Equities research analysts expect El Pollo LoCo Holdings Inc (NASDAQ:LOCO) to report $112.09 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for El Pollo LoCo’s earnings. The highest sales estimate is $113.39 million and the lowest is $110.50 million. El Pollo LoCo reported sales of $112.07 million in the same quarter last year, which would suggest a positive year over year growth rate of 0%. The firm is expected to report its next earnings report on Thursday, October 29th.
According to Zacks, analysts expect that El Pollo LoCo will report full year sales of $434.12 million for the current fiscal year, with estimates ranging from $431.51 million to $436.95 million. For the next fiscal year, analysts anticipate that the company will report sales of $452.04 million, with estimates ranging from $441.80 million to $466.02 million. Zacks Investment Research’s sales averages are an average based on a survey of analysts that follow El Pollo LoCo.
El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings results on Thursday, July 30th. The restaurant operator reported $0.20 EPS for the quarter, beating the consensus estimate of $0.05 by $0.15. El Pollo LoCo had a net margin of 4.48% and a return on equity of 10.44%. The business had revenue of $99.60 million during the quarter, compared to analyst estimates of $96.64 million.
A number of research analysts have recently issued reports on LOCO shares. BidaskClub downgraded shares of El Pollo LoCo from a “hold” rating to a “sell” rating in a research report on Tuesday, September 22nd. TheStreet raised shares of El Pollo LoCo from a “c” rating to a “b-” rating in a research report on Friday, August 7th. William Blair reaffirmed a “market perform” rating on shares of El Pollo LoCo in a research report on Monday, July 20th. Finally, Zacks Investment Research raised shares of El Pollo LoCo from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $15.67.
In other El Pollo LoCo news, CFO Laurance Roberts sold 13,600 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $17.75, for a total transaction of $241,400.00. Following the sale, the chief financial officer now owns 109,096 shares of the company’s stock, valued at approximately $1,936,454. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 49.70% of the stock is currently owned by insiders.
Several hedge funds have recently added to or reduced their stakes in LOCO. Principal Financial Group Inc. grew its holdings in shares of El Pollo LoCo by 5.9% during the second quarter. Principal Financial Group Inc. now owns 156,895 shares of the restaurant operator’s stock worth $2,316,000 after buying an additional 8,690 shares in the last quarter. Quadrature Capital Ltd purchased a new stake in shares of El Pollo LoCo in the second quarter valued at about $180,000. Nuveen Asset Management LLC grew its holdings in shares of El Pollo LoCo by 7.4% in the second quarter. Nuveen Asset Management LLC now owns 163,282 shares of the restaurant operator’s stock valued at $2,410,000 after purchasing an additional 11,215 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of El Pollo LoCo by 4.6% in the second quarter. Charles Schwab Investment Management Inc. now owns 124,393 shares of the restaurant operator’s stock valued at $1,837,000 after purchasing an additional 5,460 shares during the period. Finally, Intrinsic Edge Capital Management LLC purchased a new stake in shares of El Pollo LoCo in the second quarter valued at about $297,000. 97.11% of the stock is currently owned by institutional investors and hedge funds.
Shares of El Pollo LoCo stock traded up $0.02 on Thursday, reaching $15.44. The stock had a trading volume of 282,183 shares, compared to its average volume of 376,661. The company has a 50 day moving average price of $17.07 and a 200 day moving average price of $13.98. The company has a quick ratio of 1.18, a current ratio of 1.21 and a debt-to-equity ratio of 0.54. El Pollo LoCo has a 1 year low of $6.15 and a 1 year high of $19.90. The stock has a market capitalization of $554.64 million, a P/E ratio of 28.59 and a beta of 1.53.
El Pollo LoCo Company Profile
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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