Shares of El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) have been assigned an average recommendation of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $14.25.

Several equities research analysts recently weighed in on LOCO shares. Jefferies Group LLC reaffirmed a “buy” rating and set a $15.00 price objective on shares of El Pollo Loco Holdings in a research report on Tuesday, August 22nd. Morgan Stanley cut their price objective on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Monday, August 7th. BidaskClub cut shares of El Pollo Loco Holdings from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Zacks Investment Research cut shares of El Pollo Loco Holdings from a “buy” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, Robert W. Baird increased their target price on shares of El Pollo Loco Holdings from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Friday, June 9th.

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Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of El Pollo Loco Holdings by 6.4% in the first quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock worth $22,104,000 after acquiring an additional 111,692 shares during the last quarter. Champlain Investment Partners LLC lifted its holdings in shares of El Pollo Loco Holdings by 4.3% in the first quarter. Champlain Investment Partners LLC now owns 1,337,960 shares of the restaurant operator’s stock worth $15,989,000 after acquiring an additional 55,500 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of El Pollo Loco Holdings by 23.0% in the second quarter. Dimensional Fund Advisors LP now owns 526,346 shares of the restaurant operator’s stock worth $7,290,000 after acquiring an additional 98,391 shares during the last quarter. State Street Corp lifted its holdings in shares of El Pollo Loco Holdings by 4.6% in the second quarter. State Street Corp now owns 436,807 shares of the restaurant operator’s stock worth $6,052,000 after acquiring an additional 19,343 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of El Pollo Loco Holdings by 27.2% in the first quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock worth $3,537,000 after acquiring an additional 63,290 shares during the last quarter. 77.16% of the stock is owned by hedge funds and other institutional investors.

Shares of El Pollo Loco Holdings (LOCO) traded up 0.40% during trading on Friday, reaching $12.40. 158,276 shares of the company traded hands. The company has a 50-day moving average of $11.67 and a 200-day moving average of $12.71. El Pollo Loco Holdings has a 12 month low of $10.08 and a 12 month high of $14.85. The stock has a market capitalization of $479.27 million, a PE ratio of 26.96 and a beta of 0.36.

El Pollo Loco Holdings (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.01. El Pollo Loco Holdings had a net margin of 4.66% and a return on equity of 9.56%. The business had revenue of $105.60 million during the quarter, compared to analysts’ expectations of $105.83 million. During the same quarter in the prior year, the business posted $0.19 earnings per share. El Pollo Loco Holdings’s revenue was up 8.3% compared to the same quarter last year. Analysts forecast that El Pollo Loco Holdings will post $0.67 earnings per share for the current fiscal year.

About El Pollo Loco Holdings

El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.

Analyst Recommendations for El Pollo Loco Holdings (NASDAQ:LOCO)

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