El Pollo Loco (NASDAQ:LOCO) Posts Earnings Results, Beats Estimates By $0.08 EPS

El Pollo Loco (NASDAQ:LOCO) released its quarterly earnings results on Thursday. The restaurant operator reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08, Briefing.com reports. El Pollo Loco had a net margin of 5.45% and a return on equity of 9.20%. The company had revenue of $116.15 million for the quarter, compared to analyst estimates of $111.09 million. During the same period last year, the firm earned $0.14 earnings per share. The firm’s revenue was up 1.4% on a year-over-year basis.

El Pollo Loco Stock Performance

LOCO stock traded up $1.41 during mid-day trading on Friday, hitting $10.01. The company had a trading volume of 3,281,040 shares, compared to its average volume of 283,541. The firm has a market cap of $312.11 million, a PE ratio of 13.35 and a beta of 1.44. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.32 and a current ratio of 0.35. El Pollo Loco has a 12 month low of $8.11 and a 12 month high of $11.99. The stock’s fifty day moving average price is $8.89 and its two-hundred day moving average price is $8.83.

Analyst Ratings Changes

LOCO has been the topic of a number of recent analyst reports. Truist Financial raised their price target on shares of El Pollo Loco from $10.00 to $12.00 and gave the company a “hold” rating in a research report on Friday. StockNews.com lowered shares of El Pollo Loco from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

About El Pollo Loco

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. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.