$126.86 Million in Sales Expected for El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) This Quarter

Wall Street analysts expect El Pollo Loco Holdings, Inc. (NASDAQ:LOCO – Get Rating) to announce sales of $126.86 million for the current quarter, Zacks reports. Three analysts have issued estimates for El Pollo Loco’s earnings, with the highest sales estimate coming in at $129.70 million and the lowest estimate coming in at $125.09 million. El Pollo Loco reported sales of $121.99 million during the same quarter last year, which would suggest a positive year over year growth rate of 4%. The company is expected to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that El Pollo Loco will report full-year sales of $474.90 million for the current financial year, with estimates ranging from $471.60 million to $481.36 million. For the next financial year, analysts expect that the business will report sales of $504.91 million, with estimates ranging from $491.80 million to $519.84 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover El Pollo Loco.

El Pollo Loco (NASDAQ:LOCO – Get Rating) last posted its earnings results on Friday, May 6th. The restaurant operator reported $0.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.07. The firm had revenue of $110.05 million during the quarter, compared to analyst estimates of $106.69 million. El Pollo Loco had a net margin of 5.97% and a return on equity of 9.62%. El Pollo Loco’s revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.13 EPS.

LOCO has been the subject of a number of research analyst reports. StockNews.com lowered shares of El Pollo Loco from a “buy” rating to a “hold” rating in a research note on Sunday, May 15th. Zacks Investment Research downgraded shares of El Pollo Loco from a “hold” rating to a “sell” rating in a report on Friday, May 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, El Pollo Loco currently has a consensus rating of “Hold” and an average target price of $20.67.

Shares of NASDAQ:LOCO opened at $10.17 on Friday. The company has a 50 day moving average of $11.02 and a 200-day moving average of $12.77. The firm has a market cap of $373.77 million, a P/E ratio of 13.56 and a beta of 1.38. El Pollo Loco has a twelve month low of $10.04 and a twelve month high of $19.25. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13.

Hedge funds have recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its holdings in shares of El Pollo Loco by 73.1% during the first quarter. Captrust Financial Advisors now owns 2,755 shares of the restaurant operator’s stock valued at $32,000 after acquiring an additional 1,163 shares during the period. Cornerstone Advisory LLC acquired a new position in El Pollo Loco in the 4th quarter valued at approximately $54,000. King Street Capital Management L.P. acquired a new position in El Pollo Loco in the 4th quarter valued at approximately $96,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in El Pollo Loco by 250.7% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,077 shares of the restaurant operator’s stock valued at $100,000 after buying an additional 5,059 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in El Pollo Loco in the 1st quarter valued at approximately $120,000. Institutional investors and hedge funds own 45.81% of the company’s stock.

El Pollo Loco Company Profile (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 December 29, 2021, 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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