El Pollo Loco Holdings, Inc. (LOCO) Stock Rating Reaffirmed by SunTrust Banks, Inc.

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO)‘s stock had its “hold” rating reissued by stock analysts at SunTrust Banks, Inc. in a research report issued to clients and investors on Friday. They presently have a $12.00 target price on the restaurant operator’s stock. SunTrust Banks, Inc.’s price target points to a potential upside of 22.45% from the company’s previous close. SunTrust Banks also issued estimates for El Pollo Loco Holdings’ Q4 2017 earnings at $0.10 EPS, FY2017 earnings at $0.62 EPS, Q1 2018 earnings at $0.15 EPS, Q3 2018 earnings at $0.16 EPS, Q4 2018 earnings at $0.11 EPS and FY2018 earnings at $0.64 EPS.

A number of other equities research analysts have also recently issued reports on LOCO. BidaskClub cut shares of El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Robert W. Baird cut their price objective on shares of El Pollo Loco Holdings from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday. Zacks Investment Research raised shares of El Pollo Loco Holdings from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Wednesday, October 25th. Morgan Stanley cut their price objective on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating for the company in a research note on Monday, August 7th. Finally, Jefferies Group LLC reaffirmed a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $13.00.

El Pollo Loco Holdings (NASDAQ LOCO) traded down $1.45 during midday trading on Friday, hitting $9.80. The stock had a trading volume of 2,311,320 shares, compared to its average volume of 244,428. El Pollo Loco Holdings has a 12 month low of $9.75 and a 12 month high of $14.85. The firm has a market capitalization of $378.79, a PE ratio of 15.31, a price-to-earnings-growth ratio of 0.99 and a beta of 0.35. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.29 and a current ratio of 0.32.

El Pollo Loco Holdings (NASDAQ:LOCO) last announced its quarterly earnings data on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.03). El Pollo Loco Holdings had a net margin of 2.27% and a return on equity of 9.17%. The business had revenue of $101.16 million during the quarter, compared to analysts’ expectations of $103.71 million. During the same period last year, the company posted $0.18 EPS. El Pollo Loco Holdings’s revenue for the quarter was up 5.6% on a year-over-year basis. analysts forecast that El Pollo Loco Holdings will post 0.61 EPS for the current fiscal year.

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A number of large investors have recently bought and sold shares of LOCO. Dimensional Fund Advisors LP raised its holdings in El Pollo Loco Holdings by 95.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 427,955 shares of the restaurant operator’s stock valued at $5,114,000 after buying an additional 208,537 shares during the last quarter. Bank of Montreal Can raised its holdings in El Pollo Loco Holdings by 1,046.4% during the 2nd quarter. Bank of Montreal Can now owns 173,100 shares of the restaurant operator’s stock valued at $2,398,000 after buying an additional 158,000 shares during the last quarter. Vanguard Group Inc. raised its holdings in El Pollo Loco Holdings by 6.4% during the 1st quarter. Vanguard Group Inc. now owns 1,849,656 shares of the restaurant operator’s stock valued at $22,104,000 after buying an additional 111,692 shares during the last quarter. OxFORD Asset Management LLP raised its holdings in El Pollo Loco Holdings by 84.7% during the 2nd quarter. OxFORD Asset Management LLP now owns 239,082 shares of the restaurant operator’s stock valued at $3,311,000 after buying an additional 109,651 shares during the last quarter. Finally, Morgan Stanley raised its holdings in El Pollo Loco Holdings by 27.2% during the 1st quarter. Morgan Stanley now owns 296,048 shares of the restaurant operator’s stock valued at $3,537,000 after buying an additional 63,290 shares during the last quarter. Institutional investors own 76.82% 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.

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