Brokerages expect El Pollo LoCo Holdings Inc (NASDAQ:LOCO) to post $110.36 million in sales for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for El Pollo LoCo’s earnings. The highest sales estimate is $113.10 million and the lowest is $108.22 million. El Pollo LoCo reported sales of $112.18 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 1.6%. The firm is scheduled to announce its next earnings results on Thursday, November 7th.
On average, analysts expect that El Pollo LoCo will report full year sales of $437.93 million for the current year, with estimates ranging from $433.30 million to $444.00 million. For the next year, analysts expect that the firm will report sales of $448.40 million, with estimates ranging from $443.48 million to $455.07 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that that provide coverage for El Pollo LoCo.
El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, August 1st. The restaurant operator reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.02. El Pollo LoCo had a positive return on equity of 10.49% and a negative net margin of 0.36%. The business had revenue of $113.74 million for the quarter, compared to analysts’ expectations of $113.74 million. During the same quarter last year, the firm earned $0.22 earnings per share. The business’s revenue was up 1.9% on a year-over-year basis.
El Pollo LoCo stock traded up $0.16 during midday trading on Friday, reaching $9.98. The stock had a trading volume of 660,570 shares, compared to its average volume of 491,878. El Pollo LoCo has a twelve month low of $9.60 and a twelve month high of $18.47. The stock has a market capitalization of $361.77 million, a PE ratio of 13.49, a price-to-earnings-growth ratio of 1.53 and a beta of 0.46. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.34 and a current ratio of 0.37. The stock’s 50-day simple moving average is $10.48 and its 200 day simple moving average is $12.16.
Institutional investors have recently modified their holdings of the stock. Bank of Montreal Can acquired a new position in El Pollo LoCo in the second quarter valued at $29,000. BNP Paribas Arbitrage SA lifted its stake in shares of El Pollo LoCo by 253.8% during the first quarter. BNP Paribas Arbitrage SA now owns 4,981 shares of the restaurant operator’s stock worth $65,000 after purchasing an additional 3,573 shares in the last quarter. Meeder Asset Management Inc. lifted its stake in shares of El Pollo LoCo by 2,110.4% during the first quarter. Meeder Asset Management Inc. now owns 7,007 shares of the restaurant operator’s stock worth $92,000 after purchasing an additional 6,690 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new position in shares of El Pollo LoCo during the fourth quarter worth about $97,000. Finally, Investors Research Corp acquired a new position in shares of El Pollo LoCo during the first quarter worth about $107,000. Hedge funds and other institutional investors own 96.75% of the company’s stock.
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. 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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