El Pollo LoCo Holdings Inc (LOCO) to Post Q1 2018 Earnings of $0.21 Per Share, William Blair Forecasts

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) – Equities research analysts at William Blair issued their Q1 2018 earnings per share (EPS) estimates for shares of El Pollo LoCo in a report issued on Monday. William Blair analyst S. Zackfia anticipates that the restaurant operator will post earnings of $0.21 per share for the quarter. William Blair also issued estimates for El Pollo LoCo’s Q2 2018 earnings at $0.24 EPS, Q3 2018 earnings at $0.17 EPS, Q4 2018 earnings at $0.07 EPS and FY2019 earnings at $0.68 EPS.

Several other equities analysts have also recently issued reports on the company. 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. Zacks Investment Research upgraded El Pollo LoCo from a “sell” rating to a “buy” rating and set a $14.00 price objective on the stock in a research note on Wednesday, October 4th. Finally, SunTrust Banks restated a “hold” rating and set a $12.00 price objective on shares of El Pollo LoCo in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $13.00.

El Pollo LoCo (LOCO) opened at $10.20 on Tuesday. El Pollo LoCo has a one year low of $9.55 and a one year high of $14.85. The stock has a market capitalization of $394.25, a price-to-earnings ratio of 44.35, a P/E/G ratio of 0.99 and a beta of 0.31. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.31 and a current ratio of 0.35.

El Pollo LoCo (NASDAQ:LOCO) last announced its quarterly earnings data 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 had a return on equity of 9.14% and a net margin of 2.27%. The firm had revenue of $101.16 million for the quarter, compared to the consensus estimate of $103.71 million. During the same quarter last year, the business earned $0.18 earnings per share. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year.

Hedge funds have recently bought and sold shares of the business. BNP Paribas Arbitrage SA lifted its stake in El Pollo LoCo by 103.0% in 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. Garner Asset Management Corp bought a new stake in El Pollo LoCo in the second quarter valued at $145,000. Virtu KCG Holdings LLC bought a new stake in El Pollo LoCo in the second quarter valued at $157,000. Thrivent Financial For Lutherans lifted its stake in El Pollo LoCo by 6.5% in the second quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock valued at $179,000 after buying an additional 790 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in El Pollo LoCo by 849.2% in the third quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock valued at $206,000 after buying an additional 15,252 shares during the last quarter. Institutional investors own 78.08% of the company’s stock.

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About El Pollo LoCo

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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