSMT will have a dividend payout ratio of 22.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PSMT.

What ETFs hold PriceSmart's stock?
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).

Who are PriceSmart's major shareholders?

PriceSmart's stock is owned by a number of retail and institutional investors. Top institutional investors include Fourth Sail Capital LP (0.09%), Los Angeles Capital Management LLC (0.05%) and Diversified Trust Co (0.02%). Insiders that own company stock include Ana Luisa Bianchi, Chong Jesus Von, Christopher S Souhrada, Edgar Zurcher, Francisco Velasco, Frank Ramon Diaz, Gordon H Hanson, John D Hildebrandt, Juan Ignacio Biehl, Nicolas Maslowski, Philanthropies Foundatio Price, Robert E Price, Robert E Price, Rodrigo Calvo and Sherry S Bahrambeygui.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PSMT) was last updated on 4/19/2024 by MarketBeat.com Staff

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