Portillos Inc (NASDAQ: PTLO) is 47.98% higher on its value in year-to-date trading and has touched a low of $8.38 and a high of $16.17 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PTLO stock was last observed hovering at around $13.94 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $13.91, the stock is 19.56% and 30.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.07 million and changing -0.18% at the moment leaves the stock 24.48% off its SMA200. PTLO registered -0.64% loss for a year compared to 6-month loss of 34.27%. The firm has a 50-day simple moving average (SMA 50) of $10.6906 and a 200-day simple moving average (SMA200) of $11.174925.
The stock witnessed a 52.86% gain in the last 1 month and extending the period to 3 months gives it a 6.51%, and is 11.37% up 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 6.07% over the week and 5.86% over the month.
Portillos Inc (PTLO) has around 8180 employees, a market worth around $1.03B and $713.80M in sales. Current P/E ratio is 33.15 and Fwd P/E is 40.11. Profit margin for the company is 3.65%. Distance from 52-week low is 65.99% and -13.98% from its 52-week high. The company has generated returns on investments over the last 12 months (2.80%).
with sales reaching $185.87M over the same period.The EPS is expected to grow by 3.35% this year, but quarterly earnings will post 4.73% year-over-year. Quarterly sales are estimated to shrink -1.06% in year-over-year returns.
Portillos Inc (PTLO) Top Institutional Holders
248.0 institutions hold shares in Portillos Inc (PTLO), with institutional investors hold 94.69% of the company’s shares. The shares outstanding are 62.22M, and float is at 58.03M with Short Float at 13.45%. Institutions hold 88.09% 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).
