El Pollo LoCo (NASDAQ:LOCO) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued on Saturday.

LOCO has been the subject of several other reports. Zacks Investment Research cut El Pollo LoCo from a “hold” rating to a “sell” rating in a research report on Wednesday, July 4th. ValuEngine cut El Pollo LoCo from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 12th. Jefferies Financial Group reissued a “buy” rating and issued a $14.00 price objective on shares of El Pollo LoCo in a research report on Friday, July 13th. Finally, TheStreet raised El Pollo LoCo from a “c” rating to a “b-” rating in a research report on Friday, August 3rd. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. El Pollo LoCo presently has a consensus rating of “Hold” and a consensus target price of $12.20.

LOCO opened at $12.50 on Friday. El Pollo LoCo has a 1-year low of $9.05 and a 1-year high of $12.60. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.51 and a quick ratio of 0.47. The company has a market capitalization of $447.86 million, a PE ratio of 19.84, a price-to-earnings-growth ratio of 1.10 and a beta of 0.35.

El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, August 2nd. The restaurant operator reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. El Pollo LoCo had a return on equity of 9.33% and a net margin of 0.85%. The company had revenue of $111.60 million during the quarter, compared to analysts’ expectations of $111.70 million. During the same period in the prior year, the business earned $0.21 earnings per share. El Pollo LoCo’s revenue for the quarter was up 5.7% compared to the same quarter last year. sell-side analysts predict that El Pollo LoCo will post 0.7 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Personal Capital Advisors Corp raised its stake in shares of El Pollo LoCo by 226.5% in the first quarter. Personal Capital Advisors Corp now owns 261,493 shares of the restaurant operator’s stock valued at $2,484,000 after purchasing an additional 181,392 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of El Pollo LoCo by 299.4% in the fourth quarter. Renaissance Technologies LLC now owns 254,000 shares of the restaurant operator’s stock valued at $2,515,000 after purchasing an additional 190,400 shares in the last quarter. Deutsche Bank AG raised its stake in shares of El Pollo LoCo by 415.1% in the fourth quarter. Deutsche Bank AG now owns 170,069 shares of the restaurant operator’s stock valued at $1,682,000 after purchasing an additional 137,051 shares in the last quarter. Guggenheim Capital LLC acquired a new position in shares of El Pollo LoCo in the fourth quarter valued at $705,000. Finally, Prudential Financial Inc. raised its stake in shares of El Pollo LoCo by 259.4% in the first quarter. Prudential Financial Inc. now owns 268,511 shares of the restaurant operator’s stock valued at $2,551,000 after purchasing an additional 193,790 shares in the last quarter. Institutional investors and hedge funds own 83.66% of the company’s stock.

El Pollo LoCo Company Profile

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 specializes in offering flame-grilled chicken. As of July 24, 2018, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.

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