Added to YB: 2024-06-03
Pitch date: 2024-06-01
PTLO [bullish]
Portillo's Inc.
-54.19%
current return
Author Info
@CCM_Brett shares stock ideas on his Twitter account and Chit Chat Stocks podcast. Follow the podcast on Spotify/Apple.
Company Info
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 and cheese fries, homemade chocolate cakes, and chocolate cake shake.
Market Cap
$344.6M
Pitch Price
$10.15
Price Target
110.22 (+2250%)
Dividend
N/A
EV/EBITDA
8.26
P/E
13.57
EV/Sales
1.38
Sector
Hotels, Restaurants and Leisure
Category
growth
Portillo's: Strategic Expansion and Strong Brand Drive Investment Appeal
PTLO: Chicago-based fast casual chain with <100 stores, huge growth potential to 10x locations nationally. New mgmt (ex-Starbucks, Domino's, P.F. Chang's) making operational improvements. Cheap at $1.35B EV with high ROIC, $1.1B restaurant EBITDA-new build costs expected by 2030. Risks: weak comps, balance sheet, execution. 10-bagger in 10 years if successful expansion.
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