PSQ (NYSE:PSQH) Announces Quarterly Earnings Results

PSQ (NYSE:PSQH) released its quarterly earnings results on Wednesday. The company reported ($1.44) EPS for the quarter, Zacks reports. PSQ had a negative net margin of 143.15% and a negative return on equity of 217.16%.

Here are the key takeaways from PSQ’s conference call:

• Revenue more than doubled year over year in Q2, up 108%, while normalized operating expenses declined about 12%, headcount fell roughly 50%, and operating cash burn decreased 52% to $2.3 million.
• Payments volume increased 153% year over year to $172.5 million, while Credova credit GMV rose 32% to $14.1 million; management said credit quality, losses, and delinquencies remain within expectations.
• PSQ agreed to sell EveryLife for $5.5 million in cash, with proceeds expected to strengthen the balance sheet and allow management to focus more fully on its core payments and credit businesses.
• Management reaffirmed approximately $32 million in 2026 revenue, expects positive full-year non-GAAP operating income, and forecast a transition to positive operating cash flow around the second or third quarter of 2027.
• Management expects continued strong growth but acknowledged it may moderate from triple-digit levels to above 50%; results are also seasonal, with the second and third quarters typically slower and the fourth quarter strongest.

PSQ Stock Performance

Shares of NYSE PSQH traded down $0.37 during midday trading on Wednesday, hitting $3.33. The company’s stock had a trading volume of 84,322 shares, compared to its average volume of 78,642. The firm has a market capitalization of $10.82 million, a price-to-earnings ratio of -0.27 and a beta of 0.44. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 3.42. The stock has a fifty day moving average price of $6.53 and a 200 day moving average price of $9.39. PSQ has a one year low of $2.95 and a one year high of $42.60.

Institutional Investors Weigh In On PSQ

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Corient Private Wealth LLC boosted its holdings in shares of PSQ by 143.5% in the fourth quarter. Corient Private Wealth LLC now owns 126,627 shares of the company’s stock worth $130,000 after acquiring an additional 74,627 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of PSQ in the third quarter valued at approximately $341,000. Marshall Wace LLP grew its stake in PSQ by 15.6% during the fourth quarter. Marshall Wace LLP now owns 716,901 shares of the company’s stock valued at $738,000 after acquiring an additional 96,858 shares in the last quarter. Vanguard Group Inc. increased its holdings in PSQ by 5.0% during the 3rd quarter. Vanguard Group Inc. now owns 1,374,303 shares of the company’s stock worth $2,625,000 after acquiring an additional 65,696 shares during the period. Finally, Alyeska Investment Group L.P. lifted its stake in PSQ by 0.6% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,368,764 shares of the company’s stock worth $4,524,000 after purchasing an additional 14,525 shares in the last quarter. Institutional investors own 17.32% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on PSQH shares. Weiss Ratings reissued a “sell (e+)” rating on shares of PSQ in a research report on Friday, July 17th. Wall Street Zen raised PSQ to a “hold” rating in a report on Saturday. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $52.50.

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. PSQ Holdings, Inc is headquartered in West Palm Beach, Florida.