Wall Street analysts forecast that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will announce sales of $109.39 million for the current quarter, Zacks reports. Three analysts have issued estimates for El Pollo LoCo’s earnings, with the highest sales estimate coming in at $111.09 million and the lowest estimate coming in at $108.50 million. El Pollo LoCo reported sales of $101.16 million in the same quarter last year, which indicates a positive year over year growth rate of 8.1%. The company is expected to issue its next earnings results on Thursday, November 1st.

On average, analysts expect that El Pollo LoCo will report full-year sales of $429.20 million for the current fiscal year, with estimates ranging from $426.37 million to $432.93 million. For the next fiscal year, analysts anticipate that the business will post sales of $444.47 million per share, with estimates ranging from $436.70 million to $455.84 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last issued its earnings results on Thursday, August 2nd. The restaurant operator reported $0.22 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.22. The firm had revenue of $111.60 million during the quarter, compared to analyst estimates of $111.70 million. El Pollo LoCo had a net margin of 0.85% and a return on equity of 9.33%. The business’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.21 earnings per share.

A number of analysts have recently issued reports on the stock. TheStreet raised shares of El Pollo LoCo from a “c” rating to a “b-” rating in a research note on Friday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $14.00 price objective on shares of El Pollo LoCo in a research note on Friday, July 13th. ValuEngine raised shares of El Pollo LoCo from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 26th. Zacks Investment Research raised shares of El Pollo LoCo from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Tuesday, July 17th. Finally, BidaskClub raised shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a research note on Friday, June 22nd. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $12.20.

A number of large investors have recently added to or reduced their stakes in LOCO. BlackRock Inc. lifted its position in shares of El Pollo LoCo by 2.5% during the fourth quarter. BlackRock Inc. now owns 2,869,119 shares of the restaurant operator’s stock valued at $28,404,000 after buying an additional 69,526 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of 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 acquiring an additional 14,872 shares in the last quarter. Two Sigma Advisers LP increased its holdings in shares of El Pollo LoCo by 5.1% during the fourth quarter. Two Sigma Advisers LP now owns 214,438 shares of the restaurant operator’s stock valued at $2,123,000 after acquiring an additional 10,338 shares in the last quarter. Personal Capital Advisors Corp increased its holdings in shares of 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 acquiring an additional 181,392 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in shares of El Pollo LoCo by 415.1% during the fourth quarter. Deutsche Bank AG now owns 170,069 shares of the restaurant operator’s stock valued at $1,682,000 after acquiring an additional 137,051 shares in the last quarter. 83.35% of the stock is owned by institutional investors.

Shares of LOCO remained flat at $$11.60 during trading hours on Tuesday. 154,757 shares of the stock were exchanged, compared to its average volume of 237,108. The stock has a market capitalization of $447.86 million, a price-to-earnings ratio of 17.85, a P/E/G ratio of 1.10 and a beta of 0.35. El Pollo LoCo has a 1 year low of $9.05 and a 1 year high of $12.55. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.51 and a quick ratio of 0.34.

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 July 2, 2018, it had approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

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