Analysts Set Expectations for Portillo's FY2026 Earnings

Key Points

• William Blair has lowered its FY2026 earnings per share (EPS) estimate for Portillo's from $0.49 to $0.34, while maintaining an "Outperform" rating on the stock.
• Portillo's reported revenue of $188.46 million for its latest quarter, which was below analysts' expectations of $197.04 million, but marked a 3.6% increase from the previous year.
• Several analysts have reduced their target prices for Portillo's stock, with updates from Morgan Stanley and Stephens setting their targets at $10.00, while Bank of America has a buy rating with a target of $16.00.

Portillo's Inc. (NASDAQ:PTLO - Free Report) - Stock analysts at William Blair lowered their FY2026 earnings per share (EPS) estimates for Portillo's in a report issued on Tuesday, August 5th. William Blair analyst S. Zackfia now forecasts that the company will post earnings of $0.34 per share for the year, down from their prior estimate of $0.49. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Portillo's' current full-year earnings is $0.35 per share.

Portillo's (NASDAQ:PTLO - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. Portillo's had a return on equity of 6.25% and a net margin of 4.19%. The firm had revenue of $188.46 million for the quarter, compared to analysts' expectations of $197.04 million. During the same quarter in the previous year, the company earned $0.10 earnings per share. The firm's quarterly revenue was up 3.6% compared to the same quarter last year.

A number of other analysts have also issued reports on PTLO. Morgan Stanley reduced their target price on Portillo's from $12.00 to $10.00 and set an "equal weight" rating for the company in a report on Wednesday. Stephens dropped their target price on Portillo's from $13.00 to $10.00 and set an "equal weight" rating on the stock in a report on Friday. Bank of America decreased their price target on shares of Portillo's from $19.00 to $16.00 and set a "buy" rating for the company in a report on Friday, July 18th. Piper Sandler cut their target price on shares of Portillo's from $17.00 to $13.00 and set an "overweight" rating for the company in a research report on Wednesday, May 7th. Finally, Robert W. Baird set a $8.00 target price on shares of Portillo's in a research note on Tuesday. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $12.50.

Portillo's Trading Down 5.6%

Shares of Portillo's stock traded down $0.44 during trading on Friday, hitting $7.29. The stock had a trading volume of 1,655,924 shares, compared to its average volume of 2,047,034. The company has a quick ratio of 0.21, a current ratio of 0.29 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $545.03 million, a PE ratio of 16.18, a P/E/G ratio of 5.22 and a beta of 1.81. Portillo's has a 1 year low of $7.20 and a 1 year high of $15.78. The stock has a 50 day simple moving average of $11.12 and a 200 day simple moving average of $12.08.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Alliancebernstein L.P. boosted its position in Portillo's by 10,963.2% during the first quarter. Alliancebernstein L.P. now owns 4,947,461 shares of the company's stock worth $58,825,000 after purchasing an additional 4,902,741 shares during the period. Fred Alger Management LLC bought a new stake in shares of Portillo's during the 1st quarter worth $17,489,000. Ameriprise Financial Inc. boosted its holdings in shares of Portillo's by 53.6% during the 1st quarter. Ameriprise Financial Inc. now owns 3,413,669 shares of the company's stock worth $40,590,000 after buying an additional 1,191,443 shares during the period. Select Equity Group L.P. grew its stake in Portillo's by 675.1% in the 1st quarter. Select Equity Group L.P. now owns 1,070,774 shares of the company's stock valued at $12,732,000 after buying an additional 932,624 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Portillo's by 139.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,102,103 shares of the company's stock worth $10,360,000 after acquiring an additional 641,273 shares during the period. Institutional investors and hedge funds own 98.34% of the company's stock.

Insider Activity

In other Portillo's news, Director Berkshire Partners Llc sold 10,000,000 shares of the firm's stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $12.23, for a total transaction of $122,300,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 6.14% 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.

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