El Pollo LoCo Holdings Inc (LOCO) Expected to Post Quarterly Sales of $95.00 Million

Equities analysts expect that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will post $95.00 million in sales for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for El Pollo LoCo’s earnings, with estimates ranging from $94.64 million to $95.40 million. El Pollo LoCo reported sales of $92.48 million in the same quarter last year, which indicates a positive year-over-year growth rate of 2.7%. The company is expected to issue 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 year, with estimates ranging from $401.13 million to $401.93 million. For the next year, analysts forecast that the firm will report sales of $422.22 million per share, with estimates ranging from $414.30 million to $431.17 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow El Pollo LoCo.

El Pollo LoCo (NASDAQ:LOCO) last issued its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.03). The company had revenue of $101.16 million during the quarter, compared to analysts’ expectations of $103.71 million. El Pollo LoCo had a return on equity of 9.14% and a net margin of 2.27%. El Pollo LoCo’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.18 EPS.

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

Institutional investors have recently added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new stake in shares of El Pollo LoCo during the second quarter worth $145,000. BNP Paribas Arbitrage SA grew its holdings in shares of El Pollo LoCo by 103.0% during the third quarter. BNP Paribas Arbitrage SA now owns 11,188 shares of the restaurant operator’s stock worth $136,000 after buying an additional 5,678 shares in the last quarter. Virtu KCG Holdings LLC purchased a new stake in shares of El Pollo LoCo in the second quarter valued at about $157,000. Thrivent Financial For Lutherans grew its holdings 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. grew its holdings 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. 78.08% of the stock is owned by institutional investors and hedge funds.

Shares of El Pollo LoCo (NASDAQ:LOCO) traded up $0.03 during midday trading on Monday, reaching $10.08. 66,630 shares of the company traded hands, compared to its average volume of 413,558. The stock has a market cap of $390.39, a price-to-earnings ratio of 15.78, a PEG ratio of 0.94 and a beta of 0.30. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.31 and a current ratio of 0.35. 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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