El Pollo Loco Holdings, Inc. (LOCO) Updates FY17 Earnings Guidance

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) updated its FY17 earnings guidance on Thursday. The company provided EPS guidance of $0.64-0.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.68.

Several analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of El Pollo Loco Holdings from $14.00 to $15.00 and gave the company a neutral rating in a report on Friday, June 9th. BidaskClub downgraded shares of El Pollo Loco Holdings from a sell rating to a strong sell rating in a report on Tuesday, August 8th. Jefferies Group LLC reaffirmed a buy rating on shares of El Pollo Loco Holdings in a report on Wednesday, July 19th. Zacks Investment Research raised shares of El Pollo Loco Holdings from a sell rating to a hold rating in a report on Wednesday, July 19th. Finally, Morgan Stanley reduced their price target on shares of El Pollo Loco Holdings from $14.00 to $13.00 and set an equal weight rating on the stock in a report on Monday, August 7th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of Hold and an average target price of $15.00.

Shares of El Pollo Loco Holdings, Inc. (LOCO) traded up 1.24% during trading on Friday, hitting $12.20. 203,669 shares of the company traded hands. El Pollo Loco Holdings, Inc. has a one year low of $10.08 and a one year high of $14.85. The stock has a market cap of $471.54 million, a price-to-earnings ratio of 26.52 and a beta of 0.31. The firm has a 50 day moving average price of $13.27 and a 200-day moving average price of $12.87.

El Pollo Loco Holdings (NASDAQ:LOCO) last posted its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. The business had revenue of $105.60 million during the quarter, compared to analysts’ expectations of $105.83 million. El Pollo Loco Holdings had a net margin of 4.66% and a return on equity of 9.56%. The firm’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period last year, the company posted $0.19 earnings per share. Analysts predict that El Pollo Loco Holdings, Inc. will post $0.67 EPS for the current year.

TRADEMARK VIOLATION NOTICE: This article was first published by BNB Daily and is owned by of BNB Daily. If you are accessing this article on another domain, it was illegally stolen and reposted in violation of international copyright law. The original version of this article can be read at https://www.baseball-news-blog.com/2017/08/13/el-pollo-loco-holdings-inc-loco-releases-fy17-earnings-guidance-updated.html.

El Pollo Loco Holdings Company Profile

El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.

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

Receive News & Ratings for El Pollo Loco Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo Loco Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply