El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) had its price target reduced by stock analysts at Morgan Stanley from $14.00 to $13.00 in a research report issued to clients and investors on Monday. The brokerage currently has an “equal weight” rating on the restaurant operator’s stock. Morgan Stanley’s price target suggests a potential upside of 7.44% from the company’s previous close.

Other equities analysts have also issued reports about the company. Jefferies Group LLC restated a “buy” rating on shares of El Pollo Loco Holdings in a research report on Wednesday, July 19th. Zacks Investment Research upgraded El Pollo Loco Holdings from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research report on Tuesday, June 27th. TheStreet upgraded El Pollo Loco Holdings from a “d+” rating to a “c-” rating in a research report on Thursday, April 20th. BidaskClub lowered El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, Robert W. Baird boosted their target price on El Pollo Loco Holdings from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, June 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $15.00.

El Pollo Loco Holdings (NASDAQ LOCO) traded up 0.620% during mid-day trading on Monday, reaching $12.175. 119,312 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $13.69 and a 200-day moving average price of $12.89. The stock has a market cap of $468.34 million, a P/E ratio of 27.056 and a beta of 0.31. El Pollo Loco Holdings has a 52 week low of $10.08 and a 52 week high of $14.85.

El Pollo Loco Holdings (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.21 EPS for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.01. The firm had revenue of $105.60 million during the quarter, compared to analyst estimates of $105.83 million. El Pollo Loco Holdings had a return on equity of 8.15% and a net margin of 4.66%. The company’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the company earned $0.19 earnings per share. On average, analysts forecast that El Pollo Loco Holdings will post $0.67 earnings per share for the current year.

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Institutional investors have recently bought and sold shares of the company. Arizona State Retirement System raised its position in El Pollo Loco Holdings by 0.9% in the first quarter. Arizona State Retirement System now owns 11,200 shares of the restaurant operator’s stock valued at $134,000 after buying an additional 100 shares during the last quarter. Princeton Alpha Management LP acquired a new position in shares of El Pollo Loco Holdings during the first quarter valued at about $138,000. Thrivent Financial for Lutherans raised its position in shares of El Pollo Loco Holdings by 6.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 11,650 shares of the restaurant operator’s stock valued at $143,000 after buying an additional 660 shares in the last quarter. Thrivent Financial For Lutherans raised its position in shares of El Pollo Loco Holdings by 4.3% in the first quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock valued at $145,000 after buying an additional 500 shares in the last quarter. Finally, Hartford Investment Management Co. acquired a new position in shares of El Pollo Loco Holdings during the second quarter valued at about $187,000. Institutional investors own 77.38% of the company’s stock.

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)

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