Key Takeaways:
- Portillo's Q4 revenues decreased by 1.7% year-over-year, but the company exceeded EPS and EBITDA forecasts.
- The stock price has fallen 8.5% post-earnings announcement, presenting potential investment opportunities.
- Analyst estimates suggest a significant upside potential for Portillo's stock, with a target price considerably above the current market value.
Portillo's (PTLO, Financial) recently announced its fourth-quarter financial results, reporting revenues of $184.6 million, marking a 1.7% decline when compared to the previous year. Despite the revenue dip, Portillo's surpassed expectations for both Earnings Per Share (EPS) and Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Following the earnings release, the stock experienced an 8.5% decline and is now trading at $12.43.
Wall Street Analysts' Forecast
According to projections from 10 analysts, the average one-year price target for Portillo's Inc (PTLO, Financial) is set at $16.40. Estimates range from a high of $21.00 to a low of $12.00, suggesting substantial potential for growth from the current trading price of $10.51. This reflects an anticipated upside of 56.04%. For more detailed financial projections, visit the Portillo's Inc (PTLO) Forecast page.
The consensus among 10 brokerage firms places Portillo's Inc (PTLO, Financial) with an average recommendation of 2.0, indicating an "Outperform" rating. This rating falls within a range of 1 to 5, where 1 corresponds to a Strong Buy, and 5 translates to Sell.
In terms of valuation, GuruFocus' estimates put the GF Value for Portillo's Inc (PTLO, Financial) at $15.68 in one year, implying a 49.19% upside from the current price of $10.51. The GF Value is calculated based on historical trading multiples and past and projected business growth. For a deeper analysis, please refer to the Portillo's Inc (PTLO) Summary page.
