El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.18 and traded as low as $9.25. El Pollo Loco shares last traded at $9.56, with a volume of 406,749 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of El Pollo Loco in a report on Wednesday. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $18.00.
View Our Latest Stock Report on LOCO
El Pollo Loco Stock Performance
The stock's 50-day moving average price is $10.19 and its 200-day moving average price is $10.18. The company has a market cap of $286.80 million, a P/E ratio of 11.38 and a beta of 1.05. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.35 and a quick ratio of 0.33.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last announced its earnings results on Thursday, July 31st. The restaurant operator reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.03. The company had revenue of $125.83 million during the quarter, compared to analysts' expectations of $124.24 million. El Pollo Loco had a net margin of 5.15% and a return on equity of 9.83%. El Pollo Loco's quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.26 earnings per share. Equities analysts anticipate that El Pollo Loco Holdings, Inc. will post 0.83 EPS for the current year.
Institutional Investors Weigh In On El Pollo Loco
Institutional investors have recently modified their holdings of the business. CWM LLC raised its stake in El Pollo Loco by 31.3% in the second quarter. CWM LLC now owns 4,229 shares of the restaurant operator's stock valued at $47,000 after purchasing an additional 1,008 shares in the last quarter. MetLife Investment Management LLC raised its stake in El Pollo Loco by 9.8% in the first quarter. MetLife Investment Management LLC now owns 15,248 shares of the restaurant operator's stock valued at $157,000 after purchasing an additional 1,366 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in El Pollo Loco by 3.5% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 47,474 shares of the restaurant operator's stock valued at $489,000 after purchasing an additional 1,600 shares in the last quarter. Quantbot Technologies LP raised its stake in El Pollo Loco by 27.3% in the first quarter. Quantbot Technologies LP now owns 7,722 shares of the restaurant operator's stock valued at $80,000 after purchasing an additional 1,658 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its stake in El Pollo Loco by 85.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,862 shares of the restaurant operator's stock valued at $43,000 after purchasing an additional 1,774 shares in the last quarter. Institutional investors own 81.28% of the company's stock.
About El Pollo Loco
(
Get Free Report)
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. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.
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