El Pollo Loco Holdings, Inc. (LOCO) Stock Rating Lowered by BidaskClub
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.
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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.
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