Research Analysts Set Expectations for El Pollo LoCo Holdings Inc’s Q2 2018 Earnings (LOCO)

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.

LOCO has been the subject of a number of other research reports. Zacks Investment Research raised El Pollo LoCo from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research report on Wednesday, October 25th. Robert W. Baird reduced their price objective on El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. El Pollo LoCo presently has an average rating of “Hold” and a consensus price target of $13.00.

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.

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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.

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