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

Portillo's Inc. (NASDAQ:PTLO - Free Report) - Equities research analysts at William Blair boosted their FY2025 earnings estimates for shares of Portillo's in a research note issued on Monday, April 1st. William Blair analyst S. Zackfia now forecasts that the company will post earnings per share of $0.50 for the year, up from their prior forecast of $0.49. The consensus estimate for Portillo's' current full-year earnings is $0.41 per share.

Portillo's Price Performance

Shares of NASDAQ:PTLO remained flat at $13.45 on Wednesday. 841,620 shares of the stock traded hands, compared to its average volume of 869,127. The stock's 50-day moving average is $13.76 and its 200-day moving average is $14.75. Portillo's has a 12-month low of $12.57 and a 12-month 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. The company has a market cap of $981.45 million, a price-to-earnings ratio of 43.39, a price-to-earnings-growth ratio of 1.67 and a beta of 1.85.

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

Insider Activity at Portillo's

In other Portillo's news, COO Derrick Lee Pratt sold 1,827 shares of Portillo's stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $14.94, for a total value of $27,295.38. Following the completion of the transaction, the chief operating officer now directly owns 23,599 shares of the company's stock, valued at $352,569.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 7.19% of the stock is currently owned by corporate insiders.

Institutional Trading of Portillo's

Several large investors have recently added to or reduced their stakes in PTLO. HighPoint Advisor Group LLC bought a new position in shares of Portillo's in the fourth quarter worth approximately $449,000. Vanguard Group Inc. lifted its holdings in shares of Portillo's by 3.9% in the fourth quarter. Vanguard Group Inc. now owns 4,701,659 shares of the company's stock worth $74,897,000 after buying an additional 178,625 shares in the last quarter. Harbour Investments Inc. raised its stake in Portillo's by 310.2% during the fourth quarter. Harbour Investments Inc. now owns 2,625 shares of the company's stock valued at $42,000 after purchasing an additional 1,985 shares in the last quarter. GTS Securities LLC raised its stake in Portillo's by 205.2% during the fourth quarter. GTS Securities LLC now owns 11,155 shares of the company's stock valued at $178,000 after purchasing an additional 21,755 shares in the last quarter. Finally, Barclays PLC raised its stake in Portillo's by 28.8% during the fourth quarter. Barclays PLC now owns 169,061 shares of the company's stock valued at $2,692,000 after purchasing an additional 37,851 shares in the last quarter. 98.34% of the stock is currently owned by institutional investors.

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.