Brokerages Expect El Pollo Loco Holdings, Inc. (LOCO) to Announce $0.10 EPS

Equities research analysts forecast that El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) will post $0.10 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for El Pollo Loco Holdings’ earnings. The lowest EPS estimate is $0.09 and the highest is $0.13. El Pollo Loco Holdings posted earnings of $0.12 per share in the same quarter last year, which indicates a negative year over year growth rate of 16.7%. The firm is scheduled to report its next quarterly earnings report on Thursday, March 8th.

On average, analysts expect that El Pollo Loco Holdings will report full-year earnings of $0.62 per share for the current financial year, with EPS estimates ranging from $0.61 to $0.65. For the next year, analysts anticipate that the company will report earnings of $0.65 per share, with EPS estimates ranging from $0.61 to $0.69. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover El Pollo Loco Holdings.

El Pollo Loco Holdings (NASDAQ:LOCO) last released its quarterly earnings data on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). El Pollo Loco Holdings had a net margin of 2.27% and a return on equity of 9.14%. The business had revenue of $101.16 million during the quarter, compared to the consensus estimate of $103.71 million. During the same period last year, the business posted $0.18 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis.

LOCO has been the subject of several recent research reports. Zacks Investment Research upgraded shares of El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Jefferies Group LLC reiterated a “buy” rating and issued a $15.00 target price on shares of El Pollo Loco Holdings in a research note on Tuesday, August 22nd. BidaskClub cut shares of El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $12.00 price objective on shares of El Pollo Loco Holdings in a research note on Friday, November 3rd. Finally, Morgan Stanley dropped their target price on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Monday, August 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $13.00.

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of El Pollo Loco Holdings by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock worth $22,104,000 after buying an additional 111,692 shares during the period. Dimensional Fund Advisors LP grew its position in El Pollo Loco Holdings by 33.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 702,559 shares of the restaurant operator’s stock valued at $8,536,000 after purchasing an additional 176,213 shares during the last quarter. Royce & Associates LP purchased a new stake in El Pollo Loco Holdings during the 3rd quarter valued at about $7,008,000. State Street Corp grew its position in El Pollo Loco Holdings by 4.6% during the 2nd quarter. State Street Corp now owns 436,807 shares of the restaurant operator’s stock valued at $6,052,000 after purchasing an additional 19,343 shares during the last quarter. Finally, Morgan Stanley grew its position in El Pollo Loco Holdings by 27.2% during the 1st quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock valued at $3,537,000 after purchasing an additional 63,290 shares during the last quarter. 79.59% of the stock is currently owned by institutional investors and hedge funds.

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Shares of El Pollo Loco Holdings (NASDAQ LOCO) traded up $0.03 during mid-day trading on Friday, reaching $10.13. 76,880 shares of the company’s stock traded hands, compared to its average volume of 296,213. The company has a market capitalization of $394.26, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 1.11 and a beta of 0.35. The company has a current ratio of 0.35, a quick ratio of 0.31 and a debt-to-equity ratio of 0.31. El Pollo Loco Holdings has a twelve month low of $9.55 and a twelve month high of $14.85.

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.

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Earnings History and Estimates for El Pollo Loco Holdings (NASDAQ:LOCO)

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