El Pollo LoCo Holdings (LOCO) to Release Quarterly Earnings on Thursday
El Pollo LoCo Holdings (NASDAQ:LOCO) is scheduled to announce its Q214 earnings results on Thursday, September 4th.
Shares of El Pollo LoCo Holdings (NASDAQ:LOCO) opened at 36.02 on Wednesday. El Pollo LoCo Holdings has a 52-week low of $18.48 and a 52-week high of $41.70. The stock’s 50-day moving average is $33.55 and its 200-day moving average is $33.55. The company’s market cap is $1.292 billion. El Pollo LoCo Holdings also was the recipient of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 2,071,978 shares, a growth of 130.2% from the July 31st total of 900,173 shares. Based on an average trading volume of 5,456,882 shares, the short-interest ratio is presently 0.4 days. Approximately 34.6% of the shares of the company are short sold.
A number of analysts have recently weighed in on LOCO shares. Analysts at Stifel Nicolaus initiated coverage on shares of El Pollo LoCo Holdings in a research note on Tuesday, August 19th. They set a “hold” rating and a $30.00 price target on the stock. On a related note, analysts at William Blair initiated coverage on shares of El Pollo LoCo Holdings in a research note on Tuesday, August 19th. They set an “outperform” rating on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of El Pollo LoCo Holdings in a research note on Tuesday, August 19th. They set an “underweight” rating and a $22.00 price target on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $28.50.
El Pollo Loco Holdings, Inc (NASDAQ:LOCO) develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco and operates under one business segment.
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