Portillos Inc (PTLO) stock hits $9.04: Is it a good time to buy or wait for a dip?

Portillos Inc [PTLO] stock prices are up 2.73% to $9.04 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PTLO shares have gain 0.56% over the last week, with a monthly amount drifted -16.64%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Portillos Inc [NASDAQ: PTLO] stock has seen the most recent analyst activity on November 06, 2024, when Stifel downgraded its rating to a Hold but kept the price target unchanged to $13 for it. Previously, Stephens downgraded its rating to Equal-Weight on October 07, 2024, and kept the price target unchanged to $13. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $20 on November 10, 2023. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $19 on October 11, 2023. Morgan Stanley reiterated a Overweight rating for this stock on July 17, 2023, and upped its price target to $28.

The stock price of Portillos Inc [PTLO] has been fluctuating between $8.38 and $16.85 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Portillos Inc [NASDAQ: PTLO] shares were valued at $9.04 at the most recent close of the market. An investor can expect a potential return of 43.81% based on the average PTLO price forecast.

Analyzing the PTLO fundamentals

The Portillos Inc [NASDAQ:PTLO] reported sales of 713.80M for trailing twelve months, representing a surge of 6.86%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 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 0.79.

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 8.84 points at the first support level, and at 8.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.16, and for the 2nd resistance point, it is at 9.28.

Ratios To Look Out For

It’s worth pointing out that Portillos Inc [NASDAQ:PTLO]’s Current Ratio is 0.38. As well, the Quick Ratio is 0.31, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 1.47 and price to earnings (TTM) ratio is 21.54.

Transactions by insiders

Recent insider trading involved Scarpino Nicholas Anthony, Chief Marketing Officer, that happened on Aug 15 ’24 when 96722.0 shares were sold. Officer, Scarpino Nicholas Anthony completed a deal on Aug 15 ’24 to buy 96722.0 shares. Meanwhile, President & CEO Osanloo Michael sold 66052.0 shares on Aug 09 ’24.

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