El Pollo LoCo (NASDAQ:LOCO) Issues Earnings Results, Beats Estimates By $0.15 EPS

El Pollo LoCo (NASDAQ:LOCO) announced its quarterly earnings results on Thursday. The restaurant operator reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.15, MarketWatch Earnings reports. The company had revenue of $99.60 million for the quarter, compared to the consensus estimate of $96.64 million. El Pollo LoCo had a return on equity of 10.57% and a net margin of 4.48%.

El Pollo LoCo stock traded up $2.56 during trading on Friday, reaching $19.76. The company had a trading volume of 2,195,614 shares, compared to its average volume of 268,828. The firm has a market capitalization of $693.66 million, a PE ratio of 36.59 and a beta of 1.66. The firm’s 50-day simple moving average is $15.03 and its 200 day simple moving average is $13.11. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.03 and a current ratio of 1.06. El Pollo LoCo has a 1-year low of $6.15 and a 1-year high of $19.83.

A number of analysts have recently commented on the company. SunTrust Banks upped their target price on El Pollo LoCo from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. CL King assumed coverage on shares of El Pollo LoCo in a research note on Monday, April 20th. They set a “buy” rating on the stock. William Blair reiterated a “market perform” rating on shares of El Pollo LoCo in a research note on Monday, July 20th. Zacks Investment Research raised shares of El Pollo LoCo from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Thursday, July 23rd. Finally, BidaskClub raised shares of El Pollo LoCo from a “sell” rating to a “hold” rating in a report on Tuesday, July 28th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $15.67.

In related news, CFO Laurance Roberts sold 13,600 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $14.60, for a total value of $198,560.00. Following the transaction, the chief financial officer now directly owns 111,001 shares of the company’s stock, valued at approximately $1,620,614.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Samuel N. Borgese sold 6,000 shares of El Pollo LoCo stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $16.00, for a total value of $96,000.00. Following the completion of the sale, the director now owns 22,589 shares in the company, valued at $361,424. The disclosure for this sale can be found here. In the last three months, insiders sold 29,600 shares of company stock valued at $474,560. 49.70% of the stock is owned by insiders.

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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Earnings History for El Pollo LoCo (NASDAQ:LOCO)

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