In the last trading session, 2.05 million Portillos Inc (NASDAQ:PTLO) shares changed hands as the company’s beta touched 1.78. With the company’s per share price at $12.27 changed hands at -$1.05 or -7.88% during last session, the market valuation stood at $915.37M. PTLO’s last price was a discount, traded about -28.61% off its 52-week high of $15.78. The share price had its 52-week low at $8.38, which suggests the last value was 31.7% up since then. When we look at Portillos Inc’s average trading volume, we note the 10-day average is 1.47 million shares, with the 3-month average coming to 1.81 million.
Analysts gave the Portillos Inc (PTLO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.78. 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 0.05.
Portillos Inc (NASDAQ:PTLO) trade information
Instantly PTLO was in red as seen at the end of in last trading. With action -8.43%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 30.53%, with the 5-day performance at -8.43% in the red. However, in the 30-day time frame, Portillos Inc (NASDAQ:PTLO) is -18.63% down. Looking at the short shares, we see there were 9.18 million shares sold at short interest cover period of 4.62 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13, meaning bulls need an upside of 5.62% from its current market value. According to analyst projections, PTLO’s forecast low is 13 with 20 as the target high. To hit the forecast high, the stock’s price needs a -63.0% plunge from its current level, while the stock would need to soar -5.95% for it to hit the projected low.
Portillos Inc (PTLO) estimates and forecasts
Year-over-year growth is forecast to reach 11.41% up from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 181.01M. 8 analysts are of the opinion that Portillos Inc’s revenue for the current quarter will be 200.43M. The company’s revenue for the corresponding quarters a year ago was 165.83M and 181.86M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.15%. The estimates for the next quarter sales put growth at 10.21%.
The 2025 estimates are for Portillos Inc earnings to decrease by -13.52%, but the outlook for the next 5-year period is at 11.99% per year.
PTLO Dividends
Portillos Inc is expected to release its next quarterly earnings report on 2025-Feb-24.
Portillos Inc (NASDAQ:PTLO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.78% of Portillos Inc shares while 88.40% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 94.83%. There are 88.40% institutions holding the Portillos Inc stock share, with BERKSHIRE PARTNERS LLC the top institutional holder. As of 2024-06-30, the company held 9.6071% of the shares, roughly 5.92 million PTLO shares worth $57.57 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 9.3894% or 5.39 million shares worth $52.42 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Columbia Acorn Fund . With 1.75 shares estimated at $21.48 million under it, the former controlled 2.74% of total outstanding shares. On the other hand, Columbia Acorn Fund held about 2.68% of the shares, roughly 1.71 shares worth around $21.04 million.
