El Pollo LoCo (LOCO) Issues FY 2019 Earnings Guidance

El Pollo LoCo (NASDAQ:LOCO) updated its FY 2019 earnings guidance on Thursday. The company provided EPS guidance of $0.70-0.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.80.

A number of research firms have issued reports on LOCO. BidaskClub downgraded El Pollo LoCo from a buy rating to a hold rating in a research note on Thursday, February 14th. Zacks Investment Research downgraded El Pollo LoCo from a buy rating to a hold rating in a research note on Friday, January 4th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $14.50.

El Pollo LoCo stock opened at $15.05 on Friday. El Pollo LoCo has a 52 week low of $9.20 and a 52 week high of $18.47. The company has a current ratio of 0.42, a quick ratio of 0.38 and a debt-to-equity ratio of 0.25. The company has a market cap of $588.00 million, a price-to-earnings ratio of 23.89, a PEG ratio of 1.91 and a beta of 0.37.

El Pollo LoCo (NASDAQ:LOCO) last posted its earnings results on Thursday, March 7th. The restaurant operator reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.02. El Pollo LoCo had a net margin of 3.38% and a return on equity of 9.77%. As a group, sell-side analysts expect that El Pollo LoCo will post 0.72 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: This article was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright law. The original version of this article can be viewed at https://www.dispatchtribunal.com/2019/03/08/el-pollo-loco-loco-issues-fy-2019-earnings-guidance.html.

About El Pollo LoCo

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 December 06, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

Featured Article: Technical Analysis

Receive News & Ratings for El Pollo LoCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo LoCo and related companies with MarketBeat.com's FREE daily email newsletter.