Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO – Get Free Report) have earned a consensus rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $14.8750.
Several research analysts recently commented on the stock. Truist Financial boosted their price objective on shares of El Pollo Loco from $12.00 to $13.00 and gave the stock a “hold” rating in a research note on Friday, March 13th. DA Davidson boosted their price objective on shares of El Pollo Loco from $13.00 to $15.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. William Blair restated a “market perform” rating on shares of El Pollo Loco in a research note on Friday, March 13th. Benchmark raised their price target on shares of El Pollo Loco from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Weiss Ratings raised shares of El Pollo Loco from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th.
Get Our Latest Research Report on LOCO
El Pollo Loco Trading Up 1.1%
El Pollo Loco (NASDAQ:LOCO – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The restaurant operator reported $0.28 EPS for the quarter, topping the consensus estimate of $0.22 by $0.06. The firm had revenue of $126.18 million during the quarter, compared to analyst estimates of $122.02 million. El Pollo Loco had a net margin of 5.87% and a return on equity of 11.04%. As a group, sell-side analysts forecast that El Pollo Loco will post 0.95 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Lazard Asset Management LLC raised its holdings in shares of El Pollo Loco by 0.8% in the first quarter. Lazard Asset Management LLC now owns 110,667 shares of the restaurant operator’s stock worth $1,534,000 after buying an additional 895 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of El Pollo Loco by 11.1% in the fourth quarter. SG Americas Securities LLC now owns 12,212 shares of the restaurant operator’s stock worth $128,000 after buying an additional 1,217 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of El Pollo Loco by 85.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,862 shares of the restaurant operator’s stock worth $43,000 after buying an additional 1,774 shares during the last quarter. Ballentine Partners LLC raised its holdings in shares of El Pollo Loco by 17.7% in the third quarter. Ballentine Partners LLC now owns 13,590 shares of the restaurant operator’s stock worth $132,000 after buying an additional 2,048 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of El Pollo Loco by 11.5% in the third quarter. Sei Investments Co. now owns 20,413 shares of the restaurant operator’s stock worth $198,000 after buying an additional 2,100 shares during the last quarter. Hedge funds and other institutional investors own 81.28% of the company’s stock.
About El Pollo Loco
El Pollo Loco (NASDAQ: LOCO) is a fast-casual restaurant chain specializing in Mexican-style fire-grilled chicken and complementary menu offerings. The company’s signature product is its marinated, flame-grilled chicken, which is prepared in an open-flame rotisserie and served in a variety of formats including tacos, burritos, bowls and salads. In addition to its core chicken offerings, El Pollo Loco menu items feature fresh-made salsas, guacamole, sides such as charro beans and fresh tortillas, as well as a selection of beverages and desserts.
Founded in 1975 in Guasave, Sinaloa, Mexico, by Juan Francisco Ochoa, the concept expanded into the United States in 1980 with its first U.S.
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