El Pollo LoCo Holdings Inc (NASDAQ:LOCO) – Equities researchers at William Blair dropped their Q2 2019 earnings estimates for El Pollo LoCo in a research note issued on Wednesday, July 17th. William Blair analyst S. Zackfia now expects that the restaurant operator will post earnings per share of $0.20 for the quarter, down from their prior forecast of $0.21.
LOCO has been the subject of a number of other research reports. BidaskClub downgraded shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Wednesday, June 26th. Zacks Investment Research upgraded shares of HB Fuller from a “sell” rating to a “hold” rating in a research report on Wednesday, July 3rd. Finally, ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $17.00.
Shares of LOCO stock opened at $10.26 on Thursday. The firm has a 50-day moving average price of $10.70. The stock has a market capitalization of $398.52 million, a P/E ratio of 13.86, a P/E/G ratio of 1.45 and a beta of 0.47. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.26 and a current ratio of 0.28. El Pollo LoCo has a one year low of $10.02 and a one year high of $18.47.
El Pollo LoCo (NASDAQ:LOCO) last issued its earnings results on Thursday, May 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.01). El Pollo LoCo had a positive return on equity of 10.29% and a negative net margin of 2.42%. The company had revenue of $108.98 million for the quarter, compared to the consensus estimate of $109.42 million. During the same period in the prior year, the company earned $0.17 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year.
Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its position in shares of El Pollo LoCo by 2.7% in the fourth quarter. BlackRock Inc. now owns 3,372,038 shares of the restaurant operator’s stock valued at $51,154,000 after acquiring an additional 89,941 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of El Pollo LoCo by 4.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,036,011 shares of the restaurant operator’s stock valued at $30,886,000 after acquiring an additional 92,703 shares during the period. Bank of New York Mellon Corp boosted its position in shares of El Pollo LoCo by 20.9% in the fourth quarter. Bank of New York Mellon Corp now owns 317,185 shares of the restaurant operator’s stock valued at $4,812,000 after acquiring an additional 54,801 shares during the period. Geode Capital Management LLC boosted its position in shares of El Pollo LoCo by 13.4% in the fourth quarter. Geode Capital Management LLC now owns 256,739 shares of the restaurant operator’s stock valued at $3,894,000 after acquiring an additional 30,352 shares during the period. Finally, Two Sigma Investments LP boosted its position in shares of El Pollo LoCo by 332.8% in the fourth quarter. Two Sigma Investments LP now owns 201,776 shares of the restaurant operator’s stock valued at $3,061,000 after acquiring an additional 155,150 shares during the period. Institutional investors own 91.76% of the company’s stock.
El Pollo LoCo Company Profile
El Pollo Loco Holdings, Inc, through its subsidiary El Pollo Loco, Inc, develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. The company offers citrus-marinated, flame-grilled chicken, and handcrafted entrée products, including specialty chicken burritos, chicken quesadillas, and chicken tortilla soup, as well as under 500 calorie entrees, and Pollo Bowl and Pollo salad products.
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