Analysts Anticipate El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) to Post $0.19 Earnings Per Share

Equities research analysts predict that El Pollo Loco Holdings, Inc. (NASDAQ:LOCOGet Rating) will post $0.19 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for El Pollo Loco’s earnings. The lowest EPS estimate is $0.17 and the highest is $0.21. El Pollo Loco posted earnings per share of $0.29 in the same quarter last year, which would indicate a negative year-over-year growth rate of 34.5%. The business is expected to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that El Pollo Loco will report full year earnings of $0.69 per share for the current fiscal year, with EPS estimates ranging from $0.68 to $0.69. For the next financial year, analysts anticipate that the company will report earnings of $0.91 per share, with EPS estimates ranging from $0.88 to $0.97. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover El Pollo Loco.

El Pollo Loco (NASDAQ:LOCOGet Rating) last announced its earnings results on Friday, May 6th. The restaurant operator reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. The business had revenue of $110.05 million during the quarter, compared to the consensus estimate of $106.69 million. El Pollo Loco had a net margin of 5.97% and a return on equity of 9.62%. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 earnings per share.

Several equities analysts have recently issued reports on LOCO shares. StockNews.com downgraded El Pollo Loco from a “buy” rating to a “hold” rating in a research report on Sunday, May 15th. Zacks Investment Research cut El Pollo Loco from a “hold” rating to a “sell” rating in a report on Friday, May 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $20.67.

Shares of NASDAQ:LOCO traded up $0.18 during trading on Tuesday, hitting $10.76. 110,120 shares of the company traded hands, compared to its average volume of 193,233. The stock has a market capitalization of $395.45 million, a price-to-earnings ratio of 14.35 and a beta of 1.38. The business’s fifty day moving average is $10.75 and its 200-day moving average is $12.33. El Pollo Loco has a one year low of $9.73 and a one year high of $19.25. The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 0.13.

Hedge funds and other institutional investors have recently modified their holdings of the business. Captrust Financial Advisors grew its position in El Pollo Loco by 73.1% in the first quarter. Captrust Financial Advisors now owns 2,755 shares of the restaurant operator’s stock valued at $32,000 after acquiring an additional 1,163 shares during the period. Cornerstone Advisory LLC acquired a new position in El Pollo Loco during the 4th quarter valued at about $54,000. King Street Capital Management L.P. bought a new position in shares of El Pollo Loco in the 4th quarter valued at about $96,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of El Pollo Loco by 250.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,077 shares of the restaurant operator’s stock worth $100,000 after buying an additional 5,059 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of El Pollo Loco during the first quarter worth approximately $120,000. 45.81% of the stock is currently owned by institutional investors.

About El Pollo Loco (Get Rating)

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. As of December 29, 2021, the company operated 480 restaurants comprising 189 company-operated and 291 franchised restaurants located in California, Nevada, Arizona, Texas, Utah, and Louisiana.

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Earnings History and Estimates for El Pollo Loco (NASDAQ:LOCO)

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