Analysts Expect El Pollo LoCo Holdings Inc (LOCO) to Post $0.16 EPS

Equities analysts forecast that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report earnings of $0.16 per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for El Pollo LoCo’s earnings, with the lowest EPS estimate coming in at $0.15 and the highest estimate coming in at $0.17. El Pollo LoCo also posted earnings per share of $0.16 during the same quarter last year. The company is expected to issue its next earnings results on Thursday, May 3rd.

On average, analysts expect that El Pollo LoCo will report full year earnings of $0.69 per share for the current fiscal year, with EPS estimates ranging from $0.67 to $0.71. For the next year, analysts anticipate that the business will report earnings of $0.72 per share, with EPS estimates ranging from $0.68 to $0.78. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, March 8th. The restaurant operator reported $0.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The firm had revenue of $95.20 million for the quarter, compared to the consensus estimate of $95.24 million. El Pollo LoCo had a return on equity of 9.00% and a net margin of 2.15%. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.12 EPS.

Several brokerages have weighed in on LOCO. BidaskClub upgraded El Pollo LoCo from a “strong sell” rating to a “sell” rating in a report on Friday, March 2nd. ValuEngine downgraded El Pollo LoCo from a “hold” rating to a “sell” rating in a report on Friday, April 6th. Zacks Investment Research upgraded El Pollo LoCo from a “sell” rating to a “hold” rating in a report on Thursday, January 4th. Morgan Stanley restated an “equal weight” rating and set a $11.00 price target (down previously from $12.00) on shares of El Pollo LoCo in a report on Monday, March 12th. Finally, SunTrust Banks set a $11.00 price target on El Pollo LoCo and gave the stock a “hold” rating in a report on Thursday, March 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $12.40.

NASDAQ LOCO traded up $0.10 during trading hours on Friday, hitting $9.80. 561,426 shares of the company were exchanged, compared to its average volume of 276,517. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.44 and a quick ratio of 0.39. El Pollo LoCo has a 52-week low of $9.05 and a 52-week high of $14.85. The company has a market cap of $378.89, a price-to-earnings ratio of 15.56, a price-to-earnings-growth ratio of 0.94 and a beta of 0.32.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of El Pollo LoCo by 849.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock valued at $206,000 after purchasing an additional 15,252 shares during the period. Wells Fargo & Company MN boosted its position in shares of El Pollo LoCo by 54.4% in the 3rd quarter. Wells Fargo & Company MN now owns 28,684 shares of the restaurant operator’s stock valued at $350,000 after purchasing an additional 10,102 shares during the period. Schwab Charles Investment Management Inc. boosted its position in shares of El Pollo LoCo by 28.2% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 89,539 shares of the restaurant operator’s stock valued at $1,088,000 after purchasing an additional 19,721 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of El Pollo LoCo by 33.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 702,559 shares of the restaurant operator’s stock valued at $8,536,000 after purchasing an additional 176,213 shares during the period. Finally, Personal Capital Advisors Corp boosted its position in shares of El Pollo LoCo by 7.3% in the 4th quarter. Personal Capital Advisors Corp now owns 80,101 shares of the restaurant operator’s stock valued at $793,000 after purchasing an additional 5,450 shares during the period. Institutional investors and hedge funds own 78.92% of the company’s stock.

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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 specializes in offering flame-grilled chicken. As of March 8, 2018, it had approximately 475 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, and Utah.

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

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