What is Roth Capital’s Estimate for PSQ FY2024 Earnings?

PSQ Holdings, Inc. (NYSE:PSQH) – Analysts at Roth Capital increased their FY2024 EPS estimates for PSQ in a research report issued to clients and investors on Wednesday, December 11th. Roth Capital analyst D. Aftahi now forecasts that the company will post earnings per share of ($1.54) for the year, up from their prior estimate of ($1.59). The consensus estimate for PSQ’s current full-year earnings is ($1.59) per share. Roth Capital also issued estimates for PSQ’s Q4 2024 earnings at ($0.34) EPS, Q1 2025 earnings at ($0.25) EPS, Q2 2025 earnings at ($0.25) EPS, Q3 2025 earnings at ($0.25) EPS, Q4 2025 earnings at ($0.24) EPS and FY2025 earnings at ($0.98) EPS.

Separately, Roth Mkm cut their price target on shares of PSQ from $5.00 to $3.50 and set a “buy” rating on the stock in a research report on Thursday, November 14th.

PSQ Price Performance

Shares of PSQH opened at $4.29 on Monday. The stock has a market cap of $149.12 million, a P/E ratio of -3.40 and a beta of 0.17. PSQ has a 1 year low of $2.00 and a 1 year high of $7.77. The stock’s 50-day moving average price is $2.95 and its two-hundred day moving average price is $2.98. The company has a current ratio of 1.90, a quick ratio of 1.72 and a debt-to-equity ratio of 6.46.

PSQ (NYSE:PSQH) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.41) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by ($0.01). The company had revenue of $6.54 million during the quarter, compared to the consensus estimate of $6.52 million. PSQ had a negative return on equity of 404.92% and a negative net margin of 227.52%. During the same quarter in the prior year, the business earned ($0.49) earnings per share.

Institutional Trading of PSQ

A hedge fund recently raised its stake in PSQ stock. Geode Capital Management LLC grew its position in PSQ Holdings, Inc. (NYSE:PSQH) by 28.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 199,185 shares of the company’s stock after purchasing an additional 44,282 shares during the period. Geode Capital Management LLC owned approximately 0.63% of PSQ worth $490,000 at the end of the most recent quarter. 17.32% of the stock is owned by institutional investors.

Insider Transactions at PSQ

In other PSQ news, Director Kelly Lynn Loeffler acquired 1,203,704 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were acquired at an average price of $2.70 per share, for a total transaction of $3,250,000.80. Following the acquisition, the director now directly owns 1,203,704 shares of the company’s stock, valued at approximately $3,250,000.80. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have bought a total of 1,209,235 shares of company stock valued at $3,273,465 over the last three months. 32.11% of the stock is currently owned by corporate insiders.

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.