El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) – Stock analysts at Jefferies Group dropped their Q3 2017 earnings per share (EPS) estimates for El Pollo Loco Holdings in a research note issued on Friday. Jefferies Group analyst A. Barish now anticipates that the restaurant operator will post earnings per share of $0.18 for the quarter, down from their prior forecast of $0.20. Jefferies Group currently has a “Buy” rating on the stock. Jefferies Group also issued estimates for El Pollo Loco Holdings’ Q4 2017 earnings at $0.12 EPS, Q1 2018 earnings at $0.17 EPS, Q2 2018 earnings at $0.21 EPS, Q3 2018 earnings at $0.19 EPS and Q4 2018 earnings at $0.13 EPS.

El Pollo Loco Holdings (NASDAQ:LOCO) last posted its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. El Pollo Loco Holdings had a return on equity of 9.51% and a net margin of 4.61%. The firm had revenue of $105.60 million during the quarter, compared to analysts’ expectations of $105.83 million. During the same quarter last year, the firm earned $0.19 earnings per share. The business’s revenue for the quarter was up 8.3% on a year-over-year basis.

ILLEGAL ACTIVITY NOTICE: This report was first reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/08/07/el-pollo-loco-holdings-inc-to-post-q3-2017-earnings-of-0-18-per-share-jefferies-group-forecasts-loco.html.

A number of other equities analysts have also recently weighed in on LOCO. Zacks Investment Research raised shares of El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. TheStreet raised shares of El Pollo Loco Holdings from a “d+” rating to a “c-” rating in a research report on Thursday, April 20th. Robert W. Baird increased their price target on shares of El Pollo Loco Holdings from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Friday, June 9th. Finally, BidaskClub cut shares of El Pollo Loco Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $15.25.

Shares of El Pollo Loco Holdings (NASDAQ LOCO) opened at 12.10 on Monday. The firm has a market cap of $465.45 million, a PE ratio of 26.89 and a beta of 0.31. El Pollo Loco Holdings has a 12-month low of $10.08 and a 12-month high of $14.85. The company has a 50 day moving average price of $13.69 and a 200 day moving average price of $12.89.

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in El Pollo Loco Holdings by 6.4% in the first quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock valued at $22,104,000 after buying an additional 111,692 shares during the period. Champlain Investment Partners LLC raised its stake in El Pollo Loco Holdings by 4.3% in the first quarter. Champlain Investment Partners LLC now owns 1,337,960 shares of the restaurant operator’s stock valued at $15,989,000 after buying an additional 55,500 shares during the period. Dimensional Fund Advisors LP raised its stake in El Pollo Loco Holdings by 95.0% in the first quarter. Dimensional Fund Advisors LP now owns 427,955 shares of the restaurant operator’s stock valued at $5,114,000 after buying an additional 208,537 shares during the period. State Street Corp raised its stake in El Pollo Loco Holdings by 10.1% in the fourth quarter. State Street Corp now owns 380,158 shares of the restaurant operator’s stock valued at $4,679,000 after buying an additional 34,822 shares during the period. Finally, Morgan Stanley raised its stake in El Pollo Loco Holdings by 27.2% in the first quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock valued at $3,537,000 after buying an additional 63,290 shares during the period. Hedge funds and other institutional investors own 77.43% of the company’s stock.

About El Pollo Loco Holdings

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.

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

Receive News & Stock Ratings for El Pollo Loco Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco Holdings Inc. and related stocks with our FREE daily email newsletter.