Wall Street analysts forecast that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will post $95.00 million in sales for the current quarter, according to Zacks. Four analysts have provided estimates for El Pollo LoCo’s earnings, with the lowest sales estimate coming in at $94.64 million and the highest estimate coming in at $95.40 million. El Pollo LoCo reported sales of $92.48 million in the same quarter last year, which would suggest a positive year over year growth rate of 2.7%. The business is expected to report its next earnings report on Thursday, March 8th.
According to Zacks, analysts expect that El Pollo LoCo will report full-year sales of $95.00 million for the current financial year, with estimates ranging from $401.13 million to $403.31 million. For the next financial year, analysts expect that the business will post sales of $423.31 million per share, with estimates ranging from $417.33 million to $431.17 million. Zacks’ sales averages are an average based on a survey of analysts that follow El Pollo LoCo.
El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). The company had revenue of $101.16 million for the quarter, compared to analyst estimates of $103.71 million. El Pollo LoCo had a return on equity of 9.14% and a net margin of 2.27%. The business’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.18 earnings per share.
A number of hedge funds have recently made changes to their positions in the business. BNP Paribas Arbitrage SA boosted its stake in shares of El Pollo LoCo by 103.0% in the third quarter. BNP Paribas Arbitrage SA now owns 11,188 shares of the restaurant operator’s stock valued at $136,000 after purchasing an additional 5,678 shares during the period. Garner Asset Management Corp purchased a new position in shares of El Pollo LoCo in the second quarter valued at approximately $145,000. Virtu KCG Holdings LLC purchased a new position in shares of El Pollo LoCo in the second quarter valued at approximately $157,000. Thrivent Financial For Lutherans boosted its stake in shares of El Pollo LoCo by 6.5% in the second quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock valued at $179,000 after purchasing an additional 790 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of El Pollo LoCo by 849.2% in the third quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock valued at $206,000 after purchasing an additional 15,252 shares during the period. 78.11% of the stock is owned by institutional investors.
Shares of El Pollo LoCo (NASDAQ LOCO) opened at $10.40 on Friday. The company has a market cap of $401.98, a PE ratio of 45.22, a PEG ratio of 1.06 and a beta of 0.31. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.35 and a quick ratio of 0.31. El Pollo LoCo has a 12-month low of $9.55 and a 12-month high of $14.85.
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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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