When is the Portillo’s initial stock offering date?
No date has been announced for the initial stock offering. The company didn’t reveal the number of shares it will be offering or the price range, although the Wall Street Journal reported Portillo’s is targeting a valuation between $2.5 billion and $3 billion. Portillo’s declined to comment.
Did you know Portillo's is going public?
CHICAGO (WLS) -- Portillo's fans can soon own a piece of the popular Chicago-based chain. The company announced Monday that it will go public. Known for its Chicago-style food such as hot dogs and Italian beef, the company is planning an IPO, or initial public offering, for its stock.
When is Portillos'next quarterly earnings announcement?
Portillos is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022. View our earnings forecast for Portillos. How were Portillos' earnings last quarter? Portillos Inc (NASDAQ:PTLO) released its quarterly earnings results on Thursday, November, 18th.
Is Portillos (ptlo) a good stock to buy?
Portillos has received 64.29% “outperform” votes from our community. MarketBeat's community ratings are surveys of what our community members think about Portillos and other stocks. Vote “Outperform” if you believe PTLO will outperform the S&P 500 over the long term.
Is Portillo's stock public?
Portillo's, which went public in late October, had strong gains last week. Its revenue is up year over year, but current challenges are making earnings falter.
When can the public buy Portillo's stock?
The common stock began trading on the Nasdaq Global Select Market on October 21, 2021.
What time is Portillo's IPO?
Let's jump into that news below, as well as what else traders need to know about Portillo's and its IPO. Portillo's shares made their public debut at 11:00 a.m. Eastern Time this morning. The Shares started trading at $26.10 each, which is well above the planned IPO price of $20 per share.
Is Portillo's restaurant going public?
On Thursday, Portillo's becomes the fourth restaurant chain to go public this year, joining a list that includes Krispy Kreme, Dutch Bros and First Watch. Sweetgreen has also said it intends to go public.
How can I purchase 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 high will Portillo's stock go?
According to 7 Wall Street analysts that have issued a 1 year PTLO price target, the average PTLO price target is $49.29, with the highest PTLO stock price forecast at $68.00 and the lowest PTLO stock price forecast at $28.00.
What will Portillo's stock open at?
Performance OutlookPrevious Close18.34Open18.50Bid19.00 x 1100Ask19.85 x 1000Day's Range18.50 - 19.853 more rows
Is Portillo's a good stock investment?
Portillo's has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Should I invest in Portillo's stock?
Is Portillo's Inc. stock A Buy? Portillo's Inc. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.
Will Portillo's stock go up?
Based on 6 Wall Street analysts offering 12 month price targets for Portillo's in the last 3 months. The average price target is $28.40 with a high forecast of $40.00 and a low forecast of $23.00. The average price target represents a 58.66% change from the last price of $17.90.
Will Portillo's stock pay dividends?
PORTILLO's (NASDAQ: PTLO) does not pay a dividend.
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...
About Portillos
Portillo's Inc. provide fast-casual restaurant concept known for its menu of Chicago-style favorites. Portillo's Inc. is based in CHICAGO.
Headlines
Portillo's Holdings, LLC. -- Moody's announces completion of a periodic review of ratings of Portillo's Holdings, LLC. - Yahoo Finance
Portillos (NASDAQ:PTLO) Frequently Asked Questions
9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Portillos 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" Portillos stock. View analyst ratings for Portillos or view top-rated stocks.
How big is Portillo's Pick Up?
Earlier this month, the chain announced it will open a restaurant without a dining room in Joliet, Illinois. The "Portillo's Pick Up" model is 3,750 square feet, or roughly 50% of the size of a typical Portillo's unit, Restaurant Business reports, and features three drive-thru lanes.
When did Shake Shack go public?
However, when Shake Shack went public in 2015, it also had a smaller location count, with just over 60 restaurants, but saw its revenue jump four-fold from $19.5 million in 2012 to $82 million the following year. It was then valued at more than $700 million, according to CNBC.
Is Portillo's Hot Dogs a public company?
Securities and Exchange Commission for an initial public offering .
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How many Portillo's restaurants are there in Illinois?
Since then, Portillo’s has grown to about 50 restaurants across Illinois, with others in Arizona, California, Florida, Indiana, Iowa, Michigan, Minnesota and Wisconsin. The company this month announced plans to open its first outlet without a dining room.
Who owns Oak Brook Restaurants?
The Oak Brook-based restaurant chain, owned by private-equity firm Berkshire Partners LLC, said Monday it has confidentially submitted a registration statement with the Security and Exchange Commission. No date has been announced for the initial stock offering.
Is Portillo's hot dog stock public?
Portillo’s Hot Dogs has filed paperwork to sell shares to the public. Portillo’s, known for its hot dogs and Italian beef sandwiches, wants to sell shares of stock to the public, too. The Oak Brook-based restaurant chain, owned by private-equity firm Berkshire Partners LLC, said Monday it has confidentially submitted a registration statement ...
Is Krispy Kreme going public?
Krispy Kreme recently went public, and Sweetgreen, Dutch Bros and Torchy’s Tacos have announced plans to go public. “In the case of Portillo’s, this is an opportunity for investors to get access to capital at an attractive valuation,” Dunlop said.
