Q1 2024 EPS Estimates for El Pollo Loco Holdings, Inc. Raised by William Blair (NASDAQ:LOCO)

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Free Report) - Analysts at William Blair upped their Q1 2024 earnings per share estimates for shares of El Pollo Loco in a research note issued to investors on Wednesday, April 24th. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings of $0.13 per share for the quarter, up from their previous estimate of $0.11. The consensus estimate for El Pollo Loco's current full-year earnings is $0.63 per share. William Blair also issued estimates for El Pollo Loco's Q2 2024 earnings at $0.23 EPS and Q3 2024 earnings at $0.14 EPS.

Separately, StockNews.com downgraded El Pollo Loco from a "buy" rating to a "hold" rating in a report on Friday, January 19th.

El Pollo Loco Stock Performance

NASDAQ:LOCO traded down $0.22 during mid-day trading on Monday, reaching $8.69. 249,923 shares of the company's stock were exchanged, compared to its average volume of 247,038. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.32 and a current ratio of 0.35. El Pollo Loco has a one year low of $8.11 and a one year high of $11.02. The business's fifty day simple moving average is $8.90 and its two-hundred day simple moving average is $8.82. The firm has a market capitalization of $270.95 million, a PE ratio of 11.59 and a beta of 1.41.

El Pollo Loco (NASDAQ:LOCO - Get Free Report) last issued its quarterly earnings data on Thursday, March 7th. The restaurant operator reported $0.16 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.16. The company had revenue of $112.20 million during the quarter, compared to analysts' expectations of $109.07 million. El Pollo Loco had a return on equity of 9.20% and a net margin of 5.45%. The business's revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.16 earnings per share.

Institutional Trading of El Pollo Loco

Institutional investors have recently modified their holdings of the business. Gladius Capital Management LP bought a new stake in shares of El Pollo Loco in the 4th quarter valued at about $32,000. Jump Financial LLC increased its position in El Pollo Loco by 30.9% during the 4th quarter. Jump Financial LLC now owns 26,059 shares of the restaurant operator's stock valued at $230,000 after purchasing an additional 6,159 shares during the period. Allspring Global Investments Holdings LLC increased its position in El Pollo Loco by 285.7% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,338 shares of the restaurant operator's stock valued at $74,000 after purchasing an additional 6,176 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its holdings in El Pollo Loco by 5.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 125,174 shares of the restaurant operator's stock worth $1,120,000 after purchasing an additional 6,702 shares during the last quarter. Finally, Rodgers Brothers Inc. lifted its position in shares of El Pollo Loco by 3.4% in the 3rd quarter. Rodgers Brothers Inc. now owns 215,025 shares of the restaurant operator's stock worth $1,924,000 after purchasing an additional 7,100 shares during the period. Institutional investors own 81.28% of the company's stock.

El Pollo Loco Company Profile

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.