El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.75 and traded as low as $10.20. El Pollo Loco shares last traded at $10.38, with a volume of 257,163 shares trading hands.
Analysts Set New Price Targets
Separately, Wall Street Zen lowered El Pollo Loco from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd.
Check Out Our Latest Analysis on LOCO
El Pollo Loco Stock Performance
The business has a 50-day moving average price of $10.73 and a 200-day moving average price of $10.51. The firm has a market capitalization of $312.55 million, a price-to-earnings ratio of 12.40 and a beta of 1.01. The company has a quick ratio of 0.33, a current ratio of 0.35 and a debt-to-equity ratio of 0.26.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last issued its earnings results on Thursday, July 31st. The restaurant operator reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. El Pollo Loco had a return on equity of 9.83% and a net margin of 5.15%. The firm had revenue of $125.83 million for the quarter, compared to the consensus estimate of $124.24 million. During the same quarter in the prior year, the business earned $0.26 earnings per share. The company's revenue was up 3.0% compared to the same quarter last year. As a group, sell-side analysts forecast that El Pollo Loco Holdings, Inc. will post 0.83 earnings per share for the current year.
Hedge Funds Weigh In On El Pollo Loco
Several institutional investors have recently modified their holdings of LOCO. Tower Research Capital LLC TRC grew its holdings in shares of El Pollo Loco by 85.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,862 shares of the restaurant operator's stock worth $43,000 after acquiring an additional 1,774 shares during the period. Monimus Capital Management LP purchased a new stake in shares of El Pollo Loco during the 2nd quarter valued at $1,365,000. Lazard Asset Management LLC grew its stake in shares of El Pollo Loco by 1,592.2% during the 2nd quarter. Lazard Asset Management LLC now owns 53,642 shares of the restaurant operator's stock valued at $590,000 after buying an additional 50,472 shares during the period. Bridgeway Capital Management LLC lifted its holdings in shares of El Pollo Loco by 5.3% during the 2nd quarter. Bridgeway Capital Management LLC now owns 365,249 shares of the restaurant operator's stock valued at $4,021,000 after acquiring an additional 18,430 shares in the last quarter. Finally, The Manufacturers Life Insurance Company acquired a new position in El Pollo Loco in the 2nd quarter worth $110,000. Institutional investors and hedge funds 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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