Jefferies Group Equities Analysts Decrease Earnings Estimates for El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) – Stock analysts at Jefferies Group lowered their Q3 2017 earnings per share (EPS) estimates for shares of El Pollo Loco Holdings in a research note issued to investors on Friday. Jefferies Group analyst A. Barish now expects that the restaurant operator will post earnings per share of $0.18 for the quarter, down from their prior estimate of $0.20. Jefferies Group has a “Buy” rating on the stock. Jefferies Group also issued estimates for El Pollo Loco Holdings’ Q4 2017 earnings at $0.12 EPS, Q1 2018 earnings at $0.17 EPS, Q2 2018 earnings at $0.21 EPS, Q3 2018 earnings at $0.19 EPS and Q4 2018 earnings at $0.13 EPS.

El Pollo Loco Holdings (NASDAQ:LOCO) last released its earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.01. El Pollo Loco Holdings had a net margin of 4.66% and a return on equity of 8.15%. The firm had revenue of $105.60 million for the quarter, compared to analyst estimates of $105.83 million. During the same period in the prior year, the firm earned $0.19 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. COPYRIGHT VIOLATION WARNING: This article was reported by Rincon Hill News and is the sole property of of Rincon Hill News. If you are viewing this article on another domain, it was copied illegally and reposted in violation of international copyright and trademark law. The correct version of this article can be accessed at https://rinconhillneighbors.org/2017/08/19/jefferies-group-equities-analysts-decrease-earnings-estimates-for-el-pollo-loco-holdings-inc-nasdaqloco-updated.html.

Several other equities analysts have also commented on the company. BidaskClub lowered El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research report on Tuesday. Morgan Stanley reduced their price target on El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Monday. Zacks Investment Research upgraded El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Robert W. Baird lifted their price objective on El Pollo Loco Holdings from $14.00 to $15.00 and gave the stock a “neutral” rating in a report on Friday, June 9th. Finally, TheStreet upgraded El Pollo Loco Holdings from a “d+” rating to a “c-” rating in a report on Thursday, April 20th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $15.00.

Shares of El Pollo Loco Holdings (LOCO) opened at 12.05 on Monday. The stock has a market capitalization of $463.53 million, a price-to-earnings ratio of 26.78 and a beta of 0.31. The company’s 50 day moving average is $13.56 and its 200-day moving average is $12.89. El Pollo Loco Holdings has a 1-year low of $10.08 and a 1-year high of $14.85.

A number of large investors have recently bought and sold shares of the company. Blair William & Co. IL increased its stake in El Pollo Loco Holdings by 3.0% in the second quarter. Blair William & Co. IL now owns 94,135 shares of the restaurant operator’s stock valued at $1,304,000 after buying an additional 2,736 shares in the last quarter. Legal & General Group Plc increased its stake in El Pollo Loco Holdings by 9.8% in the second quarter. Legal & General Group Plc now owns 35,984 shares of the restaurant operator’s stock valued at $498,000 after buying an additional 3,217 shares in the last quarter. Rhumbline Advisers increased its stake in El Pollo Loco Holdings by 2.8% in the second quarter. Rhumbline Advisers now owns 41,272 shares of the restaurant operator’s stock valued at $572,000 after buying an additional 1,115 shares in the last quarter. Schwab Charles Investment Management Inc. increased its stake in El Pollo Loco Holdings by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 69,818 shares of the restaurant operator’s stock valued at $967,000 after buying an additional 437 shares in the last quarter. Finally, Texas Permanent School Fund increased its stake in El Pollo Loco Holdings by 0.8% in the second quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock valued at $218,000 after buying an additional 130 shares in the last quarter. Institutional investors own 77.38% of the company’s stock.

El Pollo Loco Holdings Company Profile

El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.

Earnings History and Estimates for El Pollo Loco Holdings (NASDAQ:LOCO)

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

 

Latest News



Leave a Reply

 
© 2006-2017 Rincon Hill News.