Contents:
These https://1investing.in/ and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.
Real-time analyst ratings, insider transactions, earnings data, and more. Portillo’s’ stock is owned by a number of retail and institutional investors. Insiders that own company stock include George Richard Cook III, Jill Francine Waite, Michael Osanloo and Nicholas Anthony Scarpino. Portillo’s’ stock was trading at $16.32 on January 1st, 2023. Since then, PTLO shares have increased by 31.3% and is now trading at $21.42.
Portillo’s Inc. has set terms for its initial public offering, in which the profitable Illinois-based Chicago street food company is looking to raise up to $405.4 million. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Portillo’s Hot Dogs, LLC operates a chain of restaurants.
Portillo’s stock slides after earnings miss
The Company offers beef burgers, fresh pasta trays, gourmet salads, pastas, sandwiches, and burgers, as well as provides catering services, hosts events and parties. Portillo’s Hot Dogs serves customers in the United States. Raised $375 million in an initial public offering on Thursday, October 21st 2021. The company issued 20,270,270 shares at a price of $17.00-$20.00 per share.
Portillo’s Stock Forecast, Price & News (NASDAQ:PTLO) – MarketBeat
Portillo’s Stock Forecast, Price & News (NASDAQ:PTLO).
Posted: Fri, 29 Oct 2021 13:32:47 GMT [source]
Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. Verify your identity, personalize the content you receive, or create and administer your account. Bloomberg Wall Street Week David Westin speaks with top names in finance about the week’s biggest issues on Wall Street. There was a huge line outside a Portillo’s food truck in Times Square Thursday afternoon. These top-ranked stocks are likely to beat on bottom line in their next releases. Tap Ulta Beauty , Inter Parfums , InterDigital , Portillo’s Inc. and MercadoLibre .
MarketBeat has tracked 5 news articles for Portillo’s this week, compared to 2 articles on an average week. Portillo’s has only been the subject of 2 research reports in the past 90 days. Register now to watch these stocks streaming on the ADVFN Monitor.
Portillo’s Inc. Announces Pricing of Offering of Class A Common Stock in “Synthetic Secondary” Transaction
Portillo’s Inc. was founded in 1963 and is based in Oak Brook, Illinois. Portillo’s Inc. (Portillo’s) is a restaurant company that serves Chicago Street food. It accommodates a range of access modes, including dine-in, carryout/curbside, delivery and catering. The Company owns and operates approximately 72 restaurants across nine…
Noble Absolute Return ETF holds 20,000 shares of PTLO stock, representing -1.19% of its portfolio. The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. Sell every Stock except ONE Markets are down…But Jeff Clark couldn’t care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month… Only 2 people have added Portillo’s to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
Bank of America Securities Reaffirms Their Buy Rating on Portillo’s (PTLO)
P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Earnings for Portillo’s are expected to grow by 38.89% in the coming year, from $0.36 to $0.50 per share. MarketBeat has tracked 3 reddit mentions for Portillo’s this week, compared to 0 mentions on an average week. Portillo’s does not have a long track record of dividend growth. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
Only 18 people have searched for PTLO on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days. Portillo’s has a short interest ratio (“days to cover”) of 6.6. Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.
Portillo’s Inc., together with its subsidiaries, engages in the ownership and operation of fast casual and quick service 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 shakes. As of March 10, 2022, it operated in 70 locations across nine states. The company also offers its products through its website.
The company’s average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. Provide specific products and services to you, such as portfolio management or data aggregation. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. In July, the company announced they were taking the popular Chicago-based chain public with an IPO, or initial public offering, for its stock. Other market data may be delayed by 15 minutes or more.
Time to Upgrade!
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. Chicago hot dog chain Portillo’s Inc. said Monday that it will open its first drive-through only location in Joliet, Ill. on February 1. The 3,750-square-foot restaurant will not have a dining room, though there will be a… Portillo’s Inc. has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. The restaurant industry is poised to grow as operators are making efforts to overcome the ongoing challenges, helping stocks like Portillo’s , Darden Restaurants , Chuy’s Holdings an…
- Portillo’s Hot Dogs serves customers in the United States.
- The company also offers its products through its website.
- By taking the company public, they are hoping to raise cash to increase that to about 600 throughout the country.
- Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Takes TradeSmith’s predictive power to the next levelTradeSmith just launched a brand-new research service that uses A.I. Imagine what you could do with that kind of predictive power, if you knew next month’s stock prices today?
One share of PTLO stock can currently be purchased for approximately $21.42. Sign-up to receive the latest news and ratings for Portillo’s and its competitors with MarketBeat’s FREE daily newsletter. The P/E ratio of Portillo’s is 86.28, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 32.69. In the past three months, Portillo’s insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $353,645.00 in company stock.
Portillo’s Inc. was founded in 1963 and is based in Oak Brook, Illino… Portillo’s Inc. owns and operates fast casual and quick service restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and milkshakes. As of June 26, 2022, it owned and operated 71 Portillo’s restaurants across nine states.
Top Stocks to Boost Your Portfolio With Earnings Beat
Join thousands of traders who make more informed decisions with our premium features. Real-sources of comparative advantage quotes, advanced visualizations, backtesting, and much more. We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
Why Portillo’s Stock Could Double After the IPO – Money Morning
Why Portillo’s Stock Could Double After the IPO.
Posted: Thu, 21 Oct 2021 07:00:00 GMT [source]
72.88% of the stock of Portillo’s is held by institutions. High institutional ownership can be a signal of strong market trust in this company. According to analysts’ consensus price target of $26.00, Portillo’s has a forecasted upside of 20.5% from its current price of $21.57. Represents the company’s profit divided by the outstanding shares of its common stock. Sign Up NowGet this delivered to your inbox, and more info about our products and services. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Key Data
EV / Sales ,15x EV / Sales ,90x Nbr of Employees Free-Float 79,8% More FinancialsCompanyPortillo’s Inc. (Portillo’s) is a restaurant company that serves Chicago Street food. Portillos Inc serves the Chicago street food industry through high-energy and multichannel restaurants. It owns and operates fast-casual restaurants in the United States, along with two food production commissaries in Illinois. Its menu includes hot dogs, beef and sausage sandwiches, sandwiches and ribs, salads, burgers, chicken, Barnelli’s pasta, sides and soup, and desserts and shakes. 4 brokerages have issued twelve-month target prices for Portillo’s’ stock.
View analysts price targets for PTLO or view top-rated stocks among Wall Street analysts. 4 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Portillo’s in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” PTLO shares. We sell different types of products and services to both investment professionals and individual investors.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
Portillo’s Gains as Stifel Takes a Liking – TipRanks
Portillo’s Gains as Stifel Takes a Liking.
Posted: Mon, 20 Mar 2023 07:00:00 GMT [source]
Portillo’s Inc. doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.