Roth Capital Analysts Lower Earnings Estimates for PSQ Holdings, Inc. (NYSE:PSQH)

PSQ Holdings, Inc. (NYSE:PSQH) – Equities research analysts at Roth Capital reduced their Q3 2024 EPS estimates for PSQ in a research note issued to investors on Wednesday, July 24th. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings per share of ($0.29) for the quarter, down from their previous estimate of ($0.28). The consensus estimate for PSQ’s current full-year earnings is ($1.25) per share. Roth Capital also issued estimates for PSQ’s Q4 2024 earnings at ($0.25) EPS, FY2024 earnings at ($1.27) EPS, Q2 2025 earnings at ($0.23) EPS, Q3 2025 earnings at ($0.21) EPS, Q4 2025 earnings at ($0.19) EPS and FY2025 earnings at ($0.87) EPS.

Separately, Roth Mkm reiterated a “buy” rating and issued a $7.50 price target (down from $8.50) on shares of PSQ in a research report on Thursday, May 16th.

PSQ Stock Up 0.7 %

PSQH opened at $2.81 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.41 and a debt-to-equity ratio of 0.46. PSQ has a 1-year low of $2.67 and a 1-year high of $15.50. The company has a market capitalization of $79.49 million, a PE ratio of -0.12 and a beta of 0.40. The firm’s 50 day simple moving average is $3.48 and its two-hundred day simple moving average is $4.29.

PSQ (NYSE:PSQH) last issued its earnings results on Wednesday, May 15th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.02. PSQ had a negative net margin of 674.94% and a negative return on equity of 762.28%. The company had revenue of $3.47 million for the quarter, compared to analysts’ expectations of $3.39 million.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Calton & Associates Inc. bought a new stake in shares of PSQ during the 4th quarter valued at $431,000. Financial Advocates Investment Management bought a new stake in shares of PSQ during the 4th quarter valued at $65,000. Finally, Capital Investment Counsel Inc bought a new stake in shares of PSQ during the 4th quarter valued at $60,000. 17.32% of the stock is currently owned by institutional investors.

About PSQ

PSQ Holdings, Inc, together with its subsidiaries, operates an online marketplace through advertising and eCommerce in the United States. It operates through two segments, Marketplace and Brands segments. The PSQ platform is accessible through its mobile application and website. The company also sells diapers and wipes to mothers online under the EveryLife brand name.