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how high will portillos stock go

by Assunta Howell Published 3 years ago Updated 2 years ago
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Their PTLO stock forecasts range from $26.00 to $68.00. On average, they predict Portillo's' share price to reach $46.38 in the next twelve months. This suggests a possible upside of 200.7% from the stock's current price. View analysts' price targets for Portillo's or view top-rated stocks among Wall Street analysts.

Full Answer

Where can I buy Portillos stock?

Shares of PTLO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Portillos' stock price today?

How much did Portillo’s raise for its IPO?

Portillo’s will make its highly anticipated public debut on Oct. 21. It’s expected to raise approximately $375 million. The money raised will help the fast food chain pay off its total debt of $479 million.

Is Portillo’s (ptlo) growing despite a challenging cost environment?

By Alan Hatfield Portillo’s Inc. (Nasdaq: PTLO) today reported continued growth despite a challenging cost environment for the Chicago-style fast casual chain.

How much does a Portillo’s franchise cost?

In September, QSR Magazine found that the Chicago-based franchise is 45th in average sales per unit among all of the fast food chains in the U.S. with an amount of $6,923. Now owned by Berkshire Partners, Portillo’s has over 60 locations in the U.S. and it continues to grow.

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Will Portillo's stock go up?

On average, Wall Street analysts predict that PORTILLO's's share price could reach $49.29 by Mar 11, 2023. The average PORTILLO's stock price prediction forecasts a potential upside of 213.92% from the current PTLO share price of $15.70.

Is Portillo's overvalued?

Portillo's released its earnings results on May 04, 2022. The company reported $0 earnings per share for the quarter, beating the consensus estimate of -$0.026 by $0.026. Is Portillo's overvalued? According to Wall Street analysts Portillo's's price is currently Undervalued.

Why is Portillo's stock so low?

Portillo's CEO Michael Osanloo is testing Wall Street's patience six months after the restaurant chain's IPO. Portillo's stock lost half its value after a sharp initial run-up, largely on concerns that it isn't raising prices enough to keep pace with increased costs from inflation.

Is PTLO a Buy?

(PTLO) - Zacks....(Delayed Data from NSDQ)Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows

Should I sell my Portillo's stock?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Portillo's in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Portillo's stock.

Is Portillo's stock a good investment?

Portillo's Inc. We therefore hold a negative evaluation of this stock.

Will Portillo's stock pay dividends?

PORTILLO's (NASDAQ: PTLO) does not pay a dividend.

Who owns Portillo's stock?

What type of owners hold PORTILLO's INC stock?NameHoldSharesJoshua Adam Lutzker17.27%12,351,601Richard K. Lubin17.27%12,351,335Berkshire Partners LLC17.26%12,343,204Select Equity Group LP3.31%2,370,8566 more rows

What company owns Portillo's?

The Portillo Restaurant Group, Inc.Portillo's / Parent organization

What is Portillos PE ratio?

PE Ratio (TTM) N/A. EPS (TTM) -1.51.

How do I buy Portillo's stock?

How to buy shares in Portillo'sCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.

How did Portillo's get started?

It All Began in the Dog House In 1963, Dick Portillo invested $1,100 into a small trailer to open the first Portillo's hot dog stand in Villa Park, IL, which he called "The Dog House." Years later, Portillo's has become a brand synonymous with Chicago.

Is Portillo's a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portillo's in the last year. There are currently 3 hold ratings and 6 buy...

When is Portillo's' next earnings date?

Portillo's is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Portillo's .

How were Portillo's' earnings last quarter?

Portillo's Inc. (NASDAQ:PTLO) issued its quarterly earnings results on Thursday, March, 10th. The company reported ($0.52) earnings per share (EPS)...

What price target have analysts set for PTLO?

9 analysts have issued 12-month target prices for Portillo's' shares. Their forecasts range from $26.00 to $68.00. On average, they anticipate Port...

Who are Portillo's' key executives?

Portillo's' management team includes the following people: Mr. Michael Osanloo , Pres, CEO & Director (Age 56, Pay $3.58M) Ms. Michelle Greig Ho...

Who are some of Portillo's' key competitors?

Some companies that are related to Portillo's include Cracker Barrel Old Country Store (CBRL) , Wingstop (WING) , Bloomin' Brands (BLMN) , Dave...

When did Portillo's IPO?

(PTLO) raised $375 million in an IPO on Thursday, October 21st 2021. The company issued 20,270,270 shares at $17.00-$20.00 per share.

What is Portillo's' stock symbol?

Portillo's trades on the NASDAQ under the ticker symbol "PTLO."

When did the company's lock-up period expire?

Portillo's' lock-up period expired on Tuesday, April 19th. Portillo's had issued 20,270,270 shares in its IPO on October 21st. The total size of th...

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