PriceSmart (NASDAQ:PSMT – Get Free Report) announced its quarterly earnings data on Monday. The company reported $1.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.27 by ($0.06), FiscalAI reports. The company had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.46 billion. PriceSmart had a net margin of 2.82% and a return on equity of 12.16%. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.02 earnings per share.
PriceSmart Trading Up 1.3%
NASDAQ PSMT opened at $173.11 on Tuesday. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 33.23 and a beta of 0.73. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.53 and a current ratio of 1.28. PriceSmart has a one year low of $111.68 and a one year high of $199.84. The company’s 50 day moving average price is $171.52 and its 200 day moving average price is $165.66.
More PriceSmart News
Here are the key news stories impacting PriceSmart this week:
- Positive Sentiment: Net merchandise sales increased 13.8%, and comparable merchandise sales grew 12.2%, indicating strong underlying demand across PriceSmart’s warehouse-club operations. PriceSmart Announces Fiscal 2026 Fourth Quarter Operating Results
- Positive Sentiment: Gross profit rose 15.1% to $266.8 million, net income increased 19.3% to $37.6 million, and operating cash flow jumped 40.6% to $115.5 million. Stronger cash generation supports continued expansion and investment. PriceSmart Q4 2026 Earnings
- Positive Sentiment: PriceSmart opened its third club in Jamaica, expanding its regional footprint. Reports also indicate Chile may be the company’s next expansion market, offering a potential future growth catalyst. PriceSmart Q4 2026 Earnings: Chile Expansion
- Neutral Sentiment: Institutional activity was mixed: 204 investors increased positions while 143 reduced them during the latest reporting quarter, providing no clear directional signal.
- Negative Sentiment: EPS missed expectations despite year-over-year growth, potentially pressuring the shares because PriceSmart trades at a relatively elevated trailing P/E ratio of about 33. PriceSmart Fiscal Q4 EPS
- Negative Sentiment: Reported insider activity showed selling only over the past six months, with no disclosed insider purchases. That may weigh modestly on sentiment, although insider sales do not necessarily indicate deteriorating business fundamentals.
Insider Buying and Selling
In other PriceSmart news, EVP Francisco Velasco sold 338 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $177.87, for a total transaction of $60,120.06. Following the completion of the sale, the executive vice president directly owned 75,321 shares in the company, valued at $13,397,346.27. The trade was a 0.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Sherry Bahrambeygui sold 3,499 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $197.38, for a total transaction of $690,632.62. Following the completion of the sale, the director directly owned 32,150 shares of the company’s stock, valued at $6,345,767. The trade was a 9.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 5,837 shares of company stock worth $1,137,873. 17.00% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on PSMT. Weiss Ratings reaffirmed a “buy (b)” rating on shares of PriceSmart in a research report on Wednesday, August 26th. Jefferies Financial Group reissued a “buy” rating and set a $198.00 price target on shares of PriceSmart in a research report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $198.00.
Get Our Latest Stock Analysis on PriceSmart
PriceSmart Company Profile
PriceSmart, Inc operates membership warehouse clubs serving consumers and businesses in Latin America and the Caribbean. The company offers a broad selection of products at value-oriented prices, including groceries, fresh foods, beverages, household supplies, apparel, appliances, electronics, furniture and other general merchandise.
Through its warehouse clubs and digital commerce platforms, PriceSmart provides shopping and delivery options designed for both individual members and small businesses.
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