MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Get this delivered to your inbox, and more info about our products and services. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

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. 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 is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. Pre-market activity occurs before regular market hours and can be used to judge market strength and direction. Pre-market trading has some risk because of lower liquidity and more volatility than regular sessions. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.

PTLO Overview

The Company owns and operates approximately 72 restaurants across nine states, including Illinois, Arizona, Indiana, Florida, Iowa, Minnesota, Wisconsin, Michigan and California. The Company conducts its business through PHD Group Holdings LLC, known as Portillo’s OpCo and its subsidiaries. The Company also operates in non-traditional locations, which includes a food truck and a ghost kitchen in Chicago. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Upgrade to MarketBeat All Access to add more stocks to your watchlist. Sign-up to receive the latest news and ratings for Portillo’s and its competitors with MarketBeat’s FREE daily newsletter. 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…

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Portillo’s, Inc. serves street food through high-energy, multichannel restaurants designed to ignite the senses and create a memorable dining experience. The company was founded on June 8, 2021 and is headquartered in Oak Brook, IL.

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success.

Since then, PTLO stock has increased by 2.9% and is now trading at $16.80. Use these ten stocks to generate a safe and reliable source of investment income. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

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We’d like to share more about how we work and what drives our day-to-day business. Compare
PTLO’s historical performance
against its industry peers and the overall market. One share of PTLO stock can currently be purchased for approximately $16.80.

The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. 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. Portillo’s saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,920,000 shares, a decrease of 25.7% from the August 15th total of 3,930,000 shares.

Price and EPS Surprise Chart

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5 brokers have issued 12 month price objectives for Portillo’s’ shares. Their PTLO share price forecasts range from $22.00 to $26.00. On average, they anticipate the company’s share price to reach $24.80 in the next year. This suggests a possible upside of 47.6% from the stock’s current price.

Related News PTLO

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

• Portillo’s Inc. (Portillo’s) is a restaurant company that serves Chicago Street food.
• These are established companies that reliably pay dividends.
• The Company also operates in non-traditional locations, which includes a food truck and a ghost kitchen in Chicago.
• Portillo’s’ stock is owned by a variety of institutional and retail investors.
• ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
• Data may be intentionally delayed pursuant to supplier requirements.

A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ free rider meaning 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. Portillo’s’ stock was trading at $16.32 at the start of the year.

Portillo’s Inc. Announces Pricing of Offering of Class A Common Stock in “Synthetic Secondary” Transaction

There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. According to 7 analysts, the average rating for PTLO stock is « Buy. » The 12-month stock price forecast is $24.71, which is an increase of 47.08% from the latest price. 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.

The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
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Terms of Service apply. Lou Malnati’s and Portillo’s are offering the limited-time Italian Beef Deep Dish Pizza exclusively through the Tastes of Chicago website. The site enables the brands to expand their presence nationwi…

View analysts price targets for PTLO or view top-rated stocks among Wall Street analysts. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. https://1investing.in/ More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. 5 Wall Street equities research analysts have issued « buy, » « hold, » and « sell » ratings for Portillo’s in the last year.

There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should « moderate buy » PTLO shares. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.

Portillo’s’ stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.14%), Franklin Resources Inc. (2.43%), Principal Financial Group Inc. (2.36%), Point72 Asset Management L.P. (1.91%), Granahan Investment Management LLC (1.63%) and Nuveen Asset Management LLC (1.58%). Insiders that own company stock include George Richard Cook III, Jill Francine Waite, Michael Osanloo and Nicholas Anthony Scarpino. (PTLO) raised $375 million in an initial public offering (IPO) on Thursday, October 21st 2021. The company issued 20,270,270 shares at a price of $17.00-$20.00 per share.

Based on an average trading volume of 624,000 shares, the days-to-cover ratio is presently 4.7 days. Portillo’s Inc. shares fell 6.2% in Thursday premarket trading after the Chicago-style restaurant chain reported a fourth-quarter earnings miss. Net loss totaled $18.6 million, or 52 cents per share, after a loss of $392,… The technique has proven to be very useful for finding positive surprises. The scores are based on the trading styles of Value, Growth, and Momentum.