PSQ Holdings, Inc.'s (NYSE:PSQH) Analyst Just Slashed This Year's Estimates

Simply Wall St.08-19

Market forces rained on the parade of PSQ Holdings, Inc. (NYSE:PSQH) shareholders today, when the covering analyst downgraded their forecasts for this year. Both revenue and earnings per share (EPS) ...

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Both revenue and earnings per share (EPS) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/psq-holdings-inc-nyse-psqh-104717687.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PSQ Holdings, Inc.'s (NYSE:PSQH) Analyst Just Slashed This Year's Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPSQ Holdings, Inc.'s (NYSE:PSQH) Analyst Just Slashed This Year's Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-19 18:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/psq-holdings-inc-nyse-psqh-104717687.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market forces rained on the parade of PSQ Holdings, Inc. (NYSE:PSQH) shareholders today, when the covering analyst downgraded their forecasts for this year. Both revenue and earnings per share (EPS) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/psq-holdings-inc-nyse-psqh-104717687.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4077","symbol_name":"互动媒体与服务","start_time":0,"source_url":"https://finance.yahoo.com/news/psq-holdings-inc-nyse-psqh-104717687.html","article_id":"2460084472","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/jtwePbKEAZvFHrncXoq7iQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/ee047812921f935c11e8b8a18a28c857"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2460084472","pubTimestamp":1724064437,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Market forces rained on the parade of PSQ Holdings, Inc.  shareholders today, when the covering analyst downgraded their forecasts for this year. Both revenue and earnings per share  estimates were cut sharply as the analyst factored in the latest outlook for the business, concluding that they were too optimistic previously.Following the downgrade, the latest consensus from PSQ Holdings' sole analyst is for revenues of US$24m in 2024, which would reflect a sizeable 66% improvement in sales compared to the last 12 months. Per-share losses are expected to creep up to US$1.62. Yet before this consensus update, the analyst had been forecasting revenues of US$29m and losses of US$1.27 per share in 2024. So there's been quite a change-up of views after the recent consensus updates, with the analyst making a serious cut to their revenue forecasts while also expecting losses per share to increase.Of course, seeing company management  invest large sums of money in a stock can be just as useful ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4077":"互动媒体与服务","PSQH":"PSQ HOLDINGS INC","NYSE":"纽交所","PSQH.WS":"PSQ Holdings, Inc."},"translate_title":"PSQ Holdings,Inc.（纽约证券交易所股票代码：PSQH）分析师刚刚大幅下调了今年的预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NYSE":1,"PSQH":1,"PSQH.WS":1},"content_text":"Market forces rained on the parade of PSQ Holdings, Inc. (NYSE:PSQH) shareholders today, when the covering analyst downgraded their forecasts for this year. Both revenue and earnings per share (EPS) estimates were cut sharply as the analyst factored in the latest outlook for the business, concluding that they were too optimistic previously. \n Following the downgrade, the latest consensus from PSQ Holdings' sole analyst is for revenues of US$24m in 2024, which would reflect a sizeable 66% improvement in sales compared to the last 12 months. Per-share losses are expected to creep up to US$1.62. Yet before this consensus update, the analyst had been forecasting revenues of US$29m and losses of US$1.27 per share in 2024. So there's been quite a change-up of views after the recent consensus updates, with the analyst making a serious cut to their revenue forecasts while also expecting losses per share to increase. \n See our latest analysis for PSQ Holdings \n\n\n\n  NYSE:PSQH Earnings and Revenue Growth August 19th 2024\n \n\n The consensus price target fell 33% to US$5.00, implicitly signalling that lower earnings per share are a leading indicator for PSQ Holdings' valuation. \n Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. It's pretty clear that there is an expectation that PSQ Holdings' revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 177% growth on an annualised basis. This is compared to a historical growth rate of 986% over the past year. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 10% per year. Even after the forecast slowdown in growth, it seems obvious that PSQ Holdings is also expected to grow faster than the wider industry. \nThe Bottom Line \n The most important thing to note from this downgrade is that the consensus increased its forecast losses this year, suggesting all may not be well at PSQ Holdings. Unfortunately, the analyst also downgraded their revenue estimates, although our data indicates revenues are expected to perform better than the wider market. With a serious cut to this year's expectations and a falling price target, we wouldn't be surprised if investors were becoming wary of PSQ Holdings. \n After a downgrade like this, it's pretty clear that previous forecasts were too optimistic. What's more, we've spotted several possible issues with PSQ Holdings' business, like dilutive stock issuance over the past year. Learn more, and discover the 3 other flags we've identified, for free  on our platform here.  \n Of course, seeing company management  invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2460084472"}