Somewhat Positive Press Coverage Somewhat Unlikely to Affect El Pollo Loco Holdings (LOCO) Stock Price
Headlines about El Pollo Loco Holdings (NASDAQ:LOCO) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. El Pollo Loco Holdings earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news coverage about the restaurant operator an impact score of 46.0960353949356 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
LOCO has been the topic of a number of recent research reports. Jefferies Group LLC reaffirmed a “buy” rating and issued a $15.00 target price on shares of El Pollo Loco Holdings in a research report on Tuesday, August 22nd. Zacks Investment Research raised shares of El Pollo Loco Holdings from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Wednesday, June 21st. Morgan Stanley reduced their target price on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Monday, August 7th. BidaskClub downgraded shares of El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Finally, Robert W. Baird upped 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 research report on Friday, June 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. El Pollo Loco Holdings presently has a consensus rating of “Hold” and a consensus price target of $14.75.
Shares of El Pollo Loco Holdings (NASDAQ LOCO) traded up 0.85% during trading on Friday, reaching $11.80. 145,202 shares of the company were exchanged. El Pollo Loco Holdings has a 1-year low of $10.08 and a 1-year high of $14.85. The firm’s 50 day moving average is $11.78 and its 200 day moving average is $12.68. The firm has a market capitalization of $456.08 million, a P/E ratio of 25.65 and a beta of 0.33.
El Pollo Loco Holdings (NASDAQ:LOCO) last posted its earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. El Pollo Loco Holdings had a return on equity of 9.56% and a net margin of 4.66%. The company had revenue of $105.60 million for the quarter, compared to analyst estimates of $105.83 million. During the same quarter in the previous year, the firm earned $0.19 earnings per share. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities analysts anticipate that El Pollo Loco Holdings will post $0.67 EPS for the current fiscal year.
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El Pollo Loco Holdings Company Profile
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.
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