PriceSmart (PSMT) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PriceSmart in the last twelve months. 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.

1 Wall Street analysts have issued twelve-month price targets for PriceSmart's stock. Their PSMT share price targets range from $90.00 to $90.00. On average, they anticipate the company's share price to reach $90.00 in the next twelve months. 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.

PriceSmart's stock was trading at $75.78 at the beginning of the year. Since then, PSMT shares have increased by 6.1% and is now trading at $80.42.
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PriceSmart saw a decrease in short interest in March. As of March 31st, there was short interest totaling 729,700 shares, a decrease of 23.2% from the March 15th total of 949,900 shares. Based on an average daily trading volume, of 144,700 shares, the short-interest ratio is currently 5.0 days. Currently, 3.0% of the shares of the company are sold short.
View PriceSmart's Short Interest.

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

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

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

PriceSmart (NASDAQ:PSMT) pays an annual dividend of $1.16 per share and currently has a dividend yield of 1.46%. 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.

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 U.S. Next Value ETF (NVQ), Harbor Corporate Culture Small Cap ETF (HAPS) and Syntax Stratified SmallCap ETF (SSLY).SPDR S&P 600 Small Cap ETF (SLY).

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's stock is owned by a number of institutional and retail 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.
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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.
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