El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) was downgraded by BidaskClub from a “buy” rating to a “hold” rating in a report issued on Wednesday.

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

El Pollo Loco Holdings (LOCO) remained flat at $13.00 on Wednesday. The stock had a trading volume of 191,343 shares. The firm has a 50-day moving average of $13.83 and a 200-day moving average of $12.86. The firm has a market cap of $500.07 million, a price-to-earnings ratio of 28.89 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.

El Pollo Loco Holdings (NASDAQ:LOCO) last released its quarterly earnings data on Thursday, May 4th. The restaurant operator reported $0.16 EPS for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.02. The company had revenue of $99.80 million during the quarter, compared to the consensus estimate of $100.02 million. El Pollo Loco Holdings had a net margin of 4.61% and a return on equity of 9.51%. El Pollo Loco Holdings’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.17 EPS. Equities analysts forecast that El Pollo Loco Holdings will post $0.68 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “El Pollo Loco Holdings, Inc. (LOCO) Stock Rating Lowered by BidaskClub” was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.americanbankingnews.com/2017/07/23/el-pollo-loco-holdings-inc-loco-stock-rating-lowered-by-bidaskclub.html.

Several hedge funds have recently bought and sold shares of the stock. State Street Corp boosted its stake in El Pollo Loco Holdings by 10.1% in the fourth quarter. State Street Corp now owns 380,158 shares of the restaurant operator’s stock valued at $4,679,000 after buying an additional 34,822 shares during the period. Comerica Bank boosted its stake in El Pollo Loco Holdings by 6.4% in the fourth quarter. Comerica Bank now owns 22,802 shares of the restaurant operator’s stock valued at $284,000 after buying an additional 1,370 shares during the period. Blair William & Co. IL boosted its stake in El Pollo Loco Holdings by 344.4% in the first quarter. Blair William & Co. IL now owns 91,399 shares of the restaurant operator’s stock valued at $1,142,000 after buying an additional 70,830 shares during the period. Two Sigma Investments LP purchased a new stake in El Pollo Loco Holdings during the fourth quarter valued at $551,000. Finally, Oxford Asset Management purchased a new stake in El Pollo Loco Holdings during the first quarter valued at $1,547,000. 77.26% of the stock is owned by institutional investors and hedge funds.

About El Pollo Loco Holdings

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.

Analyst Recommendations 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.