El interés en corto de Pricesmart da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Pricesmart. Los datos de interés en corto se actualizan cada dos semanas.

Pricesmart (NASDAQ:PSMT) Bolsa, Informe de interés en corto

Pricesmart

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 the Caribbean, Costa Rica, Panama, and other regions. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income. Its operations consist of four reportable segments; Central America, the Caribbean, Colombia, and the United States. A majority of the company's revenue is derived from Central America.

News

Pre-Market Outlook

Markets

CALM

PSMT

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este miércoles: UNF, CALM, AYI, AIR y PSMT.

5 acciones en el foco este miércoles: UNF, CALM, AYI, AIR y PSMT

Pricesmart Inc

PriceSmart, Inc. ("PriceSmart" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>), operator of 54 warehouse clubs in 12 countries and one U.S. territory, today announced an 8.6% increase to its annual dividend and the results of the Company's 2025 annual meeting of stockholders that was held on February 6, 2025.
 &nbsp;

Dividends

PriceSmart Increases Dividend From $0.58 To $0.63 Per Share

Revealing a significant insider sell on January 29, JOHN HILDEBRANDT, President and COO at Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>), as per the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001041803/000162828025003009//Archives/edgar/data/1041803/000162828025003009/0001628280-25-003009-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday outlined that HILDEBRANDT executed a sale of 580 shares of Pricesmart with a total value of $53,589.
The latest market snapshot at Thursday morning reveals Pricesmart shares up by 1.06%, trading at $92.9.
<h3>Delving into Pricesmart's Background</h3>
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 the Caribbean, Costa Rica, Panama, and other regions. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income. Its operations consist of four reportable segments; Central America, the Caribbean, Colombia, and the United States. A majority of the company's revenue is derived from Central America.
<h3>Unraveling the Financial Story of Pricesmart</h3>
Revenue Growth: Pricesmart displayed positive results in 3 months. As of 31 August, 2024, the company achieved a solid revenue growth rate of approximately 9.65%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 17.28%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Pricesmart's EPS is below the industry average. The company faced challenges with a current EPS of 1.21. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Pricesmart's debt-to-equity ratio is below the industry average. With a ratio of 0.22, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Overview:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 20.25 is lower than the industry average, implying a discounted valuation for Pricesmart's stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.55, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 9.67, Pricesmart presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>The Relevance of Insider Transactions</h3>
In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Understanding Crucial Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001041803">Check Out The Full List Of Pricesmart's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Trading Ideas

JOHN HILDEBRANDT Implements A Sell Strategy: Offloads $53K In Pricesmart Stock

Michael McCleary, EVP &amp; CFO at Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>), disclosed an insider sell on January 22, according to a recent SEC filing.
What Happened: McCleary's decision to sell 4,000 shares of Pricesmart was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001041803/000179671425000002//Archives/edgar/data/1041803/000179671425000002/0001796714-25-000002-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $358,660.
During Thursday's morning session, Pricesmart shares down by 0.0%, currently priced at $90.64.
<h3>All You Need to Know About Pricesmart</h3>
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 the Caribbean, Costa Rica, Panama, and other regions. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income. Its operations consist of four reportable segments; Central America, the Caribbean, Colombia, and the United States. A majority of the company's revenue is derived from Central America.
<h3>Unraveling the Financial Story of Pricesmart</h3>
Revenue Growth: Pricesmart's revenue growth over a period of 3 months has been noteworthy. As of 31 August, 2024, the company achieved a revenue growth rate of approximately 9.65%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.
Key Insights into Profitability Metrics:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 17.28%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Pricesmart's EPS is below the industry average. The company faced challenges with a current EPS of 0.95. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: Pricesmart's debt-to-equity ratio is below the industry average at 0.22, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Analysis:
<ul>
<li>
Price to Earnings (P/E) Ratio: Pricesmart's P/E ratio of 19.96 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.54 is lower than the industry average, implying a discounted valuation for Pricesmart's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 9.54, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
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<h3>Why Insider Transactions Are Key in Investment Decisions</h3>
While insider transactions should not be the sole basis for making investment decisions, they can play a significant role in an investor's decision-making process.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
Delving into transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> typically prioritize those unfolding in the open market, as precisely outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001041803">Check Out The Full List Of Pricesmart's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Unloading: Michael McCleary Sells $358K Worth Of Pricesmart Shares

U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% on Friday.
Shares of PriceSmart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) fell sharply in today's pre-market trading after the company reported <a href="https://www.benzinga.com/quote/PSMT/earnings">worse-than-expected first-quarter EPS results.</a>
Pricesmart posted quarterly GAAP EPS of $1.21, missing market estimates of $1.31.
PriceSmart shares fell 3.3% to $90.40 &nbsp;in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Mercury General Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCY#NYSE">MCY</a>) shares tumbled 30.1% to $42.42 in pre-market trading after declining around 6% on Wednesday.</li>
<li>Vinci Partners Investments Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINP#NASDAQ">VINP</a>) shares dipped 15.5% to $8.10 in pre-market trading.</li>
<li>Urogen Pharma Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/URGN#NASDAQ">URGN</a>) fell 7.6% to $10.20 in pre-market trading.</li>
<li>ZIM Integrated Shipping Services Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) declined 7.4% to $19.16 in pre-market trading.</li>
<li>ORIC Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORIC#NASDAQ">ORIC</a>) fell 5.8% to $8.01 in pre-market trading.</li>
<li>Natwest Group PLC – ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWG#NYSE">NWG</a>) fell 5.5% to $9.30 in pre-market trading.</li>
<li>Regional Management Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RM#NYSE">RM</a>) declined 4.8% to $31.20 in pre-market trading. Regional Management will report fourth quarter results on Wednesday, Feb. 5.</li>
<li>Roku Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) fell 2.8% to $80.70 in pre-market trading. Roku shares surged over 6% on Wednesday after the company reported surpassing 90 million streaming households in the first week of January 2025.</li>
</ul>
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PriceSmart Posts Weak Earnings, Joins Roku And Other Big Stocks Moving Lower In Friday's Pre-Market Session

WIIM

PriceSmart shares are trading lower after the company reported worse-than-expected Q1 EPS results.

Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) released its Q1 earnings on Wednesday, January 8, 2025 at 04:01 PM.
Here's what's important from the earnings announcement.
<h3>Earnings</h3>
Pricesmart missed estimated earnings by -8.0%, reporting an EPS of $1.21 versus an estimate of $1.31.
Revenue was up $91.94 million from the same period last year.
<h3>Past Earnings Performance</h3>
The company missed on EPS by $0.09 in the previous quarter, leading to a 7.000000000000001% drop share price change the next day.
Here's a look at Pricesmart's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>1.03</td>
<td>1.01</td>
<td>1.24</td>
<td>1.09</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.94</td>
<td>1.08</td>
<td>1.31</td>
<td>1.24</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>1.22B</td>
<td>1.21B</td>
<td>1.28B</td>
<td>1.16B</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>1.23B</td>
<td>1.23B</td>
<td>1.29B</td>
<td>1.17B</td>
</tr>
</tbody>
</table>

To track all earnings releases for Pricesmart <a href="https://www.benzinga.com/quote/PSMT/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Earnings Summary: Pricesmart Q1

Earnings Beats

Earnings Misses

Pricesmart Q1 GAAP EPS $1.21 Misses $1.31 Estimate, Sales $1.26B Beat $1.24B Estimate

The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the &#8220;Fear&#8221; zone on Tuesday.
U.S. stocks settled lower on Tuesday, with the S&amp;P 500 falling more than 1% during the session amid a decline in major tech stocks.
NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares dipped 6.2% on Tuesday after hitting a record high level. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares fell over 4% after BofA Securities downgraded the stock from Buy to Neutral, while Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) lost nearly 2% during the session.
On the economic data front, the U.S. trade deficit increased to $78.2 billion in November versus a revised $73.6 billion gap in the previous month and is in line with market estimates. Imports increased 3.4% to $351.6 billion, while exports rose 2.7% to $273.4 billion.
Most sectors on the S&amp;P 500 closed on a negative note, with consumer discretionary, communication services, and information technology stocks recording the biggest losses on Tuesday. However, energy and health care stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 178 points to 42,528.36 on Tuesday. The S&amp;P 500 fell 1.11% to 5,909.03, while the Nasdaq Composite dipped 1.89% at 19,489.68 during Tuesday's session.
Investors are awaiting earnings results from UniFirst Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>), Acuity Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) and PriceSmart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) today.
At a current reading of 35.7, the index remained in the &#8220;Fear&#8221; zone on Tuesday, versus a prior reading of 37.8.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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S&P 500 Down Over 1% As Nvidia, Tesla Tumble: Greed Index Remains In 'Fear' Zone

<h3>Companies Reporting Before The Bell</h3>
• UniFirst (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) is estimated to report quarterly earnings at $2.21 per share on revenue of $606.60 million. 
• Simply Good Foods (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMPL#NASDAQ">SMPL</a>) is projected to report quarterly earnings at $0.46 per share on revenue of $347.32 million. 
• Helen Of Troy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HELE#NASDAQ">HELE</a>) is likely to report quarterly earnings at $2.58 per share on revenue of $532.91 million. 
• MSC Industrial Direct Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSM#NYSE">MSM</a>) is likely to report quarterly earnings at $0.73 per share on revenue of $904.59 million. 
• Albertsons Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACI#NYSE">ACI</a>) is estimated to report quarterly earnings at $0.66 per share on revenue of $18.82 billion. 
• Acuity Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) is estimated to report quarterly earnings at $3.89 per share on revenue of $956.17 million. 
• AngioDynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) is expected to report quarterly loss at $0.11 per share on revenue of $70.93 million. 
<h3>Companies Reporting After The Bell</h3>
• Jefferies Financial Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>) is likely to report quarterly earnings at $1.04 per share on revenue of $1.83 billion. 
• Penguin Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENG#NASDAQ">PENG</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $319.99 million. 
• Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) is projected to report quarterly earnings at $1.29 per share on revenue of $1.24 billion. 
• Greenbrier Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBX#NYSE">GBX</a>) is projected to report quarterly earnings at $1.15 per share on revenue of $849.51 million. 
• Franklin Covey (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FC#NYSE">FC</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $70.15 million. 
• Saratoga Investment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAR#NYSE">SAR</a>) is projected to report quarterly earnings at $0.84 per share on revenue of $34.90 million. 
• Pure Cycle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCYO#NASDAQ">PCYO</a>) is likely to report earnings for its first quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For January 8, 2025

With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects UniFirst Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNF#NYSE">UNF</a>) to report quarterly earnings at $2.22 per share on revenue of $606.62 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. UniFirst shares gained 2.5% to $209.76 in after-hours trading.</li>
<li>Cal-Maine Foods, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CALM#NASDAQ">CALM</a>) posted better-than-expected results for its second quarter. The company said it set a quarterly record for total dozens sold and specialty dozens sold. It also announced a cash dividend of approximately $1.49 per share. Cal-Maine shares climbed 3.8% to $107.60 in the after-hours trading session.</li>
<li>Analysts are expecting Acuity Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AYI#NYSE">AYI</a>) to post quarterly earnings at $3.89 per share on revenue of $956.18 million. The company will release earnings before the markets open. Acuity Brands shares fell 0.3% to $303.00 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>AAR Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIR#NYSE">AIR</a>) posted stronger-than-expected second-quarter results. The company reported quarterly earnings of 90 cents per share, which beat the analyst consensus estimate of 84 cents. Quarterly revenue came in at $686.1 million, which beat the analyst consensus estimate of $654.18 million. AAR shares surged 5.8% to $65.35 in the after-hours trading session.</li>
<li>Analysts expect PriceSmart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) to post quarterly earnings at $3.68 per share on revenue of $751.49 million after the closing bell. PriceSmart shares gained 0.6% to close at $92.22 on Tuesday.</li>
</ul>
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UniFirst, Acuity Brands And 3 Stocks To Watch Heading Into Wednesday

PriceSmart shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results.

Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) reported quarterly earnings of $0.94 per share which missed the analyst consensus estimate of $1.03 by 8.74 percent. This is a 44.62 percent increase over earnings of $0.65 per share from the same period last year. The company reported quarterly sales of $1.226 billion which beat the analyst consensus estimate of $1.217 billion by 0.71 percent. This is a 9.66 percent increase over sales of $1.118 billion the same period last year.

Pricesmart Q4 2024 Adj. EPS $0.94 Misses $1.03 Estimate, Sales $1.226B Beat $1.217B Estimate

Michael McCleary, EVP &amp; CFO at Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>), disclosed an insider sell on July 24, according to a recent SEC filing.
What Happened: McCleary's decision to sell 4,000 shares of Pricesmart was revealed in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001041803/000179671424000002//Archives/edgar/data/1041803/000179671424000002/0001796714-24-000002-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value of the sale is $350,044.
Monitoring the market, Pricesmart's shares down by 0.0% at $86.18 during Thursday's morning.
<h3>About Pricesmart</h3>
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.
<h3>Unraveling the Financial Story of Pricesmart</h3>
Revenue Growth: Pricesmart displayed positive results in 3 months. As of 31 May, 2024, the company achieved a solid revenue growth rate of approximately 12.11%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company issues a cost efficiency warning with a low gross margin of 17.06%, indicating potential difficulties in maintaining profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Pricesmart's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 1.08.
</li>
</ul>
Debt Management: Pricesmart's debt-to-equity ratio is below the industry average at 0.24, reflecting a lower dependency on debt financing and a more conservative financial approach.
Financial Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: The P/E ratio of 20.96 is lower than the industry average, implying a discounted valuation for Pricesmart's stock.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.54 is lower than the industry average, implying a discounted valuation for Pricesmart's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With a below-average EV/EBITDA ratio of 9.43, Pricesmart presents an opportunity for value investors. This lower valuation may attract investors seeking undervalued opportunities.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Why Insider Transactions Are Important</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Cracking Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001041803">Check Out The Full List Of Pricesmart's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Pricesmart EVP & CFO Sold $350K In Company Stock

Revealing a significant insider sell on July 18, Sherry Bahrambeygui, Director at Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>), as per the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001041803/000162828024032143//Archives/edgar/data/1041803/000162828024032143/0001628280-24-032143-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Bahrambeygui sold 23,141 shares of Pricesmart. The total transaction value is $2,000,909.
Pricesmart shares are trading down 0.71% at $89.93 at the time of this writing on Thursday morning.
<h3>Get to Know Pricesmart Better</h3>
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.
<h3>Pricesmart: Delving into Financials</h3>
Revenue Growth: Pricesmart's revenue growth over a period of 3 months has been noteworthy. As of 31 May, 2024, the company achieved a revenue growth rate of approximately 12.11%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Staples sector.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: With a low gross margin of 17.06%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 1.08, Pricesmart showcases strong earnings per share.
</li>
</ul>
Debt Management: Pricesmart's debt-to-equity ratio is below the industry average at 0.24, reflecting a lower dependency on debt financing and a more conservative financial approach.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 22.04 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.57, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Indicated by a lower-than-industry-average EV/EBITDA ratio of 9.91, the company suggests a potential undervaluation, which might be advantageous for value-focused investors.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
When discussing legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated in Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are required to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
A new purchase by a company insider is a indication that they anticipate the stock will rise.
On the other hand, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001041803">Check Out The Full List Of Pricesmart's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Pricesmart Director Trades $2.00M In Company Stock

Francisco Velasco, EVP at Pricesmart (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>), executed a substantial insider sell on July 18, according to an SEC filing.
What Happened: Velasco's recent move involves selling 1,298 shares of Pricesmart. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001041803/000162828024032145//Archives/edgar/data/1041803/000162828024032145/0001628280-24-032145-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The total value is $112,926.
The latest market snapshot at Thursday morning reveals Pricesmart shares down by 0.71%, trading at $89.93.
<h3>Unveiling the Story Behind Pricesmart</h3>
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.
<h3>Understanding the Numbers: Pricesmart's Finances</h3>
Revenue Growth: Over the 3 months period, Pricesmart showcased positive performance, achieving a revenue growth rate of 12.11% as of 31 May, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: With a low gross margin of 17.06%, the company exhibits below-average profitability, signaling potential struggles in cost efficiency compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Pricesmart's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 1.08.
</li>
</ul>
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.24.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 22.04 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.57, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 9.91, Pricesmart presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Why Pay Attention to Insider Transactions</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Essential Transaction Codes Unveiled</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001041803">Check Out The Full List Of Pricesmart's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sell Alert: Francisco Velasco Cashes Out $112K In Pricesmart Stock

PriceSmart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) shares are trading higher after the company reported third-quarter FY24 revenue growth of&nbsp;12.1% Y/Y to&nbsp;$1.23&nbsp;billion, beating<a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n39717674/pricesmart-announces-fiscal-2024-third-quarter-operating-results" rel="noreferrer noopener"> the consensus of $1.21 billion</a>.
Net merchandise sales grew 11.6% to $1.19 billion in the quarter, and on a constant currency basis, sales increased by 9.1% Y/Y.
Comparable net merchandise sales for the 50 warehouse clubs open for more than 13 ½ calendar months increased&nbsp;7.8%&nbsp;for the 13 weeks ended June&nbsp;2, 2024.
Operating income rose to $49.9 million from $43.1 million in the prior year quarter. Adjusted EBITDA stood at $71.0 million vs. $63.9 million in the same period last year.
Adjusted&nbsp;EPS of $1.08, <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">exceeding the consensus of $1.01</a>.
As of May-end, the company had 54 warehouse clubs in operation vs 51 the prior year. The company held cash and equivalents of $231 million.
Investors can gain exposure to the stock via Invesco S&amp;P SmallCap Consumer Staples ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSCC#NASDAQ">PSCC</a>).
<h2 class="wp-block-heading">PSMT Stock Prediction For 2024</h2>
When buying a stock for a longer time horizon, it is important for investors to assess where they think the stock is headed in the future.
When mapping a stock's future trajectory, investors should consider factors including the future earnings expectations and expected performance against a benchmark.
Pricesmart&#8217;s revenue has grown at an average rate of 9.71% annually over the past 5 years. The average 1-year price target from analysts is $90.0, representing an expected 14.37% upside in 2025.
While past performance is not a guarantee of future results, investors should also look at a stock's historical performance when compared to both a benchmark index and the company's peers. Shares of Pricesmart have seen an annualized return of -3.19%, underperforming the S&amp;P500 index by 11.91%. This compares to 6.17% growth in the overall Consumer Staples sector. Pricesmart has a beta of 1.04.
Price Action: PSMT shares are up 1.25% at $79.28 at the last check Thursday.

Equities

Small Cap

PSCC

PriceSmart Packs A Punch: Q3 Earnings Soar Past Estimates with Solid Sales Growth

The futures market on Thursday reflected jitteriness as traders awaited the all-important consumer price inflation data. The broader market is amid a multi-session winning run and has been breaking records session after session, sending the valuation of especially some mega-cap stocks to unsustainable levels. An in-line to tamer monthly headline number could push up the S&amp;P 500 Index by as much as 1.75%, according to JPMorgan&#8217;s trading desk. A miss could send the index tumbling by as much as 2.50%, traders at the firm said.
The first few key earnings reports that dropped in disappointed, likely setting off worries concerning the reporting season. Traders may also keep a close eye on a couple of speeches by Federal Reserve officials and the Treasury auctions scheduled for the day.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.08%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.10%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.13%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.07%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> In premarket trading on Thursday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged down 0.08% to $560.88 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 0.04% to $502.75, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.</figcaption></figure>
Cues From Last Session:
U.S. stocks advanced strongly on Wednesday due to the support lent by Fed Chair Jerome Powell&#8217;s dovish comments that further accelerated the tech rally. The major indices gap-opened higher and moved roughly sideways in the first hour of trading. As traders digested Powell&#8217;s comments, they launched into a steady rally until the final hour of trading and the slope of the rally steepened thereafter, lifting the averages to a strong close.
The S&amp;P 500 Index and the tech-heavy Nasdaq Composite continued their record-breaking streak, both on an intraday and closing basis, with the former setting its sixth straight record close and the latter the seventh. The Dow Jones Industrials Average, which has lagged its other two illustrious counterparts, had the best session since May 31, with all but two index components closing in the green.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.18%</td>
<td>18,647.45</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+1.02%</td>
<td>5,633.91</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+1.09%</td>
<td>39,721.36</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.10%</td>
<td>2,051.75</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption"> Insights From Analysts:</figcaption></figure>
Lisa Shalett, Chief Investment Officer at Morgan Stanley, in a recent podcast, offered her take on the implications of the Nov. 5 election for investors now that it appears that the presumptive Republican candidate Donald Trump appeared to be pulling away with an appreciable lead.
She sees a potential extension of the 2017 tax cuts in the eventuality of a GOP victory to contribute to higher interest rates, which in turn may weigh on corporate profits and stock valuations. Higher tariffs could reignite inflationary pressure, potentially exacerbating consumer pain from high prices, she said. The strategist also sees immigration curbs to slow U.S. population gains that have supported economic growth and disinflation. 
&#8220;Investors should consider adding portfolio exposure to business sectors such as energy, telecommunications and utilities, while focusing on investments that offer growth at a reasonable price,&#8221; she said.
Lumida Wealth&#8217;s Ram Ahluwalia suggested that Wednesday&#8217;s stock market rally is a foretaste of things to come when the Fed cuts rate. &#8220;What you saw yesterday, and on last month's CPI print, is a preview of what will happen when the Fed cuts Small caps especially will ramp, and we can see it happening now,&#8221; he said.
Upcoming Economic Data:
The Bureau of Labor Statistics is due to release its consumer price inflation report for June at 8:30 a.m. EDT. The consensus estimates are as follows:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Consensus</td>
<td>April Readings</td>
</tr>
<tr>
<td>CPI (m-o-m)</td>
<td>0.1%</td>
<td>0%</td>
</tr>
<tr>
<td>CPI (y-o-y)</td>
<td>3.1%</td>
<td>3.3%</td>
</tr>
<tr>
<td>Core CPI (m-o-m)</td>
<td>0.2%</td>
<td>0.2%</td>
</tr>
<tr>
<td>Core CPI (y-o-y)</td>
<td>3.4%</td>
<td>3.4%</td>
</tr>
</tbody>
</table>
</figure>
Among the other Main Street events are:
<ul>
<li>The Labor Department&#8217;s weekly jobless claims report, due at 8:30 a.m. EDT, is expected to show that the number of individuals claiming unemployment benefits may have edged down to 236,000 in the week ended July 6 versus 238,000 in the previous reporting week.</li>
<li>Atlanta Fed President Raphael Bostic&nbsp;is scheduled to speak at 11:15 a.m. EDT.</li>
<li>St. Louis Fed President Alberto Musalem&nbsp;will make a public appearance at 1 p.m. EDT.</li>
<li>The Treasury will auction four- and eight-week notes at 11:30 a.m. EDT and 30-year notes at 1 p.m. EDT.</li>
<li>The Treasury will release the monthly federal budget for June at 2 p.m. EDT. Economists, on average, expect the deficit to shrink from $228 billion to $33 billion.</li>
</ul>
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Stocks In Focus:
<ul>
<li>PriceSmart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) rose nearly 6% <a href="https://benzinga.grsm.io/register174">in premarket trading </a>in reaction to its quarterly results, while WD-40 Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDFC#NASDAQ">WDFC</a>) climbed nearly 12.50%.</li>
<li>Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) and PepsiCo. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NYSE">PEP</a>) reported q<a href="https://www.benzinga.com/calendars/earnings">uarterly results ahead of the market open</a>, with the former falling over 6% after an earnings miss and weak third-quarter forecast, while the latter fell over 1.50% as second-quarter sales came in just shy of estimates of some analysts.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell 0.61% following its 11-session winning streak, while its mega-cap peer Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) continued to grind higher.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures climbed for a second straight session and traded around the $82.50-a-barrel level and gold futures also traded in the green as they approached the $2,400 mark.
The 10-year Treasury note yield, which edged down on Wednesday, was modestly lower at 4.273%.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) edged down but has climbed past the $58K level after settling Wednesday&#8217;s session at around $57.7K.
Among equity markets, Asia followed Wall Street&#8217;s lead and closed notably higher, with the Hong Kong and Chinese markets recording standout gains. Japan&#8217;s Nikkei 224 average ended at a record high. Some positive regional data also added to the buoyancy. The Indian market bucked the trend and settled marginally lower.
In Europe, stocks started on a firm note after German inflation data came in line with expectations and the U.K. GDP rose strongly in the second quarter.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39708345/around-19m-bet-on-this-tech-stock-check-out-these-3-stocks-insiders-are-buying">Around $19M Bet On This Tech Stock? Check Out These 3 Stocks Insiders Are Buying</a></li>
</ul>
Stocks Photo by Phongphan on Shutterstock

Futures

Previews

Federal Reserve

$BTC

WDFC

Wall Street Jittery Ahead Of Key Inflation Data After Delta Air Lines, Pepsi Disappoint: Strategist Recommends Sector Picks Amid Evolving Election Dynamics

Shares of WD-40 Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDFC#NASDAQ">WDFC</a>) rose sharply in today's pre-market trading after the company posted stronger-than-expected results for its <a href="https://www.benzinga.com/news/earnings/24/07/39718439/wd-40-stock-climbs-on-better-than-expected-q3-results-the-details">third quarter on Wednesday</a>.
Quarterly sales came in at $155 million which beat the analyst consensus estimate of $145.8 million. WD-40 reported quarterly earnings of $1.46 per share which beat the analyst consensus estimate of $1.27 per share, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
WD-40 shares jumped 12.5% to $247.20 in pre-market trading.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Volcon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) rose 65.8% to $6.05 in pre-market trading after declining over 6% on Wednesday.</li>
<li>Actelis Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) shares rose 47.7% to $2.32 in pre-market trading after the company announced it received a significant order valued at $260,000 to modernize the traffic systems in a major Mid-Atlantic county in the United States.</li>
<li>MingZhu Logistics Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YGMZ#NASDAQ">YGMZ</a>) gained 45.1% to $2.38 in pre-market trading after surging over 12% on Wednesday.</li>
<li>Blue Star Foods Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSFC#NASDAQ">BSFC</a>) shares rose 28% to $2.15 in pre-market trading after declining around 5% on Wednesday.</li>
<li>Kazia Therapeutics Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KZIA#NASDAQ">KZIA</a>) shares climbed 26.8% to $0.8478 in pre-market trading. Kazia Therapeutics shares jumped 248% on Wednesday after the company announced results from GBM-AGILE, a phase II/III study that included an evaluation of paxalisib versus standard of care for patients with glioblastoma.</li>
<li>Castellum, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTM#NYSE">CTM</a>) rose 15.8% to $0.2316 in pre-market trading. On Wednesday, Castellum said it retired its term loan with Live Oak Banking Company ahead of schedule.</li>
<li>Novo Integrated Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVOS#NASDAQ">NVOS</a>) gained 14.9% to $0.5885 in pre-market trading after gaining over 5% on Wednesday.</li>
<li>NaaS Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAAS#NASDAQ">NAAS</a>) shares gained 14.3% to $5.35 in pre-market trading after surging 44% on Wednesday.</li>
<li>PriceSmart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) rose 5.1% to $82.32 in pre-market trading as the company reported better-than-expected results for its third quarter on Wednesday. The company posted quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $1.01 per share.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Inspire Veterinary Partners, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVP#NASDAQ">IVP</a>) shares fell 22.6% to $5.73 in pre-market trading after jumping 110% on Wednesday. Inspire Veterinary Partners announced the closing of $6 million public offering.</li>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) shares declined 14.7% to $1.45 in pre-market trading. Virpax Pharmaceuticals shares jumped over 46% on Wednesday after the company announced results for a Swine Model pilot study for Probudur.</li>
<li>Longeveron Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGVN#NASDAQ">LGVN</a>) shares fell 14.3% to $3.90 in pre-market trading. Longeveron shares jumped over 58% on Wednesday after the company announced that the FDA granted Regenerative Medicine Advanced Therapy designation to Lomecel-B for the treatment of mild Alzheimer&#8217;s Disease.</li>
<li>Cingulate Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CING#NASDAQ">CING</a>) shares fell 14.1% to $0.5571 in pre-market trading after gaining 74% on Wednesday.</li>
<li>Zapp Electric Vehicles Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) fell 13.8% to $8.06 in pre-market trading after dipping around 48% on Wednesday.</li>
<li>Innovative Eyewear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUCY#NASDAQ">LUCY</a>) fell 11.4% to $0.4066 in pre-market trading after gaining over 20% on Wednesday.</li>
<li>Scisparc Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRC#NASDAQ">SPRC</a>) shares fell 10.7% to $0.60 in pre-market trading. SciSparc recently signed a non-binding letter of intent to spin off its clinical-stage pharmaceutical portfolio and its equity stake in SciSparc Nutraceuticals.</li>
<li>SAI.TECH Global Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAI#NASDAQ">SAI</a>) shares dipped 7% to $1.07 in pre-market trading after jumping more than 28% on Wednesday.</li>
<li>Newegg Commerce Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEGG#NASDAQ">NEGG</a>) shares fell 9.1% to $1.00 in pre-market trading after declining 5% on Wednesday. Newegg Commerce, on Monday, announced that the presale for its tenth annual FantasTech Sales event is now live.</li>
<li>LiveWire Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVWR#NASDAQ">LVWR</a>) shares declined 6.8% to $7.00 in pre-market trading. LiveWire Group is expected to release its second quarter financial results before the opening bell Thursday, July 25.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/07/39722606/s-p-500-settles-above-5-600-for-first-time-ahead-of-inflation-data-fear-index-moves-to-greed-zone">S&amp;P 500 Settles Above 5,600 For First Time Ahead Of Inflation Data, Fear Index Moves To &#8216;Greed&#8217; Zone</a></li>
</ul>

ASNS

BSFC

CING

KZIA

LGVN

LUCY

LVWR

NAAS

NEGG

NVOS

SPRC

VLCN

VRPX

YGMZ

ZAPP

Why WD-40 Shares Are Trading Higher By Over 12%; Here Are 20 Stocks Moving Premarket

With U.S. stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>) to report quarterly earnings at $2.16 per share on revenue of $22.60 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. PepsiCo shares gained 0.2% to $163.99 in the after-hours trading session.</li>
<li>WD-40 Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDFC#NASDAQ">WDFC</a>) posted stronger-than-expected results for its third quarter on Wednesday. WD-40 shares surged 12.3% to $246.69 in the after-hours trading session.</li>
<li>Analysts are expecting Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) to post quarterly earnings at $2.37 per share on revenue of $15.45 billion. The company will release earnings before the markets open. Delta Air shares gained 0.3% to $47.00 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>PriceSmart, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSMT#NASDAQ">PSMT</a>) reported better-than-expected results for its third quarter on Wednesday. The company posted quarterly earnings of $1.08 per share which beat the analyst consensus estimate of $1.01 per share. PriceSmart shares climbed 5.9% to $82.90 in the after-hours trading session.</li>
<li>Analysts expect Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>) to post quarterly earnings at 57 cents per share on revenue of $2.93 billion. Conagra shares fell 1% to $28.53 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39708384/top-3-tech-stocks-that-could-blast-off-in-july">Top 3 Tech Stocks That Could Blast Off In July</a></li>
</ul>
Photo courtesy: Shutterstock

PepsiCo, Delta Air Lines And 3 Stocks To Watch Heading Into Thursday

PriceSmart shares are trading higher following better-than-expected Q3 financial results.

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Closing Bell Movers: Penguin Solutions up 16% on earnings beat

Scotiabank analyst Hector Maya maintained a Hold rating on Pricesmart (PSMT – Research Report) today and set a price target of $100.00. The company...

Pricesmart (PSMT) Gets a Hold from Scotiabank

PriceSmart, Inc. (PSMT) Q1 2025 Earnings Call Transcript

Pricesmart ( ($PSMT) ) has released its Q1 earnings. Here is a breakdown of the information Pricesmart presented to its investors. PriceSmart, Inc....

PriceSmart Reports Steady Growth in First Quarter Results

PriceSmart: Warehouse Club Operator With Further Upside Potential

The retail industry is undergoing a transformative shift, fueled by e-commerce, mobile technologies, and data-driven strategies. As these innovations redefine shopping experiences, fundamentally robust retail stocks Walmart (WMT), Alibaba Group (BABA), and PriceSmart (PSMT) are strategically positioned to thrive in this evolving landscape. Read further... The retail industry is undergoing significant change, driven by the rise of e-commerce, mobile commerce, and data-driven insights. Therefore, investors could consider buying solid retail stocks Walmart Inc. (<a href="https://stocknews.com/stock/WMT/">WMT</a>), Alibaba Group Holding Limited (<a href="https://stocknews.com/stock/BABA/">BABA</a>), and PriceSmart, Inc. (<a href="https://stocknews.com/stock/PSMT/">PSMT</a>), which are strategically positioned to excel in the evolving digital landscape.
As the retail sector embraces digital transformation, companies are innovating to meet changing consumer demands and technological advancements. Retailers are adopting technologies like artificial intelligence, data analytics, and personalized marketing to enhance customer experiences and boost sales. The shift toward omnichannel retailing has further blurred the lines between online and offline shopping, catering to the growing demand for convenience and efficiency.
<a href="https://apnews.com/article/retail-sales-economy-spending-483d7ee469187253262c5b47442a1988">Retail sales rose 0.7%</a> in November, driven by a 2.6% jump at auto dealers, reflecting hurricane recovery demand and dealer incentives. Robust spending highlights steady economic growth despite high interest rates, which may prompt the Federal Reserve to ease rate cuts more gradually.
Furthermore, the global retail market is projected to touch $50.86 trillion by 2030, expanding at a <a href="https://www.mordorintelligence.com/industry-reports/retail-industry">CAGR of 7.7%</a>.
Considering these positive developments, let's delve deeper into retail stocks:
Walmart Inc. (<a href="https://stocknews.com/stock/WMT/">WMT</a>)
WMT is a global retailer offering groceries, health products, electronics, apparel, and financial services through physical stores and eCommerce platforms. It operates under Walmart, Sam's Club, and private brands like Allswell and Equate.
On December 3, WMT completed its acquisition of VIZIO, marking a significant expansion into the consumer electronics market.
It pays an annual dividend of $0.83, which translates to a dividend yield of 0.93% at the prevailing price levels.
WMT's total revenue increased 5.5% year-over-year to $169.59 billion in the fiscal 2024 third quarter that ended on October 31, 2024. Its adjusted operating income came in at $21.74 billion, up 9.5% year-over-year. Its <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> came in at $4.71 million, up 633.1% year-over-year, while its adjusted EPS grew 13.7% from the year-ago value to $0.58.
Street expects WMT's revenue for the fiscal third quarter (ending January 2025) to increase 4% year-over-year to $178.74 billion. Its EPS for the same quarter is expected to grow 6.8% from the prior year to $0.64. In addition, it surpassed the consensus revenue estimates in each of the trailing four quarters.
Shares of WMT have gained 69.5% over the past year and 32.2% over the past six months to close the last trading session at $90.
WMT's bright prospects are apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
It has an A grade in Stability and Sentiment and a B for Momentum. Within the same industry, it is ranked #14 out of 37 stocks in the A-rated <a href="https://stocknews.com/category/grocery-big-box-retailers/">Grocery/Big Box Retailers</a> industry.
Click <a href="https://stocknews.com/stock/WMT/">here</a> to see WMT's ratings for Growth, Value, and Quality.
Alibaba Group Holding Limited (<a href="https://stocknews.com/stock/BABA/">BABA</a>)
BABA, headquartered in Hangzhou, China, offers a wide range of products and services, including e-commerce platforms (Taobao, Tmall), logistics (Cainiao), cloud computing, digital media (Youku), and business efficiency tools (DingTalk). The company also provides wholesale marketplaces, on-demand delivery, and smart hardware like Tmall Genie.
On November 28, BABA announced the successful completion of a $2.65 billion offering of U.S. dollar-denominated senior unsecured notes on November 26. The offering underscores Alibaba's strategic financial initiatives to bolster its operational and growth plans.
The company pays an annual dividend of $ 2, which translates to a dividend yield of 2.36% at the prevailing price levels.
In the fiscal second quarter ended September 30, 2024, BABA's revenues increased marginally year-over-year to RMB236.50 million ($32.40 million). Its income from operations was RMB35.25 million ($4.83 million), up marginally from the year-ago value. Moreover, its non-GAAP net income and non-GAAP earnings per ADS stood at RMB36.52 million ($5 million) and RMB15.06 ($2.06), respectively.
Analysts expect BABA's revenue and EPS for the third quarter ending December 31, 2024, to increase 6.3% and 3.9% year-over-year to $ 38.47 billion and $2.74, respectively.
The stock climbed 15.3% over the past six months and has returned 13.6% over the past year to close the last trading session at $84.95.
BABA's POWR Ratings reflect strong prospects. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Growth, Momentum, Sentiment, and Quality. It is ranked #9 out of 43 stocks in the A-rated <a href="https://stocknews.com/category/china/">China</a> industry.
To access BABA's Value and Stability ratings, click <a href="https://stocknews.com/stock/BABA/">here</a>.
PriceSmart, Inc. (<a href="https://stocknews.com/stock/PSMT/">PSMT</a>)
PSMT based in the U.S., runs membership warehouse clubs in the Americas and the Caribbean. It offers groceries, electronics, home goods, private-label products, health services, and e-commerce with curbside pickup and delivery.
It pays an annual dividend of $1.16, which translates to a dividend yield of 1.26% at the prevailing price levels.
PSMT's total revenues increased 9.8% year-over-year to $ 1.23 billion in the fiscal fourth quarter that ended on August 31, 2024. Its operating income was $ 49.20 million, up 53.1% from the year-ago value. Its adjusted net income came in at $29.07 million, up 42.8% over the prior-year quarter. Its adjusted net income per share grew 44.6% from the year-ago value to $0.94.
Street expects PSMT's revenue for the fiscal first quarter (ending November 30, 2024) to increase 6.3% year-over-year to $ 1.24 billion. Its EPS for the same quarter is expected to grow 9.7% from the prior year to $1.36. In addition, it surpassed the consensus revenue estimates in all of the trailing four quarters.
Shares of PSMT have gained 23.3% over the past year and 16.7% over the past six months to close the last trading session at $92.91.
PSMT's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has an A grade for Growth and a B for Value, Momentum, and Stability. Within the A-rated Grocery/Big Box Retailers industry, it is ranked #24 out of 37.
Click <a href="https://stocknews.com/stock/PSMT/">here</a> to see PSMT's ratings for Sentiment and Quality.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>
&nbsp;

<hr />
WMT shares rose $0.14 (+0.16%) in premarket trading Friday. Year-to-date, WMT has declined -0.28%, versus a 0.10% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/wmt-baba-psmt-3-retail-stocks-thriving-in-a-digital-world/>3 Retail Stocks Thriving in a Digital World</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Retail Stocks Thriving in a Digital World

PriceSmart (PSMT) announced an 8.6% increase to its annual dividend and the results of the Company's 2025 annual meeting of stockholders that was h...

PriceSmart raises annual dividend 8.6% $1.26 per share

PriceSmart raises dividend by 8.6% to  $1.26/share

Pricesmart ( ($PSMT) ) just unveiled an update. On February 6, 2025, PriceSmart, Inc. held its Annual Meeting of Stockholders virtually, where seve...

PriceSmart Holds Annual Stockholders Meeting, Announces Dividend

AVDL

BABA

BBCP

CLDI

GMED

NPCE

Press Releases

PriceSmart Announces Opening of Fourth Warehouse Club in El Salvador and Earnings Release and Conference Call Details for the Second Quarter of Fiscal 2024

PRICESMART ANNOUNCES FISCAL 2024 SECOND QUARTER OPERATING RESULTS; $1.00 PER SHARE SPECIAL DIVIDEND; PLANS FOR NINTH WAREHOUSE IN COSTA RICA

PriceSmart Announces Release of its Fiscal Year 2023 Environmental and Social Responsibility (ESR) Report Highlighting Commitment to Sustainability and Community Impact and Conference Call Details for the Third Quarter of Fiscal 2024

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