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.
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