The stock of El Pollo Loco Holdings Inc. (NASDAQ:LOCO) last traded at $11.53, up 1.77% from the previous session.
Data from the available sources indicates that El Pollo Loco Holdings Inc. (NASDAQ:LOCO) is covered by 5 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $15.50 and a low of $10.00, we find $11.00. Given the previous closing price of $11.33, this indicates a potential downside of -2.91 percent. LOCO stock price is now 8.43% away from the 50-day moving average and 25.14% away from the 200-day moving average. The market capitalization of the company currently stands at $414.85M.
In total, 4 analysts have assigned it a hold rating, and 1 have given it a buy rating. Brokers who have rated the stock have averaged $12.17 as their price target over the next twelve months.
On February 08, 2021, Truist Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock keeping its target price maintained at $20, while ‘CL King’ rates the stock as ‘Buy’.
In other news, Lozano Miguel, CHIEF OPERATING OFFICER sold 25,238 shares of the company’s stock on Feb 04. The stock was sold for $324,813 at an average price of $12.87. Upon completion of the transaction, the CHIEF OPERATING OFFICER now directly owns 70,290 shares in the company, valued at $0.81 million. Insiders disposed of 5,581,598 shares of company stock worth roughly $64.36 million over the past 1 year. A total of 30.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in LOCO stock. A new stake in El Pollo Loco Holdings Inc. shares was purchased by STATE OF NEW JERSEY COMMON PENSION FUND D during the first quarter worth $2,962,000. INVENOMIC CAPITAL MANAGEMENT LP invested $2,353,000 in shares of LOCO during the first quarter. In the first quarter, BRIDGEWAY CAPITAL MANAGEMENT, LLC acquired a new stake in El Pollo Loco Holdings Inc. valued at approximately $1,542,000. LEVEL FOUR ADVISORY SERVICES, LLC acquired a new stake in LOCO for approximately $470,000. SCHONFELD STRATEGIC ADVISORS LLC purchased a new stake in LOCO valued at around $233,000 in the second quarter. In total, there are 182 active investors with 97.70% ownership of the company’s stock.
With an opening price of $11.30 on Tuesday morning, El Pollo Loco Holdings Inc. (NASDAQ: LOCO) set off the trading day. During the past 12 months, El Pollo Loco Holdings Inc. has had a low of $7.06 and a high of $12.10. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 0.60, and a quick ratio of 0.50. The fifty day moving average price for LOCO is $10.63 and a two-hundred day moving average price translates $10.13 for the stock.
The latest earnings results from El Pollo Loco Holdings Inc. (NASDAQ: LOCO) was released for Jun, 2022. According to the Restaurants Company, earnings per share came in at $0.21, beating analysts’ expectations of $0.19 by 0.02. This compares to $0.28 EPS in the same period last year. The net profit margin was 4.40% and return on equity was 6.40% for LOCO. The company reported revenue of $119.88 million for the quarter, compared to $115.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.61 percent. For the current quarter, analysts expect LOCO to generate $115.74M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 11/09/2022. Investors who held shares on 10/24/2022 were paid a $1.50 dividend.
El Pollo Loco Holdings Inc.(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. As of May 04, 2022, the company operated 480 restaurants comprising 189 company-operated and 291 franchised restaurants located in California, Nevada, Arizona, Texas, Utah, and Louisiana. It also licenses one restaurant in the Philippines. The company was formerly known as Chicken Acquisition Corp. and changed its name to El Pollo Loco Holdings, Inc. in April 2014. El Pollo Loco Holdings, Inc. was founded in 1975 and is headquartered in Costa Mesa, California.