5 Best Fast Food Stocks To Buy According to Analysts

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1. Portillos Inc (NASDAQ:PTLO)

Average Analyst Share Price Upside: 67.72%

Average Analyst Share Price Target: $21.67

Portillos Inc. (NASDAQ:PTLO) is a fast-casual restaurant chain based in the Chicago area, renowned for its Chicago-style fare, including hot dogs, Maxwell Street Polish, and Italian beef.

In February, Portillos Inc. (NASDAQ:PTLO) announced its Q4 results. The company reported an adjusted EPS of $0.13 for the period, surpassing estimates by $0.07. Additionally, revenue for the period experienced a substantial 24.5% year-over-year increase, reaching $187.9 million, which exceeded estimates by $3.68 million.

A total of 19 hedge funds in Insider Monkey’s database of 933 funds had stakes in Portillos Inc (NASDAQ:PTLO). The biggest hedge fund stakeholder of Portillos Inc (NASDAQ:PTLO) during this period was William B. Gray’s Orbis Investment Management which owns a $83.24 million stake in Portillos Inc (NASDAQ:PTLO).

Disclosure: None. You can also take a look at 13 Best Stocks To Buy and Hold Forever and The 10 Most Diversified Stocks That Hedge Funds Love.

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