Analysts Set El Pollo LoCo Holdings Inc (NASDAQ:LOCO) PT at $15.50

Share on StockTwits

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.

El Pollo LoCo (NASDAQ:LOCO) last posted 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. El Pollo LoCo had a negative net margin of 0.36% and a positive return on equity of 10.49%. 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 posted $0.22 EPS. The business’s revenue was up 1.9% compared to the same quarter last year. On average, research analysts predict that El Pollo LoCo will post 0.7 earnings per share for the current year.

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.

Recommended Story: Trading Strategy

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.