In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Portillos Inc (NASDAQ: PTLO) closed at $10.61 down -12.49% from its previous closing price of $12.12. In other words, the price has decreased by -$12.49 from its previous closing price. On the day, 5.54 million shares were traded. PTLO stock price reached its highest trading level at $11.89 during the session, while it also had its lowest trading level at $10.3301.
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 653168576 and an Enterprise Value of 1352459136. As of this moment, Portillos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.94, and their Forward P/E ratio for the next fiscal year is 22.75. 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 0.96 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 1.989 whereas that against EBITDA is 17.132.
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 -19.46%, while the 200-Day Moving Average is calculated to be -31.06%.
Shares Statistics:
For the past three months, PTLO has traded an average of 948.14K shares per day and 935480 over the past ten days. A total of 61.55M shares are outstanding, with a floating share count of 56.05M. Insiders hold about 8.95% of the company’s shares, while institutions hold 64.35% stake in the company. Shares short for PTLO as of 1713139200 were 5456242 with a Short Ratio of 5.75, compared to 1710460800 on 4247658. Therefore, it implies a Short% of Shares Outstanding of 5456242 and a Short% of Float of 10.2.
