Several other brokerages also recently commented on LOCO. ValuEngine downgraded shares of El Pollo LoCo from a hold rating to a sell rating in a report on Tuesday, July 2nd. Zacks Investment Research downgraded shares of El Pollo LoCo from a hold rating to a sell rating in a report on Tuesday, September 10th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $17.00.
Shares of NASDAQ:LOCO opened at $11.33 on Wednesday. The company has a market capitalization of $408.90 million, a price-to-earnings ratio of 15.20, a PEG ratio of 1.58 and a beta of 0.51. El Pollo LoCo has a 12 month low of $9.60 and a 12 month high of $18.47. The firm’s 50-day moving average is $10.61 and its 200 day moving average is $11.38. The company has a current ratio of 0.37, a quick ratio of 0.34 and a debt-to-equity ratio of 1.08.
Hedge funds have recently modified their holdings of the business. Bank of Montreal Can bought a new position in El Pollo LoCo in the 2nd quarter worth about $29,000. BNP Paribas Arbitrage SA grew its stake in El Pollo LoCo by 253.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,981 shares of the restaurant operator’s stock worth $65,000 after acquiring an additional 3,573 shares in the last quarter. Alambic Investment Management L.P. bought a new position in El Pollo LoCo in the 1st quarter worth about $141,000. Campbell & CO Investment Adviser LLC bought a new position in El Pollo LoCo in the 1st quarter worth about $144,000. Finally, United Services Automobile Association grew its stake in El Pollo LoCo by 12.4% in the 2nd quarter. United Services Automobile Association now owns 11,566 shares of the restaurant operator’s stock worth $123,000 after acquiring an additional 1,276 shares in the last quarter. Institutional investors and hedge funds own 95.49% 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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