The PriceSmart Inc (PSMT) share price is expected to increase by 7.28% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered PSMT. Price targets range from $82 at the low end to $103 at the high end. The current analyst consensus for PSMT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assigned PSMT 1 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect PriceSmart Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PSMT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PSMT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Pedro Baptista Jefferies | Buy | $90 | Maintains | Apr 17, 2024 |
Pedro Baptista Jefferies | Buy | $82 | Initiates | Dec 1, 2023 |
Hector Maya Scotiabank | Sector Perform | $82 | Maintains | Apr 11, 2023 |
ScotiaBank | Sector Perform | Maintains | Jul 10, 2020 | |
Scotiabank | Sector Perform | $78 | Maintains | Jul 10, 2020 |
ScotiaBank | Sector Perform | Downgrade | May 8, 2020 | |
Scotiabank | Sector Perform | $65 | Downgrade | May 8, 2020 |
Scotiabank | Sector Outperform | Upgrade | Jul 18, 2019 | |
IFS Securities | Outperform | Upgrade | Dec 29, 2017 | |
Roth Capital | Buy | $108 | Upgrade | Apr 14, 2014 |
Benchmark | Hold | $80 | Maintains | Dec 10, 2012 |
Benchmark | Hold | $86 | Downgrade | Nov 1, 2012 |
Janney Capital | Neutral | Downgrade | Sep 19, 2012 | |
Janney Montgomery Scott | Neutral | Downgrade | Sep 19, 2012 | |
Benchmark | Buy | $80 | Maintains | Jul 11, 2012 |
Janney Capital | Buy | Maintains | Jul 11, 2012 | |
Janney Montgomery Scott | Buy | $75 | Maintains | Jul 11, 2012 |
Roth Capital | Neutral | Initiates | Jun 21, 2012 |
When did it IPO
1997
Staff Count
11,000
Country
United States
Sector/Industry
Consumer Defensive/Discount Stores
CEO
Mr. Robert E. Price
Market Cap
$2.55B
In 2023, PSMT generated $4.41B in revenue, which was a increase of 8.50% from the previous year. This can be seen as a signal that PSMT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - PriceSmart, Inc. will hold its Q4 2024 earnings conference call on October 31, 2024, following the end of the fiscal year on August 31, 2024.
Why It Matters - PriceSmart's Q3 earnings call can reveal insights into financial performance, management strategies, and future outlook, influencing stock valuation and investor sentiment.
Summary - PriceSmart, Inc. reported a 9.5% increase in net merchandise sales and a 6.2% rise in comparable sales for Q4 FY2024, with earnings of $0.94 per diluted share and revenues of $1.23 billion.
Why It Matters - Strong revenue growth and earnings per share indicate PriceSmart's solid performance, potentially boosting investor confidence and influencing stock valuations.
Summary - Retailers are experiencing growth in same-store sales and enhancing profit margins, indicating positive financial performance.
Why It Matters - Rising same-store sales and improved profit margins indicate strong consumer demand and operational efficiency, suggesting potential growth and profitability for these retailers.
Summary - Zacks utilizes the Zacks Rank system, focusing on earnings estimates and revisions, while also monitoring value, growth, and momentum trends to identify strong stock picks.
Why It Matters - Zacks' emphasis on earnings estimates and revisions highlights potential stock performance, guiding investors to identify strong growth and value opportunities in the market.
Summary - PriceSmart, Inc. (NASDAQ: PSMT) will release its fourth quarter fiscal year 2024 financial results on October 30, 2024, after market close.
Why It Matters - PriceSmart's upcoming quarterly earnings report can influence stock performance, investor sentiment, and market expectations, impacting share price and trading volume.
Summary - PriceSmart (PSMT) and Tecnoglass (TGLS) are being compared to their sector's performance year-to-date, indicating their relative market standing. Further details on performance metrics are needed for analysis.
Why It Matters - Performance comparisons highlight relative strength or weakness, guiding investment decisions and risk assessments in the retail and manufacturing sectors.