El Pollo LoCo Holdings Inc Forecasted to Earn Q1 2018 Earnings of $0.19 Per Share (LOCO)

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.

ILLEGAL ACTIVITY WARNING: This story was reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://transcriptdaily.com/2018/01/05/el-pollo-loco-holdings-inc-forecasted-to-earn-q1-2018-earnings-of-0-19-per-share-loco.html.

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.

Receive News & Ratings for El Pollo LoCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo LoCo and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply