Wall Street brokerages expect El Pollo LoCo Holdings Inc (NASDAQ:LOCO) to post sales of $104.60 million for the current fiscal quarter, Zacks reports. Four analysts have made estimates for El Pollo LoCo’s earnings. The lowest sales estimate is $102.54 million and the highest is $106.01 million. El Pollo LoCo reported sales of $95.20 million during the same quarter last year, which indicates a positive year-over-year growth rate of 9.9%. The firm is expected to report its next quarterly earnings results on Thursday, March 14th.

According to Zacks, analysts expect that El Pollo LoCo will report full-year sales of $434.16 million for the current year, with estimates ranging from $432.11 million to $435.58 million. For the next year, analysts anticipate that the company will post sales of $453.52 million, with estimates ranging from $442.80 million to $460.73 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, November 1st. The restaurant operator reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.01. El Pollo LoCo had a return on equity of 9.77% and a net margin of 3.38%. The firm had revenue of $112.18 million during the quarter, compared to the consensus estimate of $109.54 million. During the same quarter in the prior year, the business posted $0.15 earnings per share. El Pollo LoCo’s revenue for the quarter was up 10.9% on a year-over-year basis.

LOCO has been the topic of several analyst reports. ValuEngine upgraded El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Wednesday, August 15th. BidaskClub upgraded El Pollo LoCo from a “hold” rating to a “buy” rating in a research report on Saturday, August 18th. Guggenheim raised their target price on El Pollo LoCo from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, October 3rd. Zacks Investment Research upgraded El Pollo LoCo from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research report on Wednesday, October 24th. Finally, Robert W. Baird raised their target price on El Pollo LoCo from $12.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, November 2nd. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $13.67.

Shares of El Pollo LoCo stock traded down $0.35 on Friday, reaching $14.76. 213,010 shares of the company were exchanged, compared to its average volume of 376,896. The company has a current ratio of 0.42, a quick ratio of 0.38 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $596.55 million, a price-to-earnings ratio of 23.43, a PEG ratio of 1.40 and a beta of 0.35. El Pollo LoCo has a 1-year low of $9.05 and a 1-year high of $16.95.

Several institutional investors have recently bought and sold shares of LOCO. Trexquant Investment LP acquired a new stake in El Pollo LoCo during the second quarter worth about $121,000. Engineers Gate Manager LP bought a new position in El Pollo LoCo in the 2nd quarter worth approximately $124,000. SG Americas Securities LLC bought a new position in El Pollo LoCo in the 2nd quarter worth approximately $128,000. Aperio Group LLC bought a new position in El Pollo LoCo in the 2nd quarter worth approximately $133,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of El Pollo LoCo during the 3rd quarter valued at $158,000. Institutional investors and hedge funds own 84.83% of the company’s stock.

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 October 15, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

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