Robert W. Baird Trims El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Target Price to $12.00

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) had its price objective lowered by stock analysts at Robert W. Baird from $15.00 to $12.00 in a report issued on Friday, November 3rd. The firm presently has a “neutral” rating on the restaurant operator’s stock. Robert W. Baird’s price target suggests a potential upside of 18.23% from the company’s previous close.

Other research analysts also recently issued reports about the company. Jefferies Group LLC reaffirmed a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. BidaskClub cut El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Zacks Investment Research upgraded El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Morgan Stanley dropped their price target on El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating for the company in a research report on Monday, August 7th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $13.00.

Shares of El Pollo Loco Holdings (NASDAQ LOCO) traded up $0.05 during midday trading on Friday, reaching $10.15. The company had a trading volume of 197,163 shares, compared to its average volume of 295,775. El Pollo Loco Holdings has a 52-week low of $9.55 and a 52-week high of $14.85. The stock has a market capitalization of $392.31, a price-to-earnings ratio of 15.94, a P/E/G ratio of 1.11 and a beta of 0.35. The company has a current ratio of 0.35, a quick ratio of 0.31 and a debt-to-equity ratio of 0.31.

El Pollo Loco Holdings (NASDAQ:LOCO) last announced its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). El Pollo Loco Holdings had a net margin of 2.27% and a return on equity of 9.14%. The company had revenue of $101.16 million during the quarter, compared to analyst estimates of $103.71 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The company’s revenue was up 5.6% compared to the same quarter last year. sell-side analysts anticipate that El Pollo Loco Holdings will post 0.62 earnings per share for the current year.

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A number of large investors have recently modified their holdings of the business. Arizona State Retirement System grew its holdings in El Pollo Loco Holdings by 0.9% in the 1st quarter. Arizona State Retirement System now owns 11,200 shares of the restaurant operator’s stock valued at $134,000 after buying an additional 100 shares in the last quarter. Texas Permanent School Fund grew its holdings in El Pollo Loco Holdings by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock valued at $218,000 after buying an additional 130 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in El Pollo Loco Holdings by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 69,818 shares of the restaurant operator’s stock valued at $967,000 after buying an additional 437 shares in the last quarter. Wells Fargo & Company MN grew its holdings in El Pollo Loco Holdings by 2.5% in the 2nd quarter. Wells Fargo & Company MN now owns 18,582 shares of the restaurant operator’s stock valued at $258,000 after buying an additional 462 shares in the last quarter. Finally, Thrivent Financial For Lutherans grew its holdings in El Pollo Loco Holdings by 4.3% in the 1st quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock valued at $145,000 after buying an additional 500 shares in the last quarter. Institutional investors own 79.59% of the company’s stock.

El Pollo Loco Holdings Company Profile

El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.

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