Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO – Get Free Report) have earned a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $17.30.
LOCO has been the subject of a number of research analyst reports. DA Davidson lifted their price objective on shares of El Pollo Loco from $15.00 to $17.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Freedom Capital raised El Pollo Loco to a “strong-buy” rating in a research note on Wednesday, July 1st. Benchmark increased their price target on shares of El Pollo Loco from $18.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Roth Capital initiated coverage on shares of El Pollo Loco in a research report on Friday. They issued a “buy” rating and a $22.00 target price on the stock. Finally, Wall Street Zen cut shares of El Pollo Loco from a “buy” rating to a “hold” rating in a research report on Saturday, August 15th.
Read Our Latest Stock Analysis on El Pollo Loco
Insider Transactions at El Pollo Loco
Institutional Investors Weigh In On El Pollo Loco
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Legal & General Group Plc purchased a new position in shares of El Pollo Loco in the second quarter worth $48,000. State of Wyoming purchased a new stake in El Pollo Loco during the 1st quarter valued at $88,000. Hsbc Holdings PLC purchased a new stake in El Pollo Loco during the 2nd quarter valued at $200,000. Man Group plc purchased a new stake in El Pollo Loco during the 2nd quarter valued at $253,000. Finally, Squarepoint Ops LLC grew its holdings in El Pollo Loco by 60.2% in the 2nd quarter. Squarepoint Ops LLC now owns 18,927 shares of the restaurant operator’s stock worth $321,000 after acquiring an additional 7,113 shares during the last quarter. Institutional investors own 81.28% of the company’s stock.
El Pollo Loco Stock Up 3.3%
LOCO opened at $15.82 on Friday. The company’s 50-day moving average price is $15.04 and its two-hundred day moving average price is $14.95. El Pollo Loco has a twelve month low of $8.98 and a twelve month high of $17.40. The stock has a market cap of $481.40 million, a price-to-earnings ratio of 13.93 and a beta of 0.77. The company has a quick ratio of 0.38, a current ratio of 0.41 and a debt-to-equity ratio of 0.10.
El Pollo Loco (NASDAQ:LOCO – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.02. The business had revenue of $129.57 million for the quarter, compared to analysts’ expectations of $130.29 million. El Pollo Loco had a return on equity of 10.87% and a net margin of 6.96%. As a group, equities analysts expect that El Pollo Loco will post 0.99 earnings per share for the current year.
El Pollo Loco Company Profile
El Pollo Loco Holdings, Inc operates and franchises quick-service restaurants under the El Pollo Loco brand. The company specializes in Mexican-inspired meals centered on citrus-marinated, fire-grilled chicken, prepared using traditional cooking methods. Its menu includes chicken meals, burritos, tacos, quesadillas, salads, bowls, family meals and a variety of side dishes, beverages and desserts.
El Pollo Loco was founded in 1975 in Guasave, Sinaloa, Mexico, and opened its first restaurant in the United States in 1980.
See Also
- Five stocks we like better than El Pollo Loco
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Receive News & Ratings for El Pollo Loco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco and related companies with MarketBeat.com's FREE daily email newsletter.
