Portillos Inc [PTLO] stock is trading at $13.84, up 4.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PTLO shares have gain 5.81% over the last week, with a monthly amount glided 0.44%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 6, March 2024, Portillo’s Inc. to Participate in Two Investor Conferences in March. In a post published today on Yahoo Finance, Portillo’s Inc. (Nasdaq: PTLO) (“Portillo’s” or the “Company”), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that CEO Michael Osanloo and CFO Michelle Hook will appear at two upcoming investor conferences. The Company will present at the BofA Securities 2024 Consumer & Retail Conference on Tuesday, March 12, 2024 at 1:50 p.m. Eastern Time, and at the UBS Global Consumer & Retail Conference on Thursday, March 14 at 11:00 a.m. Eastern Time. All interested parties may listen to live audio-only webcasts of the presentations by accessing the links at https://investors.portillos.com/events-and-presentations.
From an analyst’s perspective:
Portillos Inc [NASDAQ: PTLO] stock has seen the most recent analyst activity on November 10, 2023, when Stephens initiated its Overweight rating and assigned the stock a price target of $20. Previously, Morgan Stanley downgraded its rating to Equal-Weight on October 11, 2023, and dropped its price target to $19. On July 17, 2023, Morgan Stanley reiterated its Overweight rating and revised its price target to $28 on the stock. Guggenheim upgraded its rating to a Buy and raised its price target to $25 on May 05, 2023. Stifel upgraded its rating to Buy for this stock on March 20, 2023, but kept the price target unchanged to $24. In a note dated January 17, 2023, Morgan Stanley upgraded an Overweight rating on this stock.
Portillos Inc [PTLO] stock has fluctuated between $12.57 and $23.99 over the past year. Currently, Wall Street analysts expect the stock to reach $20 within the next 12 months. Portillos Inc [NASDAQ: PTLO] shares were valued at $13.84 at the most recent close of the market. An investor can expect a potential return of 44.51% based on the average PTLO price forecast.
Analyzing the PTLO fundamentals
Portillos Inc [NASDAQ:PTLO] reported sales of 679.91M for the trailing twelve months, which represents a growth of 24.51%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.97.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.43 points at the first support level, and at 13.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.10, and for the 2nd resistance point, it is at 14.36.
Portillos Inc [PTLO] reported earnings per share of $0.13 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.04/share, meaning a difference of $0.09 and a surprise factor of 225.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.07 per share as compared to estimates of $0.07 per share, a difference of $0 representing a surprise of 0.00%.
Ratios To Look Out For
For context, Portillos Inc’s Current Ratio is 0.40. Also, the Quick Ratio is 0.32, while the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 2.38 and price to earnings (TTM) ratio is 44.27.
Transactions by insiders
Recent insider trading involved Pratt Derrick Lee, Chief Operating Officer, that happened on Jan 04 ’24 when 1827.0 shares were sold. President & CEO, Osanloo Michael completed a deal on Dec 07 ’23 to sell 1558.0 shares. Meanwhile, President & CEO Osanloo Michael sold 10000.0 shares on Nov 07 ’23.
