Portillo's Inc. (PTLO)
Market Cap | 642.76M |
Revenue (ttm) | 713.80M |
Net Income (ttm) | 26.04M |
Shares Out | 74.22M |
EPS (ttm) | 0.42 |
PE Ratio | 20.79 |
Forward PE | 29.61 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,745,587 |
Open | 8.86 |
Previous Close | 8.98 |
Day's Range | 8.63 - 9.12 |
52-Week Range | 8.63 - 16.85 |
Beta | 1.69 |
Analysts | Buy |
Price Target | 14.00 (+61.66%) |
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]
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 StatementsAnalyst 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 61.66% from the latest price.
News
Portillo's: This High-Growth Fast-Casual Is Really Cheap Right Now
Portillo's is rapidly expanding, growing from 61 to over 90 locations since its 2021 IPO, focusing on the Sunbelt with cost-effective prototypes. Despite declining comparable sales, PTLO maintains str...
Tax Loss Selling Season: Four Oversold Stocks
Tax loss selling has created opportunities in overly discounted stocks like Dave & Buster's, Rexford Industrial Real Estate, Portillo's, and Caesar's Entertainment. Dave & Buster's shares have plummet...
Portillo's Appoints Tony Darden as Chief Operating Officer
Restaurant industry veteran brings three decades of operational expertise to support Portillo's national growth CHICAGO , Dec. 2, 2024 /PRNewswire/ -- Portillo's (NASDAQ: PTLO), the fast-casual restau...
Portillo's Inc. to Participate in Three Investor Conferences
OAK BROOK, Ill., Nov. 22, 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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...
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
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...
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...
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...
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 ...
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...