The price of El Pollo Loco Holdings Inc. (NASDAQ:LOCO) shares last traded on Wall Street fell -0.78% to $8.91.
Based on available information, 5 analysts follow El Pollo Loco Holdings Inc. (NASDAQ:LOCO). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $13.00 and a low of $11.00, we find $11.00. Given the previous closing price of $8.98, this indicates a potential upside of 22.49 percent. LOCO stock price is now -5.47% away from the 50-day moving average and -12.09% away from the 200-day moving average. The market capitalization of the company currently stands at $337.24M.
Among analysts, 4 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $11.67 as their price target over the next twelve months.
In other news, Roberts Laurance, CEO & PRESIDENT sold 59,950 shares of the company’s stock on Jun 22. The stock was sold for $573,722 at an average price of $9.57. Upon completion of the transaction, the CEO & PRESIDENT now directly owns 191,747 shares in the company, valued at $1.71 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19, CEO & PRESIDENT Roberts Laurance sold 60,000 shares of the business’s stock. A total of $577,200 was realized by selling the stock at an average price of $9.62. This leaves the insider owning 191,747 shares of the company worth $1.71 million. Insiders disposed of 21,588,272 shares of company stock worth roughly $192.35 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 SUSQUEHANNA INTERNATIONAL GROUP, LLP during the first quarter worth $3,287,000. HBK INVESTMENTS L P invested $1,612,000 in shares of LOCO during the first quarter. In the first quarter, CENTERBOOK PARTNERS LP acquired a new stake in El Pollo Loco Holdings Inc. valued at approximately $962,000. MONASHEE INVESTMENT MANAGEMENT LLC acquired a new stake in LOCO for approximately $663,000. LAURION CAPITAL MANAGEMENT LP purchased a new stake in LOCO valued at around $535,000 in the second quarter. In total, there are 182 active investors with 97.70% ownership of the company’s stock.
A candlestick chart of El Pollo Loco Holdings Inc. (NASDAQ: LOCO) showed a price of $8.95 on Wednesday morning. During the past 12 months, El Pollo Loco Holdings Inc. has had a low of $7.06 and a high of $13.00. As of last week, the company has a debt-to-equity ratio of 0.21, a current ratio of 0.40, and a quick ratio of 0.30. According to the stock market information, the enterprise value for the company is $561.23M, which is based on a 13.81 price-to-earnings ratio, a 0.92 price-to-earnings-growth ratio, and a beta of 1.31. The fifty day moving average price for LOCO is $9.42 and a two-hundred day moving average price translates $10.30 for the stock.
The latest earnings results from El Pollo Loco Holdings Inc. (NASDAQ: LOCO) was released for Mar, 2023. According to the Restaurants Company, earnings per share came in at $0.14, beating analysts’ expectations of $0.11 by 0.03. This compares to $0.06 EPS in the same period last year. The net profit margin was 5.00% and return on equity was 7.80% for LOCO. The company reported revenue of $114.53 million for the quarter, compared to $110.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.07 percent. For the current quarter, analysts expect LOCO to generate $125.22M 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. It operates franchised restaurants located in California, Nevada, Arizona, Texas, Utah, and Louisiana. It also licenses its brand to restaurants 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.
