Zacks Investment Research upgraded shares of El Pollo LoCo (NASDAQ:LOCO) from a sell rating to a hold rating in a report published on Saturday, Zacks.com reports.

According to Zacks, “El Pollo Loco Holdings, Inc., through its subsidiary, develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco. The restaurants specializes in flame-grilled chicken in a variety of contemporary Mexican-influenced entrees, including specialty chicken burritos, chicken quesadillas, chicken tortilla soup, Pollo Bowls and Pollo Salads. El Pollo Loco Holdings, Inc. is headquartered in Costa Mesa, California. “

Other analysts also recently issued reports about the company. ValuEngine upgraded El Pollo LoCo from a hold rating to a buy rating in a research report on Wednesday, May 1st. BidaskClub downgraded El Pollo LoCo from a hold rating to a sell rating in a research report on Thursday, April 4th. Finally, TheStreet downgraded El Pollo LoCo from a b rating to a c rating in a research report on Friday, March 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. El Pollo LoCo presently has an average rating of Hold and an average price target of $16.25.

LOCO opened at $10.82 on Friday. The firm has a market capitalization of $415.85 million, a P/E ratio of 14.62, a PEG ratio of 1.46 and a beta of 0.47. El Pollo LoCo has a 1 year low of $10.02 and a 1 year high of $18.47. The company has a quick ratio of 0.26, a current ratio of 0.28 and a debt-to-equity ratio of 1.03.

El Pollo LoCo (NASDAQ:LOCO) last released its earnings results on Thursday, May 2nd. The restaurant operator reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The company had revenue of $108.98 million for the quarter, compared to the consensus estimate of $109.42 million. El Pollo LoCo had a negative net margin of 2.42% and a positive return on equity of 10.29%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 earnings per share. On average, research analysts expect that El Pollo LoCo will post 0.72 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Riverhead Capital Management LLC acquired a new position in shares of El Pollo LoCo during the 1st quarter worth $55,000. BNP Paribas Arbitrage SA raised its holdings in shares of El Pollo LoCo by 253.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,981 shares of the restaurant operator’s stock worth $65,000 after buying an additional 3,573 shares in the last quarter. Tyers Asset Management LLC acquired a new position in shares of El Pollo LoCo during the 1st quarter worth $68,000. Quantamental Technologies LLC acquired a new position in shares of El Pollo LoCo during the 4th quarter worth $79,000. Finally, LS Investment Advisors LLC raised its holdings in shares of El Pollo LoCo by 582.2% during the 4th quarter. LS Investment Advisors LLC now owns 5,389 shares of the restaurant operator’s stock worth $82,000 after buying an additional 4,599 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

About El Pollo LoCo

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.

Featured Article: Discount Rate

Get a free copy of the Zacks research report on El Pollo LoCo (LOCO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for El Pollo LoCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo LoCo and related companies with MarketBeat.com's FREE daily email newsletter.