SunTrust Banks Analysts Boost Earnings Estimates for El Pollo LoCo Holdings Inc (LOCO)

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) – Equities research analysts at SunTrust Banks upped their Q1 2018 earnings per share (EPS) estimates for El Pollo LoCo in a note issued to investors on Tuesday, April 17th. SunTrust Banks analyst J. Bartlett now anticipates that the restaurant operator will earn $0.15 per share for the quarter, up from their previous estimate of $0.14. SunTrust Banks currently has a “Hold” rating and a $11.00 price objective on the stock.

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El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings data on Thursday, March 8th. The restaurant operator reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. El Pollo LoCo had a net margin of 2.15% and a return on equity of 9.00%. The business had revenue of $95.20 million for the quarter, compared to analyst estimates of $95.24 million. During the same period last year, the business posted $0.12 earnings per share. The firm’s quarterly revenue was up 2.9% on a year-over-year basis.



Other equities research analysts have also issued reports about the stock. Morgan Stanley restated an “equal weight” rating and set a $11.00 price objective (down from $12.00) on shares of El Pollo LoCo in a report on Monday, March 12th. ValuEngine lowered shares of El Pollo LoCo from a “hold” rating to a “sell” rating in a report on Friday, April 6th. BidaskClub upgraded shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a report on Wednesday, March 14th. Finally, Zacks Investment Research upgraded shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company’s stock. El Pollo LoCo currently has a consensus rating of “Hold” and a consensus target price of $12.40.

Shares of NASDAQ:LOCO opened at $9.70 on Friday. El Pollo LoCo has a 12 month low of $9.05 and a 12 month high of $14.85. The company has a current ratio of 0.44, a quick ratio of 0.39 and a debt-to-equity ratio of 0.34. The firm has a market cap of $380.82, a P/E ratio of 15.64, a P/E/G ratio of 0.95 and a beta of 0.32.

Hedge funds have recently modified their holdings of the business. Crossmark Global Holdings Inc. acquired a new stake in El Pollo LoCo in the 4th quarter valued at $124,000. Jefferies Group LLC bought a new position in shares of El Pollo LoCo in the 4th quarter valued at about $126,000. Teachers Retirement System of The State of Kentucky grew its position in shares of El Pollo LoCo by 73.7% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 13,200 shares of the restaurant operator’s stock valued at $131,000 after acquiring an additional 5,600 shares during the period. JPMorgan Chase & Co. grew its position in shares of El Pollo LoCo by 849.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock valued at $206,000 after acquiring an additional 15,252 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of El Pollo LoCo by 54.4% in the 3rd quarter. Wells Fargo & Company MN now owns 28,684 shares of the restaurant operator’s stock valued at $350,000 after acquiring an additional 10,102 shares during the period. Hedge funds and other institutional investors own 78.92% of the company’s stock.

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El Pollo LoCo Company Profile

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. The company specializes in offering flame-grilled chicken. As of March 8, 2018, it had approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, and Utah.

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

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