Equities research analysts forecast that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report sales of $110.36 million for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for El Pollo LoCo’s earnings, with the highest sales estimate coming in at $113.10 million and the lowest estimate coming in at $108.22 million. El Pollo LoCo reported sales of $112.18 million during the same quarter last year, which would suggest a negative year over year growth rate of 1.6%. The business is scheduled to report its next quarterly earnings results after the market closes on Thursday, October 31st.
According to Zacks, analysts expect that El Pollo LoCo will report full year sales of $437.93 million for the current financial year, with estimates ranging from $433.30 million to $444.00 million. For the next year, analysts forecast that the firm will report sales of $448.40 million, with estimates ranging from $443.48 million to $455.07 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover El Pollo LoCo.
El Pollo LoCo (NASDAQ:LOCO) last released its earnings results on Thursday, August 1st. The restaurant operator reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. El Pollo LoCo had a negative net margin of 0.36% and a positive return on equity of 10.49%. The business had revenue of $113.74 million for the quarter, compared to the consensus estimate of $113.74 million. During the same period in the previous year, the firm earned $0.22 EPS. The business’s revenue for the quarter was up 1.9% on a year-over-year basis.
Shares of LOCO stock traded up $0.08 during trading hours on Thursday, reaching $12.06. 281,577 shares of the stock traded hands, compared to its average volume of 459,078. El Pollo LoCo has a 1-year low of $9.60 and a 1-year high of $18.47. The business has a fifty day moving average price of $11.26 and a 200 day moving average price of $11.10. The company has a quick ratio of 0.34, a current ratio of 0.37 and a debt-to-equity ratio of 1.08. The firm has a market capitalization of $437.63 million, a PE ratio of 16.30, a PEG ratio of 1.69 and a beta of 0.57.
Several hedge funds have recently made changes to their positions in the company. Bank of Montreal Can acquired a new stake in shares of El Pollo LoCo during the 2nd quarter worth about $29,000. United Services Automobile Association increased its position in shares of El Pollo LoCo by 12.4% during the 2nd quarter. United Services Automobile Association now owns 11,566 shares of the restaurant operator’s stock worth $123,000 after purchasing an additional 1,276 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of El Pollo LoCo by 24.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,586 shares of the restaurant operator’s stock worth $155,000 after purchasing an additional 2,909 shares in the last quarter. State of Alaska Department of Revenue increased its position in shares of El Pollo LoCo by 112.7% during the 3rd quarter. State of Alaska Department of Revenue now owns 15,834 shares of the restaurant operator’s stock worth $173,000 after purchasing an additional 8,388 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of El Pollo LoCo during the 3rd quarter worth about $207,000. Institutional investors own 95.54% of the company’s stock.
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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