Portillos Inc (NASDAQ: PTLO) is -19.84% lower on its value in year-to-date trading and has touched a low of $8.66 and a high of $16.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PTLO stock was last observed hovering at around $13.14 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $12.77, the stock is -0.84% and 0.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing -2.82% at the moment leaves the stock 6.70% off its SMA200. PTLO registered -17.19% loss for a year compared to 6-month gain of 27.06%. The firm has a 50-day simple moving average (SMA 50) of $12.7412 and a 200-day simple moving average (SMA200) of $11.969275.
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The stock witnessed a 4.07% loss in the last 1 month and extending the period to 3 months gives it a 19.23%, and is -1.24% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.97% over the week and 3.86% over the month.
Portillos Inc (PTLO) has around 8180 employees, a market worth around $948.67M and $713.80M in sales. Current P/E ratio is 30.43 and Fwd P/E is 37.89. Profit margin for the company is 3.65%. Distance from 52-week low is 47.46% and -24.53% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).
The EPS is expected to shrink by -8.51% this year
249.0 institutions hold shares in Portillos Inc (PTLO), with institutional investors hold 96.44% of the company’s shares. The shares outstanding are 55.50M, and float is at 55.04M with Short Float at 15.21%. Institutions hold 89.72% of the Float.
The top institutional shareholder in the company is BERKSHIRE PARTNERS LLC with over 5.92 million shares valued at $57.57 million. The investor’s holdings represent 10.3117 of the PTLO Shares outstanding. As of 2024-06-30, the second largest holder is ORBIS ALLAN GRAY LTD with 5.45 million shares valued at $52.98 million to account for 9.4895 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.39 million shares representing 9.3894 and valued at over $52.42 million, while BLACKROCK INC. holds 7.171 of the shares totaling 4.12 million with a market value of $40.04 million.
Portillos Inc (PTLO) Insider Activity
The most recent transaction is an insider sale by Scarpino Nicholas Anthony, the company’s Chief Marketing Officer. SEC filings show that Scarpino Nicholas Anthony sold 96,722 shares of the company’s common stock on Aug 15 ’24 at a price of $11.75 per share for a total of $1.14 million. Following the sale, the insider now owns 28450.0 shares.
Still, SEC filings show that on Aug 09 ’24, Osanloo Michael (President & CEO) disposed off 66,052 shares at an average price of $10.29 for $0.68 million. The insider now directly holds 79,041 shares of Portillos Inc (PTLO).