El Pollo Loco Holdings, Inc. (LOCO) Receives Consensus Rating of “Hold” from Brokerages

Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) have been assigned an average recommendation of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $14.00.

LOCO has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of El Pollo Loco Holdings from a “hold” rating to a “buy” rating and set a $13.00 price target on the stock in a report on Wednesday. Jefferies Group LLC reiterated a “buy” rating and set a $15.00 price target on shares of El Pollo Loco Holdings in a report on Tuesday, August 22nd. BidaskClub cut shares of El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Finally, Morgan Stanley cut their price target on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Monday, August 7th.

El Pollo Loco Holdings (NASDAQ:LOCO) opened at 11.60 on Friday. The firm has a market cap of $448.35 million, a P/E ratio of 25.22 and a beta of 0.36. The firm’s 50-day moving average price is $11.79 and its 200-day moving average price is $12.72. El Pollo Loco Holdings has a 1-year low of $10.08 and a 1-year high of $14.85.

El Pollo Loco Holdings (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.01. The business had revenue of $105.60 million for the quarter, compared to analysts’ expectations of $105.83 million. El Pollo Loco Holdings had a net margin of 4.66% and a return on equity of 9.56%. The business’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.19 earnings per share. Equities research analysts anticipate that El Pollo Loco Holdings will post $0.67 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of El Pollo Loco Holdings by 6.4% during the first quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock valued at $22,104,000 after buying an additional 111,692 shares during the last quarter. OppenheimerFunds Inc. grew its holdings in shares of El Pollo Loco Holdings by 44.6% during the first quarter. OppenheimerFunds Inc. now owns 25,828 shares of the restaurant operator’s stock valued at $309,000 after buying an additional 7,971 shares during the last quarter. Morgan Stanley grew its holdings in shares of El Pollo Loco Holdings by 27.2% during the first quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock valued at $3,537,000 after buying an additional 63,290 shares during the last quarter. Blair William & Co. IL grew its holdings in shares of El Pollo Loco Holdings by 3.0% during the second quarter. Blair William & Co. IL now owns 94,135 shares of the restaurant operator’s stock valued at $1,304,000 after buying an additional 2,736 shares during the last quarter. Finally, Thrivent Financial For Lutherans grew its holdings in shares of El Pollo Loco Holdings by 4.3% during the first quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock valued at $145,000 after buying an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 76.73% of the company’s stock.

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About El Pollo Loco Holdings

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.

Analyst Recommendations for El Pollo Loco Holdings (NASDAQ:LOCO)

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