El Pollo Loco (NASDAQ:LOCO) Lowered to Hold Rating by StockNews.com

StockNews.com lowered shares of El Pollo Loco (NASDAQ:LOCO) from a buy rating to a hold rating in a report released on Wednesday morning.

El Pollo Loco Trading Down 1.0 %

Shares of El Pollo Loco stock opened at $11.41 on Wednesday. The company has a 50-day moving average of $11.94 and a two-hundred day moving average of $12.48. The stock has a market cap of $341.62 million, a PE ratio of 14.44 and a beta of 1.47. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 0.30. El Pollo Loco has a 12-month low of $8.17 and a 12-month high of $14.25.

El Pollo Loco (NASDAQ:LOCO) last posted its earnings results on Thursday, October 31st. The restaurant operator reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $120.40 million for the quarter, compared to the consensus estimate of $121.03 million. El Pollo Loco had a return on equity of 10.34% and a net margin of 5.11%. El Pollo Loco’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.19 earnings per share. On average, research analysts anticipate that El Pollo Loco will post 0.83 EPS for the current fiscal year.

Institutional Investors Weigh In On El Pollo Loco

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Point72 DIFC Ltd acquired a new stake in shares of El Pollo Loco during the third quarter valued at $27,000. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of El Pollo Loco by 91.8% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,094 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 1,002 shares during the last quarter. Quarry LP purchased a new stake in shares of El Pollo Loco during the second quarter worth about $30,000. nVerses Capital LLC acquired a new position in shares of El Pollo Loco in the third quarter valued at approximately $45,000. Finally, SG Americas Securities LLC purchased a new position in shares of El Pollo Loco during the third quarter valued at approximately $120,000. Hedge funds and other institutional investors own 81.28% of the company’s stock.

El Pollo Loco Company Profile

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.