El Pollo LoCo Holdings Inc (NASDAQ:LOCO) Expected to Post Quarterly Sales of $105.37 Million

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Equities analysts expect El Pollo LoCo Holdings Inc (NASDAQ:LOCO) to announce $105.37 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for El Pollo LoCo’s earnings, with estimates ranging from $100.71 million to $108.40 million. El Pollo LoCo posted sales of $106.26 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 0.8%. The business is scheduled to issue its next earnings results on Thursday, March 5th.

On average, analysts expect that El Pollo LoCo will report full year sales of $440.18 million for the current financial year, with estimates ranging from $435.59 million to $443.20 million. For the next fiscal year, analysts forecast that the firm will post sales of $451.10 million, with estimates ranging from $441.70 million to $461.84 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that cover El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings data on Thursday, October 31st. The restaurant operator reported $0.20 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.02. The firm had revenue of $112.10 million during the quarter, compared to analyst estimates of $110.21 million. El Pollo LoCo had a positive return on equity of 10.85% and a negative net margin of 0.46%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $0.19 earnings per share.

LOCO has been the topic of several recent analyst reports. BidaskClub downgraded shares of El Pollo LoCo from a “buy” rating to a “hold” rating in a research note on Saturday, November 16th. ValuEngine cut shares of El Pollo LoCo from a “buy” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of El Pollo LoCo from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Wednesday. SunTrust Banks increased their price objective on shares of El Pollo LoCo to $14.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Finally, Guggenheim set a $15.00 price objective on shares of El Pollo LoCo and gave the stock a “buy” rating in a research note on Friday, November 1st. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $15.67.

El Pollo LoCo stock opened at $16.16 on Friday. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 1.25. El Pollo LoCo has a twelve month low of $9.60 and a twelve month high of $18.47. The company’s 50-day moving average price is $14.06 and its 200-day moving average price is $11.55. The company has a market cap of $562.31 million, a PE ratio of 21.84, a price-to-earnings-growth ratio of 2.22 and a beta of 0.78.

Institutional investors and hedge funds have recently bought and sold shares of the stock. D. E. Shaw & Co. Inc. boosted its holdings in El Pollo LoCo by 23.6% during the second quarter. D. E. Shaw & Co. Inc. now owns 136,904 shares of the restaurant operator’s stock worth $1,459,000 after buying an additional 26,144 shares in the last quarter. Morgan Stanley boosted its position in El Pollo LoCo by 171.4% during the second quarter. Morgan Stanley now owns 158,175 shares of the restaurant operator’s stock worth $1,686,000 after purchasing an additional 99,901 shares in the last quarter. Rhumbline Advisers boosted its position in El Pollo LoCo by 3.8% during the third quarter. Rhumbline Advisers now owns 68,238 shares of the restaurant operator’s stock worth $748,000 after purchasing an additional 2,513 shares in the last quarter. Northern Trust Corp grew its holdings in El Pollo LoCo by 2.8% in the second quarter. Northern Trust Corp now owns 263,938 shares of the restaurant operator’s stock valued at $2,814,000 after purchasing an additional 7,309 shares during the period. Finally, Hancock Whitney Corp grew its holdings in El Pollo LoCo by 16.5% in the third quarter. Hancock Whitney Corp now owns 14,761 shares of the restaurant operator’s stock valued at $162,000 after purchasing an additional 2,090 shares during the period. Hedge funds and other institutional investors own 98.86% 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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Earnings History and Estimates for El Pollo LoCo (NASDAQ:LOCO)

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