Brokerages Anticipate El Pollo LoCo Holdings Inc (NASDAQ:LOCO) to Post $0.18 Earnings Per Share

Wall Street analysts predict that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will post $0.18 earnings per share for the current quarter, according to Zacks. Four analysts have provided estimates for El Pollo LoCo’s earnings. The highest EPS estimate is $0.19 and the lowest is $0.17. El Pollo LoCo reported earnings per share of $0.19 during the same quarter last year, which would suggest a negative year over year growth rate of 5.3%. The company is scheduled to report its next earnings report on Thursday, November 7th.

On average, analysts expect that El Pollo LoCo will report full year earnings of $0.70 per share for the current year, with EPS estimates ranging from $0.69 to $0.72. For the next fiscal year, analysts expect that the business will report earnings of $0.74 per share, with EPS estimates ranging from $0.67 to $0.81. Zacks’ earnings per share averages are a mean average based on a survey of research firms that cover El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, August 1st. The restaurant operator reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $113.74 million for the quarter, compared to the consensus estimate of $113.74 million. El Pollo LoCo had a positive return on equity of 10.49% and a negative net margin of 0.36%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.22 earnings per share.

Several research firms recently issued reports on LOCO. BidaskClub raised El Pollo LoCo from a “strong sell” rating to a “sell” rating in a research report on Saturday. Zacks Investment Research downgraded El Pollo LoCo from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, ValuEngine downgraded El Pollo LoCo from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $17.00.

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of El Pollo LoCo by 24.9% in the second quarter. JPMorgan Chase & Co. now owns 14,586 shares of the restaurant operator’s stock valued at $155,000 after purchasing an additional 2,909 shares in the last quarter. Investment Counselors of Maryland LLC lifted its holdings in shares of El Pollo LoCo by 66.4% in the second quarter. Investment Counselors of Maryland LLC now owns 1,430,820 shares of the restaurant operator’s stock valued at $15,253,000 after purchasing an additional 571,125 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of El Pollo LoCo by 2.6% in the second quarter. Bessemer Group Inc. now owns 79,000 shares of the restaurant operator’s stock valued at $842,000 after purchasing an additional 2,000 shares in the last quarter. 6 Meridian lifted its holdings in shares of El Pollo LoCo by 5.0% in the second quarter. 6 Meridian now owns 30,446 shares of the restaurant operator’s stock valued at $325,000 after purchasing an additional 1,458 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of El Pollo LoCo in the first quarter valued at about $144,000. 91.66% of the stock is currently owned by institutional investors.

Shares of LOCO stock traded up $0.06 during trading hours on Wednesday, reaching $11.06. 480,423 shares of the company’s stock were exchanged, compared to its average volume of 491,658. The company has a current ratio of 0.13, a quick ratio of 0.26 and a debt-to-equity ratio of 1.03. The business’s 50 day moving average price is $10.49. El Pollo LoCo has a fifty-two week low of $9.60 and a fifty-two week high of $18.47. The stock has a market cap of $419.66 million, a P/E ratio of 14.95, a price-to-earnings-growth ratio of 1.58 and a beta of 0.46.

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 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.

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

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