El Pollo LoCo Holdings Inc (NASDAQ:LOCO) – Investment analysts at SunTrust Banks raised their Q2 2018 earnings per share estimates for shares of El Pollo LoCo in a research report issued to clients and investors on Tuesday. SunTrust Banks analyst J. Bartlett now forecasts that the restaurant operator will post earnings per share of $0.26 for the quarter, up from their prior forecast of $0.22. SunTrust Banks has a “Hold” rating and a $12.00 price target on the stock.
El Pollo LoCo (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, November 2nd. The restaurant operator reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). The business had revenue of $101.16 million during the quarter, compared to analysts’ expectations of $103.71 million. El Pollo LoCo had a net margin of 2.27% and a return on equity of 9.14%. El Pollo LoCo’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 EPS.
El Pollo LoCo (NASDAQ:LOCO) traded down $0.15 during mid-day trading on Thursday, reaching $10.65. The company’s stock had a trading volume of 151,939 shares, compared to its average volume of 486,850. El Pollo LoCo has a 1 year low of $9.55 and a 1 year high of $14.85. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.31 and a current ratio of 0.35. The stock has a market capitalization of $394.26, a P/E ratio of 48.41, a PEG ratio of 1.07 and a beta of 0.30.
Large investors have recently added to or reduced their stakes in the stock. Royce & Associates LP acquired a new stake in El Pollo LoCo during the third quarter valued at approximately $7,008,000. Dimensional Fund Advisors LP grew its holdings in shares of El Pollo LoCo by 33.5% during the third quarter. Dimensional Fund Advisors LP now owns 702,559 shares of the restaurant operator’s stock valued at $8,536,000 after purchasing an additional 176,213 shares during the last quarter. OxFORD Asset Management LLP grew its holdings in shares of El Pollo LoCo by 84.7% during the second quarter. OxFORD Asset Management LLP now owns 239,082 shares of the restaurant operator’s stock valued at $3,311,000 after purchasing an additional 109,651 shares during the last quarter. New York State Common Retirement Fund grew its holdings in shares of El Pollo LoCo by 229.8% during the second quarter. New York State Common Retirement Fund now owns 68,594 shares of the restaurant operator’s stock valued at $950,000 after purchasing an additional 47,793 shares during the last quarter. Finally, Personal Capital Advisors Corp grew its holdings in shares of El Pollo LoCo by 75.4% during the third quarter. Personal Capital Advisors Corp now owns 74,651 shares of the restaurant operator’s stock valued at $907,000 after purchasing an additional 32,082 shares during the last quarter. Institutional investors and hedge funds own 78.11% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Research Analysts Set Expectations for El Pollo LoCo Holdings Inc’s Q2 2018 Earnings (LOCO)” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.americanbankingnews.com/2018/01/04/research-analysts-set-expectations-for-el-pollo-loco-holdings-incs-q2-2018-earnings-loco.html.
El Pollo LoCo 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.
Receive News & Ratings for El Pollo LoCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo LoCo and related companies with MarketBeat.com's FREE daily email newsletter.