Q2 Earnings Forecast for Portillo's Issued By William Blair

Portillo's Inc. (NASDAQ:PTLO - Free Report) - William Blair lowered their Q2 2025 earnings estimates for shares of Portillo's in a note issued to investors on Tuesday, April 22nd. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of $0.13 for the quarter, down from their previous estimate of $0.14. The consensus estimate for Portillo's' current full-year earnings is $0.35 per share. William Blair also issued estimates for Portillo's' FY2025 earnings at $0.38 EPS.

Portillo's (NASDAQ:PTLO - Get Free Report) last released its earnings results on Tuesday, February 25th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.15. The business had revenue of $184.61 million for the quarter, compared to analyst estimates of $185.16 million. Portillo's had a return on equity of 5.62% and a net margin of 3.65%. Portillo's's revenue was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.13 earnings per share.

A number of other equities analysts also recently weighed in on PTLO. Robert W. Baird reissued a "neutral" rating and set a $12.00 price target (down previously from $15.00) on shares of Portillo's in a research report on Monday, April 7th. Baird R W lowered Portillo's from a "strong-buy" rating to a "hold" rating in a report on Monday, April 7th. Stifel Nicolaus raised their price target on Portillo's from $16.00 to $17.00 and gave the company a "buy" rating in a report on Friday, February 28th. Morgan Stanley set a $12.00 price objective on shares of Portillo's in a report on Monday, April 14th. Finally, Stephens raised their target price on shares of Portillo's from $13.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 26th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $13.71.

Portillo's Stock Performance

PTLO stock traded down $0.12 during trading hours on Friday, reaching $10.29. The stock had a trading volume of 410,158 shares, compared to its average volume of 1,376,394. The stock has a market capitalization of $767.66 million, a PE ratio of 24.50, a price-to-earnings-growth ratio of 14.77 and a beta of 1.82. The stock has a 50-day simple moving average of $12.30 and a 200 day simple moving average of $11.98. Portillo's has a fifty-two week low of $8.38 and a fifty-two week high of $15.78. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.38 and a quick ratio of 0.31.

Hedge Funds Weigh In On Portillo's

Hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. acquired a new position in shares of Portillo's during the 1st quarter worth approximately $1,170,000. Principal Financial Group Inc. acquired a new stake in Portillo's during the first quarter worth about $1,445,000. North Star Investment Management Corp. increased its holdings in Portillo's by 137.6% in the 1st quarter. North Star Investment Management Corp. now owns 3,517 shares of the company's stock valued at $42,000 after buying an additional 2,037 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Portillo's by 41.9% during the 1st quarter. SG Americas Securities LLC now owns 59,679 shares of the company's stock worth $710,000 after acquiring an additional 17,629 shares during the period. Finally, Yarbrough Capital LLC acquired a new stake in shares of Portillo's during the 1st quarter worth approximately $318,000. 98.34% of the stock is owned by institutional investors.

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.