El Pollo Loco Holdings, Inc. (LOCO) Receives $14.33 Average Target Price from Brokerages
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) has earned an average rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $14.33.
Several equities analysts have issued reports on LOCO shares. Zacks Investment Research raised shares of El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. Jefferies Group LLC reissued a “buy” rating and set a $15.00 price objective on shares of El Pollo Loco Holdings in a report on Tuesday, August 22nd. Finally, BidaskClub downgraded shares of El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th.
El Pollo Loco Holdings (LOCO) remained flat at $12.20 on Friday. The company had a trading volume of 92,897 shares. El Pollo Loco Holdings has a 52-week low of $10.08 and a 52-week high of $14.85. The company’s 50 day moving average is $11.65 and its 200 day moving average is $12.72. The company has a market capitalization of $471.54 million, a price-to-earnings ratio of 26.52 and a beta of 0.36.
El Pollo Loco Holdings (NASDAQ:LOCO) last issued its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.01. The company had revenue of $105.60 million for the quarter, compared to analyst estimates of $105.83 million. El Pollo Loco Holdings had a net margin of 4.66% and a return on equity of 9.56%. El Pollo Loco Holdings’s revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company posted $0.19 earnings per share. On average, equities analysts forecast that El Pollo Loco Holdings will post $0.67 earnings per share for the current year.
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Hedge funds have recently modified their holdings of the company. Arizona State Retirement System lifted its holdings in shares of El Pollo Loco Holdings by 0.9% in the 1st quarter. Arizona State Retirement System now owns 11,200 shares of the restaurant operator’s stock worth $134,000 after acquiring an additional 100 shares during the last quarter. Thrivent Financial For Lutherans raised its holdings in shares of El Pollo Loco Holdings by 4.3% in the 1st quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock valued at $145,000 after purchasing an additional 500 shares in the last quarter. Garner Asset Management Corp acquired a new stake in shares of El Pollo Loco Holdings in the 2nd quarter valued at $145,000. Virtu KCG Holdings LLC acquired a new stake in shares of El Pollo Loco Holdings in the 2nd quarter valued at $157,000. Finally, Hartford Investment Management Co. acquired a new stake in shares of El Pollo Loco Holdings in the 2nd quarter valued at $187,000. Hedge funds and other institutional investors own 77.16% of the company’s stock.
El Pollo Loco Holdings Company Profile
El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.
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