Portillo's Inc. (PTLO)

NASDAQ: PTLO · Real-Time Price · USD
10.63
-0.10 (-0.93%)
At close: Nov 20, 2024, 4:00 PM
10.65
+0.02 (0.19%)
Pre-market: Nov 21, 2024, 7:20 AM EST
-0.93%
Market Cap 788.98M
Revenue (ttm) 713.80M
Net Income (ttm) 26.04M
Shares Out 74.22M
EPS (ttm) 0.42
PE Ratio 25.52
Forward PE 36.34
Dividend n/a
Ex-Dividend Date n/a
Volume 1,112,028
Open 10.61
Previous Close 10.73
Day's Range 10.53 - 10.79
52-Week Range 8.66 - 16.92
Beta 1.79
Analysts Buy
Price Target 14.00 (+31.7%)
Earnings Date Nov 5, 2024

About PTLO

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. Portillo's Inc. was founded in 1963 and is based in Oak Brook, Illinois. [Read more]

Industry Restaurants
IPO Date Oct 21, 2021
Employees 8,180
Stock Exchange NASDAQ
Ticker Symbol PTLO
Full Company Profile

Financial Performance

In 2023, Portillo's's revenue was $679.91 million, an increase of 15.81% compared to the previous year's $587.10 million. Earnings were $18.42 million, an increase of 69.79%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PTLO stock is "Buy." The 12-month stock price forecast is $14.0, which is an increase of 31.70% from the latest price.

Price Target
$14.0
(31.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Portillo's Inc. (PTLO) Q3 2024 Earnings Call Transcript

Portillo's Inc. (NASDAQ:PTLO) Q3 2024 Earnings Conference Call November 5, 2024 10:00 AM ET Company Participants Kyle Nelsen – Vice President, Investor Relations Michael Osanloo – President and Chief...

15 days ago - Seeking Alpha

Portillo's Inc. Announces Third Quarter 2024 Financial Results

CHICAGO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (NASDAQ: PTLO), the restaurant concept known for its menu of Chicago-style favorites, today reported financia...

16 days ago - GlobeNewsWire

Portillo's: Bank On This Turnaround As Hot Dog Chain Goes Nationwide

I recommend buying Portillo's stock due to its potential for a turnaround, driven by strategic expansion and improved margins despite recent poor performance. Portillo's plans to build out smaller sto...

5 weeks ago - Seeking Alpha

Portillo's Inc. to Announce Third Quarter 2024 Results on Tuesday, November 5, 2024

OAK BROOK, Ill., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that...

6 weeks ago - GlobeNewsWire

A Match Made in Chocolate (Cake) Heaven: Portillo's Teams Up with America's Favorite Bakery, Milk Bar, to Create the Ultimate Chocolate Cake Cookie

Available for a limited time, the irresistibly rich Portillo's Chocolate Cake Cookie gives fans of the iconic chocolate cake the chance to savor its decadence in a legendary limited-time Milk Bar cook...

6 weeks ago - GlobeNewsWire

Portillo's: A Hidden Gem Investment In The Fast-Casual Restaurant Industry

Portillo's, a Midwest-based restaurant chain, is expanding nationally with a focus on regions with favorable demographics, particularly the Sunbelt. The company boasts high Average Unit Volumes and pr...

6 weeks ago - Seeking Alpha

Portillo's: Activist Involvement Should Improve Expansion Efforts

Portillo's stock has performed poorly after the 2021 IPO as the significant, healthily performing expansion efforts have been capital heavy, causing high debt and dilution. Activist investor firm Enga...

2 months ago - Seeking Alpha

Portillo's Inc. to Participate in September Investor Conference

OAK BROOK, Ill., Aug. 30, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (Nasdaq: PTLO) (“Portillo's” or the “Company”), the fast-casual restaurant concept known for its menu of Chicago-style favorites, tod...

2 months ago - GlobeNewsWire

Are You Salty, Spiced or Sweet? Portillo's New Salted Caramel Spice Cake Has it All

Portillo's debuts first new cake flavor in 20 years – the Salted Caramel Spice Cake – to menus nationwide just in time for “Spice-tember” Portillo's debuts first new cake flavor in 20 years – the Salt...

3 months ago - GlobeNewsWire

Engaged Capital might have the recipe to build value for shareholders at Portillo's

The restaurant chain, famed for its chocolate cake shakes and hot dogs, could be poised for a turnaround now that Engaged Capital is in the mix.

3 months ago - CNBC

Activist Engaged Capital has big stake in Portillo's, pushes for a turnaround, sources say

Activist investor Engaged Capital has built a big stake in struggling Chicago food chain Portillo's and is pushing management to make changes to how the business grows and runs, said people familiar w...

3 months ago - CNBC

Portillo's Serves Up Tradition with a Side of Tech: Chicago Icon Pilots Self-Service Kiosks

Strategic Kiosk Rollout, in Partnership with Bite, Will Facilitate Faster Ordering, Shorter Lines, and Visual Menu Exploration to Enhance Guest,Team Member Experience CHICAGO , Aug. 6, 2024 /PRNewswir...

3 months ago - PRNewsWire

Portillo's Inc. to Announce Second Quarter 2024 Results on Tuesday, August 6, 2024

OAK BROOK, Ill. , July 10, 2024 /PRNewswire/ -- Portillo's Inc. ("Portillo's") (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that it...

4 months ago - PRNewsWire

Portillo's: Buying The Beef And The Stock

Portillo's shares have dropped 40% year to date after a disappointing Q1 earnings report. Portillo's has the potential for improvement in operational performance through improved store configuration a...

5 months ago - Seeking Alpha

Portillo's Inc. to Participate in June Investor Conferences

OAK BROOK, Ill., May 29, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (Nasdaq: PTLO) (“Portillo's” or the “Company”), the fast-casual restaurant concept known for its menu of Chicago-style favorites, toda...

6 months ago - GlobeNewsWire

The Beef Is Back: Portillo's and Lou Malnati's Reunite for a Chi-Conic Italian Beef Deep Dish Pizza Three-Peat in Honor of National Italian Beef Week

Chicago Legends Collaborate for the Third Year in a Row on Legendary Italian Beef Deep Dish Pizza, Exclusively Available on TastesofChicago.com

6 months ago - GlobeNewsWire

Portillo's: Great Promise Of Growth, High Debts And A Lot Of Speculation

Portillo's growth strategy has been a focal point of discussion, particularly its ambitious expansion plans aimed at the Sunbelt region, known for its vibrant fast-casual and casual dining scene. In a...

6 months ago - Seeking Alpha

Portillo's Inc. (PTLO) Q1 2024 Earnings Call Transcript

Portillo's Inc. (NASDAQ:PTLO) Q1 2024 Results Conference Call May 7, 2024 10:00 AM ET Company Participants Barbara Noverini - Director, Investor Relations Michael Osanloo - President & Chief Executiv...

7 months ago - Seeking Alpha

Portillo's Inc. Announces First Quarter 2024 Financial Results

CHICAGO, May 07, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today report...

7 months ago - GlobeNewsWire

Portillo's Strengthens Leadership Team with first Chief Information Officer and Chief Marketing Officer Appointments

Restaurant industry veteran Keith Correia named CIO, Nick Scarpino promoted to CMO as brand furthers growth strategy Restaurant industry veteran Keith Correia named CIO, Nick Scarpino promoted to CMO ...

7 months ago - GlobeNewsWire

Portillo's Inc. to Announce First Quarter 2024 Results on Tuesday, May 7, 2024

OAK BROOK, Ill., April 12, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced tha...

7 months ago - GlobeNewsWire

Party With Portillo's This Prom Season

This prom season, Portillo's invites high schoolers (and their families) to gear up for the most unforgettable night of the year with a special meal-for-two, promposal sweepstakes and delicious post-d...

8 months ago - GlobeNewsWire

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8 months ago - Seeking Alpha

Portillo's ‘Mixes It Up' With Two New Salads Chock Full of Windy City Style

Portillo's freshens up its signature salad lineup and introduces Guests to its newest made-to-order salad innovations –the Spicy Chicken Chopped Salad and Chicken Pecan Salad with Bacon Portillo's fre...

8 months ago - GlobeNewsWire

Portillo's: Delicious Food, Tasty Valuation

Portillo's has a long runway to keep expanding its restaurant base for the foreseeable future, aiming to reach 900 locations domestically. The company is at the beginning stages of expanding its opera...

8 months ago - Seeking Alpha