PriceSmart (PSMT) earnings preview: what to expect?

3:39 pm ET, 28 Jun 2018

PriceSmart, Inc. (PSMT) is expected to report earnings on July 5 after market close. The report will be for the fiscal quarter ending May 2018.  The shares are trading at $92.40, down -0.96% from yesterday.

What are the PSMT earnings expectations?  What news will the market be watching out for?

PriceSmart (PSMT) is a stock that many investors are trying to figure out. The company has done a decent job over the past couple of years navigating the impacts of currency devaluation in Colombia (as the company began its initial expansion in that key market).

PriceSmart often is referred to as the Costco of Latin America.  The company has taken a long time to expand - more than two decades to open 42 new stores, partially because of political unrest in Latin American countries.

PriceSmart Inc. has a history of missing analysts’ earnings estimates.  In the past four quarters, the company: 

  • Missed analyst EPS estimates by 7 cents ($.62 actuals vs. $.69 forecast) in FQ3’17;
  • Missed analyst EPS estimates by 6 cents ($.64 actuals vs. $.70 forecast) in FQ4’17;
  • Missed analyst EPS estimates by 5 cents ($.74 actuals vs. $.79 forecast) in FQ1’18;
  • Missed analyst EPS estimates by 6 cents ($.91 actuals vs. $.97 forecast) in FQ2’18;

For FQ3’18, EPS is expected to grow by 16% year-over-year to $.72, while revenue is expected to grow 6% year-over-year to $774 million. 

PriceSmart, Inc. (PSMT) short share of float is 9.38%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock.

PriceSmart, Inc. (PSMT) average analyst price target ($95.00) is 2.81% above its current price ($92.40).

For the latest price and information on PriceSmart, Inc., please visit Finstead and search for "PSMT price" or "PSMT news".

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

PriceSmart, Inc. (PSMT) Stock Guide

Updated at: 3:38 pm ET, 12 Jul 2020

Before we start: if you're looking for PSMT stock price, you can quickly find it out by visiting Finny and typing "PSMT quote". If you're looking for a quick scoop on PSMT stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "PSMT". You'll get all this info in one place. Or you can just type "PSMT news" to get the latest stock news.

Looking to buy or sell PriceSmart, Inc. (PSMT)? Interested in getting the full scoop on PSMT, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this PSMT stock guide, we'll address key questions about PSMT, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are PSMT earnings?
2. When is PSMT earnings date?
3. What is PSMT dividend?
4. What is PSMT dividend yield?
5. What is PSMT stock forecast (i.e., prediction)?
6. PSMT buy or sell? What is PSMT Finny Score?
7. What are the reasons to buy PSMT? Why should I buy PSMT stock?
8. What are the reasons to sell PSMT? Why should I sell PSMT stock?
9. What are PSMT key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are PSMT earnings?

PSMT trailing 12-month earnings per share (EPS) is $2.62.

2. When is PSMT earnings date?

PSMT earnings date is July 09, 2020.

3. What is PSMT dividend?

PSMT forward dividend is $0.70.

4. What is PSMT dividend yield?

PSMT forward dividend yield is 1.38%.

Analyst Predictions

5. What is PSMT stock forecast (i.e., prediction)?

Based on PSMT analyst price targets, PSMT stock forecast is $78.00 (for a year from now). That means the average analyst price target for PSMT stock is $78.00. The prediction is based on 3 analyst estimates.

The low price target for PSMT is $70.00, while the high price target is $86.00.

PSMT analyst rating is Hold.

Analysis

6. PSMT buy or sell? What is PSMT Finny Score?

#{finnyScore:77}Our quantitative analysis shows 10 reasons to buy and 3 reasons to sell PSMT, resulting in Finny Score of 77.

7. What are the reasons to buy PSMT? Why should I buy PSMT stock?

Here are the reasons to buy PSMT stock:

  • PSMT quarterly revenue growth was 6.10%, higher than the industry and sector average revenue growth (3.38% and 1.32%, respectively). See PSMT revenue growth chart.
  • PSMT forward dividend yield is 1.38%, higher than the industry (0.83%) and sector (0.62%) forward dividend yields. See PSMT forward dividend chart.
  • PSMT forward P/E ratio is 15.07, which is low compared to its industry peers’ P/E ratios. See PSMT forward P/E ratio chart.
  • PSMT Price/Book ratio is 1.87, which is low compared to its industry peers’ P/B ratios. See PSMT forward Price/Book ratio chart.
  • PSMT Price/Sales ratio is 0.47, which is low compared to its industry peers’ P/S ratios. See PSMT forward Price/Sales ratio chart.
  • PSMT PEG ratio (P/E adjusted for growth) is 1.79, which is low compared to its industry peers’ PEG ratios. See PSMT PEG chart.
  • PSMT average analyst price target ($78.00) is above its current price ($63.23). See PSMT price target chart.
  • PSMT cash to debt ratio is 0.60, higher than the average industry (0.20) and sector (0.11) cash to debt ratio. See PSMT cash to debt chart.
  • PSMT Enterprise Value/Revenue multiple is 0.53, which is low compared to its industry peers’ Enterprise Value/Revenue multiples. See PSMT Enterprise Value/Revenue chart.
  • PSMT Enterprise Value/EBITDA multiple is 9.74, which is low compared to its industry peers’ Enterprise Value/EBITDA ratios. See PSMT Enterprise Value/EBITDA chart.

8. What are the reasons to sell PSMT? Why should I sell PSMT stock?

Let's look at the reasons to sell PSMT stock (i.e., the bear case):

  • PSMT stock price ($63.23) is close to the 52-week high ($65.61). Perhaps now is a good time to sell? See PSMT price chart.
  • PSMT profitability is declining. The YoY profit margin change was -0.71 percentage points. See PSMT profitability chart.
  • PSMT short interest (days to cover the shorts) ratio is 2.18. The stock garners more short interest than the average industry, sector or S&P 500 stock. See PSMT short interest ratio chart.

Key Stats

9. What are PSMT key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for PSMT:

Metrics PSMT
Price $66.67
Average Price Target / Upside $78.00 / 17.00%
Average Analyst Rating Hold
Forward Dividend Yield 1.05%
Industry Discount Stores
Sector Consumer Defensive
Number of Employees 8,680
Market Cap $2.04B
Forward P/E Ratio 24.96
Price/Book Ratio 0.62
Revenue (TTM) $3.32B
YoY Quarterly Revenue Growth 1.40%
Profit Margin 2.37%

If you liked this analysis, check out Stock Guides for other stocks.

Disclaimer: The news article above expresses the author’s opinion about the topic of the article. We strongly advise you not to base your investment decisions just on this article alone. If you’d like to become a writer for Finny Bites, please send us an email at hi@askfinny.com.

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