El Pollo Loco Holdings, Inc. (NASDAQ:LOCO - Get Free Report) saw unusually large options trading activity on Friday. Investors acquired 4,826 call options on the stock. This is an increase of approximately 2,994% compared to the average daily volume of 156 call options.
El Pollo Loco Price Performance
LOCO stock traded up $1.41 during trading on Friday, reaching $10.01. 3,281,040 shares of the company were exchanged, compared to its average volume of 283,541. El Pollo Loco has a 52-week low of $8.11 and a 52-week high of $11.99. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.32 and a current ratio of 0.35. The company has a market cap of $312.11 million, a P/E ratio of 13.35 and a beta of 1.44. The stock's 50 day moving average price is $8.89 and its 200 day moving average price is $8.83.
El Pollo Loco (NASDAQ:LOCO - Get Free Report) last released its quarterly earnings results on Thursday, May 2nd. The restaurant operator reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.08. The company had revenue of $116.15 million for the quarter, compared to analysts' expectations of $111.09 million. El Pollo Loco had a net margin of 5.45% and a return on equity of 9.20%. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.14 EPS. As a group, analysts predict that El Pollo Loco will post 0.63 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the company. StockNews.com lowered El Pollo Loco from a "buy" rating to a "hold" rating in a report on Friday, January 19th. Truist Financial upped their price objective on El Pollo Loco from $10.00 to $12.00 and gave the stock a "hold" rating in a report on Friday.
Read Our Latest Stock Report on El Pollo Loco
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Gladius Capital Management LP purchased a new position in shares of El Pollo Loco during the 4th quarter worth about $32,000. Allspring Global Investments Holdings LLC increased its position in shares of El Pollo Loco by 285.7% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 8,338 shares of the restaurant operator's stock worth $74,000 after purchasing an additional 6,176 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of El Pollo Loco by 1,074.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,126 shares of the restaurant operator's stock worth $89,000 after purchasing an additional 9,264 shares during the last quarter. Corton Capital Inc. acquired a new position in El Pollo Loco in the third quarter worth about $97,000. Finally, Aigen Investment Management LP acquired a new stake in shares of El Pollo Loco during the 4th quarter valued at approximately $111,000. Hedge funds and other 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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