PSQ (NYSE:PSQH) Releases Earnings Results

PSQ (NYSE:PSQH - Get Free Report) announced its quarterly earnings results on Thursday, May 8th. The company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.30) by $0.06, Zacks reports. PSQ had a negative net margin of 227.52% and a negative return on equity of 404.92%. The company had revenue of $6.75 million during the quarter, compared to the consensus estimate of $7.46 million. PSQ updated its FY 2025 guidance to EPS.

PSQ Stock Performance

PSQH traded down $0.06 on Thursday, hitting $1.94. The company's stock had a trading volume of 119,568 shares, compared to its average volume of 890,267. The company's 50 day simple moving average is $2.12 and its 200-day simple moving average is $3.06. The company has a quick ratio of 1.72, a current ratio of 1.90 and a debt-to-equity ratio of 6.46. PSQ has a 12 month low of $1.63 and a 12 month high of $7.77. The firm has a market cap of $83.04 million, a P/E ratio of -1.54 and a beta of -0.10.

Insider Buying and Selling at PSQ

In related news, Director Willie Langston acquired 25,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was bought at an average cost of $2.05 per share, with a total value of $51,250.00. Following the acquisition, the director now owns 247,776 shares of the company's stock, valued at approximately $507,940.80. The trade was a 11.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 22.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Roth Mkm cut their price target on shares of PSQ from $5.00 to $4.00 and set a "buy" rating on the stock in a research report on Thursday, March 20th. Maxim Group assumed coverage on shares of PSQ in a research report on Wednesday, January 15th. They set a "buy" rating and a $8.00 price objective on the stock.

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.