El Pollo Loco (NASDAQ:LOCO – Get Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Sunday.
Separately, Zacks Investment Research cut shares of El Pollo Loco from a “hold” rating to a “sell” rating in a research report on Friday, May 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, El Pollo Loco presently has an average rating of “Hold” and an average price target of $20.67.
Shares of El Pollo Loco stock opened at $10.43 on Friday. The company has a 50 day moving average of $11.19 and a 200-day moving average of $12.88. El Pollo Loco has a 1-year low of $10.04 and a 1-year high of $19.25. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 0.13. The company has a market cap of $383.30 million, a PE ratio of 13.91 and a beta of 1.38.
El Pollo Loco (NASDAQ:LOCO – Get Rating) last released its quarterly earnings data on Friday, May 6th. The restaurant operator reported $0.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.07. The business had revenue of $110.05 million during the quarter, compared to analysts’ expectations of $106.69 million. El Pollo Loco had a net margin of 5.97% and a return on equity of 9.62%. The firm’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 EPS. Research analysts forecast that El Pollo Loco will post 0.71 earnings per share for the current year.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System boosted its stake in El Pollo Loco by 4.0% during the fourth quarter. California State Teachers Retirement System now owns 27,501 shares of the restaurant operator’s stock worth $390,000 after acquiring an additional 1,062 shares in the last quarter. Principal Financial Group Inc. boosted its stake in El Pollo Loco by 0.9% during the third quarter. Principal Financial Group Inc. now owns 132,939 shares of the restaurant operator’s stock worth $2,247,000 after acquiring an additional 1,243 shares in the last quarter. Nordea Investment Management AB boosted its stake in El Pollo Loco by 0.5% during the first quarter. Nordea Investment Management AB now owns 364,581 shares of the restaurant operator’s stock worth $4,189,000 after acquiring an additional 1,698 shares in the last quarter. Citigroup Inc. boosted its stake in El Pollo Loco by 13.6% during the first quarter. Citigroup Inc. now owns 16,804 shares of the restaurant operator’s stock worth $195,000 after acquiring an additional 2,006 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in El Pollo Loco by 14.1% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,705 shares of the restaurant operator’s stock worth $194,000 after acquiring an additional 2,060 shares in the last quarter. 45.81% of the stock is currently owned by institutional investors and hedge funds.
El Pollo Loco Company Profile (Get Rating)
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. As of December 29, 2021, the company operated 480 restaurants comprising 189 company-operated and 291 franchised restaurants located in California, Nevada, Arizona, Texas, Utah, and Louisiana.