El Pollo LoCo (NASDAQ:LOCO) Issues Earnings Results

El Pollo LoCo (NASDAQ:LOCO) issued its quarterly earnings results on Thursday. The restaurant operator reported $0.23 EPS for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.02, Bloomberg Earnings reports. El Pollo LoCo had a positive return on equity of 10.29% and a negative net margin of 2.42%. The company had revenue of $113.74 million during the quarter, compared to analysts’ expectations of $113.74 million. During the same quarter in the previous year, the firm posted $0.22 EPS. The firm’s revenue was up 1.9% compared to the same quarter last year. El Pollo LoCo updated its FY 2019 guidance to $0.69-0.72 EPS and its FY19 guidance to $0.69 to $0.72 EPS.

Shares of NASDAQ LOCO traded up $1.31 during trading on Friday, reaching $11.10. 1,832,103 shares of the company traded hands, compared to its average volume of 356,050. The company has a fifty day moving average price of $10.51. The firm has a market cap of $378.18 million, a PE ratio of 15.00, a P/E/G ratio of 1.39 and a beta of 0.46. El Pollo LoCo has a 12-month low of $9.60 and a 12-month high of $18.47. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.26 and a current ratio of 0.28.

A number of research firms have weighed in on LOCO. BidaskClub upgraded El Pollo LoCo from a “strong sell” rating to a “sell” rating in a research note on Saturday. Zacks Investment Research upgraded El Pollo LoCo from a “sell” rating to a “hold” rating in a research note on Wednesday, July 3rd. Finally, ValuEngine lowered El Pollo LoCo from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $17.00.

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 offers citrus-marinated, flame-grilled chicken, and handcrafted entrée products, including specialty chicken burritos, chicken quesadillas, and chicken tortilla soup, as well as under 500 calorie entrees, and Pollo Bowl and Pollo salad products.

Featured Story: Why is the LIBOR significant?

Earnings History for El Pollo LoCo (NASDAQ:LOCO)

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.