Shares of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) have received an average recommendation of “Hold” from the six brokerages that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $15.50.
Several analysts have recently issued reports on the stock. ValuEngine lowered shares of El Pollo LoCo from a “hold” rating to a “sell” rating in a research note on Tuesday, July 2nd. Zacks Investment Research lowered shares of El Pollo LoCo from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, BidaskClub upgraded shares of El Pollo LoCo from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 3rd.
Shares of NASDAQ LOCO traded down $0.16 during trading on Thursday, hitting $10.78. The stock had a trading volume of 415,801 shares, compared to its average volume of 492,390. El Pollo LoCo has a 12 month low of $9.60 and a 12 month high of $18.47. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $403.03 million, a P/E ratio of 14.57, a PEG ratio of 1.53 and a beta of 0.46. The company’s fifty day moving average price is $10.50.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its position in El Pollo LoCo by 20.9% during the fourth quarter. Bank of New York Mellon Corp now owns 317,185 shares of the restaurant operator’s stock valued at $4,812,000 after buying an additional 54,801 shares during the period. Dimensional Fund Advisors LP grew its position in El Pollo LoCo by 4.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,036,011 shares of the restaurant operator’s stock valued at $30,886,000 after buying an additional 92,703 shares during the period. Municipal Employees Retirement System of Michigan bought a new position in El Pollo LoCo during the fourth quarter valued at about $97,000. Martingale Asset Management L P grew its position in El Pollo LoCo by 98.1% during the first quarter. Martingale Asset Management L P now owns 136,311 shares of the restaurant operator’s stock valued at $1,774,000 after buying an additional 67,506 shares during the period. Finally, Millennium Management LLC grew its position in El Pollo LoCo by 13.8% during the fourth quarter. Millennium Management LLC now owns 147,524 shares of the restaurant operator’s stock valued at $2,238,000 after buying an additional 17,924 shares during the period. Institutional investors own 96.75% 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.
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