Portillos Inc (NASDAQ: PTLO) has a higher price-to-earnings ratio of 38.39x compared to its average ratio, The 36-month beta value for PTLO is at 1.88. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PTLO is 56.05M, and currently, shorts hold a 9.73% of that float. The average trading volume for PTLO on April 26, 2024 was 912.32K shares.
PTLO) stock’s latest price update
Portillos Inc (NASDAQ: PTLO)’s stock price has plunge by -0.33relation to previous closing price of 12.04. Nevertheless, the company has seen a 2.21% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-22 that Restaurant stocks like Brinker International, Inc. (EAT), Portillo’s Inc. (PTLO), CAVA Group, Inc. (CAVA), Yum China Holdings, Inc. (YUMC) and Wingstop Inc. (WING) are likely to benefit from the steady rise in sales.
PTLO’s Market Performance
Portillos Inc (PTLO) has experienced a 2.21% rise in stock performance for the past week, with a -9.09% drop in the past month, and a -10.98% drop in the past quarter. The volatility ratio for the week is 3.69%, and the volatility levels for the past 30 days are at 4.04% for PTLO. The simple moving average for the last 20 days is -7.44% for PTLO stock, with a simple moving average of -24.26% for the last 200 days.
Analysts’ Opinion of PTLO
Many brokerage firms have already submitted their reports for PTLO stocks, with Stephens repeating the rating for PTLO by listing it as a “Overweight.” The predicted price for PTLO in the upcoming period, according to Stephens is $20 based on the research report published on April 12, 2024 of the current year 2024.
Stephens, on the other hand, stated in their research note that they expect to see PTLO reach a price target of $20. The rating they have provided for PTLO stocks is “Overweight” according to the report published on November 10th, 2023.
Morgan Stanley gave a rating of “Equal-Weight” to PTLO, setting the target price at $19 in the report published on October 11th of the previous year.
PTLO Trading at -10.56% 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 -49.98% of loss for the given period.
Volatility was left at 4.04%, however, over the last 30 days, the volatility rate increased by 3.69%, as shares sank -14.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.75% lower at present.
During the last 5 trading sessions, PTLO rose by +2.21%, which changed the moving average for the period of 200-days by -47.69% in comparison to the 20-day moving average, which settled at $12.86. In addition, Portillos Inc saw -24.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PTLO starting from Pratt Derrick Lee, who sale 1,827 shares at the price of $14.94 back on Jan 04 ’24. After this action, Pratt Derrick Lee now owns 23,599 shares of Portillos Inc, valued at $27,295 using the latest closing price.
Osanloo Michael, the President & CEO of Portillos Inc, sale 1,558 shares at $15.99 during a trade that took place back on Dec 07 ’23, which means that Osanloo Michael is holding 143,116 shares at $24,912 based on the most recent closing price.
Stock Fundamentals for PTLO
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.23 for the gross margin
The net margin for Portillos Inc stands at 0.03. The total capital return value is set at 0.05. Equity return is now at value 6.37, with 1.38 for asset returns.
Based on Portillos Inc (PTLO), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.97. The interest coverage ratio of the stock is 2.1.
Currently, EBITDA for the company is 86.34 million with net debt to EBITDA at 6.58. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 47.94for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.40.
Conclusion
In conclusion, Portillos Inc (PTLO) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
