In the past week, PTLO stock has gone down by -6.34%, with a monthly decline of -10.65% and a quarterly surge of 3.34%. The volatility ratio for the week is 6.29%, and the volatility levels for the last 30 days are 5.70% for Portillo’s Inc. The simple moving average for the last 20 days is -11.87% for PTLO stock, with a simple moving average of -6.50% for the last 200 days.
Is It Worth Investing in Portillo’s Inc. (NASDAQ: PTLO) Right Now?
The price-to-earnings ratio for Portillo’s Inc. (NASDAQ: PTLO) is above average at 75.93x, Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Portillo’s Inc. (PTLO) is $27.44, which is $8.79 above the current market price. The public float for PTLO is 38.75M, and currently, short sellers hold a 13.53% ratio of that floaft. The average trading volume of PTLO on March 16, 2023 was 758.96K shares.
PTLO) stock’s latest price update
Portillo’s Inc. (NASDAQ: PTLO)’s stock price has increased by 2.02 compared to its previous closing price of 18.83. However, the company has seen a -6.34% decrease in its stock price over the last five trading sessions. MarketWatch.com reported on 07/28/22 that What does FX’s acclaimed ‘The Bear’ really teach us? Skip Chicago’s overhyped deep dish for a beef and giardiniera.
Analysts’ Opinion of PTLO
In the past week, PTLO stock has gone down by -6.34%, with a monthly decline of -10.65% and a quarterly surge of 3.34%. The volatility ratio for the week is 6.29%, and the volatility levels for the last 30 days are 5.70% for Portillo’s Inc. The simple moving average for the last 20 days is -11.87% for PTLO stock, with a simple moving average of -6.50% for the last 200 days.
Analysts’ Opinion of PTLO
Deutsche Bank, on the other hand, stated in their research note that they expect to see PTLO reach a price target of $22. The rating they have provided for PTLO stocks is “Hold” according to the report published on September 29th, 2022.
Morgan Stanley gave a rating of “Equal-Weight” to PTLO, setting the target price at $19 in the report published on June 28th of the previous year.
PTLO Trading at -8.37% from the 50-Day Moving Average
After a stumble in the market that brought PTLO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.60% of loss for the given period.
Volatility was left at 5.70%, however, over the last 30 days, the volatility rate increased by 6.29%, as shares sank -16.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.71% upper at present.
During the last 5 trading sessions, PTLO fell by -6.34%, which changed the moving average for the period of 200-days by +4.74% in comparison to the 20-day moving average, which settled at $21.61. In addition, Portillo’s Inc. saw 17.71% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PTLO starting from Cook George Richard III, who sale 18,662 shares at the price of $18.95 back on Mar 10. After this action, Cook George Richard III now owns 9,907 shares of Portillo’s Inc., valued at $353,725 using the latest closing price.
Osanloo Michael, the President & CEO of Portillo’s Inc., purchase 1,262 shares at $18.17 during a trade that took place back on Nov 30, which means that Osanloo Michael is holding 169,086 shares at $22,931 based on the most recent closing price.
Stock Fundamentals for PTLO
Equity return is now at value 5.20, with 1.00 for asset returns.
Conclusion
In a nutshell, Portillo’s Inc. (PTLO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
