BidaskClub upgraded shares of El Pollo LoCo (NASDAQ:LOCO) from a strong sell rating to a sell rating in a report issued on Saturday morning, BidAskClub reports.
Several other research firms have also recently weighed in on LOCO. Zacks Investment Research cut El Pollo LoCo from a hold rating to a sell rating in a report on Wednesday, September 4th. ValuEngine cut El Pollo LoCo from a hold rating to a sell rating in a report on Tuesday, July 2nd. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of $17.00.
LOCO opened at $11.29 on Friday. The company has a market capitalization of $395.27 million, a PE ratio of 15.26, a price-to-earnings-growth ratio of 1.53 and a beta of 0.51. The firm has a 50-day simple moving average of $10.35 and a two-hundred day simple moving average of $11.54. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.08. El Pollo LoCo has a 52 week low of $9.60 and a 52 week high of $18.47.
El Pollo LoCo (NASDAQ:LOCO) last issued its earnings results on Thursday, August 1st. The restaurant operator reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.21 by $0.02. The firm had revenue of $113.74 million for the quarter, compared to analysts’ expectations of $113.74 million. El Pollo LoCo had a positive return on equity of 10.49% and a negative net margin of 0.36%. The business’s revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.22 earnings per share. As a group, sell-side analysts expect that El Pollo LoCo will post 0.7 earnings per share for the current year.
Hedge funds have recently added to or reduced their stakes in the business. Bank of Montreal Can bought a new position in El Pollo LoCo during the second quarter valued at $29,000. BNP Paribas Arbitrage SA increased its holdings in shares of El Pollo LoCo by 253.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,981 shares of the restaurant operator’s stock worth $65,000 after buying an additional 3,573 shares during the last quarter. United Services Automobile Association increased its holdings in shares of El Pollo LoCo by 12.4% in the 2nd quarter. United Services Automobile Association now owns 11,566 shares of the restaurant operator’s stock worth $123,000 after buying an additional 1,276 shares during the last quarter. Alambic Investment Management L.P. purchased a new stake in shares of El Pollo LoCo during the 1st quarter valued at about $141,000. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of El Pollo LoCo during the 1st quarter valued at about $144,000. Institutional investors and hedge funds own 95.55% 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 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 Article: What is the Russell 2000 Index?
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.