The closing price of Portillos Inc (NASDAQ: PTLO) was $14.26 for the day, down -1.86% from the previous closing price of $14.53. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 1138827 shares were traded.
Ratios:
Our analysis of PTLO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 1.71 whereas as Long-Term Debt/Eq ratio is at 1.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on November 10, 2023, initiated with a Overweight rating and assigned the stock a target price of $20.
On October 11, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $26 to $19.
Morgan Stanley reiterated its Overweight rating for the stock on July 17, 2023, while the target price for the stock was revised from $27 to $28.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 04 when Pratt Derrick Lee sold 1,827 shares for $14.94 per share. The transaction valued at 27,295 led to the insider holds 23,599 shares of the business.
Osanloo Michael sold 1,558 shares of PTLO for $24,912 on Dec 07. The President & CEO now owns 143,116 shares after completing the transaction at $15.99 per share. On Nov 07, another insider, Osanloo Michael, who serves as the President & CEO of the company, sold 10,000 shares for $15.22 each. As a result, the insider received 152,200 and left with 144,674 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PTLO now has a Market Capitalization of 793.56M and an Enterprise Value of 1.33B. As of this moment, Portillos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.62, and their Forward P/E ratio for the next fiscal year is 28.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 2.46. Its current Enterprise Value per Revenue stands at 1.96 whereas that against EBITDA is 16.70.
Stock Price History:
Over the past 52 weeks, PTLO has reached a high of $23.99, while it has fallen to a 52-week low of $12.85. The 50-Day Moving Average of the stock is 14.40, while the 200-Day Moving Average is calculated to be 17.31.
Shares Statistics:
PTLO traded an average of 773.45K shares per day over the past three months and 1.27M shares per day over the past ten days. A total of 55.50M shares are outstanding, with a floating share count of 47.62M. Insiders hold about 14.20% of the company’s shares, while institutions hold 70.10% stake in the company. Shares short for PTLO as of Feb 15, 2024 were 3.84M with a Short Ratio of 4.96, compared to 3.66M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.92% and a Short% of Float of 8.48%.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.02, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.15, with high estimates of $0.18 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.43 and $0.18 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is $0.51, with 6 analysts recommending between $0.55 and $0.49.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $178.9M to a low estimate of $167.47M. As of the current estimate, Portillos Inc’s year-ago sales were $156.06M, an estimated increase of 12.20% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $194.63M, an increase of 15.00% over than the figure of $12.20% in the same quarter last year. There is a high estimate of $196.75M for the next quarter, whereas the lowest estimate is $190M.
A total of 9 analysts have provided revenue estimates for PTLO’s current fiscal year. The highest revenue estimate was $765.93M, while the lowest revenue estimate was $750M, resulting in an average revenue estimate of $760.38M. In the same quarter a year ago, actual revenue was $679.9M, up 11.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $857.32M in the next fiscal year. The high estimate is $873.82M and the low estimate is $847.6M. The average revenue growth estimate for next year is up 12.70% from the average revenue estimate for this year.
