Investment analysts at Craig Hallum initiated coverage on shares of El Pollo Loco (NASDAQ:LOCO - Get Free Report) in a research report issued on Tuesday,Briefing.com Automated Import reports. The brokerage set a "buy" rating and a $18.00 price target on the restaurant operator's stock. Craig Hallum's price target would indicate a potential upside of 72.74% from the company's previous close.
A number of other brokerages also recently issued reports on LOCO. StockNews.com raised shares of El Pollo Loco from a "hold" rating to a "buy" rating in a research report on Tuesday. Benchmark reaffirmed a "hold" rating on shares of El Pollo Loco in a report on Monday.
Check Out Our Latest Report on LOCO
El Pollo Loco Stock Performance
El Pollo Loco stock opened at $10.42 on Tuesday. El Pollo Loco has a fifty-two week low of $8.17 and a fifty-two week high of $14.25. The company has a market capitalization of $311.96 million, a PE ratio of 13.19 and a beta of 1.50. The company has a 50 day moving average price of $11.61 and a 200-day moving average price of $12.44. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.29 and a current ratio of 0.31.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last posted its earnings results on Thursday, March 6th. The restaurant operator reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.06. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. The business had revenue of $114.28 million for the quarter, compared to the consensus estimate of $113.19 million. As a group, equities analysts forecast that El Pollo Loco will post 0.83 earnings per share for the current year.
Institutional Investors Weigh In On El Pollo Loco
Several hedge funds have recently modified their holdings of LOCO. Point72 DIFC Ltd purchased a new stake in shares of El Pollo Loco in the third quarter valued at approximately $27,000. Point72 Asia Singapore Pte. Ltd. increased its holdings in El Pollo Loco by 91.8% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator's stock worth $29,000 after acquiring an additional 1,002 shares in the last quarter. Quantbot Technologies LP acquired a new position in El Pollo Loco during the fourth quarter worth $70,000. Quarry LP raised its position in El Pollo Loco by 235.6% during the fourth quarter. Quarry LP now owns 7,389 shares of the restaurant operator's stock worth $85,000 after acquiring an additional 5,187 shares during the period. Finally, Aquatic Capital Management LLC acquired a new stake in shares of El Pollo Loco in the fourth quarter valued at about $107,000. 81.28% of the stock is owned by hedge funds and other institutional investors.
About El Pollo Loco
(
Get Free Report)
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. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider El Pollo Loco, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and El Pollo Loco wasn't on the list.
While El Pollo Loco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
