El Pollo Loco Holdings Inc. (LOCO) Stock Price Down 6.3%
Shares of El Pollo Loco Holdings Inc. (NASDAQ:LOCO) fell 6.3% during mid-day trading on Tuesday . The company traded as low as $12.41 and last traded at $12.45, with a volume of 310,407 shares. The stock had previously closed at $13.28.
Several analysts have recently weighed in on the company. Robert W. Baird reissued a “hold” rating on shares of El Pollo Loco Holdings in a report on Monday, May 16th. Jefferies Group reissued a “buy” rating and issued a $17.00 target price on shares of El Pollo Loco Holdings in a report on Friday, May 6th. Zacks Investment Research downgraded El Pollo Loco Holdings from a “hold” rating to a “sell” rating in a report on Thursday, July 14th. Vetr downgraded El Pollo Loco Holdings from a “hold” rating to a “sell” rating and set a $12.74 target price for the company. in a report on Monday, July 11th. Finally, Stifel Nicolaus downgraded El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 26th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $15.53.
The company has a market cap of $498.34 million and a PE ratio of 22.05. The stock’s 50-day moving average is $12.87 and its 200 day moving average is $12.60.
A hedge fund recently bought a new stake in El Pollo Loco Holdings stock. Whitebox Advisors LLC purchased a new stake in shares of El Pollo Loco Holdings Inc. (NASDAQ:LOCO) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 147,202 shares of the company’s stock, valued at approximately $1,859,000. Whitebox Advisors LLC owned approximately 0.38% of El Pollo Loco Holdings at the end of the most recent quarter.
El Pollo Loco Holdings, Inc is a restaurant concept that offers fire-grilling citrus-marinated chicken. The Company operates in the limited service restaurant segment. The Company’s activities are conducted through its subsidiary, El Pollo Loco, Inc (EPL), which develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.