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.
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.
TRADEMARK VIOLATION NOTICE: “El Pollo LoCo Holdings Inc (LOCO) Expected to Post Quarterly Sales of $95.00 Million” was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and international trademark and copyright law. The original version of this news story can be viewed at https://sportsperspectives.com/2018/02/01/el-pollo-loco-holdings-inc-loco-expected-to-post-quarterly-sales-of-95-00-million.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for El Pollo LoCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo LoCo and related companies with MarketBeat.com's FREE daily email newsletter.