SunTrust Banks Weighs in on El Pollo LoCo Holdings Inc’s Q1 2018 Earnings (LOCO)

El Pollo LoCo Holdings Inc (NASDAQ:LOCO) – Stock analysts at SunTrust Banks raised their Q1 2018 earnings estimates for El Pollo LoCo in a report released on Tuesday. SunTrust Banks analyst J. Bartlett now forecasts that the restaurant operator will earn $0.19 per share for the quarter, up from their prior estimate of $0.15. SunTrust Banks has a “Hold” rating and a $12.00 price objective on the stock. SunTrust Banks also issued estimates for El Pollo LoCo’s Q3 2018 earnings at $0.20 EPS, Q4 2018 earnings at $0.13 EPS, FY2018 earnings at $0.77 EPS and FY2019 earnings at $0.83 EPS.

El Pollo LoCo (NASDAQ:LOCO) last released its quarterly earnings results on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.03). The firm had revenue of $101.16 million for the quarter, compared to analyst estimates of $103.71 million. El Pollo LoCo had a return on equity of 9.14% and a net margin of 2.27%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period last year, the firm earned $0.18 EPS.

Other research analysts also recently issued research reports about the company. Zacks Investment Research raised El Pollo LoCo from a “sell” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Wednesday, October 4th. Robert W. Baird cut their price target on El Pollo LoCo from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. El Pollo LoCo presently has an average rating of “Hold” and an average price target of $13.00.

El Pollo LoCo (LOCO) opened at $10.85 on Friday. The stock has a market capitalization of $417.45, a price-to-earnings ratio of 49.32, a PEG ratio of 1.05 and a beta of 0.30. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.31 and a current ratio of 0.35. El Pollo LoCo has a one year low of $9.55 and a one year high of $14.85.

Hedge funds have recently made changes to their positions in the stock. New York State Common Retirement Fund raised its stake in El Pollo LoCo by 229.8% in the 2nd quarter. New York State Common Retirement Fund now owns 68,594 shares of the restaurant operator’s stock valued at $950,000 after purchasing an additional 47,793 shares during the last quarter. Trexquant Investment LP acquired a new position in El Pollo LoCo in the 3rd quarter valued at about $253,000. Dimensional Fund Advisors LP raised its stake in El Pollo LoCo by 23.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 526,346 shares of the restaurant operator’s stock valued at $7,290,000 after purchasing an additional 98,391 shares during the last quarter. OxFORD Asset Management LLP raised its stake in El Pollo LoCo by 22.5% in the 3rd quarter. OxFORD Asset Management LLP now owns 292,812 shares of the restaurant operator’s stock valued at $3,543,000 after purchasing an additional 53,730 shares during the last quarter. Finally, Personal Capital Advisors Corp raised its stake in El Pollo LoCo by 75.4% in the 3rd quarter. Personal Capital Advisors Corp now owns 74,651 shares of the restaurant operator’s stock valued at $907,000 after purchasing an additional 32,082 shares during the last quarter. 78.11% of the stock is owned by hedge funds and other institutional investors.

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El Pollo LoCo 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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