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How to Buy Pricesmart Stock

Pricesmart Inc

PriceSmart, Inc. owns and operates U. S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia.

Pricesmart stock last closed at $82.85, up 3.02% from the previous day, and has increased 9.07% in one year. It has underperformed other stocks in the Discount Stores industry by 0.02 percentage points. Pricesmart stock is currently +34.02% from its 52-week low of $61.82, and -4.66% from its 52-week high of $86.90.

As of Apr 19, 2024, there are 30.65M shares of PSMT outstanding. The market cap of PSMT is $2.54B. In the past 24 hours, 238,428 PSMT shares were traded.

How to Buy Pricesmart Stock

Not sure how to invest in Pricesmart stock? Here's how.
  1. Figure out where to buy Pricesmart stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Pricesmart stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Pick your payment method and add your information.
  4. Analyze Pricesmart stock: The Pricesmart ticker symbol is PSMT. Is Pricesmart stock a good investment? Should you buy shares of PSMT? How do PSMT's underlying business fundamentals look? Do top analysts think Pricesmart is a good buy? Why has PSMT's stock price moved recently? (Hint: Our stock market research website can help you decide if PSMT is a good stock to buy).
  5. Make your PSMT buy order: Decide if you will purchase PSMT shares at the current market price or use a limit order to purchase PSMT shares at a given price.
  6. Watch your PSMT investment: Create a watchlist to track your new investment in Pricesmart stock.

Step 1: Figure out where to buy Pricesmart stock

You will need a brokerage account in order to access the NASDAQ market and buy PSMT stock.

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Step 2: Create your brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to invest in PSMT today.

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Step 3: Put funds into your brokerage account

Now that you've filled out your info on the best stock investing app, you can securely and quickly fund your account:

Watch the tutorial below for more details depositing money into your new investment account.

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Step 4: Analyze Pricesmart stock

After you have selected the best place to buy Pricesmart stock, it's important to research their stock prior to buying, so you can understand the risk and opportunity.

Pricesmart quick stats

PSMT Price
$82.85
1w %
4.28%
1y %
9.07%
5y %
41.65%
P/E
20.76x
P/B
2.32x
P/S
0.53x
PEG
2.91x
Revenue
$4.67B
Earnings
$122.27M
Fore. Rev. Growth
6.51%
Fore. Earn. Growth
N/A
Market Cap
$2.54B
Next Earnings
N/A
Next Dividend
Apr 30, 2024

Pricesmart Due Diligence Checks

WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on PSMT's stock page.

Is PSMT stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge PSMT's fair value.

Using relative valuations ratios:

  • PSMT could be undervalued based on its P/E ratio of 20.76x, relative to Discount Stores industry P/E ratio of 32.87x
  • PSMT could be undervalued based on its P/B ratio of 2.32x, relative to Discount Stores industry P/B ratio of 6.87x
  • PSMT may be overvalued based on its PEG ratio of 2.91x

You can access additional valuation analysis on PSMT's stock here.

A quick look at PSMT Financials

Pros:

  • PSMT earnings of $196.57M is not sufficient to cover its interest payments.
  • There are more short-term assets than long-term liabilities on the PSMT balance sheet.
  • PSMT's operating cash flow of $268.32M allows it to safely service it's debt of $261.08M.
  • PSMT profit margin has gone up from 2.5% to 2.6% in the past year.
  • There are more short-term assets than short-term liabilities on the PSMT balance sheet.

Cons:

  • Total PSMT debt is higher than 5 years ago, relative to shareholder equity.
  • PSMT has a relatively high debt to equity ratio of 0.86.

Do Wall Street analysts think it's a good time to buy Pricesmart stock

Out of 1 sell side analysts who track PSMT, the consensus analyst rating on PSMT is a Strong Buy

Please note that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Pricesmart stock forecast page.

PSMT Momentum

SMA10
80.72
SMA20
81.58
SMA50
81.73
SMA100
77.92
SMA200
76.24
MACD
-0.34
MACD Signal
-0.23
MACD Histogram
-0.11
RSI
56.21
Stochastic %K
33.48
Stochastic %D
20.8
StochRSI %K
55.42
StochRSI %D
29.85

PSMT Revenue

Last year, PSMT earnings were $122.27M. During the last five year, PSMT's earnings have increased by 9.8% per year. This was slower than the Discount Stores industry average of 16.32%.

Last year, PSMT revenue was $4.67B. Over the last five year, PSMT's revenue has increased by 7.91% per year. This was faster than the Discount Stores industry average of 7.34%.

You can research PSMT's earnings and revenue performance here.

Who is buying/selling PSMT?

Over the last 12 months, executives and large shareholders at PSMT have sold more shares than they have bought.

Gordon H. Hanson, Director of PSMT, was the latest PSMT insider to sell. They sold $74,828.82 worth of PSMT shares on Apr 15, 2024.

Dig into more about who owns PSMT stock here.

Does PSMT stock generate passive income?

Pricesmart pays a dividend of 2.46%, compared to the Discount Stores industry's average dividend yield of 2.14%. If you owned $1,000 of PSMT stock, you would have received $24.62 last year.

Pricesmart dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Pricesmart dividend yield and history here.

Get analysis from other investors

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Step 5: Make your PSMT buy order

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, place a limit order.

Click the Open button and eToro will execute the order.

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Step 6: Watch your PSMT investment

Now that you own some shares in PSMT, you'll want to stay up-to-date on your new company.

Start a watchlist to keep track of your PSMT stock.

PSMT Feed

How to Buy Stock in Pricesmart

To reiterate, here are the 6 steps you need to take to buy Pricesmart stock right now:

  1. Figure out where to buy Pricesmart stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Pricesmart stock
  5. Make your PSMT buy order
  6. Watch your PSMT investment

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Pricesmart, get started below.

NASDAQ: PSMT
$82.85+2.43 (+3.02%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: PSMT
$82.85+2.43 (+3.02%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Pricesmart share?

As of Apr 19, 2024, it costs $82.85 to buy one share of Pricesmart stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.121 shares of PSMT.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Pricesmart stock?

According to 1 Wall Street analysts who monitor Pricesmart, their consensus recommendation is to buy Pricesmart stock.

What is the best way to buy Pricesmart stock?

One way to place an order for Pricesmart stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.