El Pollo Loco (NASDAQ:LOCO) Rating Increased to Buy at StockNews.com

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

A number of other analysts have also commented on the company. Truist Financial increased their price objective on El Pollo Loco from $10.00 to $12.00 and gave the company a “hold” rating in a research note on Friday, May 3rd. Benchmark reiterated a “hold” rating on shares of El Pollo Loco in a research report on Thursday, May 23rd.

Check Out Our Latest Analysis on LOCO

El Pollo Loco Stock Down 2.2 %

El Pollo Loco stock opened at $10.36 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.33 and a current ratio of 0.36. The firm has a market capitalization of $322.20 million, a price-to-earnings ratio of 12.79 and a beta of 1.45. El Pollo Loco has a fifty-two week low of $8.11 and a fifty-two week high of $11.99. The stock’s fifty day moving average is $9.71 and its two-hundred day moving average is $9.20.

El Pollo Loco (NASDAQ:LOCOGet Free Report) last posted its earnings results on Thursday, May 2nd. The restaurant operator reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.08. The company had revenue of $116.15 million for the quarter, compared to analyst estimates of $111.09 million. El Pollo Loco had a return on equity of 10.13% and a net margin of 5.64%. El Pollo Loco’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share. Analysts predict that El Pollo Loco will post 0.71 EPS for the current fiscal year.

Institutional Investors Weigh In On El Pollo Loco

A number of large investors have recently modified their holdings of the stock. Boston Partners acquired a new stake in shares of El Pollo Loco in the first quarter valued at about $216,000. Invenomic Capital Management LP grew its stake in El Pollo Loco by 197.2% during the 1st quarter. Invenomic Capital Management LP now owns 491,244 shares of the restaurant operator’s stock valued at $4,785,000 after purchasing an additional 325,963 shares in the last quarter. Paloma Partners Management Co acquired a new stake in El Pollo Loco during the 1st quarter valued at approximately $106,000. Quadrature Capital Ltd acquired a new stake in El Pollo Loco during the 1st quarter valued at approximately $182,000. Finally, Keeley Teton Advisors LLC acquired a new stake in El Pollo Loco during the 1st quarter valued at approximately $412,000. Institutional investors and hedge funds own 81.28% of the company’s stock.

El Pollo Loco Company Profile

(Get Free Report)

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. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.

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