William Blair Has Negative Outlook of Portillo's Q3 Earnings

Key Points

• William Blair has revised its Q3 2025 earnings per share estimate for Portillo's down to $0.07, from $0.10, while maintaining an "Outperform" rating.
• The consensus estimate for Portillo's full-year earnings is $0.35 per share, and the company has seen multiple research reports lowering price targets for its stock.
• Portillo's stock opened at $7.56, with a fifty-two week range between $7.20 and $15.78, and over 98% of its stock is owned by institutional investors and hedge funds.

Portillo's Inc. (NASDAQ:PTLO - Free Report) - Equities research analysts at William Blair reduced their Q3 2025 earnings estimates for shares of Portillo's in a research report issued on Tuesday, August 5th. William Blair analyst S. Zackfia now forecasts that the company will earn $0.07 per share for the quarter, down from their prior forecast of $0.10. 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. William Blair also issued estimates for Portillo's' Q4 2025 earnings at $0.08 EPS and FY2025 earnings at $0.32 EPS.

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

PTLO has been the topic of several other reports. Piper Sandler reduced their target price on Portillo's from $17.00 to $13.00 and set an "overweight" rating on the stock in a report on Wednesday, May 7th. Wall Street Zen lowered Portillo's from a "hold" rating to a "sell" rating in a research note on Saturday. Guggenheim reduced their price objective on Portillo's from $18.00 to $17.00 and set a "buy" rating on the stock in a research note on Tuesday, July 8th. Morgan Stanley cut their price target on Portillo's from $12.00 to $10.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 6th. Finally, UBS Group lowered their price objective on Portillo's from $12.00 to $9.00 and set a "neutral" rating for the company in a research report on Wednesday, August 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $12.50.

Portillo's Price Performance

Shares of PTLO traded up $0.46 during trading hours on Thursday, hitting $7.88. 2,062,340 shares of the company were exchanged, compared to its average volume of 2,074,167. The company has a market cap of $589.54 million, a price-to-earnings ratio of 17.52, a P/E/G ratio of 5.12 and a beta of 1.81. Portillo's has a fifty-two week low of $7.20 and a fifty-two week high of $15.78. The company has a quick ratio of 0.23, a current ratio of 0.29 and a debt-to-equity ratio of 0.49. The firm's fifty day moving average is $11.02 and its 200 day moving average is $12.05.

Insiders Place Their Bets

In related news, Director Eugene I. Lee, Jr. purchased 130,250 shares of the firm's stock in a transaction that occurred on Thursday, August 7th. The stock was acquired at an average price of $7.68 per share, for a total transaction of $1,000,320.00. Following the completion of the acquisition, the director owned 130,250 shares of the company's stock, valued at $1,000,320. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Berkshire Partners Llc sold 10,000,000 shares of the company's stock in a transaction on Monday, May 19th. The stock was sold at an average price of $12.23, for a total value of $122,300,000.00. The disclosure for this sale can be found here. In the last three months, insiders have acquired 197,250 shares of company stock valued at $1,514,480. Company insiders own 6.14% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PTLO. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Portillo's during the 2nd quarter valued at $1,023,000. Cetera Investment Advisers purchased a new position in shares of Portillo's during the 2nd quarter valued at $145,000. Police & Firemen s Retirement System of New Jersey lifted its holdings in Portillo's by 18.7% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 13,003 shares of the company's stock worth $152,000 after purchasing an additional 2,051 shares in the last quarter. Bailard Inc. purchased a new stake in Portillo's during the 2nd quarter worth about $193,000. Finally, Geode Capital Management LLC lifted its holdings in Portillo's by 3.9% during the 2nd quarter. Geode Capital Management LLC now owns 1,400,892 shares of the company's stock worth $16,350,000 after purchasing an additional 52,875 shares in the last quarter. Hedge funds and other institutional investors 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.