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

Portillo’s Inc. (NASDAQ:PTLO) – William Blair lowered their FY2025 EPS estimates for Portillo’s in a research note issued 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 previous estimate of $0.50. The consensus estimate for Portillo’s’ current full-year earnings is $0.40 per share.

Portillo’s (NASDAQ:PTLO) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.08. Portillo’s had a net margin of 2.71% and a return on equity of 4.79%. The company had revenue of $187.86 million during the quarter, compared to the consensus estimate of $184.95 million. During the same period last year, the firm earned $0.08 EPS. The firm’s revenue for the quarter was up 24.5% compared to the same quarter last year.

Several other equities analysts also recently commented on the company. Stephens assumed coverage on Portillo’s in a research report on Friday, April 12th. They set an “overweight” rating and a $20.00 target price for the company. Morgan Stanley cut their price objective 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 equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.43.

Portillo’s Stock Up 1.5 %

Shares of PTLO opened at $12.21 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 cap of $890.96 million, a price-to-earnings ratio of 39.39, a P/E/G ratio of 1.58 and a beta of 1.85. The company has a 50-day moving average price of $13.33 and a two-hundred day moving average price of $14.37. The company has a quick ratio of 0.32, a current ratio of 0.40 and a debt-to-equity ratio of 0.62.

Institutional Trading of Portillo’s

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. grew its holdings in Portillo’s by 28.6% during the 4th quarter. Assetmark Inc. now owns 3,222 shares of the company’s stock worth $51,000 after acquiring an additional 717 shares during the last quarter. State Board of Administration of Florida Retirement System lifted its position in shares of Portillo’s by 7.3% during the third quarter. State Board of Administration of Florida Retirement System now owns 12,940 shares of the company’s stock worth $199,000 after purchasing an additional 880 shares in the last quarter. Raymond James & Associates grew its stake in shares of Portillo’s by 13.6% during the third quarter. Raymond James & Associates now owns 12,291 shares of the company’s stock valued at $189,000 after purchasing an additional 1,475 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Portillo’s by 1,493.0% in the fourth quarter. International Assets Investment Management LLC now owns 1,593 shares of the company’s stock valued at $25,000 after purchasing an additional 1,493 shares in the last quarter. Finally, Y.D. More Investments Ltd increased its holdings in shares of Portillo’s by 31.6% in the fourth quarter. Y.D. More Investments Ltd now owns 6,250 shares of the company’s stock valued at $100,000 after purchasing an additional 1,500 shares in the last quarter. 98.34% of the stock is currently owned by institutional investors and hedge funds.

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.