Portillo’s (PTLO) Projected to Post Quarterly Earnings on Tuesday

Portillo’s (NASDAQ:PTLO) is expected to be releasing its earnings data before the market opens on Tuesday, February 25th. Analysts expect Portillo’s to post earnings of $0.02 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Portillo’s Stock Down 2.0 %

Shares of NASDAQ PTLO opened at $15.08 on Tuesday. The company has a quick ratio of 0.31, a current ratio of 0.38 and a debt-to-equity ratio of 0.58. The firm has a market cap of $1.12 billion, a PE ratio of 35.90, a P/E/G ratio of 15.06 and a beta of 1.82. The company’s fifty day simple moving average is $11.48 and its 200 day simple moving average is $11.86. Portillo’s has a 12-month low of $8.38 and a 12-month high of $16.17.

Wall Street Analyst Weigh In

PTLO has been the subject of a number of research analyst reports. Stephens reaffirmed an “equal weight” rating and issued a $13.00 target price on shares of Portillo’s in a research report on Wednesday, November 6th. Morgan Stanley decreased their price objective on Portillo’s from $15.00 to $13.00 and set an “equal weight” rating for the company in a report on Tuesday, January 21st. UBS Group reduced their target price on shares of Portillo’s from $14.00 to $11.00 and set a “neutral” rating for the company in a research note on Tuesday, January 7th. Finally, Stifel Nicolaus upgraded Portillo’s from a “hold” rating to a “buy” rating and boosted their target price for the stock from $13.00 to $16.00 in a research note on Monday, January 27th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company 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.