El Pollo LoCo Holdings Inc (NASDAQ:LOCO) Receives $15.33 Consensus Price Target from Brokerages

Shares of El Pollo LoCo Holdings Inc (NASDAQ:LOCO) have been given an average rating of “Hold” by the six analysts that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $15.67.

A number of research firms have weighed in on LOCO. 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 lifted their price objective on El Pollo LoCo to $14.00 and gave the company a “hold” rating in a report on Friday, November 1st. ValuEngine downgraded El Pollo LoCo from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub downgraded El Pollo LoCo from a “buy” rating to a “hold” rating in a report on Saturday, November 16th. Finally, Zacks Investment Research raised El Pollo LoCo from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a report on Wednesday.

LOCO traded down $0.18 on Friday, hitting $15.98. 306,361 shares of the stock traded hands, compared to its average volume of 463,962. El Pollo LoCo has a 52 week low of $9.60 and a 52 week high of $18.47. 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 firm has a market capitalization of $557.03 million, a PE ratio of 21.59, a P/E/G ratio of 2.22 and a beta of 0.78. The business has a fifty day moving average price of $14.06 and a two-hundred day moving average price of $11.55.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. D. E. Shaw & Co. Inc. boosted its holdings in shares of El Pollo LoCo by 23.6% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 136,904 shares of the restaurant operator’s stock worth $1,459,000 after acquiring an additional 26,144 shares in the last quarter. Morgan Stanley boosted its holdings in shares of El Pollo LoCo by 171.4% in the 2nd quarter. Morgan Stanley now owns 158,175 shares of the restaurant operator’s stock worth $1,686,000 after acquiring an additional 99,901 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of El Pollo LoCo by 3.8% in the 3rd quarter. Rhumbline Advisers now owns 68,238 shares of the restaurant operator’s stock worth $748,000 after acquiring an additional 2,513 shares in the last quarter. Northern Trust Corp boosted 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 worth $2,814,000 after acquiring an additional 7,309 shares in the last quarter. Finally, Hancock Whitney Corp boosted 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 worth $162,000 after acquiring an additional 2,090 shares in the last quarter. 98.86% of the stock is currently owned by institutional investors and hedge funds.

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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