Portillo’s (PTLO) to Release Earnings on Tuesday

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

Portillo’s Price Performance

Portillo’s stock opened at $13.70 on Friday. Portillo’s has a 52-week low of $8.38 and a 52-week high of $16.17. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 32.62, a PEG ratio of 14.77 and a beta of 1.82. The company has a fifty day simple moving average of $11.84 and a 200-day simple moving average of $11.98. The company has a quick ratio of 0.31, a current ratio of 0.38 and a debt-to-equity ratio of 0.58.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus raised shares of Portillo’s from a “hold” rating to a “buy” rating and upped their target price for the stock from $13.00 to $16.00 in a report on Monday, January 27th. Morgan Stanley dropped their target price on shares of 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 dropped their target price on shares of Portillo’s from $14.00 to $11.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Finally, Stephens reissued an “equal weight” rating and issued a $13.00 price objective on shares of Portillo’s in a report on Wednesday, November 6th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock 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.