Portillos Inc [NASDAQ: PTLO] jumped around 0.9 points on Thursday, while shares priced at $11.86 at the close of the session, up 8.21%.
Compared to the average trading volume of 1.19M shares, PTLO reached a trading volume of 2585425 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Portillos Inc [PTLO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PTLO shares is $15.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PTLO stock is a recommendation set at 1.45. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Stephens have made an estimate for Portillos Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 12, 2024. While these analysts kept the previous recommendation, Stephens raised their target price to Overweight. The new note on the price target was released on November 10, 2023, representing the official price target for Portillos Inc stock. Previously, the target price had yet another drop from $26 to $19, while Morgan Stanley kept a Equal-Weight rating on PTLO stock. On July 17, 2023, analysts increased their price target for PTLO shares from 27 to 28.
The Average True Range (ATR) for Portillos Inc is set at 0.51, with the Price to Sales ratio for PTLO stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 1.98, with the Price to Cash per share for the same quarter was set at 0.20.
How has PTLO stock performed recently?
Portillos Inc [PTLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.26. With this latest performance, PTLO shares gained by 21.02% in over the last four-week period, additionally sinking by -11.49% over the last 6 months – not to mention a drop of -37.58% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PTLO stock in for the last two-week period is set at 69.75, with the RSI for the last a single of trading hit 75.80, and the three-weeks RSI is set at 65.01 for Portillos Inc [PTLO]. The present Moving Average for the last 50 days of trading for this stock 9.90, while it was recorded at 11.07 for the last single week of trading, and 12.74 for the last 200 days.
Portillos Inc [PTLO]: Deeper insight into the fundamentals
Portillos Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.38.
Earnings analysis for Portillos Inc [PTLO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PTLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Portillos Inc go to 20.20%.
Insider trade positions for Portillos Inc [PTLO]
The top three institutional holders of PTLO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in PTLO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in PTLO stock with ownership which is approximately 5.1238%.
