El Pollo LoCo Holdings Inc (NASDAQ:LOCO) has received an average recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $12.25.
A number of research firms have recently issued reports on LOCO. BidaskClub raised El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Friday, May 18th. ValuEngine downgraded El Pollo LoCo from a “sell” rating to a “strong sell” rating in a research report on Monday, May 14th. Morgan Stanley reissued an “equal weight” rating and set a $11.00 price target (down previously from $12.00) on shares of El Pollo LoCo in a research report on Monday, March 12th. Finally, SunTrust Banks set a $11.00 price objective on El Pollo LoCo and gave the company a “hold” rating in a research report on Thursday, March 8th.
A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. boosted its position in El Pollo LoCo by 6.9% during the first quarter. BlackRock Inc. now owns 3,068,175 shares of the restaurant operator’s stock valued at $29,148,000 after purchasing an additional 199,056 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in El Pollo LoCo by 44.1% during the first quarter. Dimensional Fund Advisors LP now owns 1,388,326 shares of the restaurant operator’s stock valued at $13,189,000 after purchasing an additional 424,928 shares in the last quarter. Bank of New York Mellon Corp boosted its position in El Pollo LoCo by 5.7% during the fourth quarter. Bank of New York Mellon Corp now owns 276,069 shares of the restaurant operator’s stock valued at $2,732,000 after purchasing an additional 14,872 shares in the last quarter. Prudential Financial Inc. boosted its position in El Pollo LoCo by 259.4% during the first quarter. Prudential Financial Inc. now owns 268,511 shares of the restaurant operator’s stock valued at $2,551,000 after purchasing an additional 193,790 shares in the last quarter. Finally, Personal Capital Advisors Corp boosted its position in El Pollo LoCo by 226.5% during the first quarter. Personal Capital Advisors Corp now owns 261,493 shares of the restaurant operator’s stock valued at $2,484,000 after purchasing an additional 181,392 shares in the last quarter. 83.55% of the stock is currently owned by institutional investors.
Shares of El Pollo LoCo traded up $0.05, reaching $10.80, during midday trading on Friday, according to Marketbeat Ratings. 173,756 shares of the stock were exchanged, compared to its average volume of 393,075. El Pollo LoCo has a 52 week low of $9.05 and a 52 week high of $14.70. The company has a current ratio of 0.38, a quick ratio of 0.34 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $413.41 million, a price-to-earnings ratio of 17.14, a PEG ratio of 1.02 and a beta of 0.34.
El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings results on Thursday, May 3rd. The restaurant operator reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.01. El Pollo LoCo had a return on equity of 9.19% and a net margin of 1.54%. The business had revenue of $105.76 million for the quarter, compared to the consensus estimate of $103.27 million. During the same quarter in the prior year, the company earned $0.16 EPS. The business’s revenue was up 6.0% compared to the same quarter last year. equities research analysts predict that El Pollo LoCo will post 0.7 EPS for the current year.
About El Pollo LoCo
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 specializes in offering flame-grilled chicken. As of March 8, 2018, it had approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, and Utah.
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