BidaskClub downgraded shares of El Pollo LoCo (NASDAQ:LOCO) from a buy rating to a hold rating in a report released on Thursday morning.
Several other equities research analysts have also commented on LOCO. ValuEngine upgraded shares of El Pollo LoCo from a strong sell rating to a sell rating in a research note on Tuesday, June 26th. TheStreet upgraded shares of El Pollo LoCo from a c rating to a b- rating in a research note on Friday, August 3rd. Zacks Investment Research lowered shares of El Pollo LoCo from a hold rating to a sell rating in a research note on Wednesday, July 4th. Finally, Jefferies Financial Group reiterated a buy rating and set a $14.00 price target on shares of El Pollo LoCo in a research note on Friday, July 13th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. El Pollo LoCo has a consensus rating of Hold and an average price target of $12.20.
Shares of LOCO opened at $13.20 on Thursday. El Pollo LoCo has a twelve month low of $9.05 and a twelve month high of $14.40. The firm has a market capitalization of $515.43 million, a PE ratio of 20.95, a PEG ratio of 1.26 and a beta of 0.37. The company has a current ratio of 0.51, a quick ratio of 0.47 and a debt-to-equity ratio of 0.31.
El Pollo LoCo (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, August 2nd. The restaurant operator reported $0.22 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.22. El Pollo LoCo had a net margin of 0.85% and a return on equity of 9.33%. The business had revenue of $111.60 million for the quarter, compared to analyst estimates of $111.70 million. During the same period last year, the business earned $0.21 EPS. The company’s revenue was up 5.7% on a year-over-year basis. equities analysts expect that El Pollo LoCo will post 0.71 EPS for the current year.
A number of large investors have recently made changes to their positions in the stock. Connor Clark & Lunn Investment Management Ltd. raised its stake in El Pollo LoCo by 86.7% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,675 shares of the restaurant operator’s stock worth $236,000 after acquiring an additional 9,600 shares in the last quarter. Trexquant Investment LP acquired a new stake in El Pollo LoCo during the 2nd quarter worth $121,000. Engineers Gate Manager LP acquired a new stake in El Pollo LoCo during the 2nd quarter worth $124,000. SG Americas Securities LLC acquired a new stake in El Pollo LoCo during the 2nd quarter worth $128,000. Finally, Aperio Group LLC acquired a new position in El Pollo LoCo in the second quarter valued at $133,000. Hedge funds and other institutional investors own 84.44% of the company’s stock.
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 August 20, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.
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