El Pollo Loco (NASDAQ:LOCO - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Tuesday.
A number of other research firms also recently issued reports on LOCO. Craig Hallum assumed coverage on El Pollo Loco in a research note on Tuesday, March 11th. They set a "buy" rating and a $18.00 price target for the company. Benchmark reiterated a "hold" rating on shares of El Pollo Loco in a research report on Monday, March 10th.
Get Our Latest Analysis on LOCO
El Pollo Loco Stock Performance
Shares of NASDAQ:LOCO traded down $0.75 during midday trading on Tuesday, reaching $9.30. 616,120 shares of the company's stock traded hands, compared to its average volume of 268,498. El Pollo Loco has a one year low of $8.17 and a one year high of $14.25. The stock has a 50 day moving average of $11.24 and a 200 day moving average of $12.06. The company has a market cap of $276.93 million, a price-to-earnings ratio of 11.77 and a beta of 1.35. 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 announced its quarterly earnings results on Thursday, March 6th. The restaurant operator reported $0.20 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.06. The firm had revenue of $114.28 million during the quarter, compared to analyst estimates of $113.19 million. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. As a group, equities research analysts anticipate that El Pollo Loco will post 0.83 EPS for the current fiscal year.
Institutional Investors Weigh In On El Pollo Loco
Institutional investors have recently bought and sold shares of the business. Point72 DIFC Ltd bought a new stake in El Pollo Loco during the 3rd quarter valued at approximately $27,000. Point72 Asia Singapore Pte. Ltd. grew its stake in El Pollo Loco by 91.8% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator's stock valued at $29,000 after acquiring an additional 1,002 shares in the last quarter. Quantbot Technologies LP bought a new stake in El Pollo Loco in the 4th quarter valued at $70,000. Quarry LP boosted its holdings in shares of El Pollo Loco by 235.6% during the 4th quarter. Quarry LP now owns 7,389 shares of the restaurant operator's stock valued at $85,000 after purchasing an additional 5,187 shares during the last quarter. Finally, Aquatic Capital Management LLC bought a new position in shares of El Pollo Loco during the 4th quarter valued at about $107,000. Hedge funds and other institutional investors own 81.28% of the company's stock.
About El Pollo Loco
(
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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.
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