Portillo’s (NASDAQ:PTLO) Posts Quarterly Earnings Results, Beats Expectations By $0.15 EPS

Portillo’s (NASDAQ:PTLO) announced its quarterly earnings results on Tuesday. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.15, Briefing.com reports. The business had revenue of $184.61 million for the quarter, compared to the consensus estimate of $185.16 million. Portillo’s had a return on equity of 5.62% and a net margin of 3.65%. The business’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the business posted $0.13 EPS. Portillo’s updated its FY 2025 guidance to EPS.

Portillo’s Price Performance

Shares of PTLO stock traded up $0.04 during mid-day trading on Thursday, hitting $13.99. 216,574 shares of the stock traded hands, compared to its average volume of 1,905,405. Portillo’s has a twelve month low of $8.38 and a twelve month high of $15.92. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 33.23, a price-to-earnings-growth ratio of 14.77 and a beta of 1.81. The company’s 50-day simple moving average is $12.05 and its 200-day simple moving average is $12.05. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.31 and a current ratio of 0.38.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on PTLO shares. Morgan Stanley cut their price target on Portillo’s from $15.00 to $13.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 21st. Stifel Nicolaus raised Portillo’s from a “hold” rating to a “buy” rating and raised their price target for the stock from $13.00 to $16.00 in a report on Monday, January 27th. Stephens lifted their target price on Portillo’s from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, UBS Group cut their target price on Portillo’s from $14.00 to $11.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 7th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $14.14.

Portillo’s Company Profile

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.