Key Points
- Eugene Lee, Jr., a Portillo's director, purchased 286,000 shares on March 13 at an average price of $5.18 each (~$1.48M), increasing his direct stake to 416,250 shares (a 219.58% rise).
- Portillo's recently beat quarterly EPS expectations (reported $0.08 vs. $0.05 consensus) with revenue of $185.75M, but showed only 0.6% year‑over‑year revenue growth and a modest net margin of 2.64%.
- The stock trades around $5.33 with a market cap of about $402M; analysts have a consensus "Hold" rating (average target $7.50) and institutional investors own roughly 98% of the shares.
Portillo's Inc. (NASDAQ:PTLO - Get Free Report) Director Eugene Lee, Jr. acquired 286,000 shares of the business's stock in a transaction dated Friday, March 13th. The stock was acquired at an average price of $5.18 per share, with a total value of $1,481,480.00. Following the completion of the transaction, the director directly owned 416,250 shares of the company's stock, valued at approximately $2,156,175. This represents a 219.58% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Portillo's Trading Up 3.3%
Shares of PTLO stock opened at $5.33 on Friday. Portillo's Inc. has a 1-year low of $4.41 and a 1-year high of $13.55. The company has a market cap of $402.47 million, a price-to-earnings ratio of 19.74, a PEG ratio of 1.85 and a beta of 1.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.27 and a quick ratio of 0.22. The stock has a 50 day simple moving average of $5.46 and a 200-day simple moving average of $5.53.
Portillo's (NASDAQ:PTLO - Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.03. The firm had revenue of $185.75 million for the quarter, compared to analysts' expectations of $185.50 million. Portillo's had a net margin of 2.64% and a return on equity of 3.93%. The firm's revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.17 EPS. On average, equities research analysts expect that Portillo's Inc. will post 0.35 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on PTLO shares. DA Davidson began coverage on shares of Portillo's in a research note on Friday, March 6th. They set a "neutral" rating and a $5.50 target price for the company. UBS Group decreased their price target on shares of Portillo's from $6.00 to $5.50 and set a "neutral" rating on the stock in a research note on Tuesday, January 6th. Piper Sandler lifted their price objective on Portillo's from $7.00 to $8.00 and gave the stock an "overweight" rating in a report on Friday, January 16th. Wolfe Research initiated coverage on Portillo's in a research note on Monday, March 9th. They set a "peer perform" rating for the company. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Portillo's in a report on Monday, December 22nd. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Portillo's presently has a consensus rating of "Hold" and an average target price of $7.50.
View Our Latest Stock Analysis on PTLO
Institutional Investors Weigh In On Portillo's
Hedge funds have recently modified their holdings of the business. Jefferies Financial Group Inc. purchased a new position in shares of Portillo's in the second quarter worth about $4,668,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Portillo's during the second quarter worth about $1,023,000. Geode Capital Management LLC raised its holdings in Portillo's by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 1,400,892 shares of the company's stock valued at $16,350,000 after acquiring an additional 52,875 shares during the last quarter. Southeast Asset Advisors LLC acquired a new stake in Portillo's in the 3rd quarter valued at about $840,000. Finally, Bailard Inc. purchased a new position in Portillo's in the 2nd quarter worth approximately $193,000. 98.34% of the stock is currently owned by institutional investors and hedge funds.
About Portillo's
(
Get Free Report)
Portillo's, Inc operates a fast‐casual restaurant chain best known for its Chicago‐style menu, featuring Italian beef sandwiches, Chicago‐style hot dogs, char‐grilled burgers, salads, crinkle‐cut fries and hand‐spun milkshakes. In addition to its signature sandwiches and dogs, the company offers a selection of desserts—including its famous chocolate cake and frozen custard—as well as catering services designed to bring its Midwestern flavors to corporate and social events.
The company was founded in 1963 by Dick Portillo, who opened the first Portillo's in Villa Park, Illinois.
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