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

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

Portillo’s (NASDAQ:PTLO) last announced its quarterly earnings results 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. The company had revenue of $187.86 million for the quarter, compared to analyst estimates of $184.95 million. Portillo’s had a net margin of 2.71% and a return on equity of 4.79%. Portillo’s’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same quarter last year, the business earned $0.08 EPS.

A number of other equities analysts have also weighed in on the stock. Stephens initiated coverage on shares of Portillo’s in a report on Friday, April 12th. They issued an “overweight” rating and a $20.00 price target on the stock. Morgan Stanley reduced their target price on shares of Portillo’s from $17.00 to $16.00 and set an “equal weight” rating on the stock in a report on Friday, April 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.43.

Portillo’s Stock Up 0.2 %

Shares of PTLO opened at $12.03 on Monday. The firm has a market cap of $877.83 million, a PE ratio of 38.81, a price-to-earnings-growth ratio of 1.58 and a beta of 1.85. The company’s fifty day moving average is $13.37 and its two-hundred day moving average is $14.38. Portillo’s has a fifty-two week low of $11.53 and a fifty-two week high of $23.99. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.62.

Hedge Funds Weigh In On Portillo’s

Several hedge funds and other institutional investors have recently made changes to their positions in PTLO. International Assets Investment Management LLC increased its stake in Portillo’s by 1,493.0% during the 4th quarter. International Assets Investment Management LLC now owns 1,593 shares of the company’s stock worth $25,000 after buying an additional 1,493 shares during the period. NBC Securities Inc. bought a new stake in shares of Portillo’s in the 3rd quarter worth about $35,000. DekaBank Deutsche Girozentrale bought a new stake in shares of Portillo’s in the 3rd quarter worth about $49,000. Assetmark Inc. increased its position in shares of Portillo’s by 28.6% in the 4th quarter. Assetmark Inc. now owns 3,222 shares of the company’s stock worth $51,000 after purchasing an additional 717 shares during the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of Portillo’s in the 4th quarter worth about $71,000. Institutional investors and hedge funds own 98.34% of the company’s stock.

Portillo’s Company Profile

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.