Portillo's (PTLO) to Release Quarterly Earnings on Tuesday

Portillo's (NASDAQ:PTLO - Get Free Report) is anticipated to announce its earnings results before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Portillo's Stock Performance

NASDAQ PTLO traded down $0.17 during trading hours on Thursday, hitting $14.43. The company's stock had a trading volume of 1,174,904 shares, compared to its average volume of 1,850,044. Portillo's has a 12 month low of $8.38 and a 12 month high of $16.17. The company's 50 day simple moving average is $11.67 and its two-hundred day simple moving average is $11.92. The company has a market cap of $1.07 billion, a P/E ratio of 34.26, a price-to-earnings-growth ratio of 15.61 and a beta of 1.82. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.38 and a quick ratio of 0.31.

Analysts Set New Price Targets

A number of research firms have issued reports on PTLO. Stifel Nicolaus upgraded Portillo's from a "hold" rating to a "buy" rating and boosted their price target for the company from $13.00 to $16.00 in a research note on Monday, January 27th. Morgan Stanley cut their price objective on Portillo's from $15.00 to $13.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. UBS Group cut their price objective on Portillo's from $14.00 to $11.00 and set a "neutral" rating for the company in a research note on Tuesday, January 7th. Finally, Stephens reiterated an "equal weight" rating and set a $13.00 price objective on shares of Portillo's in a research note on Wednesday, November 6th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $14.00.

About Portillo's

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.