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Wednesday, March 22, 2023

Make Sure You Stick With Portillo’s Inc. (PTLO). It’s Bull Time Again

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Portillo’s Inc. (PTLO) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.35, or -1.61%, to $21.42. The Portillo’s Inc. has recorded 3,785 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Portillo’s Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results.


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Stocks Info

Portillo’s Inc. is listed on the NASDAQ as a member of the Consumer Cyclical sector and is a part of the Restaurants industry. At the end of the last regular session, the stock closed at $21.77 and fluctuated between $23.11 as its day high and $19.76 as its day low. The current market capitalization of Portillo’s Inc. is $1.60B. A total of 1.91 million shares were traded on the day, compared to an average of 636.15K shares.

In the most recent transaction, Osanloo Michael bought 1,262 shares of PTLO for 18.17 per share on Nov 30. After the transaction, the President & CEO now owns 169,086 company shares. In a previous transaction on Nov 30, Waite Jill Francine bought 80 shares at 18.17 per share. PTLO shares that Chief Human Resources Officer owns now total 19,841.

Among the insiders who sold shares, Scarpino Nicholas Anthony disposed of 21,500 shares on Nov 11 at a per-share price of $25.38. This resulted in the SVP Marketing & Off-Premises holding 9,655 shares of PTLO after the transaction. In another insider transaction, Waite Jill Francine sold 44,614 shares at $19.10 per share on May 27. Company shares held by the Chief Human Resources Officer now total 21,900.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for PTLO in the last 3 months, the mean price target is $28.22 with high estimates of $39.00 and low estimates of $21.00. In terms of 52-week highs and lows, PTLO has a high of $28.93 and a low of $14.84.

As of this writing, PTLO has an earnings estimate of $0.01 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.03 per share and a lower estimate of -$0.01. The company reported an EPS of $0.13 in the last quarter, which was 85.70% higher than expectations of $0.07.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 10 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PTLO is Hold with a score of 4.17. A total of 5 analysts rated the stock as Buy while 1 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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