PricesmartPSMT
Market Cap: 2.71B
About: Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in Latin America and the Caribbean, with Central America contributing over half of its net warehouse club sales. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income, with net warehouse club sales accounting for the majority of the company's total revenue.
Employees: 11,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
1,279% more call options, than puts
Call options by funds: $3.93M | Put options by funds: $285K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
46% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 26
11% more capital invested
Capital invested by funds: $1.86B [Q4 2023] → $2.06B (+$199M) [Q1 2024]
5% more funds holding
Funds holding: 227 [Q4 2023] → 239 (+12) [Q1 2024]
0.05% less ownership
Funds ownership: 80.38% [Q4 2023] → 80.33% (-0.05%) [Q1 2024]
1% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 85
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Jefferies Pedro Baptista | 2%upside $90 | Buy Maintained | 17 Apr 2024 |
Financial journalist opinion
Based on 6 articles about PSMT published over the past 30 days