Portillo’s Inc. (NASDAQ:PTLO – Get Free Report) has been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $14.00.
PTLO has been the subject of several recent research reports. UBS Group boosted their price objective on Portillo’s from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Wednesday, November 6th. Stifel Nicolaus downgraded shares of Portillo’s from a “buy” rating to a “hold” rating and set a $13.00 price target for the company. in a research note on Wednesday, November 6th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $13.00 price objective on shares of Portillo’s in a research note on Wednesday, November 6th.
View Our Latest Analysis on Portillo’s
Hedge Funds Weigh In On Portillo’s
Portillo’s Price Performance
Shares of PTLO stock opened at $10.49 on Monday. The company has a current ratio of 0.38, a quick ratio of 0.31 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $778.57 million, a price-to-earnings ratio of 24.98, a PEG ratio of 12.24 and a beta of 1.68. The firm’s 50 day moving average is $12.16 and its 200-day moving average is $11.27. Portillo’s has a 1 year low of $8.66 and a 1 year high of $16.92.
Portillo’s (NASDAQ:PTLO – Get Free Report) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The firm had revenue of $178.25 million for the quarter, compared to analyst estimates of $182.07 million. Portillo’s had a return on equity of 5.62% and a net margin of 3.65%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $0.07 EPS. Sell-side analysts forecast that Portillo’s will post 0.3 EPS for the current fiscal 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.
Further Reading
- Five stocks we like better than Portillo’s
- What is Put Option Volume?
- Guidewire Software Provides Long-Awaited Buying Opportunity
- Golden Cross Stocks: Pattern, Examples and Charts
- What’s Behind These 3 Recent Analyst Stock Upgrades?
- What Are Growth Stocks and Investing in Them
- Fast-Growing Companies That Are Still Undervalued
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.