PriceSmart (NASDAQ:PSMT) Sets New 1-Year High – Still a Buy?

Posted by Stanley Muller on Jun 5th, 2026

Shares of PriceSmart, Inc. (NASDAQ:PSMT – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $177.45 and last traded at $175.6650, with a volume of 143109 shares trading hands. The stock had previously closed at $173.07.

Analysts Set New Price Targets

Separately, Weiss Ratings cut PriceSmart from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

View Our Latest Research Report on PSMT

PriceSmart Trading Up 0.4%

The business’s 50 day moving average is $159.16 and its two-hundred day moving average is $145.32. The company has a quick ratio of 0.52, a current ratio of 1.29 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $5.37 billion, a P/E ratio of 34.28 and a beta of 0.78.

PriceSmart (NASDAQ:PSMT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 8th. The company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.05. PriceSmart had a net margin of 2.82% and a return on equity of 12.23%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.48 billion. During the same period in the previous year, the business earned $1.45 earnings per share. The company’s revenue was up 9.7% on a year-over-year basis.

Insider Buying and Selling

In related news, EVP Francisco Velasco sold 338 shares of PriceSmart stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $158.56, for a total transaction of $53,593.28. Following the transaction, the executive vice president directly owned 75,659 shares of the company’s stock, valued at $11,996,491.04. The trade was a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Edgar Zurcher sold 2,259 shares of PriceSmart stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $155.17, for a total value of $350,529.03. Following the transaction, the director directly owned 8,151 shares in the company, valued at approximately $1,264,790.67. The trade was a 21.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,232 shares of company stock valued at $504,198 over the last three months. Company insiders own 17.00% of the company’s stock.

Hedge Funds Weigh In On PriceSmart

A number of institutional investors have recently bought and sold shares of the stock. Maryland State Retirement & Pension System increased its stake in PriceSmart by 2.0% in the 4th quarter. Maryland State Retirement & Pension System now owns 3,699 shares of the company’s stock worth $454,000 after purchasing an additional 73 shares in the last quarter. Parallel Advisors LLC increased its stake in PriceSmart by 14.3% in the 4th quarter. Parallel Advisors LLC now owns 590 shares of the company’s stock worth $72,000 after purchasing an additional 74 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in PriceSmart by 10.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 946 shares of the company’s stock worth $101,000 after purchasing an additional 93 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in PriceSmart by 1.9% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,004 shares of the company’s stock worth $607,000 after purchasing an additional 93 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in PriceSmart by 15.1% in the 4th quarter. Hantz Financial Services Inc. now owns 745 shares of the company’s stock worth $91,000 after purchasing an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 80.46% of the company’s stock.

About PriceSmart

(Get Free Report)

PriceSmart, Inc (NASDAQ: PSMT) is a U.S.-based retailer specializing in membership warehouse clubs. Founded in 1993, the company operates under a business model that offers bulk quantities of goods at discounted prices to individuals and businesses that purchase annual memberships. PriceSmart’s value proposition centers on low-cost operations, high-volume purchasing, and a no-frills shopping environment designed to pass savings directly to its members.

The company’s product assortment covers a broad range of merchandise categories, including groceries and fresh produce, household essentials, electronics, appliances, office supplies, furniture, and health and beauty items.