FY2025 Earnings Forecast for Portillo’s Inc. (NASDAQ:PTLO) Issued By William Blair

Portillo’s Inc. (NASDAQ:PTLO) – Analysts at William Blair dropped their FY2025 earnings per share (EPS) estimates for Portillo’s in a report issued on Wednesday, April 24th. William Blair analyst S. Zackfia now expects that the company will post earnings per share of $0.49 for the year, down from their previous forecast of $0.50. The consensus estimate for Portillo’s’ current full-year earnings is $0.40 per share.

Several other research analysts have also recently commented on PTLO. Stephens initiated coverage on Portillo’s in a research note on Friday, April 12th. They set an “overweight” rating and a $20.00 target price for the company. Morgan Stanley reduced their target price on Portillo’s from $17.00 to $16.00 and set an “equal weight” rating for the company in a report on Friday, April 12th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.43.

Portillo’s Trading Up 0.2 %

PTLO opened at $12.03 on Monday. Portillo’s has a 12 month low of $11.53 and a 12 month high of $23.99. The stock has a market capitalization of $877.83 million, a price-to-earnings ratio of 38.81, a PEG ratio of 1.58 and a beta of 1.85. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.40 and a quick ratio of 0.32. The business has a fifty day moving average price of $13.37 and a 200 day moving average price of $14.38.

Portillo’s (NASDAQ:PTLO) last issued its quarterly earnings data on Tuesday, February 27th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.08. Portillo’s had a return on equity of 4.79% and a net margin of 2.71%. The business had revenue of $187.86 million during the quarter, compared to analysts’ expectations of $184.95 million. During the same period in the previous year, the firm posted $0.08 earnings per share. The company’s revenue was up 24.5% on a year-over-year basis.

Hedge Funds Weigh In On Portillo’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Portillo’s by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,523,034 shares of the company’s stock worth $69,609,000 after purchasing an additional 57,451 shares during the period. Blair William & Co. IL grew its holdings in shares of Portillo’s by 10.7% in the 3rd quarter. Blair William & Co. IL now owns 2,495,995 shares of the company’s stock worth $38,413,000 after acquiring an additional 241,069 shares during the period. Granahan Investment Management LLC grew its holdings in shares of Portillo’s by 33.8% in the 4th quarter. Granahan Investment Management LLC now owns 1,324,465 shares of the company’s stock worth $21,099,000 after acquiring an additional 334,731 shares during the period. Kornitzer Capital Management Inc. KS grew its holdings in shares of Portillo’s by 2.2% in the 4th quarter. Kornitzer Capital Management Inc. KS now owns 627,555 shares of the company’s stock worth $9,997,000 after acquiring an additional 13,325 shares during the period. Finally, Sirios Capital Management L P grew its holdings in shares of Portillo’s by 4.6% in the 4th quarter. Sirios Capital Management L P now owns 469,229 shares of the company’s stock worth $7,475,000 after acquiring an additional 20,761 shares during the period. Institutional investors and hedge funds own 98.34% of the company’s stock.

About Portillo’s

Portillo's Inc owns and operates fast casual restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and chocolate cake shake. It offers its products through its website, application, and certain third-party platforms.