El Pollo LoCo (NASDAQ:LOCO) updated its FY19 earnings guidance on Thursday. The company provided earnings per share guidance of $0.69 to $0.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.71. El Pollo LoCo also updated its FY 2019 guidance to $0.69-0.72 EPS.
A number of brokerages have recently issued reports on LOCO. ValuEngine cut shares of El Pollo LoCo from a hold rating to a sell rating in a research note on Tuesday, July 2nd. BidaskClub raised shares of El Pollo LoCo from a strong sell rating to a sell rating in a research note on Saturday. Finally, Zacks Investment Research raised shares of El Pollo LoCo from a sell rating to a hold rating in a research note on Wednesday, July 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company’s stock. El Pollo LoCo presently has an average rating of Hold and an average target price of $17.00.
Shares of NASDAQ:LOCO traded up $1.31 during midday trading on Friday, reaching $11.10. 1,832,103 shares of the company were exchanged, compared to its average volume of 385,041. The company has a current ratio of 0.28, a quick ratio of 0.26 and a debt-to-equity ratio of 1.03. The company’s fifty day moving average is $10.51. El Pollo LoCo has a one year low of $9.60 and a one year high of $18.47. The firm has a market capitalization of $376.26 million, a PE ratio of 15.00, a PEG ratio of 1.38 and a beta of 0.46.
El Pollo LoCo (NASDAQ:LOCO) last issued its earnings results on Thursday, August 1st. The restaurant operator reported $0.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.02. El Pollo LoCo had a negative net margin of 0.36% and a positive return on equity of 10.40%. The firm had revenue of $113.74 million during the quarter, compared to analyst estimates of $113.74 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. El Pollo LoCo’s revenue for the quarter was up 1.9% on a year-over-year basis. As a group, sell-side analysts forecast that El Pollo LoCo will post 0.7 earnings per share for the current fiscal year.
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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