Equities research analysts expect that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report $0.10 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for El Pollo LoCo’s earnings, with estimates ranging from $0.09 to $0.10. El Pollo LoCo reported earnings of $0.12 per share in the same quarter last year, which indicates a negative year over year growth rate of 16.7%. The business is expected to report its next earnings report on Thursday, March 8th.
According to Zacks, analysts expect that El Pollo LoCo will report full year earnings of $0.61 per share for the current financial year, with EPS estimates ranging from $0.61 to $0.62. For the next year, analysts forecast that the business will report earnings of $0.72 per share, with EPS estimates ranging from $0.66 to $0.77. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for El Pollo LoCo.
A number of equities analysts have recently weighed in on LOCO shares. Zacks Investment Research raised shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. Robert W. Baird reduced their price target on shares of El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Friday, November 3rd. Finally, SunTrust Banks reissued a “hold” rating and set a $12.00 price target on shares of El Pollo LoCo in a research 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 issued a buy rating to the stock. El Pollo LoCo currently has a consensus rating of “Hold” and a consensus price target of $13.00.
A number of institutional investors and hedge funds have recently bought and sold shares of LOCO. Crossmark Global Holdings Inc. bought a new stake in El Pollo LoCo in the 4th quarter valued at $124,000. BNP Paribas Arbitrage SA lifted its position in El Pollo LoCo by 103.0% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 11,188 shares of the restaurant operator’s stock valued at $136,000 after acquiring an additional 5,678 shares in the last quarter. Virtu KCG Holdings LLC bought a new stake in El Pollo LoCo in the 2nd quarter valued at $157,000. Thrivent Financial For Lutherans lifted its position in El Pollo LoCo by 6.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock valued at $179,000 after acquiring an additional 790 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in El Pollo LoCo by 849.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock valued at $206,000 after acquiring an additional 15,252 shares in the last quarter. 78.28% of the stock is currently owned by institutional investors and hedge funds.
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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