BidaskClub lowered shares of El Pollo LoCo (NASDAQ:LOCO) from a buy rating to a hold rating in a research note released on Saturday, BidAskClub reports.

Several other brokerages have also recently issued reports on LOCO. Zacks Investment Research upgraded El Pollo LoCo from a hold rating to a buy rating and set a $16.00 price target for the company in a research note on Wednesday, November 6th. SunTrust Banks boosted their price target on El Pollo LoCo to $14.00 and gave the company a hold rating in a research note on Friday, November 1st. Guggenheim set a $15.00 price target on El Pollo LoCo and gave the company a buy rating in a research note on Friday, November 1st. Finally, ValuEngine upgraded El Pollo LoCo from a hold rating to a buy rating in a research note on Monday, November 4th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $15.00.

Shares of LOCO stock traded down $0.39 during trading on Friday, hitting $14.87. The company had a trading volume of 369,851 shares, compared to its average volume of 466,156. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.31 and a current ratio of 0.34. The firm has a market capitalization of $508.94 million, a P/E ratio of 20.09, a price-to-earnings-growth ratio of 2.01 and a beta of 0.58. The stock’s 50-day moving average price is $12.71 and its 200 day moving average price is $11.27. El Pollo LoCo has a one year low of $9.60 and a one year high of $18.47.

El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, October 31st. The restaurant operator reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $112.10 million during the quarter, compared to analysts’ expectations 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 firm’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.19 earnings per share. On average, research analysts anticipate that El Pollo LoCo will post 0.73 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. United Services Automobile Association raised its position in El Pollo LoCo by 12.4% during the second quarter. United Services Automobile Association now owns 11,566 shares of the restaurant operator’s stock valued at $123,000 after purchasing an additional 1,276 shares in the last quarter. 6 Meridian raised its position in El Pollo LoCo by 5.0% during the second quarter. 6 Meridian now owns 30,446 shares of the restaurant operator’s stock valued at $325,000 after purchasing an additional 1,458 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in El Pollo LoCo by 1.4% during the second quarter. Charles Schwab Investment Management Inc. now owns 130,275 shares of the restaurant operator’s stock valued at $1,389,000 after purchasing an additional 1,789 shares in the last quarter. Bessemer Group Inc. raised its position in El Pollo LoCo by 2.6% during the second quarter. Bessemer Group Inc. now owns 79,000 shares of the restaurant operator’s stock valued at $842,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Hancock Whitney Corp raised its position in El Pollo LoCo by 16.5% during 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 in the last quarter. Institutional investors and hedge funds own 95.49% 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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