S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?

PriceSmart (PSMT) Stock Price, News & Analysis

$84.00
+0.71 (+0.85%)
(As of 03/28/2024 ET)
Today's Range
$83.47
$84.31
50-Day Range
$75.12
$84.14
52-Week Range
$61.82
$84.93
Volume
137,119 shs
Average Volume
144,230 shs
Market Capitalization
$2.56 billion
P/E Ratio
22.76
Dividend Yield
1.38%
Price Target
$82.00

PriceSmart MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2.4% Downside
$82.00 Price Target
Short Interest
Healthy
3.87% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.82
Upright™ Environmental Score
News Sentiment
1.53mentions of PriceSmart in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
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.

4.39 out of 5 stars

Retail/Wholesale Sector

44th out of 203 stocks

Variety Stores Industry

7th 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

Membership Clubs Lose Momentum: 3 Stocks to Buy on a Dip
Membership clubs have been leading the retail sector in growth, but there is a shadow over the market now. The segment is losing momentum, and sales are expected to slow again in 2024, setting their markets up to correct, given weaker-than-expected results.
Membership Clubs Lose Momentum: 3 Stocks to Buy on a Dip (PSMT)
Membership clubs are losing momentum, with growth slowing in 2024. However, growth, cash flow and capital return can sustain their stock price uptrends.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
PriceSmart's (NASDAQ:PSMT) Dividend Will Be $0.58
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
PSMT Feb 2024 80.000 put
PriceSmart Shares Gain 11% on 1Q Sales Growth
Dow Surges 100 Points; PriceSmart Earnings Top Views
PriceSmart: An Attractive Priced Club Operator
Pricesmart Stock (NASDAQ:PSMT) Insider Trades
See More Headlines
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Company Calendar

Last Earnings
1/10/2024
Ex-Dividend for 2/29 Dividend
2/14/2024
Dividend Payable
2/29/2024
Today
3/28/2024
Next Earnings (Confirmed)
4/09/2024
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
$82.00
High Stock Price Target
$82.00
Low Stock Price Target
$82.00
Potential Upside/Downside
-2.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$109.21 million
Pretax Margin
3.89%

Debt

Sales & Book Value

Annual Sales
$4.41 billion
Cash Flow
$6.59 per share
Book Value
$35.65 per share

Miscellaneous

Free Float
24,840,000
Market Cap
$2.56 billion
Optionable
Optionable
Beta
0.91

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Key Executives


PSMT Stock Analysis - Frequently Asked Questions

Should I buy or sell PriceSmart stock right now?

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

What is PriceSmart's stock price target for 2024?

2 brokerages have issued 12-month price targets for PriceSmart's shares. Their PSMT share price targets range from $82.00 to $82.00. On average, they predict the company's stock price to reach $82.00 in the next twelve months. This suggests that the stock has a possible downside of 2.4%.
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 at the start of the year. Since then, PSMT shares have increased by 10.8% and is now trading at $84.00.
View the best growth stocks for 2024 here
.

When is PriceSmart's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 9th 2024.
View our PSMT earnings forecast
.

How can I listen to PriceSmart's earnings call?

PriceSmart will be holding an earnings conference call on Wednesday, April 10th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-517-3975 with passcode "59511 #".

How were PriceSmart's earnings last quarter?

PriceSmart, Inc. (NASDAQ:PSMT) announced its earnings results on Wednesday, January, 10th. The company reported $1.24 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.15. The business earned $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. PriceSmart had a trailing twelve-month return on equity of 11.92% and a net margin of 2.53%. PriceSmart's revenue was up 10.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 EPS.

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

PriceSmart announced a semi-annual dividend on Monday, February 5th. Stockholders of record on Thursday, August 15th will be paid a dividend of $0.58 per share on Friday, August 30th. This represents a yield of 1.5%. The ex-dividend date is Wednesday, August 14th.
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 1.42%. 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 31.44%. 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.88%), Vanguard Group Inc. (10.88%), Dimensional Fund Advisors LP (4.13%), Charles Schwab Investment Management Inc. (1.29%), Nitorum Capital L.P. (1.01%) and Northern Trust Corp (0.92%). 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 3/29/2024 by MarketBeat.com Staff

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