PriceSmart (PSMT) Stock Price, News & Analysis

1 Wall Street equities 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 equities research analysts is that investors should "buy" PSMT shares.
View PSMT analyst ratings or view top-rated stocks.

1 analysts have issued 1-year price objectives for PriceSmart's stock. 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 year. This suggests a possible upside of 4.7% 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 start of the year. Since then, PSMT shares have increased by 3.4% and is now trading at $78.35.
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PriceSmart saw a drop in short interest in the month of 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 trading volume of 144,700 shares, the days-to-cover ratio is currently 5.0 days. Currently, 3.0% of the shares of the stock are short sold.
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) posted 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 firm 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%. The firm's quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.25 earnings per share.

PriceSmart announced a None dividend on Wednesday, April 3rd. Shareholders 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 many different institutional and retail investors. Top institutional shareholders include Fourth Sail Capital LP (0.09%) and Los Angeles Capital Management LLC (0.05%). 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.

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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