William Blair Has Pessimistic View of Portillo's Q3 Earnings

Key Points

• William Blair has reduced its Q3 2025 earnings estimates for Portillo's to $0.03 per share, down from a previous estimate of $0.07 per share, while maintaining an "Outperform" rating.
• The consensus estimate for Portillo's full-year earnings currently stands at $0.35 per share, and the company has set its FY 2025 guidance at $0.25 EPS.
• Insiders have recently purchased a total of 210,570 shares of Portillo's stock, reflecting increased confidence in the company's performance, particularly after the CFO acquired 40,000 shares at about $7.67 each.

Portillo's Inc. (NASDAQ:PTLO - Free Report) - Research analysts at William Blair dropped their Q3 2025 earnings per share (EPS) estimates for Portillo's in a report issued on Wednesday, September 10th. William Blair analyst S. Zackfia now anticipates that the company will post earnings per share of $0.03 for the quarter, down from their previous forecast of $0.07. 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 $0.05 EPS, FY2025 earnings at $0.25 EPS and FY2026 earnings at $0.27 EPS.

Portillo's (NASDAQ:PTLO - Get Free Report) last posted 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. 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 analyst estimates of $197.04 million. During the same quarter in the prior year, the company earned $0.10 EPS. Portillo's's revenue was up 3.6% on a year-over-year basis. Portillo's has set its FY 2025 guidance at EPS.

PTLO has been the topic of several other reports. Robert W. Baird cut their target price on shares of Portillo's from $8.00 to $7.00 and set a "neutral" rating on the stock in a research note on Thursday, September 11th. Stephens set a $10.00 price objective on Portillo's in a research report on Wednesday, September 10th. UBS Group reduced their price objective on Portillo's from $9.00 to $7.50 and set a "neutral" rating on the stock in a research note on Monday. Wall Street Zen lowered shares of Portillo's from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, Guggenheim reduced their price objective on shares of Portillo's from $18.00 to $17.00 and set a "buy" rating for the company in a research report on Tuesday, July 8th. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $12.19.

Portillo's Stock Up 1.4%

Shares of PTLO traded up $0.09 during mid-day trading on Thursday, hitting $6.15. 1,289,210 shares of the company's stock were exchanged, compared to its average volume of 2,295,889. The stock's 50-day moving average is $8.58 and its 200-day moving average is $10.72. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.23 and a current ratio of 0.29. Portillo's has a fifty-two week low of $6.00 and a fifty-two week high of $15.78. The company has a market cap of $463.03 million, a price-to-earnings ratio of 13.66, a P/E/G ratio of 4.69 and a beta of 1.79.

Institutional Trading of Portillo's

Several hedge funds and other institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its stake in shares of Portillo's by 135.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,596 shares of the company's stock worth $30,000 after purchasing an additional 1,495 shares during the period. Allworth Financial LP acquired a new position in Portillo's in the second quarter valued at $32,000. CWM LLC lifted its position in Portillo's by 58.3% during the first quarter. CWM LLC now owns 3,194 shares of the company's stock worth $38,000 after buying an additional 1,176 shares during the period. North Star Investment Management Corp. lifted its position in Portillo's by 137.6% during the first quarter. North Star Investment Management Corp. now owns 3,517 shares of the company's stock worth $42,000 after buying an additional 2,037 shares during the period. Finally, Comerica Bank boosted its stake in Portillo's by 172.6% in the 4th quarter. Comerica Bank now owns 5,395 shares of the company's stock worth $51,000 after buying an additional 3,416 shares during the last quarter. 98.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Portillo's

In other Portillo's news, CEO Michael Osanloo purchased 11,320 shares of Portillo's stock in a transaction on Friday, August 8th. The shares were bought at an average price of $7.42 per share, with a total value of $83,994.40. Following the completion of the acquisition, the chief executive officer directly owned 63,317 shares of the company's stock, valued at approximately $469,812.14. This trade represents a 21.77% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Kelly M. Kaiser bought 27,000 shares of Portillo's stock in a transaction that occurred on Thursday, August 7th. The stock was bought at an average cost of $7.68 per share, for a total transaction of $207,360.00. Following the purchase, the general counsel owned 68,495 shares in the company, valued at $526,041.60. This represents a 65.07% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 210,570 shares of company stock valued at $1,614,474 over the last 90 days. 6.14% of the stock is currently owned by corporate insiders.

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.