El Pollo LoCo (NASDAQ:LOCO) Stock Rating Lowered by ValuEngine

El Pollo LoCo (NASDAQ:LOCO) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Tuesday, ValuEngine reports.

A number of other equities research analysts have also weighed in on the stock. BidaskClub lowered shares of El Pollo LoCo from a “buy” rating to a “hold” rating in a report on Saturday, November 16th. Guggenheim set a $15.00 price target on shares of El Pollo LoCo and gave the company a “buy” rating in a report on Friday, November 1st. Zacks Investment Research raised shares of El Pollo LoCo from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Tuesday, November 26th. Finally, SunTrust Banks raised their price target on shares of El Pollo LoCo to $14.00 and gave the company a “hold” rating in a report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $15.33.

LOCO opened at $16.23 on Tuesday. The company has a fifty day simple moving average of $13.97 and a 200 day simple moving average of $11.53. The firm has a market cap of $560.87 million, a price-to-earnings ratio of 21.93, a PEG ratio of 2.22 and a beta of 0.78. El Pollo LoCo has a twelve month low of $9.60 and a twelve month high of $18.47. The company has a current ratio of 0.34, a quick ratio of 0.31 and a debt-to-equity ratio of 1.25.

El Pollo LoCo (NASDAQ:LOCO) last released its quarterly earnings results on Thursday, October 31st. The restaurant operator reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.02. The business had revenue of $112.10 million during the quarter, compared to analyst estimates of $110.21 million. El Pollo LoCo had a negative net margin of 0.46% and a positive return on equity of 10.85%. The business’s revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $0.19 EPS. On average, analysts forecast that El Pollo LoCo will post 0.73 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of Montreal Can acquired a new stake in El Pollo LoCo during the 2nd quarter valued at $29,000. United Services Automobile Association grew its holdings in El Pollo LoCo by 12.4% during the 2nd quarter. United Services Automobile Association now owns 11,566 shares of the restaurant operator’s stock worth $123,000 after acquiring an additional 1,276 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in El Pollo LoCo by 24.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,586 shares of the restaurant operator’s stock worth $155,000 after acquiring an additional 2,909 shares in the last quarter. Hancock Whitney Corp grew its holdings in El Pollo LoCo by 16.5% during the 3rd quarter. Hancock Whitney Corp now owns 14,761 shares of the restaurant operator’s stock worth $162,000 after acquiring an additional 2,090 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in El Pollo LoCo by 112.7% during the 3rd quarter. State of Alaska Department of Revenue now owns 15,834 shares of the restaurant operator’s stock worth $173,000 after acquiring an additional 8,388 shares in the last quarter. 98.86% of the stock is owned by institutional investors and hedge funds.

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 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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