SunTrust Banks Equities Analysts Cut Earnings Estimates for El Pollo Loco Holdings, Inc. (LOCO)

El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) – Research analysts at SunTrust Banks decreased their Q3 2017 earnings per share estimates for El Pollo Loco Holdings in a note issued to investors on Friday. SunTrust Banks analyst J. Bartlett now expects that the restaurant operator will earn $0.18 per share for the quarter, down from their previous estimate of $0.20. SunTrust Banks also issued estimates for El Pollo Loco Holdings’ Q4 2017 earnings at $0.13 EPS, FY2017 earnings at $0.67 EPS, Q2 2018 earnings at $0.22 EPS, Q3 2018 earnings at $0.19 EPS, Q4 2018 earnings at $0.14 EPS and FY2018 earnings at $0.71 EPS.

El Pollo Loco Holdings (NASDAQ:LOCO) last announced its quarterly earnings results on Thursday, August 3rd. The restaurant operator reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $105.60 million for 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 8.15%. The company’s revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS.

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A number of other analysts have also commented on LOCO. BidaskClub lowered El Pollo Loco Holdings from a “sell” rating to a “strong sell” rating in a research note on Tuesday. Morgan Stanley decreased their price objective on El Pollo Loco Holdings from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Monday. Jefferies Group LLC reaffirmed a “buy” rating on shares of El Pollo Loco Holdings in a research note on Wednesday, July 19th. Zacks Investment Research raised El Pollo Loco Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Robert W. Baird increased their price objective on El Pollo Loco Holdings from $14.00 to $15.00 and gave the company a “neutral” rating in a research note on Friday, June 9th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $15.00.

El Pollo Loco Holdings (NASDAQ:LOCO) opened at 12.05 on Monday. The stock’s 50 day moving average is $13.56 and its 200 day moving average is $12.89. The firm has a market cap of $463.53 million, a PE ratio of 26.78 and a beta of 0.31. El Pollo Loco Holdings has a 12 month low of $10.08 and a 12 month high of $14.85.

A number of hedge funds have recently modified their holdings of the company. Arizona State Retirement System raised its stake in shares of El Pollo Loco Holdings by 0.9% in the first quarter. Arizona State Retirement System now owns 11,200 shares of the restaurant operator’s stock worth $134,000 after buying an additional 100 shares during the last quarter. Texas Permanent School Fund raised its stake in shares of El Pollo Loco Holdings by 0.8% in the second quarter. Texas Permanent School Fund now owns 15,708 shares of the restaurant operator’s stock worth $218,000 after buying an additional 130 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of El Pollo Loco Holdings by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 69,818 shares of the restaurant operator’s stock worth $967,000 after buying an additional 437 shares during the last quarter. Thrivent Financial For Lutherans raised its stake in shares of El Pollo Loco Holdings by 4.3% in the first quarter. Thrivent Financial For Lutherans now owns 12,150 shares of the restaurant operator’s stock worth $145,000 after buying an additional 500 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of El Pollo Loco Holdings by 6.0% in the fourth quarter. Thrivent Financial for Lutherans now owns 11,650 shares of the restaurant operator’s stock worth $143,000 after buying an additional 660 shares during the last quarter. 77.38% of the stock is currently owned by hedge funds and other institutional investors.

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)

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