El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) – Investment analysts at SunTrust Banks cut their Q3 2017 earnings estimates for shares of El Pollo Loco Holdings in a research report issued on Friday. SunTrust Banks analyst J. Bartlett now anticipates that the restaurant operator will post earnings of $0.18 per share for the quarter, down from their prior forecast of $0.20. SunTrust Banks also issued estimates for El Pollo Loco Holdings’ Q4 2017 earnings at $0.13 EPS, FY2017 earnings at $0.67 EPS, Q2 2018 earnings at $0.22 EPS, Q3 2018 earnings at $0.19 EPS, Q4 2018 earnings at $0.14 EPS and FY2018 earnings at $0.71 EPS.

El Pollo Loco Holdings (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.01. The business had revenue of $105.60 million during the quarter, compared to the consensus estimate of $105.83 million. El Pollo Loco Holdings had a net margin of 4.61% and a return on equity of 9.51%. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.19 EPS. ILLEGAL ACTIVITY WARNING: “SunTrust Banks Research Analysts Decrease Earnings Estimates for El Pollo Loco Holdings, Inc. (LOCO)” was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/08/07/suntrust-banks-research-analysts-decrease-earnings-estimates-for-el-pollo-loco-holdings-inc-loco.html.

Several other brokerages have also recently commented on LOCO. Zacks Investment Research upgraded shares of El Pollo Loco Holdings from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research report on Tuesday, June 27th. Jefferies Group LLC restated a “buy” rating on shares of El Pollo Loco Holdings in a report on Wednesday, July 19th. BidaskClub cut shares of El Pollo Loco Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 28th. TheStreet upgraded shares of El Pollo Loco Holdings from a “d+” rating to a “c-” rating in a report on Thursday, April 20th. Finally, Robert W. Baird boosted their price objective on shares of El Pollo Loco Holdings from $14.00 to $15.00 and gave the company a “neutral” rating in a report on Friday, June 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $15.25.

Shares of El Pollo Loco Holdings (LOCO) opened at 12.10 on Monday. The company has a 50 day moving average of $13.69 and a 200 day moving average of $12.89. El Pollo Loco Holdings has a 12 month low of $10.08 and a 12 month high of $14.85. The stock has a market cap of $465.45 million, a P/E ratio of 26.89 and a beta of 0.31.

A number of hedge funds and other institutional investors have recently modified their holdings of LOCO. Vanguard Group Inc. boosted its position in shares of El Pollo Loco Holdings by 6.4% in the first quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock worth $22,104,000 after buying an additional 111,692 shares in the last quarter. Champlain Investment Partners LLC boosted its position in shares of El Pollo Loco Holdings by 4.3% in the first quarter. Champlain Investment Partners LLC now owns 1,337,960 shares of the restaurant operator’s stock worth $15,989,000 after buying an additional 55,500 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of El Pollo Loco Holdings by 95.0% in the first quarter. Dimensional Fund Advisors LP now owns 427,955 shares of the restaurant operator’s stock worth $5,114,000 after buying an additional 208,537 shares in the last quarter. State Street Corp boosted its position in shares of 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 worth $4,679,000 after buying an additional 34,822 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of El Pollo Loco Holdings by 27.2% in the first quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock worth $3,537,000 after buying an additional 63,290 shares in the last quarter. Hedge funds and other institutional investors own 77.43% 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.

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

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