Roth Capital Comments on PSQ Holdings, Inc.’s Q1 2024 Earnings (NYSE:PSQH)

PSQ Holdings, Inc. (NYSE:PSQH) – Research analysts at Roth Capital reduced their Q1 2024 EPS estimates for PSQ in a research note issued to investors on Monday, May 6th. Roth Capital analyst D. Aftahi now forecasts that the company will earn ($0.39) per share for the quarter, down from their previous estimate of ($0.26). The consensus estimate for PSQ’s current full-year earnings is ($0.73) per share. Roth Capital also issued estimates for PSQ’s Q2 2024 earnings at ($0.26) EPS, Q3 2024 earnings at ($0.14) EPS, Q4 2024 earnings at ($0.15) EPS, FY2024 earnings at ($0.93) EPS, Q1 2025 earnings at ($0.18) EPS, Q2 2025 earnings at ($0.16) EPS, Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.16) EPS and FY2025 earnings at ($0.66) EPS.

PSQ Stock Performance

Shares of NYSE PSQH opened at $3.99 on Thursday. PSQ has a fifty-two week low of $3.66 and a fifty-two week high of $35.57. The business has a 50 day moving average price of $4.60 and a two-hundred day moving average price of $5.14.

PSQ (NYSE:PSQH) last posted its quarterly earnings data on Thursday, March 14th. The company reported ($0.40) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.07. The firm had revenue of $2.75 million during the quarter, compared to analysts’ expectations of $2.47 million.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. bought a new stake in shares of PSQ in the 3rd quarter valued at approximately $27,000. Capital Investment Counsel Inc acquired a new position in PSQ in the fourth quarter worth $60,000. Financial Advocates Investment Management acquired a new position in PSQ in the fourth quarter worth $65,000. Calton & Associates Inc. bought a new stake in PSQ during the fourth quarter valued at $431,000. Finally, Mariner LLC acquired a new stake in shares of PSQ during the third quarter worth $1,571,000. 17.32% of the stock is currently owned by institutional investors.

PSQ Company Profile

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.