El Pollo Loco (NASDAQ:LOCO) Rating Lowered to Hold at StockNews.com

El Pollo Loco (NASDAQ:LOCOGet Rating) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

El Pollo Loco Price Performance

Shares of El Pollo Loco stock opened at $8.93 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.79 and a quick ratio of 0.76. El Pollo Loco has a fifty-two week low of $8.15 and a fifty-two week high of $17.70. The firm has a fifty day moving average price of $9.42 and a two-hundred day moving average price of $10.24. The company has a market cap of $330.44 million, a PE ratio of 12.58 and a beta of 1.27.

El Pollo Loco (NASDAQ:LOCOGet Rating) last released its quarterly earnings data on Thursday, August 4th. The restaurant operator reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The company had revenue of $124.11 million during the quarter, compared to the consensus estimate of $125.22 million. El Pollo Loco had a net margin of 5.58% and a return on equity of 8.39%. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the firm earned $0.29 EPS. Analysts expect that El Pollo Loco will post 0.54 EPS for the current year.

Hedge Funds Weigh In On El Pollo Loco

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors lifted its holdings in El Pollo Loco by 73.1% during the 1st quarter. Captrust Financial Advisors now owns 2,755 shares of the restaurant operator’s stock valued at $32,000 after purchasing an additional 1,163 shares during the last quarter. Quantbot Technologies LP lifted its holdings in El Pollo Loco by 120.0% during the 2nd quarter. Quantbot Technologies LP now owns 3,300 shares of the restaurant operator’s stock valued at $32,000 after purchasing an additional 1,800 shares during the last quarter. Cornerstone Advisory LLC bought a new position in El Pollo Loco during the 4th quarter valued at about $54,000. King Street Capital Management L.P. bought a new position in El Pollo Loco during the 4th quarter valued at about $96,000. Finally, Amalgamated Bank bought a new position in El Pollo Loco during the 1st quarter valued at about $100,000. 44.10% of the stock is owned by institutional investors.

About El Pollo Loco

(Get Rating)

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. As of May 04, 2022, the company operated 480 restaurants comprising 189 company-operated and 291 franchised restaurants located in California, Nevada, Arizona, Texas, Utah, and Louisiana.

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