Closing Bell Recap: Portillos Inc (PTLO) Ends at 12.96, Reflecting a -0.15 Downturn

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Portillos Inc (NASDAQ: PTLO) closed the day trading at $12.96 down -0.15% from the previous closing price of $12.98. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 0.9 million shares were traded. PTLO stock price reached its highest trading level at $13.065 during the session, while it also had its lowest trading level at $12.73.

Ratios:

For a better understanding of PTLO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.38. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.46.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 15 ’24 when Scarpino Nicholas Anthony sold 96,722 shares for $11.75 per share. The transaction valued at 1,136,099 led to the insider holds 28,450 shares of the business.

Scarpino Nicholas Anthony bought 96,722 shares of PTLO for $1,135,931 on Aug 15 ’24. On Aug 09 ’24, another insider, Osanloo Michael, who serves as the President & CEO of the company, sold 66,052 shares for $10.29 each. As a result, the insider received 679,675 and left with 79,041 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 800858048 and an Enterprise Value of 1456499328. As of this moment, Portillos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.87, and their Forward P/E ratio for the next fiscal year is 35.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.14 while its Price-to-Book (P/B) ratio in mrq is 2.16. Its current Enterprise Value per Revenue stands at 2.074 whereas that against EBITDA is 17.477.

Stock Price History:

Over the past 52 weeks, PTLO has reached a high of $16.98, while it has fallen to a 52-week low of $8.66. The 50-Day Moving Average of the stock is 14.19%, while the 200-Day Moving Average is calculated to be 4.96%.

Shares Statistics:

Over the past 3-months, PTLO traded about 1.12M shares per day on average, while over the past 10 days, PTLO traded about 1026340 shares per day. A total of 55.50M shares are outstanding, with a floating share count of 55.00M. Insiders hold about 11.00% of the company’s shares, while institutions hold 79.11% stake in the company. Shares short for PTLO as of 1724976000 were 9670852 with a Short Ratio of 8.24, compared to 1722384000 on 8631162. Therefore, it implies a Short% of Shares Outstanding of 9670852 and a Short% of Float of 18.0.

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