Portillo’s (NASDAQ:PTLO) Releases Earnings Results, Beats Estimates By $0.15 EPS

Portillo’s (NASDAQ:PTLO) announced its earnings results on Tuesday. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.15, Briefing.com reports. Portillo’s had a return on equity of 5.62% and a net margin of 3.65%. The company had revenue of $184.61 million for the quarter, compared to analysts’ expectations of $185.16 million. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Portillo’s’s quarterly revenue was down 1.7% on a year-over-year basis. Portillo’s updated its FY 2025 guidance to EPS.

Portillo’s Stock Performance

NASDAQ PTLO opened at $14.96 on Tuesday. Portillo’s has a 52-week low of $8.38 and a 52-week high of $16.17. The company has a fifty day moving average of $11.93 and a 200-day moving average of $12.02. The company has a market capitalization of $1.11 billion, a P/E ratio of 35.43, a P/E/G ratio of 14.77 and a beta of 1.82. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.31 and a current ratio of 0.38.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Stephens restated an “equal weight” rating and issued a $13.00 price objective on shares of Portillo’s in a research note on Wednesday, November 6th. UBS Group decreased their price objective on Portillo’s from $14.00 to $11.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Morgan Stanley lowered their price objective on Portillo’s from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus upgraded shares of Portillo’s from a “hold” rating to a “buy” rating and increased their target price for the stock from $13.00 to $16.00 in a research report on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.00.

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.