El Pollo LoCo Holdings Inc (NASDAQ:LOCO) – Stock analysts at William Blair decreased their Q1 2018 earnings per share estimates for El Pollo LoCo in a note issued to investors on Friday. William Blair analyst S. Zackfia now expects that the restaurant operator will earn $0.17 per share for the quarter, down from their previous estimate of $0.21. William Blair also issued estimates for El Pollo LoCo’s Q3 2018 earnings at $0.18 EPS, Q4 2018 earnings at $0.12 EPS, FY2018 earnings at $0.71 EPS and FY2019 earnings at $0.70 EPS.
Other equities analysts also recently issued reports about the company. SunTrust Banks set a $11.00 target price on El Pollo LoCo and gave the stock a “hold” rating in a research report on Thursday. BidaskClub upgraded El Pollo LoCo from a “strong sell” rating to a “sell” rating in a research report on Friday, March 2nd. Finally, Zacks Investment Research upgraded El Pollo LoCo from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. One equities 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 stock. El Pollo LoCo presently has a consensus rating of “Hold” and a consensus target price of $12.80.
El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, March 8th. The restaurant operator reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The business had revenue of $95.20 million for the quarter, compared to analyst estimates of $95.24 million. El Pollo LoCo had a return on equity of 9.01% and a net margin of 2.15%. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.12 earnings per share.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LOCO. BNP Paribas Arbitrage SA grew its stake in El Pollo LoCo by 103.0% during the 3rd 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 in the last quarter. Crossmark Global Holdings Inc. bought a new stake in shares of El Pollo LoCo in the 4th quarter worth approximately $124,000. Jefferies Group LLC bought a new stake in shares of El Pollo LoCo in the 4th quarter worth approximately $126,000. Teachers Retirement System of The State of Kentucky lifted its holdings in shares of El Pollo LoCo by 73.7% in the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 13,200 shares of the restaurant operator’s stock worth $131,000 after purchasing an additional 5,600 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of El Pollo LoCo by 849.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock worth $206,000 after purchasing an additional 15,252 shares during the last quarter. Hedge funds and other institutional investors own 78.94% of the company’s stock.
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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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