El Pollo Loco (LOCO) to Release Earnings on Thursday

El Pollo Loco (NASDAQ:LOCOGet Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, March 7th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

El Pollo Loco Stock Performance

LOCO opened at $9.09 on Tuesday. The company has a current ratio of 0.42, a quick ratio of 0.39 and a debt-to-equity ratio of 0.32. The company has a market cap of $299.52 million, a price-to-earnings ratio of 11.51 and a beta of 1.40. The company’s 50 day moving average is $9.03 and its 200 day moving average is $8.90. El Pollo Loco has a 12-month low of $8.11 and a 12-month high of $12.29.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of El Pollo Loco from a “buy” rating to a “hold” rating in a report on Friday, January 19th.

Check Out Our Latest Analysis on El Pollo Loco

Hedge Funds Weigh In On El Pollo Loco

Several large investors have recently added to or reduced their stakes in LOCO. BlackRock Inc. lifted its holdings in El Pollo Loco by 32.6% during the second quarter. BlackRock Inc. now owns 4,367,949 shares of the restaurant operator’s stock valued at $38,307,000 after purchasing an additional 1,073,581 shares in the last quarter. Millennium Management LLC lifted its holdings in El Pollo Loco by 1,139.2% during the fourth quarter. Millennium Management LLC now owns 616,042 shares of the restaurant operator’s stock valued at $6,136,000 after purchasing an additional 566,331 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of El Pollo Loco by 150.3% during the first quarter. Bank of New York Mellon Corp now owns 463,698 shares of the restaurant operator’s stock valued at $4,447,000 after buying an additional 278,448 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of El Pollo Loco by 456.7% during the second quarter. Goldman Sachs Group Inc. now owns 269,585 shares of the restaurant operator’s stock valued at $2,364,000 after buying an additional 221,160 shares during the last quarter. Finally, Wasatch Advisors LP raised its position in shares of El Pollo Loco by 65.5% during the first quarter. Wasatch Advisors LP now owns 513,649 shares of the restaurant operator’s stock valued at $4,926,000 after buying an additional 203,343 shares during the last quarter. Hedge funds and other institutional investors own 60.64% of the company’s stock.

About El Pollo Loco

(Get Free Report)

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.

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Earnings History for El Pollo Loco (NASDAQ:LOCO)

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