PriceSmart Inc

PriceSmart Inc Stock Forecast & Price Prediction

Live PriceSmart Inc Stock (PSMT) Price
$85.45

3

Ratings

  • Buy 1
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$85.45

P/E Ratio

20.21

Volume Traded Today

$250,600

Dividend

$0.58

52 Week High/low

94.82/64.94

PriceSmart Inc Market Cap

$2.55B

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PSMT Summary

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.

PSMT Analyst Ratings

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.

PSMT stock forecast by analyst

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

PSMT Company Information

What They Do: Operates membership shopping warehouse clubs.

Business Model: The company generates revenue through membership fees and sales of a wide range of products including groceries, electronics, and home goods. PriceSmart also offers private label products under its Member's Selection brand, enhancing its profitability by providing lower-cost alternatives to national brands.

Other Information: Founded in 1994 and headquartered in San Diego, California, PriceSmart has a significant presence in the U.S., Central America, the Caribbean, and Colombia. It also provides various services such as bakery, health, and e-commerce solutions, which include online ordering and curbside pickup.
PSMT
PriceSmart Inc (PSMT)

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

PriceSmart Inc (PSMT) Financial Data

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

$3.33B

Revenue From 2021

$3.62B

8.73 %
From Previous Year

Revenue From 2022

$4.07B

12.33 %
From Previous Year

Revenue From 2023

$4.41B

8.50 %
From Previous Year
  • Revenue TTM $4.91B
  • Operating Margin TTM 4.1%
  • Gross profit TTM $759.3M
  • Return on assets TTM 6.9%
  • Return on equity TTM 12.5%
  • Profit Margin 2.8%
  • Book Value Per Share 36.66%
  • Market capitalisation $2.55B
  • Revenue for 2021 $3.62B
  • Revenue for 2022 $4.07B
  • Revenue for 2023 $4.41B
  • EPS this year (TTM) $4.11

PriceSmart Inc (PSMT) Latest News

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 30 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Mon, 16 Sep 2024

Sentiment - POSITIVE

Source - Market Watch

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.

News Image

Mon, 09 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 03 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

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.

News Image

Tue, 03 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

PSMT Frequently asked questions

The highest forecasted price for PSMT is $103 from at .

The lowest forecasted price for PSMT is $82 from Hector Maya from Scotiabank

The PSMT analyst ratings consensus are 1 buy ratings, 2 hold ratings, and 0 sell ratings.