El Pollo LoCo (NASDAQ:LOCO) Upgraded to “Sell” by BidaskClub
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.
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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