El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) Expected to Announce Earnings of $0.12 Per Share

Brokerages predict that El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) will report earnings of $0.12 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for El Pollo Loco’s earnings. The highest EPS estimate is $0.13 and the lowest is $0.12. El Pollo Loco reported earnings of $0.16 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 25%. The business is scheduled to issue its next earnings report on Thursday, March 10th.

According to Zacks, analysts expect that El Pollo Loco will report full-year earnings of $0.82 per share for the current fiscal year, with EPS estimates ranging from $0.81 to $0.83. For the next year, analysts expect that the firm will post earnings of $0.82 per share, with EPS estimates ranging from $0.78 to $0.86. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow El Pollo Loco.

El Pollo Loco (NASDAQ:LOCO) last announced its earnings results on Thursday, November 4th. The restaurant operator reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.05. The company had revenue of $115.70 million during the quarter, compared to analyst estimates of $120.02 million. El Pollo Loco had a return on equity of 10.75% and a net margin of 6.23%. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the company posted $0.28 earnings per share.

A number of brokerages recently commented on LOCO. Zacks Investment Research upgraded El Pollo Loco from a “sell” rating to a “hold” rating in a research report on Wednesday, November 17th. TheStreet lowered El Pollo Loco from a “b-” rating to a “c” rating in a research report on Monday, November 29th. Finally, Benchmark began coverage on El Pollo Loco in a research report on Friday, November 12th. They issued a “hold” rating and a $18.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, El Pollo Loco presently has an average rating of “Hold” and a consensus target price of $20.50.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. boosted its holdings in El Pollo Loco by 0.9% during the third quarter. Principal Financial Group Inc. now owns 132,939 shares of the restaurant operator’s stock worth $2,247,000 after buying an additional 1,243 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in El Pollo Loco by 9.6% during the third quarter. State of Alaska Department of Revenue now owns 14,379 shares of the restaurant operator’s stock worth $243,000 after buying an additional 1,260 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in El Pollo Loco by 15.0% during the second quarter. The Manufacturers Life Insurance Company now owns 13,468 shares of the restaurant operator’s stock worth $246,000 after buying an additional 1,753 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in El Pollo Loco by 14.8% during the second quarter. Victory Capital Management Inc. now owns 16,173 shares of the restaurant operator’s stock worth $296,000 after buying an additional 2,091 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in El Pollo Loco by 1.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 131,415 shares of the restaurant operator’s stock worth $2,404,000 after buying an additional 2,345 shares during the last quarter. Hedge funds and other institutional investors own 46.90% of the company’s stock.

Shares of LOCO stock opened at $13.87 on Friday. The stock has a 50-day moving average price of $13.99 and a 200 day moving average price of $16.21. The company has a quick ratio of 0.56, a current ratio of 0.59 and a debt-to-equity ratio of 0.14. The firm has a market cap of $507.10 million, a price-to-earnings ratio of 17.78 and a beta of 1.48. El Pollo Loco has a 12 month low of $12.06 and a 12 month high of $21.96.

About El Pollo Loco

El Pollo Loco Holdings, Inc engages in the development, franchising, licensing, and operation of quick-service restaurants under the name El Pollo Loco. It specializes in fire-grilling fresh citrus-marinated chicken with variety of offerings which include Chicken Avocado Burrito, Pollo Fit entrees, chicken tostada salads, and Pollo Bowls.

Read More: What does the Dogs of the Dow mean?

Get a free copy of the Zacks research report on El Pollo Loco (LOCO)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for El Pollo Loco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco and related companies with MarketBeat.com's FREE daily email newsletter.