Alert: New Earnings Report (1/9/24)-PriceSmart Inc (NASDAQ: PSMT).

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PriceSmart Inc (NASDAQ: PSMT) has reported E.P.S. of $1.24 for its first fiscal quarter (ending November 30) versus $1.05 for the same period a year ago — an increase of 18%. This performance was $0.12 better than the consensus estimate of $1.12. For the latest four quarters through November 30, E.P.S. were $3.70 compared to $3.45 a year ago — an increase of 7%.

Recent Price Action

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PriceSmart Inc (NASDAQ: PSMT) stock closed at $72.94 on 1/9/24 after a slight decline of -0.4%. NORMAL trading volume accompanied the decline. The stock has declined -3.7% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, PSMT is expected to continue to be a Value Builder.

PriceSmart has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. PriceSmart has a neutral Appreciation Score of 49 and a neutral Power Rating of 53, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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