Wall Street analysts expect that El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) will post sales of $95.11 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for El Pollo Loco Holdings’ earnings, with the highest sales estimate coming in at $95.40 million and the lowest estimate coming in at $94.95 million. El Pollo Loco Holdings posted sales of $92.48 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.8%. The firm is expected to report its next earnings report on Thursday, March 8th.

On average, analysts expect that El Pollo Loco Holdings will report full year sales of $95.11 million for the current year, with estimates ranging from $401.45 million to $411.46 million. For the next fiscal year, analysts forecast that the company will report sales of $426.27 million per share, with estimates ranging from $417.33 million to $440.89 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow El Pollo Loco Holdings.

El Pollo Loco Holdings (NASDAQ:LOCO) last released its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.03). El Pollo Loco Holdings had a net margin of 2.27% and a return on equity of 9.14%. The business had revenue of $101.16 million for the quarter, compared to the consensus estimate of $103.71 million. During the same period in the previous year, the business posted $0.18 EPS. El Pollo Loco Holdings’s revenue was up 5.6% on a year-over-year basis.

A number of equities analysts recently weighed in on LOCO shares. Zacks Investment Research raised shares of El Pollo Loco Holdings from a “hold” rating to a “buy” rating and set a $13.00 target price for the company in a research note on Wednesday, October 25th. Jefferies Group LLC reissued a “buy” rating and set a $15.00 target price on shares of El Pollo Loco Holdings in a research note on Tuesday, August 22nd. Morgan Stanley reduced their price target on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Monday, August 7th. BidaskClub cut shares of El Pollo Loco Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, SunTrust Banks, Inc. restated a “hold” rating and issued a $12.00 price target on shares of El Pollo Loco Holdings in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $13.00.

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El Pollo Loco Holdings (LOCO) opened at $10.20 on Tuesday. El Pollo Loco Holdings has a 52 week low of $9.55 and a 52 week high of $14.85. The firm has a market cap of $387.48, a price-to-earnings ratio of 15.98, a P/E/G ratio of 1.11 and a beta of 0.35. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.31 and a current ratio of 0.35.

Hedge funds and other institutional investors have recently modified their holdings of the company. Garner Asset Management Corp acquired a new position in shares of El Pollo Loco Holdings during the second quarter valued at about $145,000. BNP Paribas Arbitrage SA grew its holdings in shares of El Pollo Loco Holdings by 103.0% during the third quarter. BNP Paribas Arbitrage SA now owns 11,188 shares of the restaurant operator’s stock valued at $136,000 after buying an additional 5,678 shares during the last quarter. Virtu KCG Holdings LLC acquired a new position in shares of El Pollo Loco Holdings during the second quarter valued at about $157,000. Thrivent Financial For Lutherans grew its holdings in shares of El Pollo Loco Holdings by 4.3% during 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 during 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. Hedge funds and other institutional investors own 79.59% 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.

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

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