Wall Street analysts predict that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report earnings per share (EPS) of $0.10 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for El Pollo LoCo’s earnings. The highest EPS estimate is $0.10 and the lowest is $0.09. El Pollo LoCo posted earnings of $0.12 per share during the same quarter last year, which suggests a negative year over year growth rate of 16.7%. The company is expected to announce its next quarterly earnings results on Thursday, March 8th.

On average, analysts expect that El Pollo LoCo will report full-year earnings of $0.61 per share for the current financial year, with EPS estimates ranging from $0.61 to $0.62. For the next financial year, analysts forecast that the business will post earnings of $0.72 per share, with EPS estimates ranging from $0.66 to $0.77. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow El Pollo LoCo.

A number of equities analysts have issued reports on LOCO shares. Zacks Investment Research raised shares of El Pollo LoCo from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Wednesday, October 25th. Robert W. Baird reduced their price objective on shares of El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating on the stock in a research note on Friday, November 3rd. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $12.00 price objective on shares of El Pollo LoCo in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $13.00.

Shares of El Pollo LoCo (NASDAQ:LOCO) remained flat at $$9.40 during mid-day trading on Tuesday. 197,599 shares of the company were exchanged, compared to its average volume of 420,707. El Pollo LoCo has a 1-year low of $9.05 and a 1-year high of $14.85. The stock has a market capitalization of $363.33, a P/E ratio of 40.87, a PEG ratio of 0.86 and a beta of 0.34. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.35 and a quick ratio of 0.31.

Hedge funds and other institutional investors have recently made changes to their positions in the company. New York State Common Retirement Fund boosted its position in shares of El Pollo LoCo by 229.8% during the second quarter. New York State Common Retirement Fund now owns 68,594 shares of the restaurant operator’s stock worth $950,000 after purchasing an additional 47,793 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of El Pollo LoCo by 54.4% during the third quarter. Wells Fargo & Company MN now owns 28,684 shares of the restaurant operator’s stock worth $350,000 after purchasing an additional 10,102 shares in the last quarter. Trexquant Investment LP bought a new position in shares of El Pollo LoCo during the third quarter worth $253,000. Dimensional Fund Advisors LP boosted its position in shares of El Pollo LoCo by 23.0% during the second quarter. Dimensional Fund Advisors LP now owns 526,346 shares of the restaurant operator’s stock worth $7,290,000 after purchasing an additional 98,391 shares in the last quarter. Finally, OxFORD Asset Management LLP boosted its position in shares of El Pollo LoCo by 22.5% during the third quarter. OxFORD Asset Management LLP now owns 292,812 shares of the restaurant operator’s stock worth $3,543,000 after purchasing an additional 53,730 shares in the last quarter. 78.28% of the stock is currently owned by institutional investors.

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El Pollo LoCo 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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