El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) – Equities researchers at SunTrust Banks reduced their Q4 2017 earnings per share (EPS) estimates for El Pollo Loco Holdings in a note issued to investors on Wednesday. SunTrust Banks analyst J. Bartlett now forecasts that the restaurant operator will post earnings of $0.14 per share for the quarter, down from their previous estimate of $0.15.

El Pollo Loco Holdings (NASDAQ:LOCO) last issued its earnings results on Thursday, May 4th. The restaurant operator reported $0.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.02. El Pollo Loco Holdings had a net margin of 4.61% and a return on equity of 9.51%. The company had revenue of $99.80 million for the quarter, compared to the consensus estimate of $100.02 million. During the same quarter in the previous year, the company earned $0.17 EPS. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year.

COPYRIGHT VIOLATION WARNING: This news story was reported by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/07/21/q4-2017-eps-estimates-for-el-pollo-loco-holdings-inc-reduced-by-analyst-nasdaqloco.html.

A number of other research analysts have also recently commented on LOCO. Zacks Investment Research upgraded El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, March 30th. TheStreet upgraded El Pollo Loco Holdings from a “d+” rating to a “c-” rating in a research report on Thursday, April 20th. Robert W. Baird lifted their target price on El Pollo Loco Holdings from $14.00 to $15.00 and gave the company a “neutral” rating in a research report on Friday, June 9th. Finally, Jefferies Group LLC reiterated a “buy” rating on shares of El Pollo Loco Holdings in a research report on Wednesday. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. El Pollo Loco Holdings presently has a consensus rating of “Hold” and an average price target of $15.25.

Shares of El Pollo Loco Holdings (NASDAQ LOCO) traded up 0.577% during midday trading on Friday, hitting $13.075. 84,309 shares of the stock traded hands. The company has a market capitalization of $502.96 million, a P/E ratio of 29.056 and a beta of 0.33. El Pollo Loco Holdings has a 1-year low of $10.08 and a 1-year high of $14.85. The stock has a 50 day moving average of $13.83 and a 200 day moving average of $12.86.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LOCO. Creative Planning boosted its position in El Pollo Loco Holdings by 2,967.5% in the second quarter. Creative Planning now owns 18,405 shares of the restaurant operator’s stock worth $255,000 after buying an additional 17,805 shares in the last quarter. Bank of Montreal Can boosted its position in El Pollo Loco Holdings by 1,046.4% in the second quarter. Bank of Montreal Can now owns 173,100 shares of the restaurant operator’s stock worth $2,398,000 after buying an additional 158,000 shares in the last quarter. Engine Capital Management LLC acquired a new position in El Pollo Loco Holdings during the first quarter worth about $239,000. Highbridge Capital Management LLC acquired a new position in El Pollo Loco Holdings during the first quarter worth about $533,000. Finally, Bank of America Corp DE boosted its position in El Pollo Loco Holdings by 8.8% in the first quarter. Bank of America Corp DE now owns 118,410 shares of the restaurant operator’s stock worth $1,415,000 after buying an additional 9,550 shares in the last quarter. Hedge funds and other institutional investors own 77.26% 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.

Earnings History and Estimates for El Pollo Loco Holdings (NASDAQ:LOCO)

Receive News & Ratings for El Pollo Loco Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.