Portillo’s (NASDAQ:PTLO) Releases Earnings Results, Beats Expectations 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 analysts’ consensus estimates of $0.02 by $0.15, Briefing.com reports. Portillo’s had a net margin of 3.65% and a return on equity of 5.62%. The company had revenue of $184.61 million during the quarter, compared to analysts’ expectations of $185.16 million. During the same quarter in the previous year, the business posted $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 $14.90 on Wednesday. The firm’s 50 day simple moving average is $12.05 and its 200 day simple moving average is $12.05. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 35.48, a P/E/G ratio of 14.77 and a beta of 1.81. The company has a current ratio of 0.38, a quick ratio of 0.31 and a debt-to-equity ratio of 0.58. Portillo’s has a 1 year low of $8.38 and a 1 year high of $16.17.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PTLO. Stifel Nicolaus raised shares of Portillo’s from a “hold” rating to a “buy” rating and boosted their price objective for the company from $13.00 to $16.00 in a report on Monday, January 27th. UBS Group dropped their price target on shares of Portillo’s from $14.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, January 7th. Stephens increased their price target on Portillo’s from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, 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. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Portillo’s has an average rating of “Moderate Buy” and an average target price of $14.14.

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.