Brokerages Anticipate El Pollo Loco Holdings, Inc. (LOCO) Will Post Earnings of $0.18 Per Share
Wall Street analysts expect El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) to report earnings of $0.18 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for El Pollo Loco Holdings’ earnings, with the highest EPS estimate coming in at $0.19 and the lowest estimate coming in at $0.16. El Pollo Loco Holdings also reported earnings of $0.18 per share in the same quarter last year. The business is expected to report its next quarterly earnings results on Thursday, November 2nd.
On average, analysts expect that El Pollo Loco Holdings will report full year earnings of $0.66 per share for the current fiscal year, with EPS estimates ranging from $0.65 to $0.67. For the next fiscal year, analysts forecast that the company will report earnings of $0.70 per share, with EPS estimates ranging from $0.69 to $0.73. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that follow El Pollo Loco Holdings.
El Pollo Loco Holdings (NASDAQ:LOCO) last posted its earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.01. El Pollo Loco Holdings had a return on equity of 9.56% and a net margin of 4.66%. The firm had revenue of $105.60 million during the quarter, compared to analyst estimates of $105.83 million. During the same period in the previous year, the company earned $0.19 EPS. The company’s revenue for the quarter was up 8.3% on a year-over-year basis.
Several analysts recently weighed in on LOCO shares. Zacks Investment Research cut El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a report on Saturday, June 24th. BidaskClub cut El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th. TheStreet upgraded El Pollo Loco Holdings from a “d+” rating to a “c-” rating in a research note on Thursday, April 20th. Robert W. Baird lifted their price target on 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, Jefferies Group LLC reiterated a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $15.00.
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A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Garner Asset Management Corp purchased a new position in El Pollo Loco Holdings during the second quarter worth $145,000. Arizona State Retirement System increased its stake in shares of 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 period. Virtu KCG Holdings LLC bought a new stake in shares of El Pollo Loco Holdings during the second quarter valued at approximately $157,000. Princeton Alpha Management LP bought a new stake in shares of El Pollo Loco Holdings during the first quarter valued at approximately $138,000. Finally, Thrivent Financial For Lutherans raised its position in 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. 77.00% of the stock is currently owned by institutional investors and hedge funds.
Shares of El Pollo Loco Holdings (LOCO) traded up 0.879% on Wednesday, hitting $12.055. The stock had a trading volume of 59,242 shares. The company has a market cap of $465.94 million, a PE ratio of 26.207 and a beta of 0.31. The stock’s 50-day moving average price is $13.15 and its 200 day moving average price is $12.87. El Pollo Loco Holdings has a 52 week low of $10.08 and a 52 week high of $14.85.
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.
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