PriceSmart (PSMT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $86.24 to $87.73
• 50-Day Range: $83.08 to $93.26
• 52-Week Range: $66.79 to $94.82
• Volume: 91,529 shs
• Average Volume: 158,339 shs
• Market Capitalization: $2.69 billion
• P/E Ratio: 19.19
• Dividend Yield: 1.32%
• Price Target: $90.00
• Consensus Rating: Buy

PriceSmart Stock Analysis - MarketRank™

PriceSmart scored higher than 82% of companies evaluated by MarketBeat, and ranked 85th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

PriceSmart has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

PriceSmart has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.12%

Earnings Growth

Earnings for PriceSmart are expected to grow by 12.12% in the coming year, from $5.28 to $5.92 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PriceSmart is 19.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of PriceSmart is 19.19, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 97.01.

Price to Book Value per Share Ratio

PriceSmart has a P/B Ratio of 2.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.39% of the float of PriceSmart has been sold short.

Short Interest Ratio / Days to Cover

PriceSmart has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in PriceSmart has recently decreased by 8.50%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

PriceSmart pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

PriceSmart does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PriceSmart is 25.38%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, PriceSmart will have a dividend payout ratio of 19.59% next year. This indicates that PriceSmart will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -1.82

Percentage of Shares Shorted

3.39% of the float of PriceSmart has been sold short.

Short Interest Ratio / Days to Cover

PriceSmart has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in PriceSmart has recently decreased by 8.50%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.08

News Sentiment

PriceSmart has a news sentiment score of -0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for PriceSmart this week, compared to 4 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, PriceSmart insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,535,673.00 in company stock.

Percentage Held by Insiders

18.60% of the stock of PriceSmart is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

80.46% of the stock of PriceSmart is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PSMT Stock Analysis - Frequently Asked Questions

How have PSMT shares performed this year?

PriceSmart's stock was trading at $75.78 at the start of the year. Since then, PSMT shares have increased by 15.7% and is now trading at $87.70.
View the best growth stocks for 2024 here.

How were PriceSmart's earnings last quarter?

PriceSmart, Inc. (NASDAQ:PSMT) posted its earnings results on Wednesday, October, 30th. The company reported $0.94 EPS for the quarter, missing the consensus estimate of $1.01 by $0.07. PriceSmart's revenue was up 9.6% compared to the same quarter last year.

Who are PriceSmart's major shareholders?

PriceSmart's top institutional shareholders include EdgePoint Investment Group Inc. (9.19%), FMR LLC (3.85%), State Street Corp (3.35%) and Geode Capital Management LLC (2.23%). Insiders that own company stock include Philanthropies Foundatio Price, Robert E Price, John D Hildebrandt, Francisco Velasco, Michael Mccleary, David R Price, Sherry S Bahrambeygui, Paul Kovaleski, Chong Jesus Von, Jeffrey Fisher, Ana Luisa Bianchi, Rodrigo Calvo, Frank Ramon Diaz, Nicolas Maslowski, Edgar Zurcher, Gordon H Hanson and Christopher S Souhrada.
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.

What other stocks do shareholders of PriceSmart own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PriceSmart investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), Humana (HUM), The RMR Group (RMR) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 8/15/2024
• Dividend Payable: 8/30/2024
• Last Earnings: 10/30/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 1/14/2025
• Fiscal Year End: 8/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Variety stores
• Sub-Industry: Hypermarkets & Super Centers
• Current Symbol: NASDAQ:PSMT
• CUSIP: 74151110
• CIK: 1041803
• Web: www.pricesmart.com
• Phone: (858) 404-8800
• Fax: 858-581-4500
• Employees: 12,000
• 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: +2.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.57
• Trailing P/E Ratio: 19.19
• Forward P/E Ratio: 16.61
• P/E Growth: N/A
• Net Income: $138.88 million
• Net Margins: 2.83%
• Pretax Margin: 4.10%
• Return on Equity: 12.63%
• Return on Assets: 6.84%

Debt

• Debt-to-Equity Ratio: 0.08
• Current Ratio: 1.22
• Quick Ratio: 0.45

Sales & Book Value

• Annual Sales: $4.91 billion
• Price / Sales: 0.55
• Cash Flow: $7.27 per share
• Price / Cash Flow: 12.06
• Book Value: $36.65 per share
• Price / Book: 2.39

Miscellaneous

• Outstanding Shares: 30,690,000
• Free Float: 24,979,000
• Market Cap: $2.69 billion
• Optionable: Optionable
• Beta: 0.85