Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Portillos Inc (NASDAQ: PTLO) closed at $12.38 up 1.73% from its previous closing price of $12.17. In other words, the price has increased by $1.73 from its previous closing price. On the day, 0.82 million shares were traded. PTLO stock price reached its highest trading level at $12.39 during the session, while it also had its lowest trading level at $12.11.
Ratios:
For a deeper understanding of Portillos Inc’s stock, let’s take a closer look at its various ratios. 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.
On November 10, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $20.
Morgan Stanley Downgraded its Overweight to Equal-Weight on October 11, 2023, whereas the target price for the stock was revised from $26 to $19.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 04 ’24 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 ’23. The President & CEO now owns 143,116 shares after completing the transaction at $15.99 per share. On Nov 07 ’23, 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 762039744 and an Enterprise Value of 1354963456. As of this moment, Portillos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.60, and their Forward P/E ratio for the next fiscal year is 24.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 1.993 whereas that against EBITDA is 17.164.
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 $11.53. The 50-Day Moving Average of the stock is -8.24%, while the 200-Day Moving Average is calculated to be -22.37%.
Shares Statistics:
For the past three months, PTLO has traded an average of 912.09K shares per day and 1050920 over the past ten days. A total of 61.55M shares are outstanding, with a floating share count of 56.05M. Insiders hold about 8.94% of the company’s shares, while institutions hold 63.39% stake in the company. Shares short for PTLO as of 1711584000 were 4046522 with a Short Ratio of 4.44, compared to 1709164800 on 4166333. Therefore, it implies a Short% of Shares Outstanding of 4046522 and a Short% of Float of 7.870000000000001.
