El Pollo LoCo Holdings Inc (NASDAQ:LOCO) – Equities researchers at SunTrust Banks increased their Q1 2018 earnings estimates for El Pollo LoCo in a research report issued to clients and investors on Tuesday. SunTrust Banks analyst J. Bartlett now expects that the restaurant operator will post earnings per share of $0.19 for the quarter, up from their previous estimate of $0.15. SunTrust Banks currently has a “Hold” rating and a $12.00 target price on the stock. SunTrust Banks also issued estimates for El Pollo LoCo’s Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.13 EPS, FY2018 earnings at $0.77 EPS and FY2019 earnings at $0.83 EPS.
El Pollo LoCo (NASDAQ:LOCO) last announced its earnings results 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 net margin of 2.27% and a return on equity of 9.14%. The firm had revenue of $101.16 million for the quarter, compared to analyst estimates of $103.71 million. During the same period in the previous year, the company earned $0.18 EPS. El Pollo LoCo’s revenue was up 5.6% compared to the same quarter last year.
Several other equities research analysts have also recently commented on the company. Zacks Investment Research raised El Pollo LoCo from a “sell” rating to a “hold” rating in a report on Thursday. Robert W. Baird cut their price target on El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $13.00.
El Pollo LoCo (NASDAQ:LOCO) remained flat at $$10.80 during trading hours on Friday. 434,600 shares of the company traded hands, compared to its average volume of 469,433. El Pollo LoCo has a 12 month low of $9.55 and a 12 month high of $14.85. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.35 and a quick ratio of 0.31. The stock has a market cap of $417.45, a price-to-earnings ratio of 49.09, a PEG ratio of 1.09 and a beta of 0.30.
Several large investors have recently bought and sold shares of LOCO. BNP Paribas Arbitrage SA increased its holdings in shares of 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 purchasing an additional 5,678 shares during the last quarter. Garner Asset Management Corp acquired a new stake in El Pollo LoCo during the second quarter worth $145,000. Virtu KCG Holdings LLC acquired a new stake in El Pollo LoCo during the second quarter worth $157,000. Thrivent Financial For Lutherans increased its stake in El Pollo LoCo by 6.5% during the second quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock worth $179,000 after acquiring an additional 790 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in El Pollo LoCo by 849.2% during the third quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock worth $206,000 after acquiring an additional 15,252 shares during the last quarter. 78.11% of the stock is owned by hedge funds and other institutional investors.
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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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