In the last trading session, 4.16 million Portillos Inc (NASDAQ:PTLO) shares changed hands as the company’s beta touched 1.71. With the company’s per share price at $11.63 changed hands at $1.48 or 14.58% during last session, the market valuation stood at $863.21M. PTLO’s last price was a discount, traded about -39.04% off its 52-week high of $16.17. The share price had its 52-week low at $8.38, which suggests the last value was 27.94% up since then. When we look at Portillos Inc’s average trading volume, we note the 10-day average is 1.64 million shares, with the 3-month average coming to 1.34 million.
Analysts gave the Portillos Inc (PTLO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.82. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended PTLO as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Portillos Inc’s EPS for the current quarter is expected to be 0.03.
Portillos Inc (NASDAQ:PTLO) trade information
Instantly PTLO was in green as seen at the end of in last trading. With action 16.07%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 23.72%, with the 5-day performance at 16.07% in the green. However, in the 30-day time frame, Portillos Inc (NASDAQ:PTLO) is 14.92% up. Looking at the short shares, we see there were 8.12 million shares sold at short interest cover period of 5.17 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 10.54% from its current market value. According to analyst projections, PTLO’s forecast low is 13 with 13 as the target high. To hit the forecast high, the stock’s price needs a -11.78% plunge from its current level, while the stock would need to soar -11.78% for it to hit the projected low.
Portillos Inc (PTLO) estimates and forecasts
Data shows that the Portillos Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 21.91% over the past 6 months, a -18.92% in annual growth rate that is considerably lower than the industry average of 1.50%. Year-over-year growth is forecast to reach 4.56% up from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 184.46M. 8 analysts are of the opinion that Portillos Inc’s revenue for the current quarter will be 181.93M. The company’s revenue for the corresponding quarters a year ago was 187.86M and 165.83M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.81%. The estimates for the next quarter sales put growth at 9.71%.
The 2025 estimates are for Portillos Inc earnings to decrease by -4.13%, but the outlook for the next 5-year period is at -1.72% per year.
PTLO Dividends
Portillos Inc is expected to release its next quarterly earnings report in February.
Portillos Inc (NASDAQ:PTLO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.97% of Portillos Inc shares while 89.34% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.04%. There are 89.34% institutions holding the Portillos Inc stock share, with BERKSHIRE PARTNERS LLC the top institutional holder. As of 2024-06-30, the company held 10.3117% of the shares, roughly 5.92 million PTLO shares worth $57.57 million.
ORBIS ALLAN GRAY LTD holds the second largest percentage of outstanding shares, with 9.4895% or 5.45 million shares worth $52.98 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Columbia Acorn Fund and Vanguard Total Stock Market Index Fund . With 1.89 shares estimated at $21.95 million under it, the former controlled 3.01% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.81% of the shares, roughly 1.76 shares worth around $20.48 million.
