Analysts Anticipate El Pollo LoCo Holdings Inc (NASDAQ:LOCO) Will Announce Earnings of $0.15 Per Share

Wall Street analysts predict that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report earnings per share of $0.15 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for El Pollo LoCo’s earnings, with estimates ranging from $0.14 to $0.17. El Pollo LoCo posted earnings per share of $0.16 in the same quarter last year, which indicates a negative year over year growth rate of 6.3%. The company is scheduled to issue its next earnings report on Thursday, March 5th.

According to Zacks, analysts expect that El Pollo LoCo will report full-year earnings of $0.73 per share for the current fiscal year, with EPS estimates ranging from $0.72 to $0.74. For the next fiscal year, analysts forecast that the business will post earnings of $0.79 per share, with EPS estimates ranging from $0.73 to $0.84. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last released its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.02. El Pollo LoCo had a positive return on equity of 10.85% and a negative net margin of 0.46%. The company had revenue of $112.10 million during the quarter, compared to analysts’ expectations of $110.21 million. During the same period last year, the firm posted $0.19 earnings per share. The business’s revenue was down .1% on a year-over-year basis.

A number of research firms have recently issued reports on LOCO. Guggenheim set a $15.00 price objective on El Pollo LoCo and gave the company a “buy” rating in a research report on Friday, November 1st. SunTrust Banks raised their price objective on El Pollo LoCo to $14.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Zacks Investment Research raised El Pollo LoCo from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Wednesday. BidaskClub raised El Pollo LoCo from a “hold” rating to a “buy” rating in a research report on Saturday, October 19th. Finally, ValuEngine raised El Pollo LoCo from a “hold” rating to a “buy” rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $15.00.

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LOCO opened at $14.77 on Wednesday. El Pollo LoCo has a 12-month low of $9.60 and a 12-month high of $18.47. The stock has a market cap of $530.92 million, a price-to-earnings ratio of 19.96, a PEG ratio of 2.09 and a beta of 0.58. The business has a 50 day moving average of $12.05 and a 200-day moving average of $11.17. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 1.25.

A number of large investors have recently added to or reduced their stakes in the stock. Investment Counselors of Maryland LLC lifted its holdings in El Pollo LoCo by 66.4% during the 2nd quarter. Investment Counselors of Maryland LLC now owns 1,430,820 shares of the restaurant operator’s stock worth $15,253,000 after purchasing an additional 571,125 shares during the last quarter. Sapience Investments LLC acquired a new stake in El Pollo LoCo during the 2nd quarter worth approximately $7,005,000. Northern Trust Corp lifted its holdings in El Pollo LoCo by 2.8% during the 2nd quarter. Northern Trust Corp now owns 263,938 shares of the restaurant operator’s stock worth $2,814,000 after purchasing an additional 7,309 shares during the last quarter. Nuveen Asset Management LLC acquired a new stake in El Pollo LoCo during the 2nd quarter worth approximately $2,773,000. Finally, Morgan Stanley lifted its holdings in El Pollo LoCo by 171.4% during the 2nd quarter. Morgan Stanley now owns 158,175 shares of the restaurant operator’s stock worth $1,686,000 after purchasing an additional 99,901 shares during the last quarter. 95.65% of the stock is owned by institutional investors and hedge funds.

About El Pollo LoCo

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 offers citrus-marinated, flame-grilled chicken, and handcrafted entrée products, including specialty chicken burritos, chicken quesadillas, and chicken tortilla soup, as well as under 500 calorie entrees, and Pollo Bowl and Pollo salad products.

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

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