ValuEngine downgraded shares of El Pollo LoCo (NASDAQ:LOCO) from a buy rating to a hold rating in a research report sent to investors on Tuesday, ValuEngine reports.

LOCO has been the topic of several other research reports. Zacks Investment Research upgraded El Pollo LoCo from a hold rating to a buy rating and set a $17.00 price target on the stock in a research note on Tuesday, November 26th. Guggenheim set a $15.00 price objective on El Pollo LoCo and gave the company a buy rating in a report on Friday, November 1st. SunTrust Banks raised their price objective on El Pollo LoCo to $14.00 and gave the stock a hold rating in a research note on Friday, November 1st. Finally, BidaskClub downgraded El Pollo LoCo from a buy rating to a hold rating in a report on Saturday, November 16th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of Buy and an average target price of $15.67.

Shares of NASDAQ LOCO traded up $0.15 during midday trading on Tuesday, reaching $15.98. The company had a trading volume of 534,638 shares, compared to its average volume of 463,898. El Pollo LoCo has a 1 year low of $9.60 and a 1 year high of $18.47. The business’s 50-day simple moving average is $14.24 and its 200 day simple moving average is $11.60. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 1.25. The stock has a market cap of $557.03 million, a P/E ratio of 21.59, a P/E/G ratio of 2.22 and a beta of 0.78.

El Pollo LoCo (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. El Pollo LoCo had a negative net margin of 0.46% and a positive return on equity of 10.85%. The firm had revenue of $112.10 million for the quarter, compared to analyst estimates of $110.21 million. During the same period in the previous year, the company earned $0.19 earnings per share. The business’s quarterly revenue was down .1% compared to the same quarter last year. Analysts predict that El Pollo LoCo will post 0.73 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. raised its holdings in shares of El Pollo LoCo by 23.6% during the second quarter. D. E. Shaw & Co. Inc. now owns 136,904 shares of the restaurant operator’s stock worth $1,459,000 after purchasing an additional 26,144 shares during the last quarter. Morgan Stanley raised its stake in shares of El Pollo LoCo by 171.4% during the 2nd quarter. Morgan Stanley now owns 158,175 shares of the restaurant operator’s stock valued at $1,686,000 after buying an additional 99,901 shares during the last quarter. Rhumbline Advisers raised its stake in shares of El Pollo LoCo by 3.8% during the 3rd quarter. Rhumbline Advisers now owns 68,238 shares of the restaurant operator’s stock valued at $748,000 after buying an additional 2,513 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of El Pollo LoCo by 2.8% in the 2nd quarter. Northern Trust Corp now owns 263,938 shares of the restaurant operator’s stock valued at $2,814,000 after buying an additional 7,309 shares during the period. Finally, Hancock Whitney Corp lifted its holdings in shares of El Pollo LoCo by 16.5% in the 3rd quarter. Hancock Whitney Corp now owns 14,761 shares of the restaurant operator’s stock valued at $162,000 after buying an additional 2,090 shares during the period. Hedge funds and other institutional investors own 98.86% of the company’s stock.

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 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.

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