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MarketBeat Week in Review – 3/20 - 3/24
My No. 1 dividend stock for a LIFETIME of income. (Ad)
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Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
My No. 1 dividend stock for a LIFETIME of income. (Ad)
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
NASDAQ:PSMT

PriceSmart - PSMT Stock Forecast, Price & News

$69.54
+1.15 (+1.68%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$67.74
$69.54
50-Day Range
$67.64
$75.00
52-Week Range
$56.29
$88.30
Volume
66,209 shs
Average Volume
109,261 shs
Market Capitalization
$2.16 billion
P/E Ratio
20.16
Dividend Yield
1.32%
Price Target
$77.00

PriceSmart MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
10.7% Upside
$77.00 Price Target
Short Interest
Healthy
1.90% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-1.82
Upright™ Environmental Score
News Sentiment
0.71mentions of PriceSmart in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$3.66 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Retail/Wholesale Sector

110th out of 209 stocks

Variety Stores Industry

7th out of 11 stocks


PSMT stock logo

About PriceSmart (NASDAQ:PSMT) Stock

PriceSmart, Inc. engages in the business of managing membership shopping warehouse club concepts to emerging and developing countries. It operates through the following geographical segments: United States Operations, Central American Operations, Caribbean Operations, and Colombia Operations. The Central America Operations segment includes Panama, Guatemala, Costa Rica, El Salvador, Honduras, and Nicaragua. The Caribbean Operations segment focuses on Dominican Republic, Aruba, Barbados, Trinidad, U.S. Virgin Islands, and Jamaica. The company was founded by Sol Price and Robert E. Price in 1994 and is headquartered in San Diego, CA.

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PSMT Stock News Headlines

PriceSmart's (NASDAQ:PSMT) Returns Have Hit A Wall
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Why PriceSmart Stock Jumped This Week
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
PriceSmart: Still A Smart Prospect To Consider
PriceSmart Announces Leadership Transition
PriceSmart (NASDAQ: PSMT)
See More Headlines
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PSMT Company Calendar

Last Earnings
1/09/2023
Today
3/26/2023
Next Earnings (Confirmed)
4/10/2023
Fiscal Year End
8/31/2023

Industry, Sector and Symbol

Industry
Variety stores
Sub-Industry
Hypermarkets & Super Centers
Current Symbol
NASDAQ:PSMT
CUSIP
74151110
Employees
10,600
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$77.00
High Stock Price Forecast
$77.00
Low Stock Price Forecast
$77.00
Forecasted Upside/Downside
+10.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$104.53 million
Pretax Margin
3.85%

Debt

Sales & Book Value

Annual Sales
$4.07 billion
Cash Flow
$5.64 per share
Book Value
$32.04 per share

Miscellaneous

Free Float
25,648,000
Market Cap
$2.16 billion
Optionable
Optionable
Beta
0.86

Social Links


Key Executives

  • Robert E. PriceRobert E. Price
    Executive Chairman & Chief Executive Officer
  • John D. Hildebrandt
    President & Chief Operating Officer
  • Michael L. McCleary
    Chief Financial & Accounting Officer, Executive VP
  • Laura Santana
    Executive Vice President-Information Technology
  • Juan Ignacio BiehlJuan Ignacio Biehl
    Chief Technology Officer & EVP-Digital Experience













PSMT Stock - 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 twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research 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 brokerages have issued 12-month price targets for PriceSmart's stock. Their PSMT share price forecasts range from $77.00 to $77.00. On average, they expect the company's stock price to reach $77.00 in the next twelve months. This suggests a possible upside of 10.7% 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 14.4% and is now trading at $69.54.
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, April 10th 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, April 11th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "6733003".

How were PriceSmart's earnings last quarter?

PriceSmart, Inc. (NASDAQ:PSMT) released its earnings results on Monday, January, 9th. The company reported $1.05 EPS for the quarter. The firm earned $1.05 billion during the quarter, compared to analysts' expectations of $1.08 billion. PriceSmart had a trailing twelve-month return on equity of 10.86% and a net margin of 2.58%. The company's revenue was up 8.1% compared to the same quarter last year. During the same period last year, the company earned $0.98 EPS.

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

PriceSmart announced a Semi-Annual dividend on Friday, February 3rd. Stockholders of record on Tuesday, August 15th will be paid 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
.

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 1.34%. 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 26.67%. 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."

Who are PriceSmart's major shareholders?

PriceSmart's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.75%), Geode Capital Management LLC (1.68%), Charles Schwab Investment Management Inc. (1.18%), Wells Fargo & Company MN (0.96%), JPMorgan Chase & Co. (0.69%) and Morgan Stanley (0.68%). Insiders that own company stock include Ana Luisa Bianchi, Brud E Drachman, Chong Jesus Von, Christopher S Souhrada, Edgar Zurcher, Frank Ramon Diaz, Gordon H Hanson, Jeffrey Fisher, John D Hildebrandt, Juan Ignacio Biehl, Leon C Janks, Mitchell G Lynn, Nicolas Maslowski, Philanthropies Foundatio Price, Robert E Price, Robert E Price, Rodrigo Calvo, Sherry S Bahrambeygui and William J Naylon.
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 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 $69.54.

How much money does PriceSmart make?

PriceSmart (NASDAQ:PSMT) has a market capitalization of $2.16 billion and generates $4.07 billion in revenue each year. The company earns $104.53 million in net income (profit) each year or $3.45 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 3/26/2023 by MarketBeat.com Staff