Portillo's Inc. (PTLO)

NASDAQ: PTLO · IEX Real-Time Price · USD
17.72
-0.15 (-0.84%)
At close: Dec 7, 2022 4:00 PM
17.96
+0.24 (1.35%)
After-hours: Dec 7, 2022 7:14 PM EST
-0.84%
Market Cap 863.17M
Revenue (ttm) 534.95M
Net Income (ttm) -34.59M
Shares Out 38.90M
EPS (ttm) -1.52
PE Ratio n/a
Forward PE 60.24
Dividend n/a
Ex-Dividend Date n/a
Volume 636,852
Open 17.79
Previous Close 17.87
Day's Range 17.57 - 18.03
52-Week Range 14.84 - 41.9
Beta n/a
Analysts Buy
Price Target 29.58 (+66.9%)
Earnings Date Nov 3, 2022

About PTLO

Portillo's Inc. owns and operates fast casual and quick service restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and milkshakes. As of June 26, 2022, it owned and operated 71 Portillo's restaurants across nine states. The company also offers its products through its website. Portillo's Inc. was founded in 1963 and is based in Oak Brook, Illinois. [Read more]

Industry Restaurants
IPO Date Oct 21, 2021
CEO Michael Osanloo
Employees 2,021
Stock Exchange NASDAQ
Ticker Symbol PTLO
Full Company Profile

Financial Performance

In 2021, Portillo's's revenue was $534.95 million, an increase of 17.45% compared to the previous year's $455.47 million. Losses were -$15.18 million, 83.8% more than in 2020.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for PTLO stock is "Buy." The 12-month stock price forecast is 29.58, which is an increase of 66.93% from the latest price.

Price Target
$29.58
(66.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3 Growth Stocks That Could 5x in 2023

These stocks are cheap or have huge potential or both.

Other symbols: GLBERVLV
4 days ago - The Motley Fool

Portillo's Inc. to Participate in Upcoming Investor Conferences

CHICAGO, Dec. 01, 2022 (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 the Compa...

6 days ago - GlobeNewsWire

Why Portillo's Stock Got Raked Over the Coals Tuesday Morning -- and What Investors Got Wrong

This secondary stock offering isn't what investors think.

3 weeks ago - The Motley Fool

Portillo's Helps Make the Holidays Festive and Delicious with Gifts for the Whole Family – Including Limited-Edition ...

Following an overwhelming response to the Company's “Rockin' Crocs Giveaway” earlier this year, Portillo's fans can purchase a pair of the coveted footwear alongside an array of other festive merchandis...

3 weeks ago - GlobeNewsWire

Portillo's Inc. Announces Pricing of Offering of Class A Common Stock in “Synthetic Secondary” Transaction

CHICAGO, Nov. 15, 2022 (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 announc...

3 weeks ago - GlobeNewsWire

Portillo's Inc. Announces Offering of Class A Common Stock in “Synthetic Secondary” Transaction

CHICAGO, Nov. 14, 2022 (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 announc...

3 weeks ago - GlobeNewsWire

Portillo's CEO details ‘slow but steady' restaurant growth

This segment originally aired on November 9, 2022. Portillo's CEO Michael Osanloo joins Yahoo Finance Live anchors Brad Smith and Brian Sozzi to discuss restaurant expansion, hiring, the key to maintain...

3 weeks ago - Yahoo Finance

Could This Restaurant Stock Be the Next Chipotle?

A combination of die-hard fans, dedicated employees, and strong financial results could propel this eatery to stardom.

3 weeks ago - The Motley Fool

Portillo's CEO on the company's pricing strategy

Cramer spoke with Portillo's CEO Michael Osanloo on Tuesday.

4 weeks ago - CNBC Television

Portillo's Inc. (PTLO) Surpasses Q3 Earnings and Revenue Estimates

Portillo's Inc. (PTLO) delivered earnings and revenue surprises of 33.33% and 1.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Portillo's Named A 2022 Best Brand to Work For by QSR Magazine

CHICAGO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Portillo's (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of unrivaled Chicago street food, today announced that it has been named to QS...

1 month ago - GlobeNewsWire

Portillo's Inc. Announces Third Quarter 2022 Financial Results

CHICAGO, Nov. 03, 2022 (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 reporte...

1 month ago - GlobeNewsWire

Portillo's Inc. (PTLO) Earnings Expected to Grow: Should You Buy?

Portillo's Inc. (PTLO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Wall Street Analysts Believe Portillo's Inc. (PTLO) Could Rally 82%: Here's is How to Trade

The mean of analysts' price targets for Portillo's Inc. (PTLO) points to an 81.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among a...

1 month ago - Zacks Investment Research

Chicago's Iconic Lou Malnati's And Portillo's Team Up For A Pizza Available Exclusively Online

Lou Malnati's and Portillo's are offering the limited-time Italian Beef Deep Dish Pizza exclusively through the Tastes of Chicago website. The site enables the brands to expand their presence nationwide...

2 months ago - Forbes

Portillo's Inc. to Announce Third Quarter 2022 Results on Thursday, November 3, 2022

OAK BROOK, Ill., Oct. 03, 2022 (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 i...

2 months ago - GlobeNewsWire

Portillo's Inc. Announces Partial Exercise and Closing of Underwriters' Over-Allotment Option in Previously-Disclosed...

OAK BROOK, Ill., Sept. 13, 2022 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the p...

2 months ago - GlobeNewsWire

Portillo's Appoints Mike Ellis As Chief Development Officer

Esteemed industry veteran brings 30 years of restaurant development experience to the Chicagoland fast-casual favorite Esteemed industry veteran brings 30 years of restaurant development experience to t...

3 months ago - GlobeNewsWire

Portillo's Inc. Announces Pricing of Public Follow-on Offering of 8,000,000 Shares of Class A Common Stock in “Synthe...

CHICAGO, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the pricing of...

3 months ago - GlobeNewsWire

Portillo's Inc. Announces Launch of Proposed Public Follow-on Offering of Common Stock in “Synthetic Secondary” Trans...

CHICAGO, Aug. 08, 2022 (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 it will c...

3 months ago - GlobeNewsWire

Inflation: We don't want our customers 'to feel the pinch as badly', Portillo's CEO says

Portillo's CEO Michael Osanloo joins Yahoo Finance Live to explain how inflation has impacted sales and unintended effects on their customers, which they are trying to minimize.

4 months ago - Yahoo Finance

Portillo's Inc. Announces Second Quarter 2022 Financial Results

CHICAGO, Aug. 04, 2022 (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 reporte...

4 months ago - GlobeNewsWire

4 Restaurant Stocks to Buy on Soaring Sales

The restaurant industry is facing several challenges but sales are still on the rise, helping stocks like Arcos Dorados Holdings (ARCO), Portillo's Inc. (PTLO), Kura Sushi USA (KRUS), Yum China Holdings...

Other symbols: ARCOKRUSYUMC
4 months ago - Zacks Investment Research

3 Restaurant Stocks to Bet on Despite Industry Headwinds

Restaurant stocks like ARCO, PTLO and PBPB are likely to benefit from sturdy off-premise sales, sales-building initiatives and digital initiatives.

Other symbols: ARCOPBPB
4 months ago - Zacks Investment Research

Wall Street Analysts Believe Portillo's Inc. (PTLO) Could Rally 75%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 75% in Portillo's Inc. (PTLO). While the effectiveness of this highly sought-after metric is questionable, the po...

4 months ago - Zacks Investment Research