Wall Street analysts expect that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report $109.39 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for El Pollo LoCo’s earnings, with estimates ranging from $108.50 million to $111.09 million. El Pollo LoCo reported sales of $101.16 million during the same quarter last year, which indicates a positive year over year growth rate of 8.1%. The company is scheduled to report its next earnings results on Thursday, November 1st.

On average, analysts expect that El Pollo LoCo will report full-year sales of $430.14 million for the current year, with estimates ranging from $428.60 million to $432.93 million. For the next financial year, analysts expect that the business will report sales of $446.13 million per share, with estimates ranging from $436.70 million to $455.84 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that that provide coverage for El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, August 2nd. The restaurant operator reported $0.22 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.22. El Pollo LoCo had a return on equity of 9.33% and a net margin of 0.85%. The firm had revenue of $111.60 million during the quarter, compared to analysts’ expectations of $111.70 million. During the same period in the previous year, the firm earned $0.21 EPS. The company’s quarterly revenue was up 5.7% compared to the same quarter last year.

A number of equities analysts have recently commented on the company. BidaskClub cut El Pollo LoCo from a “buy” rating to a “hold” rating in a report on Thursday. Zacks Investment Research cut El Pollo LoCo from a “hold” rating to a “sell” rating in a report on Wednesday, July 4th. Jefferies Financial Group reissued a “buy” rating and set a $14.00 price target on shares of El Pollo LoCo in a report on Friday, July 13th. TheStreet raised El Pollo LoCo from a “c” rating to a “b-” rating in a report on Friday, August 3rd. Finally, ValuEngine raised El Pollo LoCo from a “sell” rating to a “hold” rating in a report on Wednesday, August 15th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. El Pollo LoCo has a consensus rating of “Hold” and an average target price of $12.20.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Connor Clark & Lunn Investment Management Ltd. increased its holdings in El Pollo LoCo by 86.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,675 shares of the restaurant operator’s stock worth $236,000 after purchasing an additional 9,600 shares in the last quarter. Trexquant Investment LP acquired a new position in El Pollo LoCo in the 2nd quarter worth about $121,000. Engineers Gate Manager LP acquired a new position in El Pollo LoCo in the 2nd quarter worth about $124,000. SG Americas Securities LLC acquired a new position in El Pollo LoCo in the 2nd quarter worth about $128,000. Finally, Aperio Group LLC acquired a new position in El Pollo LoCo in the 2nd quarter worth about $133,000. 84.44% of the stock is owned by institutional investors and hedge funds.

Shares of El Pollo LoCo stock traded down $0.20 during trading on Monday, reaching $13.15. 5,945 shares of the company’s stock were exchanged, compared to its average volume of 304,818. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.47 and a current ratio of 0.51. El Pollo LoCo has a 1-year low of $9.05 and a 1-year high of $14.40. The stock has a market capitalization of $521.22 million, a P/E ratio of 21.03, a price-to-earnings-growth ratio of 1.27 and a beta of 0.37.

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 August 20, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

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

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