Portillo’s Inc. (NASDAQ:PTLO – Get Free Report) has been given an average rating of “Moderate Buy” by the seven ratings firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $13.86.
A number of equities research analysts recently issued reports on PTLO shares. Morgan Stanley decreased their price target on Portillo’s from $15.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 16th. Stifel Nicolaus decreased their target price on Portillo’s from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Friday, July 12th. Bank of America decreased their target price on Portillo’s from $20.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Finally, Stephens lowered Portillo’s from an “overweight” rating to an “equal weight” rating and set a $13.00 target price for the company. in a research report on Monday, October 7th.
Institutional Inflows and Outflows
Portillo’s Price Performance
NASDAQ:PTLO opened at $12.88 on Friday. The firm has a market capitalization of $939.85 million, a price-to-earnings ratio of 33.90, a PEG ratio of 14.85 and a beta of 1.78. Portillo’s has a 1 year low of $8.66 and a 1 year high of $16.98. The business has a 50 day simple moving average of $12.55 and a 200-day simple moving average of $11.23. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.38 and a quick ratio of 0.30.
Portillo’s (NASDAQ:PTLO – Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01). Portillo’s had a return on equity of 5.08% and a net margin of 3.30%. The business had revenue of $181.86 million for the quarter, compared to the consensus estimate of $184.44 million. During the same period in the prior year, the business posted $0.12 earnings per share. Portillo’s’s revenue was up 7.5% on a year-over-year basis. Equities analysts forecast that Portillo’s will post 0.29 EPS for the current year.
Portillo’s Company Profile
Portillo’s Inc owns and operates fast casual restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and chocolate cake shake. It offers its products through its website, application, and certain third-party platforms.
Featured Stories
- Five stocks we like better than Portillo’s
- What is a Stock Market Index and How Do You Use Them?
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Which Wall Street Analysts are the Most Accurate?
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Retail Stocks Investing, Explained
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for Portillo's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Portillo's and related companies with MarketBeat.com's FREE daily email newsletter.