In today’s recent session, 0.52 million shares of the Portillos Inc (NASDAQ:PTLO) have been traded, and its beta is 1.78. Most recently the company’s share price was $14.27, and it changed around $0.24 or 1.71% from the last close, which brings the market valuation of the company to $1.06B. PTLO at last check was trading at a discount to its 52-week high of $15.78, offering almost -10.58% off that amount. The share price’s 52-week low was $8.38, which indicates that the recent value has risen by an impressive 41.28% since then.
Portillos Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.70. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended PTLO as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Portillos Inc is expected to report earnings per share of 0.05 for the current quarter.
Portillos Inc (NASDAQ:PTLO) trade information
Instantly PTLO has been showing a green trend so far today with a performance of 1.71% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.47 on recent trading dayincreased the stock’s daily price by 1.38%. The company’s shares are currently up 51.81% year-to-date, but still up 2.29% over the last five days. On the other hand, Portillos Inc (NASDAQ:PTLO) is 3.93% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $13, which translates to bulls needing to decrease their stock price by -9.77% from its current value. Analyst projections state that PTLO is forecast to be at a low of $13 and a high of $20.
Portillos Inc (PTLO) estimates and forecasts
The year-over-year growth rate is expected to be 11.41%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 181.01M in revenue for the current quarter. 8 analysts expect Portillos Inc to make 200.43M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 165.83M and 181.86M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 9.15%. Forecasts for the next quarter put sales growth at 10.21%.
Portillos Inc earnings are expected to increase by -11.95% in 2025, but the outlook is positive 11.99% per year for the next five years.
Portillos Inc (NASDAQ:PTLO)’s Major holders
VANGUARD GROUP INC, with 9.3894% or 5.39 million shares worth $52.42 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Columbia Acorn Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 1.89 shares worth $26.99 million, making up 2.95% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 1.76 shares worth around $25.18 million, which represents about 2.76% of the total shares outstanding.
