Analysts Expect El Pollo LoCo Holdings Inc (LOCO) Will Announce Quarterly Sales of $95.00 Million

Brokerages predict that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report sales of $95.00 million for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for El Pollo LoCo’s earnings. The lowest sales estimate is $94.64 million and the highest is $95.40 million. El Pollo LoCo reported sales of $92.48 million in the same quarter last year, which indicates a positive year-over-year growth rate of 2.7%. The business is scheduled to announce its next earnings report on Thursday, March 8th.

According to Zacks, analysts expect that El Pollo LoCo will report full-year sales of $95.00 million for the current financial year, with estimates ranging from $401.13 million to $401.93 million. For the next fiscal year, analysts forecast that the firm will report sales of $422.22 million per share, with estimates ranging from $414.30 million to $431.17 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover El Pollo LoCo.

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 analysts’ consensus estimates 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 company had revenue of $101.16 million for the quarter, compared to analyst estimates of $103.71 million. During the same period last year, the firm earned $0.18 earnings per share. The firm’s revenue for the quarter was up 5.6% on a year-over-year basis.

LOCO has been the subject of a number of analyst reports. Zacks Investment Research raised El Pollo LoCo from a “sell” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Wednesday, October 4th. SunTrust Banks reaffirmed a “hold” rating and set a $12.00 price objective on shares of El Pollo LoCo in a research note on Friday, November 3rd. Finally, Robert W. Baird decreased their price objective on El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $13.00.

Shares of El Pollo LoCo (LOCO) opened at $10.25 on Monday. 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 has a 52 week low of $9.55 and a 52 week high of $14.85. The company has a market capitalization of $396.18, a price-to-earnings ratio of 44.57, a P/E/G ratio of 0.96 and a beta of 0.31.

Hedge funds have recently bought and sold shares of the business. New York State Common Retirement Fund lifted its holdings in 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 worth $950,000 after acquiring an additional 47,793 shares in the last quarter. Trexquant Investment LP bought a new stake in shares of El Pollo LoCo in the third quarter valued at about $253,000. Dimensional Fund Advisors LP lifted its holdings in shares of El Pollo LoCo by 23.0% in the second quarter. Dimensional Fund Advisors LP now owns 526,346 shares of the restaurant operator’s stock valued at $7,290,000 after purchasing an additional 98,391 shares in the last quarter. OxFORD Asset Management LLP lifted its holdings in shares of El Pollo LoCo by 22.5% in the third quarter. OxFORD Asset Management LLP now owns 292,812 shares of the restaurant operator’s stock valued at $3,543,000 after purchasing an additional 53,730 shares in the last quarter. Finally, Personal Capital Advisors Corp lifted its holdings in shares of El Pollo LoCo by 75.4% in 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 in the last quarter. Hedge funds and other institutional investors own 78.08% 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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