BidaskClub upgraded shares of El Pollo LoCo (NASDAQ:LOCO) from a sell rating to a hold rating in a research report report published on Wednesday, March 14th.
Other equities analysts have also issued reports about the company. Morgan Stanley restated an equal weight rating and set a $11.00 target price (down from $12.00) on shares of El Pollo LoCo in a research report on Monday, March 12th. SunTrust Banks set a $11.00 price objective on El Pollo LoCo and gave the company a hold rating in a report on Thursday, March 8th. Finally, Zacks Investment Research upgraded El Pollo LoCo from a sell rating to a hold rating in a report on Thursday, January 4th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of $12.40.
Shares of El Pollo LoCo stock traded down $0.20 during trading on Wednesday, hitting $9.60. 202,279 shares of the company were exchanged, compared to its average volume of 525,236. The firm has a market capitalization of $378.89, a P/E ratio of 15.24, a PEG ratio of 0.94 and a beta of 0.32. El Pollo LoCo has a 1-year low of $9.05 and a 1-year high of $14.85. The company has a current ratio of 0.44, a quick ratio of 0.39 and a debt-to-equity ratio of 0.34.
El Pollo LoCo (NASDAQ:LOCO) last posted its earnings results on Thursday, March 8th. The restaurant operator reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The company had revenue of $95.20 million during the quarter, compared to analyst estimates of $95.24 million. El Pollo LoCo had a return on equity of 9.00% and a net margin of 2.15%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.12 EPS. research analysts anticipate that El Pollo LoCo will post 0.69 EPS for the current fiscal year.
Several large investors have recently added to or reduced their stakes in the company. Municipal Employees Retirement System of Michigan lifted its holdings in shares of El Pollo LoCo by 272.9% during the 4th quarter. Municipal Employees Retirement System of Michigan now owns 51,310 shares of the restaurant operator’s stock valued at $508,000 after purchasing an additional 37,550 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of El Pollo LoCo by 69.6% during the 4th quarter. Millennium Management LLC now owns 256,960 shares of the restaurant operator’s stock valued at $2,544,000 after purchasing an additional 105,427 shares in the last quarter. Engine Capital Management LLC lifted its holdings in shares of El Pollo LoCo by 42.7% during the 4th quarter. Engine Capital Management LLC now owns 33,400 shares of the restaurant operator’s stock valued at $331,000 after purchasing an additional 10,000 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of El Pollo LoCo by 73.7% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 13,200 shares of the restaurant operator’s stock valued at $131,000 after purchasing an additional 5,600 shares in the last quarter. Finally, Two Sigma Investments LP lifted its stake in El Pollo LoCo by 106.4% in the 4th quarter. Two Sigma Investments LP now owns 227,361 shares of the restaurant operator’s stock valued at $2,251,000 after acquiring an additional 117,194 shares in the last quarter. Institutional investors and hedge funds own 78.92% of the company’s stock.
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El Pollo LoCo Company Profile
El Pollo Loco Holdings, Inc, through its subsidiary El Pollo Loco, Inc, develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. The company specializes in offering flame-grilled chicken. As of March 8, 2018, it had approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, and Utah.
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