Zacks: Brokerages Anticipate El Pollo LoCo Holdings Inc (LOCO) to Announce $0.10 EPS

Equities analysts predict that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will post earnings per share of $0.10 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for El Pollo LoCo’s earnings, with the lowest EPS estimate coming in at $0.09 and the highest estimate coming in at $0.10. El Pollo LoCo reported earnings per share of $0.12 in the same quarter last year, which indicates a negative year-over-year growth rate of 16.7%. The firm is scheduled to issue its next quarterly earnings results on Thursday, March 8th.

According to Zacks, analysts expect that El Pollo LoCo will report full-year earnings of $0.61 per share for the current financial year, with EPS estimates ranging from $0.61 to $0.62. For the next fiscal year, analysts forecast that the business will post earnings of $0.72 per share, with EPS estimates ranging from $0.66 to $0.77. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that follow El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last issued its earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.03). The company had revenue of $101.16 million during the quarter, compared to analyst estimates of $103.71 million. El Pollo LoCo had a return on equity of 9.14% and a net margin of 2.27%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business earned $0.18 earnings per share.

LOCO has been the subject of a number of research analyst reports. Zacks Investment Research upgraded El Pollo LoCo from a “sell” rating to a “buy” rating and set a $14.00 price target for the company in a report on Wednesday, October 4th. Robert W. Baird lowered 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. Finally, SunTrust Banks reiterated a “hold” rating and set a $12.00 price target on shares of El Pollo LoCo in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $13.00.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its holdings in shares of El Pollo LoCo by 33.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 702,559 shares of the restaurant operator’s stock worth $8,536,000 after purchasing an additional 176,213 shares during the period. Royce & Associates LP purchased a new position in shares of El Pollo LoCo during the 3rd quarter worth $7,008,000. State Street Corp boosted its holdings in El Pollo LoCo 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 acquiring an additional 19,343 shares during the period. OxFORD Asset Management LLP boosted its holdings in El Pollo LoCo by 22.5% during the 3rd quarter. OxFORD Asset Management LLP now owns 292,812 shares of the restaurant operator’s stock valued at $3,543,000 after acquiring an additional 53,730 shares during the period. Finally, Northern Trust Corp boosted its holdings in El Pollo LoCo by 2.7% during the 2nd quarter. Northern Trust Corp now owns 229,947 shares of the restaurant operator’s stock valued at $3,185,000 after acquiring an additional 6,072 shares during the period. Institutional investors and hedge funds own 78.08% of the company’s stock.

El Pollo LoCo (NASDAQ LOCO) traded down $0.10 during midday trading on Friday, hitting $10.25. The stock had a trading volume of 497,671 shares, compared to its average volume of 416,769. The stock has a market cap of $400.06, a PE ratio of 46.59, a PEG ratio of 0.96 and a beta of 0.30. 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 has a fifty-two week low of $9.55 and a fifty-two week high of $14.85.

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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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