El Pollo Loco (NASDAQ:LOCO - Free Report) had its price target boosted by Truist Financial from $10.00 to $12.00 in a research report sent to investors on Friday morning, Benzinga reports. They currently have a hold rating on the restaurant operator's stock.
Separately, StockNews.com cut El Pollo Loco from a buy rating to a hold rating in a research note on Friday, January 19th.
Get Our Latest Report on El Pollo Loco
El Pollo Loco Trading Up 16.4 %
NASDAQ:LOCO traded up $1.41 on Friday, reaching $10.01. The company's stock had a trading volume of 3,281,040 shares, compared to its average volume of 283,541. El Pollo Loco has a 12-month low of $8.11 and a 12-month high of $11.99. The company has a quick ratio of 0.32, a current ratio of 0.35 and a debt-to-equity ratio of 0.34. The stock has a 50 day moving average price of $8.89 and a 200 day moving average price of $8.83. The firm has a market cap of $312.11 million, a price-to-earnings ratio of 13.35 and a beta of 1.44.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The restaurant operator reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.08. El Pollo Loco had a return on equity of 9.20% and a net margin of 5.45%. The business had revenue of $116.15 million during the quarter, compared to analysts' expectations of $111.09 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The company's revenue was up 1.4% on a year-over-year basis. On average, equities analysts anticipate that El Pollo Loco will post 0.63 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of LOCO. Fund 1 Investments LLC acquired a new position in El Pollo Loco during the 4th quarter worth $7,746,000. AQR Capital Management LLC grew its stake in El Pollo Loco by 33.1% during the 3rd quarter. AQR Capital Management LLC now owns 541,441 shares of the restaurant operator's stock worth $4,846,000 after purchasing an additional 134,673 shares in the last quarter. GSA Capital Partners LLP acquired a new position in El Pollo Loco during the 3rd quarter worth $1,162,000. Assenagon Asset Management S.A. grew its stake in El Pollo Loco by 35.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 355,759 shares of the restaurant operator's stock worth $3,138,000 after purchasing an additional 93,476 shares in the last quarter. Finally, Quest Partners LLC acquired a new position in El Pollo Loco during the 4th quarter worth $685,000. 81.28% of the stock is owned by institutional investors and hedge funds.
El Pollo Loco Company Profile
(
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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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