StockNews.com upgraded shares of El Pollo Loco (NASDAQ:LOCO – Free Report) from a hold rating to a buy rating in a research report report published on Tuesday morning.
Separately, Benchmark reaffirmed a “hold” rating on shares of El Pollo Loco in a research report on Monday.
Read Our Latest Stock Report on El Pollo Loco
El Pollo Loco Stock Performance
El Pollo Loco (NASDAQ:LOCO – Get Free Report) last posted its earnings results on Thursday, March 6th. The restaurant operator reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.06. The firm had revenue of $114.28 million for the quarter, compared to analyst estimates of $113.19 million. El Pollo Loco had a net margin of 5.11% and a return on equity of 10.34%. Equities research analysts anticipate that El Pollo Loco will post 0.83 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of LOCO. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in El Pollo Loco during the fourth quarter worth $1,146,000. PharVision Advisers LLC acquired a new position in shares of El Pollo Loco in the 4th quarter valued at about $320,000. Squarepoint Ops LLC acquired a new stake in El Pollo Loco during the fourth quarter worth approximately $165,000. Sherbrooke Park Advisers LLC acquired a new stake in El Pollo Loco during the fourth quarter worth approximately $226,000. Finally, Man Group plc bought a new stake in El Pollo Loco in the fourth quarter worth approximately $170,000. Institutional investors and hedge funds own 81.28% of the company’s stock.
About El Pollo Loco
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.
See Also
- Five stocks we like better than El Pollo Loco
- The How And Why of Investing in Oil Stocks
- 3 Undervalued Stocks You Can Buy at a Discount Now
- Are Penny Stocks a Good Fit for Your Portfolio?
- AMD Stock: Can the PC Refresh Cycle Spark a Rally?
- What is diluted earnings per share (Diluted EPS)?
- Micron Stock Spikes 7%—3 Key Catalysts Behind the Move
Receive News & Ratings for El Pollo Loco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco and related companies with MarketBeat.com's FREE daily email newsletter.