El Pollo Loco Holdings Inc. (NASDAQ:LOCO) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “El Pollo Loco Holdings, Inc., through its subsidiary, develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco. The restaurants specializes in flame-grilled chicken in a variety of contemporary Mexican-influenced entrees, including specialty chicken burritos, chicken quesadillas, chicken tortilla soup, Pollo Bowls and Pollo Salads. El Pollo Loco Holdings, Inc. is headquartered in Costa Mesa, California. “

Several other equities research analysts also recently weighed in on LOCO. Stifel Nicolaus downgraded shares of El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th. Jefferies Group reissued a “buy” rating and issued a $16.00 target price on shares of El Pollo Loco Holdings in a research report on Thursday, August 4th. Morgan Stanley reaffirmed a “hold” rating and issued a $15.00 price target on shares of El Pollo Loco Holdings in a report on Friday, August 5th. Robert W. Baird reaffirmed a “neutral” rating and issued a $15.00 price target on shares of El Pollo Loco Holdings in a report on Monday, August 8th. Finally, William Blair lowered shares of El Pollo Loco Holdings from an “outperform” rating to a “market perform” rating in a report on Friday, November 4th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $15.34.

Analyst Recommendations for El Pollo Loco Holdings (NASDAQ:LOCO)

El Pollo Loco Holdings (NASDAQ:LOCO) opened at 11.75 on Wednesday. El Pollo Loco Holdings has a 12-month low of $9.58 and a 12-month high of $15.44. The company’s 50-day moving average is $12.10 and its 200 day moving average is $12.58. The stock has a market capitalization of $451.42 million, a PE ratio of 19.58 and a beta of 0.20.

El Pollo Loco Holdings (NASDAQ:LOCO) last released its earnings results on Thursday, November 3rd. The company reported $0.18 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by $0.01. The company earned $95.80 million during the quarter, compared to the consensus estimate of $97.25 million. El Pollo Loco Holdings had a return on equity of 10.63% and a net margin of 6.23%. El Pollo Loco Holdings’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 EPS. On average, analysts predict that El Pollo Loco Holdings will post $0.67 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of LOCO. Baird Financial Group Inc. raised its position in El Pollo Loco Holdings by 1.5% in the second quarter. Baird Financial Group Inc. now owns 13,556 shares of the company’s stock worth $177,000 after buying an additional 198 shares during the last quarter. California State Teachers Retirement System raised its position in El Pollo Loco Holdings by 0.9% in the third quarter. California State Teachers Retirement System now owns 42,924 shares of the company’s stock worth $540,000 after buying an additional 400 shares during the last quarter. American International Group Inc. raised its position in El Pollo Loco Holdings by 4.4% in the second quarter. American International Group Inc. now owns 11,675 shares of the company’s stock worth $152,000 after buying an additional 496 shares during the last quarter. Paradigm Asset Management Co. LLC raised its position in El Pollo Loco Holdings by 6.0% in the second quarter. Paradigm Asset Management Co. LLC now owns 8,800 shares of the company’s stock worth $114,000 after buying an additional 500 shares during the last quarter. Finally, BlackRock Advisors LLC raised its position in El Pollo Loco Holdings by 6.1% in the third quarter. BlackRock Advisors LLC now owns 10,948 shares of the company’s stock worth $138,000 after buying an additional 633 shares during the last quarter. 73.49% of the stock is owned by hedge funds and other institutional investors.

El Pollo Loco Holdings Company Profile

El Pollo Loco Holdings, Inc is a restaurant concept that offers fire-grilling citrus-marinated chicken. The Company operates in the limited service restaurant segment. The Company’s activities are conducted through its subsidiary, El Pollo Loco, Inc (EPL), which develops, franchises, licenses and operates quick-service restaurants under the name El Pollo Loco.

5 Day Chart for NASDAQ:LOCO

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