Portillo's Inc. (PTLO)

NASDAQ: PTLO · IEX Real-Time Price · USD
10.70
+0.13 (1.23%)
May 20, 2024, 11:23 AM EDT - Market open
1.23%
Market Cap 658.33M
Revenue (ttm) 689.68M
Net Income (ttm) 29.89M
Shares Out 61.61M
EPS (ttm) 0.40
PE Ratio 26.53
Forward PE 29.06
Dividend n/a
Ex-Dividend Date n/a
Volume 217,732
Open 10.58
Previous Close 10.57
Day's Range 10.51 - 10.78
52-Week Range 9.93 - 23.99
Beta 1.87
Analysts Buy
Price Target 17.00 (+58.88%)
Earnings Date May 7, 2024

About PTLO

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. Portillo's Inc. was founded in 1963 and is based in Oak Brook, Illinois. [Read more]

Industry Restaurants
IPO Date Oct 21, 2021
Employees 8,180
Stock Exchange NASDAQ
Ticker Symbol PTLO
Full Company Profile

Financial Performance

In 2023, Portillo's's revenue was $679.91 million, an increase of 15.81% compared to the previous year's $587.10 million. Earnings were $24.82 million, an increase of 44.65%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for PTLO stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 58.88% from the latest price.

Price Target
$17.0
(58.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Beef Is Back: Portillo's and Lou Malnati's Reunite for a Chi-Conic Italian Beef Deep Dish Pizza Three-Peat in Honor of National Italian Beef Week

Chicago Legends Collaborate for the Third Year in a Row on Legendary Italian Beef Deep Dish Pizza, Exclusively Available on TastesofChicago.com

6 days ago - GlobeNewsWire

Portillo's Inc. Announces First Quarter 2024 Financial Results

CHICAGO, May 07, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today report...

13 days ago - GlobeNewsWire

Portillo's Strengthens Leadership Team with first Chief Information Officer and Chief Marketing Officer Appointments

Restaurant industry veteran Keith Correia named CIO, Nick Scarpino promoted to CMO as brand furthers growth strategy Restaurant industry veteran Keith Correia named CIO, Nick Scarpino promoted to CMO ...

14 days ago - GlobeNewsWire

Portillo's Inc. to Announce First Quarter 2024 Results on Tuesday, May 7, 2024

OAK BROOK, Ill., April 12, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced tha...

5 weeks ago - GlobeNewsWire

Party With Portillo's This Prom Season

This prom season, Portillo's invites high schoolers (and their families) to gear up for the most unforgettable night of the year with a special meal-for-two, promposal sweepstakes and delicious post-d...

5 weeks ago - GlobeNewsWire

Portillo's ‘Mixes It Up' With Two New Salads Chock Full of Windy City Style

Portillo's freshens up its signature salad lineup and introduces Guests to its newest made-to-order salad innovations –the Spicy Chicken Chopped Salad and Chicken Pecan Salad with Bacon Portillo's fre...

7 weeks ago - GlobeNewsWire

McDonald's and other restaurant chains look to the Sun Belt for growth as population soars

As the population of the Sun Belt grows, restaurant chains such as McDonald's and Portillo's are looking to those states for future sales growth.

Other symbols: MCD
2 months ago - CNBC

Portillo's Inc. to Participate in Two Investor Conferences in March

OAK BROOK, Ill., March 06, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (Nasdaq: PTLO) (“Portillo's” or the “Company”), the fast-casual restaurant concept known for its menu of Chicago-style favorites, to...

2 months ago - GlobeNewsWire

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

CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today annou...

2 months ago - GlobeNewsWire

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

CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today annou...

2 months ago - GlobeNewsWire

Portillo's Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

CHICAGO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today repor...

2 months ago - GlobeNewsWire

Portillo's (PTLO) CEO On Importance Of Catering

Portillo's (PTLO) President and CEO Michael Osanloo joins Oliver Renick to discuss expansion. He also previews Portillo's 4Q earnings which are to be released on February 27th.

3 months ago - Schwab Network

Portillo's Inc. to Announce Fourth Quarter and Full Year 2023 Results on Tuesday, February 27, 2024

OAK BROOK, Ill., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that...

3 months ago - GlobeNewsWire

'Ozempic Effect' Is Overblown, Says Portillo's CEO

Portillo's Restaurant Group CEO and President Michael Osanloo, says the so-called "Ozempic effect" is overblown. He's seeing no impact from the diet drug on his business.

4 months ago - Bloomberg Markets and Finance

Portillo's Named to QSR Magazine's "Best Brands to Work For" List

Fast-casual Chicago-style restaurant concept honored in annual report for second consecutive year CHICAGO , Dec. 21, 2023 /PRNewswire/ -- Portillo's (NASDAQ: PTLO), the fast-casual restaurant concept ...

5 months ago - PRNewsWire

Portillo's Inc. to Participate in Upcoming Investor Conferences

OAK BROOK, Ill. , Nov. 7, 2023 /PRNewswire/ -- Portillo's Inc. (the "Company") (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, announced today that th...

6 months ago - PRNewsWire

Portillo's CEO Michael Osanloo: We expect a sequential margin decline from Q3 to Q4

Portillo's CEO Michael Osanloo joins 'The Exchange' to discuss the company's earnings results, fast casual dining trends, and more.

7 months ago - CNBC Television

Portillo's CEO shuts down obesity drug impact speculation

Portillo's (PTLO) released its' third-quarter earnings revealing mixed results. Adjusted earnings per share of 7 cents was in line with expectations, but revenue of $166.8 million missed estimates of ...

7 months ago - Yahoo Finance

Portillo's Inc. Announces Third Quarter 2023 Financial Results

OAK BROOK, Ill., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, tod...

7 months ago - GlobeNewsWire

Portillo's Inc. to Announce Third Quarter 2023 Results on Thursday, November 2, 2023

OAK BROOK, Ill., Oct. 02, 2023 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that...

8 months ago - GlobeNewsWire

Top 4 Consumer Stocks That May Explode This Month - Faraday Future (NASDAQ:FFIE), Jack In The Box (NASDAQ:JACK)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: FFIEJACKSCI
8 months ago - Benzinga

Portillo's CEO Michael Osanloo: We want to be a national brand

Portillo's CEO Michael Osanloo joins 'The Exchange' to discuss their latest earnings, the state of the consumer, and more.

10 months ago - CNBC Television

Portillo's Inc. Announces Second Quarter 2023 Financial Results

OAK BROOK, Ill., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's” or the “Company”) (NASDAQ: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, tod...

10 months ago - GlobeNewsWire

Portillo's Inc. to Announce Second Quarter 2023 Results on Thursday, August 3, 2023

OAK BROOK, Ill., July 06, 2023 (GLOBE NEWSWIRE) -- Portillo's Inc. (“Portillo's”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced that...

11 months ago - GlobeNewsWire

Portillo's to Host Investor Day in Dallas-Fort Worth on September 19, 2023

OAK BROOK, Ill., June 05, 2023 (GLOBE NEWSWIRE) -- Portillo's Inc. (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, announced today that it will be hos...

1 year ago - GlobeNewsWire