El Pollo LoCo Holdings Inc (LOCO) Receives $13.00 Average PT from Brokerages
Shares of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) have received a consensus rating of “Hold” from the seven analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $13.00.
Several brokerages recently issued reports on LOCO. SunTrust Banks reaffirmed a “hold” rating and set a $12.00 target price on shares of El Pollo LoCo in a research report on Friday, November 3rd. Robert W. Baird lowered their target price on El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, November 3rd. Finally, Zacks Investment Research raised El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Saturday, September 23rd.
A number of large investors have recently made changes to their positions in LOCO. BNP Paribas Arbitrage SA raised its position in El Pollo LoCo by 103.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 11,188 shares of the restaurant operator’s stock worth $136,000 after purchasing an additional 5,678 shares during the last quarter. Garner Asset Management Corp bought a new position in shares of El Pollo LoCo in the 2nd quarter worth about $145,000. Virtu KCG Holdings LLC bought a new position in shares of El Pollo LoCo in the 2nd quarter worth about $157,000. Thrivent Financial For Lutherans raised its position in shares of El Pollo LoCo by 6.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock worth $179,000 after acquiring an additional 790 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of El Pollo LoCo by 849.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock worth $206,000 after acquiring an additional 15,252 shares in the last quarter. 78.11% of the stock is owned by institutional investors and hedge funds.
Shares of El Pollo LoCo (NASDAQ:LOCO) traded down $0.10 on Wednesday, hitting $10.30. The stock had a trading volume of 525,253 shares, compared to its average volume of 328,214. The company has a market cap of $398.11, a PE ratio of 44.78, a price-to-earnings-growth ratio of 1.01 and a beta of 0.31. The company has a quick ratio of 0.31, a current ratio of 0.35 and a debt-to-equity ratio of 0.31. El Pollo LoCo has a one year low of $9.55 and a one year high of $14.85.
El Pollo LoCo (NASDAQ:LOCO) last announced its earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.03). The company had revenue of $101.16 million for the quarter, compared to the consensus estimate of $103.71 million. El Pollo LoCo had a return on equity of 9.14% and a net margin of 2.27%. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.18 earnings per share. research analysts anticipate that El Pollo LoCo will post 0.62 earnings per share for the current fiscal year.
El Pollo LoCo Company Profile
El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.
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