Pricesmart Inc (NASDAQ: PSMT)’s stock price has gone rise by 1.33 in comparison to its previous close of 92.22, however, the company has experienced a 1.39% increase in its stock price over the last five trading days. prnewswire.com reported 2025-01-08 that NET MERCHANDISE SALES GREW 7.8 % COMPARABLE NET MERCHANDISE SALES INCREASED 5.7% $1.21 EARNINGS PER DILUTED SHARE SAN DIEGO, Jan. 8, 2025 /PRNewswire/ — PriceSmart, Inc. (“PriceSmart” or the “Company”) (NASDAQ: PSMT), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced results for the fiscal first quarter of 2025, which ended on November 30, 2024. First Quarter Financial Results Total revenues for the first quarter of fiscal year 2025 increased 7.8% to $1.26 billion compared to $1.17 billion in the comparable period of the prior year.
Is It Worth Investing in Pricesmart Inc (NASDAQ: PSMT) Right Now?
Pricesmart Inc (NASDAQ: PSMT) has a higher price-to-earnings ratio of 22.69x compared to its average ratio. PSMT has 36-month beta value of 0.86. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PSMT is 25.12M, and currently, short sellers hold a 2.88% ratio of that float. The average trading volume of PSMT on January 09, 2025 was 158.75K shares.
PSMT’s Market Performance
The stock of Pricesmart Inc (PSMT) has seen a 1.39% increase in the past week, with a 2.02% rise in the past month, and a 1.99% gain in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 2.29% for PSMT. The simple moving average for the past 20 days is -0.41% for PSMT’s stock, with a 7.89% simple moving average for the past 200 days.
Analysts’ Opinion of PSMT
Many brokerage firms have already submitted their reports for PSMT stocks, with Jefferies repeating the rating for PSMT by listing it as a “Buy.” The predicted price for PSMT in the upcoming period, according to Jefferies is $82 based on the research report published on December 01, 2023 of the previous year 2023.
Scotiabank, on the other hand, stated in their research note that they expect to see PSMT reach a price target of $77, previously predicting the price at $96. The rating they have provided for PSMT stocks is “Sector Perform” according to the report published on November 29th, 2022.
Scotiabank gave a rating of “Sector Outperform” to PSMT, setting the target price at $100 in the report published on April 19th of the previous year.
PSMT Trading at 2.53% from the 50-Day Moving Average
After a stumble in the market that brought PSMT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.82% of loss for the given period.
Volatility was left at 2.29%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares sank -1.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.91% upper at present.
During the last 5 trading sessions, PSMT rose by +1.39%, which changed the moving average for the period of 200-days by +14.73% in comparison to the 20-day moving average, which settled at $93.83. In addition, Pricesmart Inc saw 1.39% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PSMT starting from Kovaleski Paul, who sale 3,235 shares at the price of $89.96 back on Nov 13 ’24. After this action, Kovaleski Paul now owns 44,309 shares of Pricesmart Inc, valued at $291,030 using the latest closing price.
McCleary Michael, the EVP & CFO of Pricesmart Inc, sale 4,000 shares at $89.62 during a trade that took place back on Nov 12 ’24, which means that McCleary Michael is holding 62,141 shares at $358,464 based on the most recent closing price.
Stock Fundamentals for PSMT
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.38 for the gross margin
The net margin for Pricesmart Inc stands at 0.03. The total capital return value is set at 0.16. Equity return is now at value 11.36, with 6.28 for asset returns.
Based on Pricesmart Inc (PSMT), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 1.41. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is 29.84.
Currently, EBITDA for the company is 297.0 million with net debt to EBITDA at 0.09. When we switch over and look at the enterprise to sales, we see a ratio of 0.58. The receivables turnover for the company is 212.04for trailing twelve months and the total asset turnover is 2.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To put it simply, Pricesmart Inc (PSMT) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
