BidaskClub upgraded shares of El Pollo LoCo (NASDAQ:LOCO) from a strong sell rating to a sell rating in a report issued on Saturday, BidAskClub reports.

Several other equities analysts have also recently issued reports on the company. ValuEngine cut El Pollo LoCo from a hold rating to a sell rating in a research report on Tuesday, July 2nd. Zacks Investment Research downgraded El Pollo LoCo from a hold rating to a sell rating in a research note on Wednesday, September 4th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has given a buy rating to the company’s stock. El Pollo LoCo currently has an average rating of Hold and an average target price of $17.00.

Shares of LOCO stock opened at $11.29 on Friday. El Pollo LoCo has a one year low of $9.60 and a one year high of $18.47. The company’s 50-day moving average is $10.35 and its 200 day moving average is $11.54. The company has a market capitalization of $395.27 million, a price-to-earnings ratio of 15.26, a price-to-earnings-growth ratio of 1.53 and a beta of 0.51. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.34 and a current ratio of 0.37.

El Pollo LoCo (NASDAQ:LOCO) last released its quarterly earnings data on Thursday, August 1st. The restaurant operator reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. El Pollo LoCo had a negative net margin of 0.36% and a positive return on equity of 10.49%. The business had revenue of $113.74 million during the quarter, compared to analyst estimates of $113.74 million. During the same period last year, the business earned $0.22 EPS. El Pollo LoCo’s revenue was up 1.9% compared to the same quarter last year. As a group, research analysts predict that El Pollo LoCo will post 0.7 earnings per share for the current fiscal year.

Several hedge funds have recently made changes to their positions in the company. Bank of Montreal Can bought a new position in El Pollo LoCo during the second quarter valued at approximately $29,000. BNP Paribas Arbitrage SA raised its stake in El Pollo LoCo by 253.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,981 shares of the restaurant operator’s stock valued at $65,000 after buying an additional 3,573 shares during the last quarter. United Services Automobile Association lifted its holdings in shares of El Pollo LoCo by 12.4% during the 2nd quarter. United Services Automobile Association now owns 11,566 shares of the restaurant operator’s stock valued at $123,000 after buying an additional 1,276 shares during the period. Alambic Investment Management L.P. bought a new position in shares of El Pollo LoCo during the 1st quarter valued at $141,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of El Pollo LoCo during the 1st quarter valued at $144,000. Hedge funds and other institutional investors own 95.55% 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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